Bamco Inc. NY Has $5.27 Billion Position in Tesla, Inc. $TSLA

Key Points

• Bamco Inc. NY increased its Tesla stake by 5% in the second quarter, holding 12.52 million shares valued at approximately $5.27 billion. Tesla represents 7.9% of Bamco’s portfolio and is its second-largest position.
• Institutional investors and hedge funds own 66.2% of Tesla, while analyst sentiment is mixed: the stock has an overall “Hold” rating and a consensus price target of $401.74.
• Tesla reported quarterly revenue of $28.24 billion, up 25.5% year over year and above estimates, but earnings of $0.33 per share missed the $0.50 consensus forecast. Shares opened at $354.08, with a market capitalization of about $1.40 trillion.

Bamco Inc. NY increased its stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 5.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,524,752 shares of the electric vehicle producer's stock after purchasing an additional 591,243 shares during the quarter. Tesla comprises about 7.9% of Bamco Inc. NY's portfolio, making the stock its 2nd biggest position. Bamco Inc. NY owned 0.32% of Tesla worth $5,267,911,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of TSLA. Wealthquest Corp acquired a new position in Tesla during the fourth quarter valued at approximately $1,035,000. Private Capital Advisors Inc. grew its holdings in shares of Tesla by 139.3% in the 4th quarter. Private Capital Advisors Inc. now owns 21,331 shares of the electric vehicle producer's stock valued at $9,593,000 after buying an additional 12,417 shares during the period. Knights of Columbus Asset Advisors LLC increased its position in shares of Tesla by 34.8% in the 4th quarter. Knights of Columbus Asset Advisors LLC now owns 64,481 shares of the electric vehicle producer's stock valued at $28,998,000 after buying an additional 16,652 shares in the last quarter. Canada Post Corp Registered Pension Plan raised its stake in Tesla by 26.6% during the 4th quarter. Canada Post Corp Registered Pension Plan now owns 70,955 shares of the electric vehicle producer's stock worth $31,910,000 after buying an additional 14,900 shares during the period. Finally, Cascade Financial Partners LLC raised its stake in Tesla by 866.8% during the 4th quarter. Cascade Financial Partners LLC now owns 207,999 shares of the electric vehicle producer's stock worth $93,541,000 after buying an additional 186,485 shares during the period. Institutional investors and hedge funds own 66.20% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on TSLA shares. William Blair reissued a "market perform" rating on shares of Tesla in a research note on Thursday, July 2nd. Phillip Securities lowered their target price on Tesla from $220.00 to $215.00 and set a "sell" rating for the company in a research note on Wednesday, May 13th. Needham & Company LLC reiterated a "hold" rating on shares of Tesla in a report on Thursday, July 23rd. Morgan Stanley restated a "mixed" rating on shares of Tesla in a report on Wednesday, September 2nd. Finally, Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Tesla in a research report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eighteen have issued a Hold rating and four have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $401.74.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: European FSD expansion: Tesla’s supervised Full Self-Driving system received a regulatory green light in Slovenia, potentially supporting wider European deployment and additional high-margin software revenue. Tesla also cited safety data showing 4.1 times fewer collisions than manually driven Teslas in five European markets. Tesla FSD Supervised Gets Regulatory Green Light in Slovenia
• Positive Sentiment: Robotaxi opportunity: Tesla has begun limited paid Cybercab rides in Austin. Goldman Sachs believes the purpose-built vehicle could have a cost advantage in robotaxis, while Cathie Wood and other Tesla bulls continue to view autonomy, Optimus and AI as major long-term growth opportunities. Cybercab Could Transform Tesla, But Regulatory Risks Loom
• Positive Sentiment: AI ecosystem narrative: Investor interest remains focused on Tesla’s integration of FSD, Grok and the Optimus humanoid robot, as well as its indirect exposure to SpaceX. Supporters argue these businesses could eventually justify Tesla’s premium valuation. Cathie Wood Has Stuck With Tesla Through Repeated Missed Robotaxi Deadlines

Tesla Price Performance

TSLA stock opened at $354.08 on Tuesday. The company has a market cap of $1.40 trillion, a price-to-earnings ratio of 327.85, a P/E/G ratio of 17.88 and a beta of 1.84. Tesla, Inc. has a twelve month low of $297.38 and a twelve month high of $498.83. The business has a 50 day moving average price of $357.06 and a two-hundred day moving average price of $382.45. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The company had revenue of $28.24 billion for the quarter, compared to the consensus estimate of $26.42 billion. During the same quarter in the prior year, the company earned $0.33 EPS. The company's revenue for the quarter was up 25.5% on a year-over-year basis. Analysts anticipate that Tesla, Inc. will post 0.88 EPS for the current fiscal year.

About Tesla

Tesla, Inc NASDAQ: TSLA is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean‑energy company with Elon Musk serving as its chief executive officer. The company's stated mission is to accelerate the world's transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.

Tesla's automotive business includes a lineup of battery‑electric vehicles and related services.

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