Avidian Wealth Enterprises LLC Acquires 1,678 Shares of Tesla, Inc. $TSLA

Key Points

• Avidian Wealth Enterprises increased its Tesla stake by 8.4% in the third quarter, adding 1,678 shares for a total of 21,716 shares valued at approximately $7.7 million. Institutional investors collectively own 66.2% of Tesla.
• Analyst sentiment is mixed: Tesla has a consensus “Hold” rating and an average price target of $412.19, despite several Buy and Strong Buy recommendations.
• Tesla shares recently traded down 2.1% to $369.93, while the company’s latest earnings missed EPS expectations despite revenue growth of 25.5% year over year. Investors are also weighing strong vehicle deliveries against Tesla’s high valuation and margin concerns.

Avidian Wealth Enterprises LLC lifted its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 8.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,716 shares of the electric vehicle producer's stock after buying an additional 1,678 shares during the period. Avidian Wealth Enterprises LLC's holdings in Tesla were worth $7,705,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the business. Veracity Capital LLC boosted its position in shares of Tesla by 13.0% during the 3rd quarter. Veracity Capital LLC now owns 2,254 shares of the electric vehicle producer's stock valued at $800,000 after acquiring an additional 259 shares during the last quarter. Tactive Advisors LLC grew its stake in shares of Tesla by 7.5% in the 3rd quarter. Tactive Advisors LLC now owns 7,444 shares of the electric vehicle producer's stock valued at $2,641,000 after buying an additional 518 shares during the period. New Covenant Trust Company N.A. increased its holdings in shares of Tesla by 18.5% during the 3rd quarter. New Covenant Trust Company N.A. now owns 4,065 shares of the electric vehicle producer's stock worth $1,442,000 after buying an additional 635 shares during the last quarter. Quintet Private Bank Europe S.A. lifted its holdings in Tesla by 47.6% in the third quarter. Quintet Private Bank Europe S.A. now owns 68,832 shares of the electric vehicle producer's stock valued at $24,422,000 after acquiring an additional 22,193 shares during the last quarter. Finally, Retirement Wealth Solutions LLC increased its stake in Tesla by 23.9% during the third quarter. Retirement Wealth Solutions LLC now owns 285 shares of the electric vehicle producer's stock worth $101,000 after acquiring an additional 55 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company's stock.

Wall Street Analyst Weigh In

TSLA has been the subject of several research analyst reports. Guggenheim started coverage on shares of Tesla in a research note on Monday, June 29th. They set a "neutral" rating for the company. BMO Capital Markets initiated coverage on shares of Tesla in a report on Monday, August 17th. They issued an "outperform" rating for the company. TD Cowen restated a "buy" rating on shares of Tesla in a research report on Friday, August 14th. Deutsche Bank Aktiengesellschaft set a $420.00 price objective on Tesla in a report on Monday, July 27th. Finally, DZ Bank raised Tesla from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, seventeen have issued a Hold rating and five have assigned a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $412.19.

Tesla Trading Down 2.1%

Shares of NASDAQ:TSLA traded down $7.88 during trading on Thursday, hitting $369.93. 13,878,765 shares of the company's stock were exchanged, compared to its average volume of 51,274,574. The firm has a 50-day moving average price of $352.86 and a two-hundred day moving average price of $377.14. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. The firm has a market cap of $1.46 trillion, a P/E ratio of 342.85, a PEG ratio of 20.34 and a beta of 1.92. 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 released its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.17). The company had revenue of $28.24 billion for the quarter, compared to the consensus estimate of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.The business's revenue was up 25.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.33 EPS. Equities analysts predict that Tesla, Inc. will post 0.83 earnings per share for the current year.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla delivered 486,532 vehicles in the third quarter, exceeding expectations by roughly 25,000 units. The beat is supporting the stock ahead of the company’s October 21 earnings report, although investors will focus on automotive margins and free cash flow. Tesla's EV Delivery Beat Is In, So What Happens Now?
• Positive Sentiment: Analysts remain focused on Tesla’s higher-margin opportunities beyond vehicles, including robotaxis, software, robotics and energy storage. Dan Ives sees more than 30% potential upside, while UBS called the setup “tactically favorable” and raised its price target to $391. TSLA Stock Heads For Weekly Win
• Positive Sentiment: Tesla and SpaceX reportedly plan to build and operate a Texas “Terafab” AI-chip complex, potentially improving supply control for autonomy and robotics. Tesla also arranged $30 billion in new credit facilities and loans, giving it greater funding capacity for expansion. Why Tesla Is Up After Unveiling Terafab
• Positive Sentiment: Germany’s transport minister backed faster European approval of Tesla’s supervised Full Self-Driving system, while Lemonade expanded insurance support for Tesla vehicles using FSD v14 Lite. Both developments could aid adoption if regulatory approval progresses. Musk Welcomes German Backing
• Neutral Sentiment: Tesla secured an order for 50 Tesla Semi trucks from IMC Logistics, providing validation for its commercial-vehicle strategy, though the order is unlikely to materially affect near-term financial results. Tesla Semi Lands 50-Truck Order
• Negative Sentiment: Investors remain concerned that Tesla is spending heavily on AI while relying on vehicle sales to fund the investment. The company’s extremely high valuation—about 345 times earnings—leaves little room for weaker margins or another earnings miss.
• Negative Sentiment: Reports say Tesla pressured European regulators to accelerate FSD reviews and reduce testing burdens. The scrutiny raises safety, liability and execution risks, while delays could undermine the robotaxi investment case. Tesla Pressured European Regulators
• Negative Sentiment: Tesla’s limited updates on the Optimus humanoid robot are making some investors uneasy, and its earlier sale of most Bitcoin holdings means it missed much of the subsequent cryptocurrency appreciation.

Insiders Place Their Bets

In related news, CFO Vaibhav Taneja sold 2,606 shares of the business's 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 completion of the sale, the chief financial officer directly owned 25,972 shares in the company, valued at $9,353,296.36. The trade was a 9.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 19.90% of the company's stock.

Tesla Company Profile

Tesla, Inc NASDAQ: TSLA designs, manufactures and sells electric vehicles, energy storage systems and solar energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y, Cybertruck and Tesla Semi. The company also develops vehicle software and driver-assistance features, operates a global Supercharger network and provides related vehicle services.

Tesla's energy business offers battery storage products for residential, commercial and utility customers, including Powerwall and Megapack, as well as solar panels and solar roofing products.

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