Ieq Capital LLC Invests $173.99 Million in Tesla, Inc. $TSLA

Key Points

• Ieq Capital LLC acquired 413,671 Tesla shares worth approximately $173.99 million in the second quarter, making Tesla 0.8% of its portfolio and its 17th-largest holding. Institutional investors collectively own 66.2% of Tesla.
• Tesla shares opened at $376.36, with a market capitalization of roughly $1.49 trillion and a very high P/E ratio of 348.48. The company’s latest revenue rose 25.5% year over year to $28.24 billion, but adjusted EPS of $0.33 missed the $0.50 analyst consensus.
• Analyst sentiment is mixed: Tesla has an overall “Hold” rating and a consensus price target of $401.74, with recent target cuts from Piper Sandler and JPMorgan. Investors continue to weigh the potential of Tesla’s Cybercab and autonomous-driving strategy against competition, safety concerns, weaker automotive trends and elevated valuation risk.

Ieq Capital LLC bought a new position in Tesla, Inc. (NASDAQ:TSLA - Free Report) in the second quarter, according to its most recent filing with the SEC. The firm bought 413,671 shares of the electric vehicle producer's stock, valued at approximately $173,990,000. Tesla makes up 0.8% of Ieq Capital LLC's investment portfolio, making the stock its 17th largest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in TSLA. Sterling Financial Planning Inc. acquired a new position in shares of Tesla in the 2nd quarter valued at $289,000. Burnham & Co LLC acquired a new stake in Tesla during the 2nd quarter worth about $904,000. Callan Family Office LLC purchased a new stake in Tesla in the second quarter valued at approximately $41,016,000. Gambit Capital Management LLC acquired a new stake in Tesla during the 2nd quarter valued at approximately $638,000. Finally, Fund Advisors of America Inc FL purchased a new stake in Tesla in the second quarter valued at $628,000. Hedge funds and other institutional investors own 66.20% of the company's stock.

Insider Buying and Selling

In other news, CFO Vaibhav Taneja sold 2,606 shares of the firm's stock in a transaction on Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the completion of the transaction, the chief financial officer directly owned 22,039 shares in the company, valued at $8,864,085.80. This trade represents a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on TSLA shares. Roth Capital reiterated a "buy" rating and set a $505.00 price target on shares of Tesla in a research report on Thursday, July 23rd. Piper Sandler reduced their price target on Tesla from $500.00 to $450.00 and set an "overweight" rating for the company in a report on Friday, July 24th. BTIG Research downgraded Tesla to a "neutral" rating in a research report on Friday, June 5th. JPMorgan Chase & Co. cut their price objective on Tesla from $475.00 to $445.00 and set a "neutral" rating for the company in a research report on Thursday, July 23rd. Finally, Deutsche Bank Aktiengesellschaft set a $420.00 target price on Tesla in a research note on Monday, July 27th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eighteen have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, Tesla has an average rating of "Hold" and a consensus target price of $401.74.

Tesla Trading Up 5.4%

Shares of Tesla stock opened at $376.36 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. The stock's 50 day simple moving average is $358.73 and its 200-day simple moving average is $383.30. The stock has a market cap of $1.49 trillion, a P/E ratio of 348.48, a P/E/G ratio of 18.02 and a beta of 1.84. Tesla, Inc. has a 1-year low of $297.38 and a 1-year high of $498.83.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its earnings results on Thursday, July 23rd. 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 firm had revenue of $28.24 billion for the quarter, compared to analysts' expectations of $26.42 billion. During the same period last year, the firm earned $0.33 earnings per share. Tesla's revenue for the quarter was up 25.5% on a year-over-year basis. Analysts predict that Tesla, Inc. will post 0.88 EPS for the current fiscal year.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Cybercab service expanded in Austin. Tesla has begun offering driverless rides in its purpose-built, two-seat Cybercab, which reportedly has no steering wheel or pedals. The launch provides a tangible demonstration of Elon Musk’s autonomy strategy and could support a future robotaxi network. Tesla Cybercabs Hit Austin Streets in Expansion of Robotaxi Service
• Positive Sentiment: Commercial ecosystem is beginning to form. Tesla is soliciting businesses interested in purchasing Cybercab fleets or supplying charging and other infrastructure, suggesting ambitions beyond operating a small pilot fleet. Tesla is asking people if they want to buy and run Cybercab fleets
• Positive Sentiment: Potential regulatory progress and product support. France has started testing Tesla’s Full Self-Driving technology, while the Model Y L reportedly received a better-than-expected EPA range rating. These developments could improve Tesla’s autonomy credibility and vehicle appeal. France starts tests on Tesla's self-driving tech
• Neutral Sentiment: The launch remains largely a promise until Tesla demonstrates scale. The Austin event was private and details on production volumes, pricing, operating economics and broad availability remain limited. Morgan Stanley has warned that a small initial fleet could disappoint investors.
• Negative Sentiment: Competition, safety and valuation risks remain substantial. Waymo is ahead in U.S. robotaxi operations, while Tesla’s FSD faces renewed scrutiny after a reported fatal Illinois crash. At roughly $1.49 trillion in market value and a very high earnings multiple, TSLA requires strong autonomous-vehicle execution to justify its valuation. Tesla keeps hyping robotaxis as its future
• Negative Sentiment: Core automotive and energy concerns persist. European sales were mixed, China sales growth slowed, Cybertruck demand has disappointed, and Tesla reportedly stopped taking Solar Roof orders. These issues reinforce investor concerns that the autonomy narrative is compensating for weaker established businesses.

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.

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