Maia Wealth LLC Purchases 1,747 Shares of Tesla, Inc. $TSLA

Key Points

• Maia Wealth LLC increased its Tesla position by 18.5% in the third quarter, adding 1,747 shares to hold 11,215 shares valued at approximately $3.98 million.
• Institutional investors own 66.2% of Tesla, with several major firms establishing multibillion-dollar positions during the second quarter.
• Analyst views remain mixed: Tesla has an average “Hold” rating and an average price target of $415.07, while CFO Vaibhav Taneja sold 2,606 shares to cover tax withholding obligations.

Maia Wealth LLC lifted its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 18.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,215 shares of the electric vehicle producer's stock after buying an additional 1,747 shares during the period. Maia Wealth LLC's holdings in Tesla were worth $3,979,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Legal & General Group Plc bought a new stake in Tesla in the 2nd quarter valued at approximately $8,535,612,000. Bank of New York Mellon Corp acquired a new position in Tesla during the 2nd quarter worth approximately $6,083,630,000. Deutsche Bank AG acquired a new position in Tesla during the 2nd quarter worth approximately $4,039,090,000. Canada Pension Plan Investment Board acquired a new position in Tesla during the 2nd quarter worth approximately $3,144,509,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in shares of Tesla during the 2nd quarter worth approximately $2,995,584,000. 66.20% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

TSLA has been the topic of a number of recent research reports. UBS Group reiterated a "buy" rating and issued a $391.00 price objective (up from $385.00) on shares of Tesla in a report on Wednesday, October 7th. BMO Capital Markets started coverage on shares of Tesla in a research report on Monday, August 17th. They issued an "outperform" rating on the stock. Tigress Financial restated a "buy" rating and set a $550.00 target price on shares of Tesla in a report on Thursday, October 8th. William Blair reaffirmed a "market perform" rating on shares of Tesla in a research report on Thursday, July 2nd. Finally, Roth Capital reaffirmed a "buy" rating and issued a $505.00 target price on shares of Tesla in a research report on Thursday, July 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, sixteen have given a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, Tesla has an average rating of "Hold" and an average target price of $415.07.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the completion of the sale, the chief financial officer owned 25,972 shares of the company's stock, valued at approximately $9,353,296.36. This represents a 9.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed 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: Roadster enthusiasm and SpaceX speculation supported sentiment. Tesla’s thruster-powered Roadster demonstration, along with Elon Musk’s claims about future autonomy and “sentience,” generated investor interest. Commentary also revived speculation that SpaceX could acquire or merge with Tesla, although analysts stressed that such a transaction would be complex and remains unconfirmed. Tesla's Roadster Reveal Hints at 2 Much Bigger Moves
• Positive Sentiment: Florida policy comments added to the Roadster catalyst. Florida Governor Ron DeSantis said he would work to make the flying Roadster legal in the state, helping Tesla outperform smaller EV peers. The commercial opportunity remains highly uncertain because Tesla has not established pricing, production scale or regulatory approval. Tesla Rises as DeSantis Vows to Make Flying Roadster Legal in Florida
• Positive Sentiment: Shareholders will vote on board continuity. Tesla asked investors to re-elect Musk, Chair Robyn Denholm and JB Straubel at the December annual meeting. The proposal maintains the current leadership structure, which may reassure supporters of Tesla’s AI, robotaxi and robotics strategy. Tesla Asks Shareholders to Re-elect Musk, Denholm and Straubel
• Neutral Sentiment: Q3 earnings are the immediate trading event. Tesla reports after Wednesday’s close. Estimates generally call for about $27.8 billion-$27.9 billion in revenue and roughly $0.43-$0.44 in adjusted EPS, below the prior-year EPS figure. Options markets imply a potentially large post-earnings move, making margin commentary, deliveries, FSD monetization and capital spending particularly important. How Much Tesla Stock Is Expected to Move After Earnings
• Negative Sentiment: Profitability and valuation remain major risks. Analysts expect earnings to decline, with gross-margin pressure and substantial spending on AI, chips, Optimus and robotaxis potentially limiting near-term profits. At a very elevated valuation, Tesla may need to materially exceed expectations to sustain the rebound. Tesla's Biggest Earnings Risk May Be Its Bullish Sentiment
• Positive Sentiment: A federal appeals court decision reduced legal overhang. A Ninth Circuit ruling decertified a class action involving Tesla’s self-driving claims, a potentially favorable development for litigation risk, although it does not eliminate all legal or regulatory exposure. US Appeals Court Overturns Class Action Lawsuit Over Tesla Self-Driving Claims

Tesla Stock Performance

Shares of NASDAQ TSLA opened at $368.06 on Tuesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.55 and a current ratio of 1.94. The stock has a 50 day moving average price of $360.72 and a 200 day moving average price of $377.03. The stock has a market capitalization of $1.45 trillion, a PE ratio of 340.80, a price-to-earnings-growth ratio of 22.59 and a beta of 1.92. 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 posted its quarterly earnings results on Thursday, July 23rd. 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 during the quarter, compared to the consensus estimate of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. The firm's revenue for the quarter was up 25.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.33 earnings per share. Analysts predict that Tesla, Inc. will post 0.71 earnings per share for the current fiscal year.

Tesla Company Profile

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.

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