Bingham Private Wealth LLC Takes Position in Tesla, Inc. $TSLA

Key Points

• Bingham Private Wealth LLC bought a new stake in Tesla (NASDAQ:TSLA) of 3,020 shares in Q4, valued at about $1.36 million, representing roughly 1.1% of its portfolio and the firm's 24th largest holding.
• Corporate insiders have been net sellers recently: CFO Vaibhav Taneja sold 2,264 shares and Director Kathleen Wilson‑Thompson sold 25,809 shares, with insiders offloading 53,804 shares worth about $20.9 million in the last 90 days; corporate insiders now own 19.9% of the stock.
• Analysts are mixed — Tesla has a consensus rating of Hold with an average target of about $399.44 — while near‑term catalysts (UBS upgrade, Dutch FSD approval path, and potential Shanghai scaling of Optimus) could drive volatility around upcoming earnings.

Bingham Private Wealth LLC acquired a new stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 3,020 shares of the electric vehicle producer's stock, valued at approximately $1,358,000. Tesla makes up approximately 1.1% of Bingham Private Wealth LLC's portfolio, making the stock its 24th largest holding.

Several other hedge funds also recently modified their holdings of TSLA. Networth Advisors LLC bought a new position in shares of Tesla in the 4th quarter valued at about $26,000. Chapman Financial Group LLC bought a new position in shares of Tesla in the 2nd quarter valued at about $26,000. Manning & Napier Advisors LLC bought a new position in shares of Tesla in the 3rd quarter valued at about $29,000. Prism Advisors Inc. bought a new position in shares of Tesla in the 4th quarter valued at about $30,000. Finally, Turning Point Benefit Group Inc. bought a new position in shares of Tesla in the 3rd quarter valued at about $30,000. Institutional investors own 66.20% of the company's stock.

Insider Buying and Selling

In other news, CFO Vaibhav Taneja sold 2,264 shares of the business's stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the sale, the chief financial officer owned 18,106 shares in the company, valued at $7,188,625.18. The trade was a 11.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the business's stock in a transaction that occurred on Monday, March 30th. The stock was sold at an average price of $359.33, for a total value of $9,273,947.97. Following the sale, the director owned 33,860 shares of the company's stock, valued at approximately $12,166,913.80. This represents a 43.25% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 53,804 shares of company stock valued at $20,865,598. Corporate insiders own 19.90% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Piper Sandler restated an "overweight" rating on shares of Tesla in a report on Thursday, January 29th. New Street Research raised their price objective on Tesla from $520.00 to $600.00 and gave the company a "buy" rating in a report on Tuesday, January 6th. Bank of America began coverage on Tesla in a report on Wednesday, March 4th. They set a "buy" rating and a $460.00 price target for the company. UBS Group upgraded Tesla from a "sell" rating to a "neutral" rating and set a $352.00 price target for the company in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on Tesla from $480.00 to $465.00 and set a "buy" rating for the company in a report on Thursday, April 9th. Nineteen research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and nine have issued a Sell rating to the company. According to data from MarketBeat, Tesla has a consensus rating of "Hold" and an average target price of $399.44.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: UBS upgraded TSLA to Neutral from Sell, arguing current shares better balance near‑term demand headwinds with the long‑term AI/robotics opportunity; the note helped lift the stock. Read More.
• Positive Sentiment: Dutch approval for Tesla’s supervised FSD and notification to the European Commission opens a clear path toward broader EU rollout — regulatory wins accelerate monetization and are a visible catalyst for autonomy optimism. Read More.
• Positive Sentiment: Reports say Tesla is exploring using its Shanghai Gigafactory to scale production of the Optimus robot — if true, leveraging China volume to lower unit costs would materially de‑risk the robotics/robotaxi story. Read More.
• Neutral Sentiment: Upcoming earnings (April 22) are a near‑term catalyst — expectations are mixed, so the report could swing sentiment either way depending on delivery trends and commentary on autonomy/Optimus. Read More.
• Neutral Sentiment: Product and marketing moves (e.g., limited‑edition Model S/X 'Signature' restrictions and other promotions) are generating headlines and short‑term demand/PR effects but are unlikely to change fundamentals alone. Read More.
• Negative Sentiment: Delivery shortfalls, weakening China demand and margin pressure remain material risks; some houses (e.g., JP Morgan scenarios cited) still model very large downside, keeping valuation risk high. Read More.
• Negative Sentiment: Even with upgrades, analysts warn of continued volatility — UBS itself and others note slow robo‑taxi/Optimus commercialization and execution risk, so expect bumpy trading around catalysts. Read More.

Tesla Trading Up 3.3%

Tesla stock opened at $364.10 on Wednesday. Tesla, Inc. has a 52 week low of $222.79 and a 52 week high of $498.83. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16. The stock has a market capitalization of $1.37 trillion, a P/E ratio of 337.13, a PEG ratio of 10.96 and a beta of 1.91. The stock has a 50-day simple moving average of $390.37 and a 200 day simple moving average of $423.64.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The business had revenue of $24.90 billion during the quarter, compared to analysts' expectations of $24.75 billion. During the same quarter last year, the company posted $0.73 earnings per share. Tesla's quarterly revenue was down 3.1% on a year-over-year basis. Analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year.

Tesla Company Profile

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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