Heck Capital Advisors LLC Increases Position in Tesla, Inc. $TSLA

Key Points

• Heck Capital Advisors increased its Tesla stake by 295.5% in the second quarter, owning 20,564 shares worth approximately $8.65 million. Institutional investors collectively hold 66.2% of Tesla’s outstanding stock.
• Tesla reported quarterly revenue of $28.24 billion, up 25.5% year over year, but earnings per share of $0.33 missed analyst expectations of $0.50. CFO Vaibhav Taneja also sold shares to cover tax obligations tied to vested equity awards.
• Analyst sentiment remains mixed, with Tesla carrying an average “Hold” rating and a $401.74 price target, while its valuation remains elevated at roughly 308 times earnings amid concerns about margins, China demand, Robotaxi execution and vehicle recalls.

Heck Capital Advisors LLC lifted its stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 295.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,564 shares of the electric vehicle producer's stock after acquiring an additional 15,364 shares during the period. Heck Capital Advisors LLC's holdings in Tesla were worth $8,649,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Taylor & Morgan Wealth Management LLC grew its stake in Tesla by 2.8% in the second quarter. Taylor & Morgan Wealth Management LLC now owns 1,375 shares of the electric vehicle producer's stock valued at $578,000 after purchasing an additional 37 shares during the last quarter. Tema ETFs LLC lifted its position in shares of Tesla by 10.4% during the second quarter. Tema ETFs LLC now owns 33,941 shares of the electric vehicle producer's stock valued at $14,276,000 after buying an additional 3,190 shares during the last quarter. Peirce Capital Management LLC boosted its holdings in shares of Tesla by 1.5% in the 2nd quarter. Peirce Capital Management LLC now owns 1,657 shares of the electric vehicle producer's stock valued at $697,000 after buying an additional 25 shares in the last quarter. Dagco Inc. grew its position in shares of Tesla by 4.6% in the 2nd quarter. Dagco Inc. now owns 1,442 shares of the electric vehicle producer's stock worth $606,000 after buying an additional 63 shares during the last quarter. Finally, West Branch Capital LLC grew its position in shares of Tesla by 2.5% in the 2nd quarter. West Branch Capital LLC now owns 12,299 shares of the electric vehicle producer's stock worth $5,173,000 after buying an additional 298 shares during the last quarter. Institutional investors own 66.20% of the company's stock.

Insiders Place Their Bets

In other news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $402.20, for a total value of $1,048,133.20. Following the transaction, the chief financial officer directly owned 22,039 shares of the company's stock, valued at approximately $8,864,085.80. This represents a 10.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 19.90% of the company's stock.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Retail investors reportedly returned to Tesla, while enthusiasm surrounding humanoid robotics and physical-AI stocks supported the broader investment narrative around Tesla’s Optimus and Robotaxi ambitions. Tesla Stock Is on a Roll as Retail Traders Buy In
• Positive Sentiment: Tesla and SpaceX’s planned $16.8 billion Terafab semiconductor project in Texas reinforced expectations that Tesla is building infrastructure for AI, autonomy and robotics. The scale of the investment is substantial, however, relative to Tesla’s roughly $3.8 billion trailing annual profit. Tesla and SpaceX Committed $16.8 Billion to One Chip Plant
• Positive Sentiment: New technology catalysts included built-in SpaceX Starlink connectivity for Cybercab robotaxis and the emergence of an FSD v14.1 Lite version. Tesla’s design chief also said the next-generation Roadster reveal is coming soon. Tesla Built a Starlink Internet Dish Into Its Cybercab Robotaxi
• Positive Sentiment: Energy storage provided an additional growth story: SpaceX reportedly purchased nearly $300 million of Tesla Megapacks for AI data-center infrastructure, highlighting potential demand beyond vehicle sales. Tesla’s Energy Business Just Got a SpaceX Demand Signal
• Neutral Sentiment: Morgan Stanley maintained a Hold rating and a $400 price target, saying Tesla needs measurable Robotaxi scaling, more driverless miles and evidence of attractive unit economics before its premium valuation can be justified. Tesla Physical AI Prospects Balanced by Execution Risks
• Negative Sentiment: Tesla recalled 20,349 U.S. Model 3 and Model Y vehicles because excessively bright low-beam headlights could impair oncoming drivers. Regulators have not finalized a repair plan, adding to existing safety scrutiny. Tesla to Recall Over 20,000 U.S. Vehicles
• Negative Sentiment: China retail sales fell 32% even as the broader battery-EV market grew 6%, signaling competitive and demand pressure in a key market. Robotaxi paid miles also reportedly declined about 36% sequentially in the second quarter. Tesla Retail Sales in China Drop 32%
• Negative Sentiment: The investment case remains highly execution-dependent. Tesla recently missed earnings expectations, operating margins fell to about 1.4%, free cash flow turned negative and capital expenditures are tracking above $25 billion. With a valuation above 300 times earnings, disappointing autonomy or software progress could trigger a sharp re-rating.

Tesla Trading Up 0.6%

NASDAQ TSLA opened at $332.81 on Wednesday. Tesla, Inc. has a 12-month low of $297.38 and a 12-month high of $498.83. The company has a fifty day simple moving average of $375.24 and a two-hundred day simple moving average of $392.14. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. The stock has a market cap of $1.31 trillion, a P/E ratio of 308.16, a P/E/G ratio of 16.71 and a beta of 1.83.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings data on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing analysts' consensus estimates of $0.50 by ($0.17). The company had revenue of $28.24 billion for the quarter, compared to analysts' expectations of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. Tesla's quarterly revenue was up 25.5% compared to the same quarter last year. During the same period last year, the firm earned $0.33 earnings per share. On average, analysts forecast that Tesla, Inc. will post 0.88 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the stock. Cantor Fitzgerald reissued an "overweight" rating and set a $485.00 target price (down from $510.00) on shares of Tesla in a research report on Thursday, July 23rd. Truist Financial set a $370.00 price target on Tesla and gave the stock a "hold" rating in a research report on Thursday, July 23rd. Wedbush reiterated an "outperform" rating and set a $600.00 price objective on shares of Tesla in a report on Tuesday, April 21st. Piper Sandler lowered their price objective on Tesla from $500.00 to $450.00 and set an "overweight" rating for the company in a research report on Friday, July 24th. Finally, Mizuho set a $450.00 target price on Tesla and gave the stock an "outperform" rating in a research note on Thursday, July 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, nineteen have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, Tesla currently has an average rating of "Hold" and an average price target of $401.74.

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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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.

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