CreativeOne Wealth LLC Grows Stock Position in Tesla, Inc. $TSLA

Key Points

• CreativeOne Wealth LLC raised its stake in Tesla by 5.5% in Q3, adding 3,076 shares to hold 59,453 shares valued at $26.44 million.
• Institutional investors own 66.2% of the company, with Vanguard holding about 252.4 million shares (~$112.24 billion), and Tesla trades at a sizable market cap (~$1.49 trillion) with a high P/E (~367).
• Insider activity has been heavy on the sell side recently: CFO Vaibhav Taneja and director Kimbal Musk disclosed large sales, and insiders sold 145,188 shares (~$64.2 million) over the past 90 days.

CreativeOne Wealth LLC raised its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 5.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 59,453 shares of the electric vehicle producer's stock after buying an additional 3,076 shares during the quarter. CreativeOne Wealth LLC's holdings in Tesla were worth $26,440,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of TSLA. Vanguard Group Inc. increased its position in Tesla by 0.4% during the third quarter. Vanguard Group Inc. now owns 252,386,304 shares of the electric vehicle producer's stock worth $112,241,237,000 after purchasing an additional 995,623 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Tesla by 2.0% in the 2nd quarter. Geode Capital Management LLC now owns 64,767,993 shares of the electric vehicle producer's stock valued at $20,480,477,000 after purchasing an additional 1,269,304 shares during the last quarter. Norges Bank purchased a new stake in shares of Tesla during the 2nd quarter valued at $11,839,824,000. Legal & General Group Plc increased its holdings in shares of Tesla by 5.9% during the 2nd quarter. Legal & General Group Plc now owns 20,225,098 shares of the electric vehicle producer's stock worth $6,424,705,000 after buying an additional 1,134,678 shares during the last quarter. Finally, Amundi raised its position in shares of Tesla by 20.4% in the 2nd quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer's stock worth $6,374,284,000 after buying an additional 3,422,270 shares during the period. Institutional investors and hedge funds own 66.20% of the company's stock.

Tesla Price Performance

TSLA stock opened at $396.73 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16. Tesla, Inc. has a 1 year low of $214.25 and a 1 year high of $498.83. The firm has a market cap of $1.49 trillion, a P/E ratio of 367.34, a price-to-earnings-growth ratio of 11.73 and a beta of 1.89. The stock has a 50-day simple moving average of $425.17 and a 200-day simple moving average of $423.32.

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

Insider Activity

In other news, CFO Vaibhav Taneja sold 2,637 shares of the business's stock in a transaction on Monday, December 8th. The shares were sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the transaction, the chief financial officer directly owned 13,757 shares of the company's stock, valued at approximately $6,107,145.01. The trade was a 16.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of the company's stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the transaction, the director owned 1,391,615 shares of the company's stock, valued at $627,145,215.90. This trade represents a 3.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 145,188 shares of company stock worth $64,193,919. Company insiders own 19.90% of the company's stock.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Higher oil/gas prices make EV ownership relatively more attractive, which could support Tesla vehicle demand and margins in coming months. Oil prices are surging. Will that help Tesla and others sell more EVs?
• Positive Sentiment: February Europe registrations rose ~10% for Tesla in some reporting, showing pockets of demand resilience despite competitive pressure. Tesla's Europe registrations rise 10% in February despite sales drops in key markets
• Positive Sentiment: Bank of America issued a buy/upgrade view on Tesla (along with legacy automakers), citing opportunities such as robotaxi upside that could support a longer‑term recovery in sentiment. BofA Upgrades Ford (F), Tesla (TSLA), and GM (GM) Stock: What Investors Need to Know
• Neutral Sentiment: Tesla filed a new patent suggesting a bold seat design for the next‑gen Roadster — an innovation signal but not an immediate revenue driver. Tesla Patent Points to Bold New Seat Design for Next-Gen Roadster
• Negative Sentiment: BYD unveiled ultra‑fast charging tech (claims of near‑full in ~9 minutes), which threatens Tesla’s Supercharger competitive edge and raises execution/market‑share risk. BYD Needs Just 9 Minutes To Challenge Tesla's Last Great Advantage
• Negative Sentiment: UK sales plunged ~37% year‑over‑year in February, underscoring uneven regional recovery and intensifying competitive pressure from Chinese EV makers. Tesla UK car sales drop 37% as Chinese competition heightens, SMMT data shows
• Negative Sentiment: Analyst action and option‑market signals are bearish: BNP Paribas/Exane cut TSLA targets and near‑term put premiums are elevated, implying hedging/short interest and potential selling pressure. BNP Paribas Exane Cuts Tesla NASDAQ: TSLA Price Target to $280.00

Analyst Ratings Changes

TSLA has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft lowered their price target on Tesla from $500.00 to $480.00 and set a "buy" rating for the company in a research report on Friday, January 30th. DZ Bank reaffirmed a "sell" rating on shares of Tesla in a research note on Thursday, January 29th. CICC Research boosted their target price on Tesla from $450.00 to $500.00 and gave the stock an "outperform" rating in a report on Thursday, December 18th. William Blair reissued a "market perform" rating on shares of Tesla in a research report on Friday, January 2nd. Finally, Benchmark reaffirmed a "buy" rating on shares of Tesla in a research report on Wednesday, February 11th. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and nine have issued a Sell rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $406.84.

About Tesla

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.

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.