Invst LLC Takes $1.69 Million Position in Tesla, Inc. $TSLA

Key Points

• Invst LLC bought 4,008 Tesla shares worth approximately $1.69 million during the second quarter, while institutional investors collectively own 66.2% of the company.
• Analyst sentiment is mixed, with Tesla holding a consensus “Hold” rating and an average price target of $401.74; ratings range from Strong Buy to Sell.
• Tesla reported quarterly revenue of $28.24 billion, exceeding estimates, but missed earnings expectations with EPS of $0.33 versus the $0.50 consensus. Investor focus remains on future growth from FSD, robotaxis, Optimus and AI.

Invst LLC purchased a new position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 4,008 shares of the electric vehicle producer's stock, valued at approximately $1,686,000.

Several other institutional investors and hedge funds have also modified their holdings of TSLA. Brighton Jones LLC lifted its holdings in shares of Tesla by 11.8% in the fourth quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer's stock worth $35,509,000 after acquiring an additional 9,293 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Tesla by 21.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer's stock valued at $2,147,000 after purchasing an additional 931 shares in the last quarter. Bison Wealth LLC grew its holdings in shares of Tesla by 52.2% during the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer's stock valued at $4,187,000 after purchasing an additional 3,558 shares during the last quarter. Sivia Capital Partners LLC increased its position in Tesla by 9.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer's stock worth $3,855,000 after purchasing an additional 1,011 shares in the last quarter. Finally, AGP Franklin LLC increased its position in Tesla by 21.2% during the 2nd quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer's stock worth $1,544,000 after purchasing an additional 851 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on TSLA shares. Glj Research restated a "sell" rating on shares of Tesla in a research report on Friday. Phillip Securities lowered their price target on shares of Tesla from $220.00 to $215.00 and set a "sell" rating for the company in a report on Wednesday, May 13th. Guggenheim assumed coverage on Tesla in a research note on Monday, June 29th. They issued a "neutral" rating for the company. TD Cowen reissued a "buy" rating on shares of Tesla in a report on Friday, August 14th. Finally, Deutsche Bank Aktiengesellschaft set a $420.00 price objective on Tesla in a research report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, eighteen have issued a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat, Tesla currently has an average rating of "Hold" and a consensus price target of $401.74.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: European FSD expansion: Tesla’s supervised Full Self-Driving system received a regulatory green light in Slovenia, potentially supporting wider European deployment and additional high-margin software revenue. Tesla also cited safety data showing 4.1 times fewer collisions than manually driven Teslas in five European markets. Tesla FSD Supervised Gets Regulatory Green Light in Slovenia
• Positive Sentiment: Robotaxi opportunity: Tesla has begun limited paid Cybercab rides in Austin. Goldman Sachs believes the purpose-built vehicle could have a cost advantage in robotaxis, while Cathie Wood and other Tesla bulls continue to view autonomy, Optimus and AI as major long-term growth opportunities. Cybercab Could Transform Tesla, But Regulatory Risks Loom
• Positive Sentiment: AI ecosystem narrative: Investor interest remains focused on Tesla’s integration of FSD, Grok and the Optimus humanoid robot, as well as its indirect exposure to SpaceX. Supporters argue these businesses could eventually justify Tesla’s premium valuation. Cathie Wood Has Stuck With Tesla Through Repeated Missed Robotaxi Deadlines

Tesla Price Performance

TSLA stock opened at $354.08 on Tuesday. The company has a market capitalization of $1.40 trillion, a P/E ratio of 327.85, a PEG ratio of 17.88 and a beta of 1.84. The company has a fifty day moving average price of $357.06 and a 200-day moving average price of $382.45. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94. Tesla, Inc. has a 52-week low of $297.38 and a 52-week high of $498.83.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.50 by ($0.17). The business had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.The business's revenue for the quarter was up 25.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.33 EPS. As a group, equities analysts expect that Tesla, Inc. will post 0.88 EPS for the current year.

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.

Want to see what other hedge funds are holding TSLA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tesla, Inc. (NASDAQ:TSLA - Free Report).

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.