Fund Advisors of America Inc FL Invests $877,000 in Tesla, Inc. $TSLA

Key Points

• Fund Advisors of America Inc. FL opened a new Tesla position in the fourth quarter, buying 1,949 shares worth about $877,000.
• Insider selling continued at Tesla, with director Kathleen Wilson-Thompson and CFO Vaibhav Taneja both selling shares; total insider sales reached 57,824 shares worth about $21.7 million over the last 90 days.
• Tesla reported stronger-than-expected quarterly EPS of $0.41 versus estimates of $0.39, though revenue came in slightly below expectations; analysts still currently rate the stock a Hold on average with a consensus price target of $404.37.

Fund Advisors of America Inc FL purchased a new position in Tesla, Inc. (NASDAQ:TSLA - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 1,949 shares of the electric vehicle producer's stock, valued at approximately $877,000.

A number of other hedge funds have also made changes to their positions in TSLA. Networth Advisors LLC acquired a new stake in Tesla in the 4th quarter worth approximately $26,000. Davidson Capital Management Inc. grew its holdings in Tesla by 79.4% during the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock valued at $27,000 after purchasing an additional 27 shares during the last quarter. Turning Point Benefit Group Inc. acquired a new position in Tesla during the third quarter valued at approximately $30,000. Prism Advisors Inc. bought a new position in shares of Tesla in the fourth quarter valued at approximately $30,000. Finally, Texas Capital Bancshares Inc TX acquired a new stake in shares of Tesla in the third quarter worth $31,000. Institutional investors and hedge funds own 66.20% of the company's stock.

Insider Transactions at Tesla

In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla stock in a transaction dated 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 directly owned 48,399 shares in the company, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the company's stock in a transaction dated 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 approximately $8,147,700. The trade was a 14.21% decrease in their position. 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. Insiders have sold a total of 57,824 shares of company stock valued at $21,657,588 over the last ninety days. 19.90% of the stock is owned by insiders.

Tesla Stock Performance

Shares of NASDAQ TSLA opened at $400.49 on Monday. The firm has a market capitalization of $1.50 trillion, a price-to-earnings ratio of 367.42, a PEG ratio of 16.01 and a beta of 1.80. Tesla, Inc. has a one year low of $288.77 and a one year high of $498.83. The business has a fifty day simple moving average of $403.33 and a 200 day simple moving average of $415.15. 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 (NASDAQ:TSLA - Get Free Report) last posted its quarterly 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. The firm had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The business's revenue was up 15.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.27 earnings per share. Sell-side 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: 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

Several analysts recently issued reports on TSLA shares. Tigress Financial initiated coverage on shares of Tesla in a report on Monday, April 27th. They set a "buy" rating for the company. Zacks Research upgraded shares of Tesla from a "strong sell" rating to a "hold" rating in a report on Tuesday, April 28th. Wedbush reissued an "outperform" rating and set a $600.00 target price on shares of Tesla in a research report on Tuesday, April 21st. The Goldman Sachs Group started coverage on shares of Tesla in a report on Friday, June 5th. They set a "buy" rating for the company. Finally, Robert W. Baird dropped their price objective on Tesla from $538.00 to $522.00 and set an "outperform" rating on the stock in a research note on Friday, April 24th. Twenty-one analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Tesla currently has an average rating of "Hold" and a consensus price target 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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