Corient Private Wealth LLC Raises Position in Tesla, Inc. $TSLA

Key Points

• Corient Private Wealth LLC increased its Tesla stake by 19.6% in the fourth quarter, buying an additional 127,564 shares and bringing its total holding to 776,777 shares valued at about $349.3 million.
• Institutional interest remains heavy, with major investors like Norges Bank, Bank of America, Vanguard, and others adding to Tesla positions; overall, about 66.2% of Tesla shares are owned by institutions.
• Tesla reported better-than-expected quarterly EPS of $0.41, though revenue came in slightly below estimates at $22.39 billion. The stock was trading around $400.49, and analysts currently have a consensus rating of Hold with an average target price near $404.37.

Corient Private Wealth LLC boosted its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 19.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 776,777 shares of the electric vehicle producer's stock after buying an additional 127,564 shares during the period. Corient Private Wealth LLC's holdings in Tesla were worth $349,346,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Tesla during the fourth quarter worth about $17,128,100,000. Bank of America Corp DE raised its stake in Tesla by 56.0% in the fourth quarter. Bank of America Corp DE now owns 20,755,605 shares of the electric vehicle producer's stock valued at $9,334,211,000 after purchasing an additional 7,450,766 shares in the last quarter. Cardano Risk Management B.V. raised its stake in Tesla by 882.8% in the fourth quarter. Cardano Risk Management B.V. now owns 8,202,060 shares of the electric vehicle producer's stock valued at $3,688,630,000 after purchasing an additional 7,367,507 shares in the last quarter. Vanguard Group Inc. lifted its position in Tesla by 2.6% during the fourth quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer's stock valued at $116,443,762,000 after purchasing an additional 6,538,720 shares during the last quarter. Finally, Holocene Advisors LP grew its stake in Tesla by 132.2% in the 3rd quarter. Holocene Advisors LP now owns 6,157,000 shares of the electric vehicle producer's stock worth $2,738,141,000 after buying an additional 3,505,000 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors.

Tesla Price Performance

Shares of Tesla stock opened at $400.49 on Monday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.04. Tesla, Inc. has a 52-week low of $288.77 and a 52-week high of $498.83. The company has a fifty day moving average of $403.33 and a 200-day moving average of $415.15. The stock has a market capitalization of $1.50 trillion, a price-to-earnings ratio of 367.42, a price-to-earnings-growth ratio of 16.01 and a beta of 1.80.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its earnings results 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 analysts' expectations of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The firm's revenue was up 15.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.27 EPS. Equities research analysts expect that Tesla, Inc. will post 1.19 EPS for the current year.

Insider Activity

In other news, CFO Vaibhav Taneja sold 3,000 shares of Tesla stock in a transaction dated 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 transaction, the chief financial officer owned 18,106 shares in the company, valued at approximately $8,147,700. The trade was a 14.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 business'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 completion of the sale, 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 position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 57,824 shares of company stock worth $21,657,588. Company insiders own 19.90% of the company's stock.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Elon Musk exercised stock options that lifted his Tesla ownership to 19.9%, reinforcing alignment with shareholders and signaling confidence in the company’s long-term strategy.
• Positive Sentiment: ARK Invest, led by Cathie Wood, bought more Tesla shares, adding to a broader bullish narrative around TSLA as an AI and autonomous-driving leader. Article Title
• Positive Sentiment: Analysts and commentary continue to frame Tesla as more than an EV maker, highlighting its AI, robotaxi, and robotics ambitions, which supports the stock’s premium valuation.
• Neutral Sentiment: Tesla received approval for supervised FSD in Denmark, a modest positive for its European rollout, but the approval is still limited and does not remove broader regulatory hurdles.
• Negative Sentiment: Reuters reported that Sweden may push back against Tesla’s supervised self-driving rollout in Europe unless speed-limit behavior is changed, creating a potential roadblock for FSD expansion. Article Title
• Negative Sentiment: Additional reports flagged “fresh FSD roadblock” concerns in Europe, keeping investor focus on regulatory risk rather than near-term software monetization.

Wall Street Analysts Forecast Growth

TSLA has been the topic of a number of research analyst reports. Jefferies Financial Group reissued a "neutral" rating on shares of Tesla in a report on Wednesday, April 22nd. President Capital upped their target price on shares of Tesla from $424.00 to $428.00 and gave the stock a "buy" rating in a research report on Monday, April 27th. Deutsche Bank Aktiengesellschaft assumed coverage on Tesla in a research note on Friday, June 5th. They issued a "buy" rating on the stock. Wedbush reaffirmed an "outperform" rating and set a $600.00 price target on shares of Tesla in a research note on Tuesday, April 21st. Finally, TD Cowen reiterated a "buy" rating and issued a $490.00 price objective on shares of Tesla in a report on Thursday, June 4th. Twenty-one investment analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and five have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Tesla has an average rating of "Hold" and a consensus target price of $404.37.

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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