Capital Wealth Planning LLC Buys 22,934 Shares of Tesla, Inc. $TSLA

Key Points

• Capital Wealth Planning LLC increased its Tesla stake by 72.1% in the fourth quarter, buying 22,934 additional shares and bringing its total holdings to 54,739 shares worth about $24.6 million.
• Several other institutional investors also added to or initiated positions in Tesla, and 66.2% of the stock is owned by institutions and hedge funds, highlighting strong professional investor interest.
• Analysts remain mixed on Tesla: the current consensus rating is Hold with a $404.37 price target, even as some firms turned more bullish on the company’s autonomy, robotics, and energy-storage prospects.

Capital Wealth Planning LLC boosted its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 72.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 54,739 shares of the electric vehicle producer's stock after buying an additional 22,934 shares during the quarter. Capital Wealth Planning LLC's holdings in Tesla were worth $24,617,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Cedar Point Capital Partners LLC boosted its stake in Tesla by 29.7% in the fourth quarter. Cedar Point Capital Partners LLC now owns 664 shares of the electric vehicle producer's stock valued at $299,000 after buying an additional 152 shares in the last quarter. Entelevest LLC acquired a new stake in Tesla in the fourth quarter valued at about $1,496,000. Truepoint Inc. acquired a new stake in Tesla in the fourth quarter valued at about $539,000. Dorsey & Whitney Trust CO LLC boosted its stake in Tesla by 8.8% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 22,432 shares of the electric vehicle producer's stock valued at $10,088,000 after buying an additional 1,809 shares in the last quarter. Finally, Prism Planning Partners LLC acquired a new stake in Tesla in the fourth quarter valued at about $309,000. 66.20% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently weighed in on TSLA. Barclays reaffirmed a "neutral" rating on shares of Tesla in a research note on Wednesday, May 13th. Erste Group Bank raised Tesla from a "sell" rating to a "hold" rating in a research note on Friday, June 5th. TD Cowen reissued a "buy" rating and set a $490.00 price target on shares of Tesla in a research note on Thursday, June 4th. HSBC began coverage on Tesla in a research note on Monday, April 27th. They set a "buy" rating on the stock. Finally, UBS Group lifted their price target on Tesla from $352.00 to $364.00 and gave the company a "neutral" rating in a research note on Wednesday, May 13th. Twenty-two equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $404.37.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Analysts at Piper Sandler and JPMorgan turned more bullish on Tesla, citing stronger-than-expected potential in autonomy, robotics, energy storage, and “physical AI,” with some raising price targets sharply. Article Title
• Positive Sentiment: Multiple reports said Tesla’s Full Self-Driving narrative is gaining credibility, including Dutch safety data showing far fewer crashes and news that Belgium approved FSD software use. Article Title
• Positive Sentiment: Tesla also received support from reports of continued robotaxi rollout in Austin and renewed optimism around Optimus and other AI-driven projects, reinforcing the view that the stock’s upside may come more from software and autonomy than car sales alone. Article Title
• Positive Sentiment: Tesla’s China sales reportedly rebounded in May, with retail deliveries up 22.5% year over year and exports from Shanghai improving, easing some demand concerns. Article Title
• Neutral Sentiment: There was also chatter around a possible SpaceX IPO and broader Elon Musk ecosystem speculation, which has boosted sentiment at times but remains largely a narrative-driven factor rather than a direct Tesla operating update. Article Title
• Neutral Sentiment: Tesla CFO Vaibhav Taneja sold shares to cover tax withholding on vested awards, which is routine insider activity and not necessarily a negative fundamental signal. Article Title
• Negative Sentiment: Broader market weakness tied to Middle East tensions, inflation worries, and a tech selloff pressured Tesla along with other high-multiple growth stocks. Article Title
• Negative Sentiment: Competition remains intense, with BYD accelerating charger and product investments and Rivian launching lower-priced EVs, keeping pressure on Tesla’s pricing and market share outlook. Article Title
• Negative Sentiment: Investors also remain cautious about Tesla’s premium valuation and repeated headlines around Musk’s SpaceX plans and merger speculation, which can distract from near-term execution and add volatility. Article Title

Tesla Price Performance

Tesla stock opened at $381.59 on Thursday. The stock's 50 day moving average is $397.29 and its 200 day moving average is $416.02. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. The firm has a market cap of $1.43 trillion, a P/E ratio of 350.08, a P/E/G ratio of 15.83 and a beta of 1.80. Tesla, Inc. has a one year low of $288.77 and a one year high of $498.83.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, topping analysts' consensus estimates of $0.39 by $0.02. The company had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The firm's quarterly revenue was up 15.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.27 earnings per share. As a group, research analysts expect that Tesla, Inc. will post 1.19 EPS for the current year.

Insider Buying and Selling

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

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.

Want to see what other hedge funds are holding TSLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tesla, Inc. (NASDAQ:TSLA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.