8,810 Tesla, Inc. $TSLA Shares Sold by AA Financial Advisors LLC

AA Financial Advisors LLC lessened its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 35.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,831 shares of the electric vehicle producer's stock after selling 8,810 shares during the period. AA Financial Advisors LLC's holdings in Tesla were worth $5,617,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of TSLA. Clear Trail Advisors LLC lifted its holdings in Tesla by 1.6% during the 1st quarter. Clear Trail Advisors LLC now owns 1,628 shares of the electric vehicle producer's stock valued at $605,000 after buying an additional 25 shares in the last quarter. Peirce Capital Management LLC grew its stake in Tesla by 1.5% in the second quarter. Peirce Capital Management LLC now owns 1,657 shares of the electric vehicle producer's stock worth $697,000 after purchasing an additional 25 shares in the last quarter. Retirement Planning Group LLC NY grew its stake in Tesla by 3.8% in the first quarter. Retirement Planning Group LLC NY now owns 713 shares of the electric vehicle producer's stock worth $265,000 after purchasing an additional 26 shares in the last quarter. Phillip James Consulting Co. increased its holdings in Tesla by 8.7% during the 1st quarter. Phillip James Consulting Co. now owns 326 shares of the electric vehicle producer's stock worth $121,000 after purchasing an additional 26 shares during the period. Finally, Cadence Wealth Management LLC increased its holdings in Tesla by 4.7% during the 1st quarter. Cadence Wealth Management LLC now owns 580 shares of the electric vehicle producer's stock worth $216,000 after purchasing an additional 26 shares during the period. Institutional investors own 66.20% of the company's stock.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Roadster enthusiasm and SpaceX speculation supported sentiment. Tesla’s thruster-powered Roadster demonstration, along with Elon Musk’s claims about future autonomy and “sentience,” generated investor interest. Commentary also revived speculation that SpaceX could acquire or merge with Tesla, although analysts stressed that such a transaction would be complex and remains unconfirmed. Tesla's Roadster Reveal Hints at 2 Much Bigger Moves
• Positive Sentiment: Florida policy comments added to the Roadster catalyst. Florida Governor Ron DeSantis said he would work to make the flying Roadster legal in the state, helping Tesla outperform smaller EV peers. The commercial opportunity remains highly uncertain because Tesla has not established pricing, production scale or regulatory approval. Tesla Rises as DeSantis Vows to Make Flying Roadster Legal in Florida
• Positive Sentiment: Shareholders will vote on board continuity. Tesla asked investors to re-elect Musk, Chair Robyn Denholm and JB Straubel at the December annual meeting. The proposal maintains the current leadership structure, which may reassure supporters of Tesla’s AI, robotaxi and robotics strategy. Tesla Asks Shareholders to Re-elect Musk, Denholm and Straubel
• Neutral Sentiment: Q3 earnings are the immediate trading event. Tesla reports after Wednesday’s close. Estimates generally call for about $27.8 billion-$27.9 billion in revenue and roughly $0.43-$0.44 in adjusted EPS, below the prior-year EPS figure. Options markets imply a potentially large post-earnings move, making margin commentary, deliveries, FSD monetization and capital spending particularly important. How Much Tesla Stock Is Expected to Move After Earnings
• Negative Sentiment: Profitability and valuation remain major risks. Analysts expect earnings to decline, with gross-margin pressure and substantial spending on AI, chips, Optimus and robotaxis potentially limiting near-term profits. At a very elevated valuation, Tesla may need to materially exceed expectations to sustain the rebound. Tesla's Biggest Earnings Risk May Be Its Bullish Sentiment
• Positive Sentiment: A federal appeals court decision reduced legal overhang. A Ninth Circuit ruling decertified a class action involving Tesla’s self-driving claims, a potentially favorable development for litigation risk, although it does not eliminate all legal or regulatory exposure. US Appeals Court Overturns Class Action Lawsuit Over Tesla Self-Driving Claims

Insider Activity at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of the company's stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the completion of the transaction, the chief financial officer owned 25,972 shares of the company's stock, valued at approximately $9,353,296.36. This represents a 9.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on TSLA. TD Cowen restated a "buy" rating on shares of Tesla in a report on Friday, August 14th. Morgan Stanley reiterated a "reduce" rating on shares of Tesla in a report on Monday, September 14th. UBS Group reissued a "buy" rating and set a $391.00 target price (up from $385.00) on shares of Tesla in a research report on Wednesday, October 7th. Citizens Jmp started coverage on shares of Tesla in a report on Thursday, July 9th. They issued a "market perform" rating for the company. Finally, William Blair reaffirmed a "market perform" rating on shares of Tesla in a research report on Thursday, July 2nd. One research analyst has rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, sixteen have given a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $415.07.

Tesla Stock Performance

Shares of TSLA stock opened at $368.06 on Tuesday. The business has a fifty day moving average of $360.72 and a 200 day moving average of $377.03. Tesla, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. The firm has a market capitalization of $1.45 trillion, a price-to-earnings ratio of 394.13, a price-to-earnings-growth ratio of 22.59 and a beta of 1.92.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). The business had revenue of $28.24 billion during the quarter, compared to analyst estimates of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%. Tesla's quarterly revenue was up 25.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.33 EPS. As a group, research analysts expect that Tesla, Inc. will post 0.71 earnings per share for the current year.

Tesla 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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