Dakota Community Bank & Trust NA Has $4.55 Million Stock Position in Tesla, Inc. $TSLA

Dakota Community Bank & Trust NA raised its position in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 39.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,235 shares of the electric vehicle producer's stock after buying an additional 3,448 shares during the period. Tesla accounts for 15.4% of Dakota Community Bank & Trust NA's investment portfolio, making the stock its biggest holding. Dakota Community Bank & Trust NA's holdings in Tesla were worth $4,548,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Woodmont Investment Counsel LLC boosted its position in Tesla by 1.2% in the fourth quarter. Woodmont Investment Counsel LLC now owns 2,124 shares of the electric vehicle producer's stock worth $955,000 after purchasing an additional 25 shares during the last quarter. Aspect Partners LLC increased its position in shares of Tesla by 12.5% during the 4th quarter. Aspect Partners LLC now owns 225 shares of the electric vehicle producer's stock valued at $101,000 after purchasing an additional 25 shares during the last quarter. Human Investing LLC increased its position in shares of Tesla by 4.5% during the 4th quarter. Human Investing LLC now owns 578 shares of the electric vehicle producer's stock valued at $260,000 after purchasing an additional 25 shares during the last quarter. SilverOak Wealth Management LLC raised its stake in shares of Tesla by 2.3% during the 4th quarter. SilverOak Wealth Management LLC now owns 1,117 shares of the electric vehicle producer's stock worth $502,000 after purchasing an additional 25 shares during the period. Finally, Boston Trust Walden Corp boosted its holdings in shares of Tesla by 0.7% in the 4th quarter. Boston Trust Walden Corp now owns 3,385 shares of the electric vehicle producer's stock worth $1,522,000 after buying an additional 25 shares during the last quarter. Hedge funds and other institutional investors own 66.20% of the company's stock.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 3,000 shares of the firm's stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following 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 Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 19.90% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the stock. UBS Group set a $460.00 target price on shares of Tesla in a research report on Thursday, July 23rd. President Capital lifted their price target on shares of Tesla from $424.00 to $428.00 and gave the stock a "buy" rating in a report on Monday, April 27th. Guggenheim began coverage on Tesla in a report on Monday, June 29th. They set a "neutral" rating for the company. TD Cowen reissued a "buy" rating and issued a $460.00 target price (down from $490.00) on shares of Tesla in a research report on Thursday, July 23rd. Finally, Piper Sandler lowered their target price on Tesla from $500.00 to $450.00 and set an "overweight" rating on the stock in a research note on Friday, July 24th. One analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, nineteen have issued a Hold rating and four have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $402.24.

Tesla Trading Down 0.0%

Shares of TSLA stock opened at $311.20 on Monday. The company has a market capitalization of $1.23 trillion, a PE ratio of 288.15, a price-to-earnings-growth ratio of 15.44 and a beta of 1.83. Tesla, Inc. has a 52-week low of $297.38 and a 52-week high of $498.83. The business's fifty day moving average is $389.93 and its 200 day moving average is $397.55. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94.

Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 EPS for the quarter, missing analysts' consensus estimates of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The company had revenue of $28.24 billion during the quarter, compared to analysts' expectations of $26.42 billion. During the same period in the prior year, the firm earned $0.33 EPS. Tesla's quarterly revenue was up 25.5% on a year-over-year basis. On average, equities research analysts anticipate that Tesla, Inc. will post 0.89 EPS for the current fiscal year.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Reports that Tesla could separate or sell its China operations to facilitate a potential merger with SpaceX have fueled speculation that investors could gain exposure to a broader artificial-intelligence, robotics and space conglomerate. Elon Musk called the China-sale report “fake news,” however, making the potential transaction highly uncertain. Tesla reportedly might sell its China business ahead of a SpaceX merger
• Positive Sentiment: Tesla’s production of its 10 millionth electric vehicle provides a notable scale milestone and reinforces its long-term manufacturing credentials. Rising global EV demand and higher gasoline prices could also support industry growth. Tesla made its 10 millionth EV
• Positive Sentiment: A broad technology rally, stronger results from Microsoft and Amazon, and an oversold condition helped improve sentiment toward Tesla after its post-earnings selloff. Reports also cited encouraging European safety data for supervised Full Self-Driving. Why is Tesla stock rising
• Neutral Sentiment: Speculation about Tesla and SpaceX merging remains a major valuation catalyst, but no deal has been confirmed. A transaction could expand Tesla’s AI and autonomy narrative while also creating substantial regulatory, geopolitical and execution complexities. A Tesla/SpaceX merger may be on the horizon
• Negative Sentiment: The National Highway Traffic Safety Administration opened a preliminary investigation into approximately 1.2 million Tesla vehicles over reported suspension failures that could cause loss of steering control. Potential recalls, repair costs and additional scrutiny pose risks. US auto safety regulator probes Tesla vehicles
• Negative Sentiment: Investors continue to question Tesla’s robotaxi outlook after Elon Musk missed several previously announced timelines. Delays weaken the near-term case for the company’s exceptionally high valuation and increase pressure on the core EV business. Elon Musk has missed his own robotaxi timelines
• Negative Sentiment: Tesla’s latest quarter showed an EPS miss, sharply lower margins and negative cash flow while capital spending on AI and autonomy is rising. The combination of weaker current earnings and heavy investment is making investors less tolerant of execution setbacks. Tesla after a rough quarter

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.

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