Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD Makes New $7.68 Million Investment in Tesla, Inc. $TSLA

Key Points

• Kranot Hishtalmut Le Morim Tichoniim purchased 18,260 Tesla shares worth approximately $7.68 million during the second quarter. Institutional investors collectively own 66.20% of Tesla.
• Tesla’s CFO Vaibhav Taneja sold 2,606 shares for about $938,499 to cover tax withholding obligations related to vested equity awards.
• Tesla reported quarterly revenue of $28.24 billion, up 25.5% year over year, but earnings per share of $0.33 missed analysts’ $0.50 estimate. MarketBeat’s analyst consensus remains “Hold,” with an average price target of $412.25.

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD bought a new stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 18,260 shares of the electric vehicle producer's stock, valued at approximately $7,680,000.

A number of other institutional investors and hedge funds have also modified their holdings of TSLA. Baird Financial Group Inc. increased its stake in shares of Tesla by 1.8% in the 2nd quarter. Baird Financial Group Inc. now owns 322,476 shares of the electric vehicle producer's stock valued at $135,633,000 after acquiring an additional 5,678 shares during the last quarter. Sterling Investment Advisors Ltd. boosted its stake in Tesla by 1.3% during the 2nd quarter. Sterling Investment Advisors Ltd. now owns 11,141 shares of the electric vehicle producer's stock worth $4,686,000 after acquiring an additional 138 shares during the last quarter. XY Planning Network Inc. grew its holdings in Tesla by 83.7% during the second quarter. XY Planning Network Inc. now owns 1,670 shares of the electric vehicle producer's stock valued at $702,000 after purchasing an additional 761 shares during the period. Mraz Amerine & Associates Inc. increased its stake in Tesla by 32.9% in the second quarter. Mraz Amerine & Associates Inc. now owns 1,027 shares of the electric vehicle producer's stock valued at $432,000 after purchasing an additional 254 shares in the last quarter. Finally, Arizona State Retirement System raised its holdings in Tesla by 0.8% in the second quarter. Arizona State Retirement System now owns 780,920 shares of the electric vehicle producer's stock worth $328,455,000 after purchasing an additional 6,387 shares during the period. 66.20% of the stock is owned by institutional investors.

Insider Buying and Selling at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total transaction of $938,498.78. Following the completion of the transaction, the chief financial officer directly owned 25,972 shares in the company, valued at approximately $9,353,296.36. This trade represents a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by corporate insiders.

Tesla Trading Up 0.4%

TSLA opened at $358.08 on Thursday. The stock has a market capitalization of $1.41 trillion, a P/E ratio of 331.56, a P/E/G ratio of 18.66 and a beta of 1.84. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 12 month low of $297.38 and a 12 month high of $498.83. The firm's fifty day simple moving average is $350.84 and its 200 day simple moving average is $380.12.

Tesla (NASDAQ:TSLA - Get Free Report) last released its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (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 the consensus estimate of $26.42 billion. During the same quarter last year, the company posted $0.33 EPS. Tesla's revenue for the quarter was up 25.5% on a year-over-year basis. As a group, research analysts anticipate that Tesla, Inc. will post 0.85 EPS for the current fiscal year.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla registered a Vietnamese sales subsidiary, giving it a formal foothold in a growing electric-vehicle market dominated by VinFast. The move expands Tesla’s addressable market, although near-term revenue is likely to be limited. Tesla Vietnam expansion
• Positive Sentiment: Investor attention is building ahead of the October 1 Roadster reveal. CEO Elon Musk says the demonstration will exceed expectations and could showcase advanced technology, creating a potential near-term catalyst—provided Tesla delivers a production-ready vehicle rather than another concept. Tesla Roadster reveal
• Positive Sentiment: Long-time Tesla investor Ron Baron reiterated that he believes the stock is undervalued, citing expected growth in Full Self-Driving and other businesses. His comments may reinforce bullish sentiment, though they are not new company fundamentals. Ron Baron Tesla outlook
• Positive Sentiment: Samsung has begun trial production of Tesla’s AI5 processor under a reported $16.5 billion foundry agreement. Successful yield testing and future supply could strengthen Tesla’s AI-computing ambitions. Samsung Tesla AI5 production

Analyst Ratings Changes

Several equities analysts have recently issued reports on TSLA shares. Morgan Stanley reissued a "reduce" rating on shares of Tesla in a report on Monday. Erste Group Bank upgraded Tesla from a "sell" rating to a "hold" rating in a report on Friday, June 5th. Canaccord Genuity Group set a $410.00 target price on Tesla and gave the company a "buy" rating in a research note on Thursday, July 23rd. Oppenheimer reaffirmed a "market perform" rating on shares of Tesla in a research report on Thursday, July 23rd. Finally, Deutsche Bank Aktiengesellschaft set a $420.00 price objective on Tesla in a report on Monday, July 27th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, nineteen have assigned a Hold rating and five have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $412.25.

About Tesla

Tesla, Inc is an American technology and automotive company that designs, develops, manufactures and sells electric vehicles and related energy products. Its vehicle lineup has included the Model S, Model 3, Model X, Model Y and Cybertruck, along with commercial and specialty products such as the Tesla Semi.

The company also develops energy-generation and storage products, including solar panels, solar roofing systems and battery storage solutions for residential, commercial and utility customers.

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