Green Ridge Wealth Planning LLC Makes New $2.10 Million Investment in Tesla, Inc. $TSLA

Key Points

• Green Ridge Wealth Planning LLC opened a new position in Tesla in the fourth quarter, buying 4,678 shares worth about $2.1 million. Tesla now represents 1.1% of the firm’s holdings and its 24th largest position.
• Institutional interest in Tesla remains broad, with the article noting that 66.2% of the stock is owned by institutional investors. Several other funds also added or initiated small stakes in the company.
• Analyst sentiment is mixed but still leaning constructive: multiple firms reiterated or initiated buy/outperform ratings, while the overall consensus remains Hold with an average price target of $404.37.

Green Ridge Wealth Planning LLC purchased a new position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,678 shares of the electric vehicle producer's stock, valued at approximately $2,104,000. Tesla makes up 1.1% of Green Ridge Wealth Planning LLC's holdings, making the stock its 24th largest holding.

Other large investors also recently modified their holdings of the company. Networth Advisors LLC acquired a new position in Tesla in the 4th quarter worth about $26,000. Chapman Financial Group LLC bought a new position in Tesla in the second quarter valued at about $26,000. Davidson Capital Management Inc. boosted its stake in shares of 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 in the last quarter. Prism Advisors Inc. bought a new stake in shares of Tesla during the fourth quarter worth about $30,000. Finally, Turning Point Benefit Group Inc. bought a new stake in shares of Tesla during the third quarter worth about $30,000. 66.20% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft started coverage on shares of Tesla in a report on Friday, June 5th. They issued a "buy" rating for the company. Wedbush reissued an "outperform" rating and set a $600.00 target price on shares of Tesla in a report on Tuesday, April 21st. TD Cowen restated a "buy" rating and issued a $490.00 price target on shares of Tesla in a research report on Thursday, June 4th. The Goldman Sachs Group began coverage on shares of Tesla in a research note on Friday, June 5th. They set a "buy" rating for the company. Finally, Citigroup reiterated a "neutral" rating on shares of Tesla in a report on Tuesday, June 16th. Twenty-one analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $404.37.

Tesla Price Performance

Tesla stock opened at $400.49 on Monday. The stock's 50 day moving average is $403.33 and its 200 day moving average is $415.15. Tesla, Inc. has a one year low of $288.77 and a one year high of $498.83. The firm has a market cap of $1.50 trillion, a P/E ratio of 367.42, a P/E/G ratio of 16.01 and a beta of 1.80. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62.

Tesla (NASDAQ:TSLA - Get Free Report) last released its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The business had revenue of $22.39 billion during the quarter, compared to the consensus estimate of $22.96 billion. During the same quarter in the prior year, the firm posted $0.27 EPS. The company's revenue for the quarter was up 15.8% compared to the same quarter last year. As a group, research analysts expect that Tesla, Inc. will post 1.19 EPS for the current year.

More Tesla News

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.

Insiders Place Their Bets

In related news, CFO Vaibhav Taneja sold 2,606 shares of the business's stock in a transaction on Monday, June 8th. The shares were sold at an average price of $402.20, for a total value of $1,048,133.20. Following the transaction, the chief financial officer owned 22,039 shares in the company, valued at $8,864,085.80. The trade was a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 company's 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 directly owned 48,399 shares in the company, valued at $18,300,145.89. This trade represents a 35.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 57,824 shares of company stock worth $21,657,588. Insiders own 19.90% of the company's stock.

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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