Founders Financial Securities LLC Sells 2,079 Shares of Tesla, Inc. $TSLA

Key Points

• Founders Financial Securities LLC cut its Tesla position by 12.8% in the first quarter, selling 2,079 shares and leaving it with 14,197 shares valued at about $4.91 million.
• Tesla reported better-than-expected earnings of $0.41 per share for the quarter, though revenue of $22.39 billion came in slightly below analyst estimates. Revenue still rose 15.8% year over year.
• Investor sentiment remains mixed: Tesla is getting attention for AI-related opportunities like its “Megapod” trademark and Semi momentum, but a new federal probe into a fatal Texas crash involving Autopilot adds safety and reputational risk.

Founders Financial Securities LLC lowered its stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 12.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,197 shares of the electric vehicle producer's stock after selling 2,079 shares during the period. Founders Financial Securities LLC's holdings in Tesla were worth $4,907,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. PFS Partners LLC raised its position in shares of Tesla by 4.2% in the fourth quarter. PFS Partners LLC now owns 590 shares of the electric vehicle producer's stock valued at $265,000 after purchasing an additional 24 shares during the period. Boltwood Capital Management grew its stake in Tesla by 1.2% in the 4th quarter. Boltwood Capital Management now owns 2,120 shares of the electric vehicle producer's stock valued at $953,000 after buying an additional 25 shares during the last quarter. Woodmont Investment Counsel LLC grew its stake in Tesla by 1.2% in the 4th quarter. Woodmont Investment Counsel LLC now owns 2,124 shares of the electric vehicle producer's stock valued at $955,000 after buying an additional 25 shares during the last quarter. Aspect Partners LLC raised its holdings in Tesla by 12.5% in the 4th quarter. Aspect Partners LLC now owns 225 shares of the electric vehicle producer's stock worth $101,000 after acquiring an additional 25 shares during the period. Finally, Human Investing LLC lifted its position in Tesla by 4.5% during the 4th quarter. Human Investing LLC now owns 578 shares of the electric vehicle producer's stock worth $260,000 after acquiring an additional 25 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company's stock.

Tesla Price Performance

Shares of TSLA stock opened at $405.05 on Tuesday. The stock has a 50 day moving average of $404.52 and a two-hundred day moving average of $414.98. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 12 month low of $288.77 and a 12 month high of $498.83. The company has a market capitalization of $1.52 trillion, a P/E ratio of 371.61, a P/E/G ratio of 16.01 and a beta of 1.80.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping the consensus estimate 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%.Tesla's revenue for the quarter was up 15.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.27 EPS. As a group, equities analysts expect that Tesla, Inc. will post 1.19 EPS for the current year.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s new “Megapod” trademark filing is being viewed as a possible move into AI data-center hardware, reinforcing the bull case that TSLA could benefit from high-growth AI infrastructure opportunities. Tesla Shares Surge After Megapod Trademark Filing
• Positive Sentiment: Reports that Tesla’s Semi is generating strong interest and showing encouraging results suggest another potential growth avenue outside the core passenger EV business. A Little Good News for Tesla's Big Forgotten Product
• Neutral Sentiment: Analyst commentary today was mixed: Jefferies kept a Hold/Neutral view and raised its price target, signaling Tesla still has supporters but also limited near-term upside at current levels. Jefferies adjusts price target on Tesla
• Neutral Sentiment: Broader market coverage noted Tesla was outperforming a weak market as investors looked past the SpaceX pullback and stayed focused on Tesla’s long-term AI narrative. Why Tesla stock is beating the broader market today
• Negative Sentiment: Federal regulators opened a new investigation into a fatal Texas crash involving a Tesla Model 3, after the driver said Autopilot was active; that raises fresh safety, legal, and reputational risks for TSLA’s self-driving business. Tesla faces federal probe after Model 3 slams into Texas home
• Negative Sentiment: Additional coverage of the crash and the related federal probe keeps pressure on Tesla’s Autopilot/FSD credibility and could weigh on sentiment if the investigation expands. Tesla pushes back on Autopilot narrative after fatal Texas crash

Analyst Upgrades and Downgrades

TSLA has been the subject of a number of recent analyst reports. TD Cowen restated a "buy" rating and set a $490.00 price target on shares of Tesla in a report on Thursday, June 4th. Zacks Research upgraded Tesla from a "strong sell" rating to a "hold" rating in a research note on Tuesday, April 28th. Erste Group Bank raised Tesla from a "sell" rating to a "hold" rating in a research report on Friday, June 5th. Glj Research restated a "sell" rating on shares of Tesla in a research note on Friday, June 12th. Finally, Oppenheimer reaffirmed a "market perform" rating on shares of Tesla in a report on Thursday, June 11th. Twenty-one research analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $405.06.

Insider Buying and Selling at Tesla

In other Tesla news, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the sale, the director owned 48,399 shares in the company, 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 filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the business's stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the completion of the sale, the chief financial officer directly owned 18,106 shares in the company, valued at $8,147,700. This trade represents a 14.21% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 valued at $21,657,588. 19.90% of the stock is owned by company insiders.

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.