Brooklands Fund Management Ltd Makes New Investment in Tesla, Inc. $TSLA

Key Points

• Brooklands Fund Management opened a new position in Tesla during the fourth quarter, buying 5,438 shares worth about $2.34 million. The stake represents roughly 0.3% of its portfolio and makes Tesla its 14th largest holding.
• Other hedge funds also added to Tesla positions, and institutional ownership remains high at 66.2% of outstanding shares. This suggests continued interest from large investors despite the stock’s volatility.
• Tesla is drawing mixed headlines: bullish commentary on its AI, robotaxi, and Optimus potential is supporting sentiment, but European regulators are reportedly questioning the company’s Full Self-Driving safety data, which could create approval hurdles.

Brooklands Fund Management Ltd bought a new position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,438 shares of the electric vehicle producer's stock, valued at approximately $2,341,000. Tesla accounts for about 0.3% of Brooklands Fund Management Ltd's holdings, making the stock its 14th largest holding.

Several other hedge funds have also made changes to their positions in the business. PFS Partners LLC boosted its stake in shares of Tesla by 4.2% during the fourth quarter. PFS Partners LLC now owns 590 shares of the electric vehicle producer's stock worth $265,000 after buying an additional 24 shares during the period. Journey Advisory Group LLC boosted its stake in shares of Tesla by 0.7% during the third quarter. Journey Advisory Group LLC now owns 3,414 shares of the electric vehicle producer's stock worth $1,518,000 after buying an additional 25 shares during the period. Boltwood Capital Management boosted its stake in shares of Tesla by 1.2% during the fourth quarter. Boltwood Capital Management now owns 2,120 shares of the electric vehicle producer's stock worth $953,000 after buying an additional 25 shares during the period. Woodmont Investment Counsel LLC boosted its stake in shares of Tesla by 1.2% during the fourth quarter. Woodmont Investment Counsel LLC now owns 2,124 shares of the electric vehicle producer's stock worth $955,000 after buying an additional 25 shares during the period. Finally, Aspect Partners LLC boosted its stake in shares of Tesla by 12.5% during the fourth quarter. Aspect Partners LLC now owns 225 shares of the electric vehicle producer's stock worth $101,000 after buying an additional 25 shares during the period. Institutional investors and hedge funds own 66.20% of the company's stock.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: SpaceX’s strong debut and rising attention on Musk’s empire have lifted sentiment around Tesla, with some investors viewing TSLA as a beneficiary of growing interest in a potential Tesla-SpaceX combination. Article Title
• Positive Sentiment: Wall Street discussion about Tesla’s AI-driven valuation, including robotaxi and Optimus upside, is keeping bullish expectations alive despite a high valuation. Article Title
• Neutral Sentiment: Rivian’s CEO said his company plans to release Tesla FSD-like self-driving tech later this year, underscoring continued competition in autonomous driving. Article Title
• Negative Sentiment: Reuters reported that Tesla gave European regulators safety data for Full Self-Driving that Swedish and Dutch authorities viewed as misleading, raising the risk of scrutiny or delays for FSD approval in Europe. Article Title
• Negative Sentiment: Additional reports about European regulators questioning Tesla’s FSD data could increase concerns about regulatory hurdles for one of Tesla’s key AI/autonomy growth drivers. Article Title

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on TSLA. Royal Bank Of Canada reiterated a "buy" rating on shares of Tesla in a research note on Monday, April 27th. Needham & Company LLC reiterated a "hold" rating on shares of Tesla in a research note on Thursday, April 23rd. Roth Mkm reissued a "buy" rating on shares of Tesla in a report on Thursday, April 23rd. JPMorgan Chase & Co. raised shares of Tesla from an "underweight" rating to a "neutral" rating and increased their price target for the stock from $145.00 to $475.00 in a report on Friday, June 5th. Finally, Tigress Financial initiated coverage on shares of Tesla in a report on Monday, April 27th. They set a "buy" rating for the company. Twenty-one equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $404.37.

Insider Transactions at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total value of $1,350,000.00. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares of the company's stock, valued at approximately $8,147,700. This trade represents a 14.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the completion of the transaction, the director directly owned 48,399 shares of the company's stock, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 57,824 shares of company stock valued at $21,657,588. 19.90% of the stock is currently owned by corporate insiders.

Tesla Trading Up 1.2%

Shares of Tesla stock opened at $411.15 on Tuesday. Tesla, Inc. has a 12-month low of $288.77 and a 12-month high of $498.83. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. The stock has a market cap of $1.54 trillion, a PE ratio of 377.20, a price-to-earnings-growth ratio of 16.25 and a beta of 1.80. The company has a 50-day moving average of $399.36 and a two-hundred day moving average of $415.94.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The company had revenue of $22.39 billion during the quarter, compared to analysts' expectations of $22.96 billion. During the same period last year, the company posted $0.27 earnings per share. The firm's quarterly revenue was up 15.8% compared to the same quarter last year. On average, research analysts anticipate that Tesla, Inc. will post 1.19 EPS for the current fiscal year.

Tesla 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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