Capstone Capital Management Ltd Has $5.21 Million Stock Holdings in Tesla, Inc. $TSLA

Key Points

• Capstone Capital Management dramatically increased its Tesla stake by 2,113.1% in Q1, ending with 14,009 shares valued at about $5.21 million. Tesla is now the fund’s third-largest holding and makes up 5.1% of its portfolio.
• Institutional interest in Tesla remains broad, with several other hedge funds also adding to positions; overall, 66.2% of Tesla shares are owned by hedge funds and other institutional investors.
• Analysts remain divided, but sentiment is still generally constructive: RBC raised its price target to $500 and maintained an outperform rating, while MarketBeat shows an average rating of Hold with an average target price of $408.52.

Capstone Capital Management Ltd boosted its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 2,113.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,009 shares of the electric vehicle producer's stock after purchasing an additional 13,376 shares during the period. Tesla comprises 5.1% of Capstone Capital Management Ltd's holdings, making the stock its 3rd biggest holding. Capstone Capital Management Ltd's holdings in Tesla were worth $5,208,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in TSLA. Brighton Jones LLC grew its stake in shares of Tesla by 11.8% during the fourth quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer's stock valued at $35,509,000 after buying an additional 9,293 shares during the last quarter. Revolve Wealth Partners LLC boosted its holdings in Tesla by 21.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer's stock valued at $2,147,000 after acquiring an additional 931 shares during the period. Bison Wealth LLC grew its position in Tesla by 52.2% in the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer's stock valued at $4,187,000 after acquiring an additional 3,558 shares during the last quarter. Sivia Capital Partners LLC grew its position in Tesla by 9.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer's stock valued at $3,855,000 after acquiring an additional 1,011 shares during the last quarter. Finally, AGP Franklin LLC increased its stake in Tesla by 21.2% in the second quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer's stock worth $1,544,000 after purchasing an additional 851 shares during the period. 66.20% of the stock is owned by hedge funds and other institutional investors.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla reported record Q2 deliveries that came in well ahead of expectations, and several articles suggest this supports the case for a stronger second-half outlook. Article Title
• Positive Sentiment: Tesla expanded its Robotaxi rollout to Miami, which keeps the company’s autonomy story front and center and fuels long-term AI-driven valuation hopes. Article Title
• Positive Sentiment: RBC raised its price target on Tesla to $500 and kept an outperform rating, signaling continued Wall Street optimism despite the recent pullback. Article Title
• Neutral Sentiment: New articles are highlighting Tesla’s growing energy-storage business, including more than $9 billion in Megapack orders, which could become an important future revenue stream but is not yet the main driver of the stock. Article Title
• Negative Sentiment: Despite strong delivery numbers, investors are still selling Tesla because they want clearer evidence that autonomy, AI, and robotaxi economics can translate into profits. Article Title
• Negative Sentiment: Regulatory and legal concerns are also weighing on sentiment, including a New Jersey bill that could restrict robotaxi operations and a high-profile manslaughter case involving a Tesla driver, both of which add headline risk. Article Title

Wall Street Analysts Forecast Growth

Several research analysts recently commented on TSLA shares. Cantor Fitzgerald reaffirmed an "overweight" rating on shares of Tesla in a research note on Monday, June 1st. Needham & Company LLC restated a "hold" rating on shares of Tesla in a research note on Thursday, April 23rd. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Tesla in a research report on Friday, April 24th. Erste Group Bank upgraded Tesla from a "sell" rating to a "hold" rating in a report on Friday, June 5th. Finally, Royal Bank Of Canada increased their price objective on Tesla from $475.00 to $500.00 and gave the stock an "outperform" rating in a research note on Tuesday. Twenty-one research analysts have rated the stock with a Buy rating, twenty have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $408.52.

Tesla Stock Performance

Shares of TSLA stock opened at $394.11 on Thursday. The firm has a market cap of $1.48 trillion, a price-to-earnings ratio of 361.57, a PEG ratio of 14.81 and a beta of 1.80. The company's 50 day moving average is $409.15 and its 200 day moving average is $409.76. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 52-week low of $293.55 and a 52-week high of $498.83.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping analysts' consensus estimates of $0.39 by $0.02. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.96 billion. During the same quarter in the prior year, the business earned $0.27 earnings per share. Tesla's revenue was up 15.8% on a year-over-year basis. On average, sell-side analysts anticipate that Tesla, Inc. will post 1.29 EPS for the current fiscal year.

Insider Transactions at Tesla

In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm's stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $378.11, for a total value of $9,985,506.99. Following the sale, the director directly owned 48,399 shares in the company, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction on Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the completion of the transaction, the chief financial officer directly owned 22,039 shares in the company, valued at $8,864,085.80. This represents a 10.57% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 32,015 shares of company stock worth $12,383,640. 19.90% of the stock is owned by corporate insiders.

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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