4,607 Tesla, Inc. $TSLA Shares Sold by Bokf Na

Key Points

• BOKF NA reduced its Tesla stake by 7.9% in the third quarter, selling 4,607 shares and retaining 53,775 shares valued at approximately $19.1 million. Institutional investors collectively own 66.2% of Tesla.
• Tesla reported quarterly EPS of $0.48, slightly above expectations, while revenue of $28.05 billion was essentially in line with estimates and down 0.2% year over year. The stock trades at a very high price-to-earnings ratio of 444.2.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $414.51, though profitability pressures, regulatory concerns surrounding Full Self-Driving, and uncertainty over a potential SpaceX merger remain key risks.

Bokf Na lowered its stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 7.9% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 53,775 shares of the electric vehicle producer's stock after selling 4,607 shares during the period. Bokf Na's holdings in Tesla were worth $19,080,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the stock. Bamco Inc. NY boosted its position in Tesla by 5.0% during the second quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer's stock worth $5,267,911,000 after acquiring an additional 591,243 shares during the last quarter. One Plus One Wealth Management LLC acquired a new stake in Tesla in the 2nd quarter valued at about $1,009,000. Bessemer Group Inc. raised its holdings in Tesla by 23.6% in the 1st quarter. Bessemer Group Inc. now owns 56,240 shares of the electric vehicle producer's stock valued at $20,908,000 after acquiring an additional 10,747 shares during the last quarter. H&H International Investment LLC acquired a new stake in Tesla in the 1st quarter valued at about $1,267,259,000. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in Tesla by 12.4% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 43,600 shares of the electric vehicle producer's stock worth $15,470,000 after purchasing an additional 4,806 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company's stock.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Barclays upgraded Tesla to Overweight with a $450 price target, arguing that the company’s potential extends beyond a SpaceX merger. Analysts cited electric vehicles, energy storage and Full Self-Driving subscriptions as independent growth drivers. Why Tesla’s Upside Is About More Than a SpaceX Merger
• Positive Sentiment: Optimism around robotaxis continued after Elon Musk said Tesla plans to expand service to Miami and Tampa beaches. ARK Invest also reaffirmed its highly bullish long-term price target, assigning most of Tesla’s projected future value to robotaxis. Elon Musk Says Tesla Robotaxi Expansion
• Positive Sentiment: Tesla’s battery-storage business is showing demand strength, with Megapack systems reportedly nearing a sellout through 2027. A growing battery-passport market could also benefit Tesla’s energy and compliance-related offerings. Tesla Is Nearing a Sellout of Megapack Systems
• Neutral Sentiment: Speculation about a Tesla-SpaceX merger remains a major market driver, but no transaction terms or agreement have been announced. Such a deal could provide strategic benefits while also creating dilution, governance and valuation concerns for Tesla shareholders. Elon Musk Says Merging SpaceX and Tesla Would Be a Good Idea
• Negative Sentiment: Recent positive free cash flow appears driven largely by lower-than-expected capital spending—$4.73 billion versus roughly $7.77 billion expected—rather than improved operations. Operating income reportedly fell 56% to $718 million, underscoring pressure on profitability while Tesla invests heavily in AI, robotaxis and Optimus. Tesla’s Free Cash Flow Just Turned Positive
• Negative Sentiment: Execution and regulatory concerns also weighed on sentiment: 80 Tesla drivers in South Korea reportedly face criminal referrals for unauthorized FSD activation, while commentary questioned the Roadster’s performance and the company’s ability to defend its autonomy lead against Waymo and Chinese rivals. Tesla’s extremely high earnings multiple leaves little room for disappointment. 80 Tesla Drivers Face Criminal Charges in South Korea

Tesla Stock Performance

NASDAQ:TSLA opened at $404.22 on Thursday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.74 and a quick ratio of 1.39. The firm has a market capitalization of $1.60 trillion, a price-to-earnings ratio of 444.20, a PEG ratio of 23.62 and a beta of 1.92. The company's 50-day moving average is $367.47 and its two-hundred day moving average is $386.26. Tesla, Inc. has a 1-year low of $297.38 and a 1-year high of $498.83.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.46 by $0.02. The business had revenue of $28.05 billion during the quarter, compared to the consensus estimate of $28.06 billion. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The business's revenue was down .2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.50 EPS. Analysts forecast that Tesla, Inc. will post 0.70 EPS for the current year.

Analyst Ratings Changes

Several research analysts have recently weighed in on TSLA shares. Deutsche Bank Aktiengesellschaft assumed coverage on Tesla in a report on Monday. They set a "buy" rating on the stock. BMO Capital Markets assumed coverage on Tesla in a report on Monday, August 17th. They issued an "outperform" rating for the company. William Blair reiterated a "market perform" rating on shares of Tesla in a research report on Thursday, July 2nd. KeyCorp upgraded Tesla to a "sector weight" rating in a research report on Monday, September 28th. Finally, Truist Financial set a $370.00 price objective on Tesla and gave the stock a "hold" rating in a research note on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, seventeen have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, Tesla has a consensus rating of "Moderate Buy" and an average target price of $414.51.

Insider Buying and Selling

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the sale, the chief financial officer owned 25,972 shares in the company, valued at $9,353,296.36. The trade was a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is owned by corporate insiders.

Tesla Company Profile

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.

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