NBH Bank Purchases Shares of 3,277 Tesla, Inc. $TSLA

Key Points

• NBH Bank purchased 3,277 Tesla shares during the second quarter, establishing a new position valued at approximately $1.38 million.
• Institutional investors and hedge funds own 66.2% of Tesla, with major firms including Geode Capital, Amundi and Corient increasing their holdings. Tesla CFO Vaibhav Taneja sold 2,606 shares for about $938,499 to cover tax-withholding obligations.
• Analysts collectively rate Tesla “Hold”, with a consensus price target of $414.68; the company recently missed quarterly EPS estimates despite reporting 25.5% year-over-year revenue growth.

NBH Bank purchased a new position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,277 shares of the electric vehicle producer's stock, valued at approximately $1,378,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Geode Capital Management LLC raised its position in shares of Tesla by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 65,700,975 shares of the electric vehicle producer's stock worth $29,426,070,000 after acquiring an additional 375,946 shares in the last quarter. Norges Bank acquired a new position in Tesla in the fourth quarter valued at approximately $17,128,100,000. Amundi increased its stake in Tesla by 14.0% in the first quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer's stock valued at $8,243,513,000 after purchasing an additional 2,727,141 shares during the last quarter. Corient Private Wealth LLC increased its stake in Tesla by 3,205.5% in the fourth quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer's stock valued at $9,650,811,000 after purchasing an additional 20,810,386 shares during the last quarter. Finally, Legal & General Group Plc acquired a new stake in Tesla during the second quarter worth approximately $8,535,612,000. 66.20% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the business's stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total transaction of $938,498.78. Following the transaction, the chief financial officer directly owned 25,972 shares in the company, valued at $9,353,296.36. The trade was a 9.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is currently owned by insiders.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is reportedly preparing to enter Vietnam through a newly registered subsidiary authorized to import, distribute and sell vehicles. The move opens a potential growth market in Southeast Asia. Tesla sets up Vietnam unit, registration filing shows
• Positive Sentiment: Tesla has regained approximately 52% of the U.S. EV market through August as Ford, GM and other traditional automakers scale back their electric-vehicle efforts. However, Tesla’s own sales reportedly remain lower year over year, limiting the significance of the share gain. Tesla Is Reclaiming the U.S. EV Market as Legacy Automakers Retreat
• Positive Sentiment: CEO Elon Musk says Tesla could ship as many as one million Optimus humanoid robots in 2027. Repeat orders from Tesla for Virtuix’s Omni One Enterprise systems, used in the Optimus program, provide some evidence of ongoing development, although revenue estimates remain highly speculative. Elon Musk Says Optimus Will Ship to Customers in 2027
• Positive Sentiment: Tesla confirmed an October 1 unveiling for its long-delayed next-generation Roadster, potentially featuring SpaceX-related thruster technology. The event could renew attention around Tesla’s product pipeline, but investors may want production timing rather than another prototype demonstration. Tesla Roadster reveal date
• Neutral Sentiment: A software update will allow supervised FSD to intervene and steer when an imminent collision is detected, even if the driver has not enabled full self-driving. The feature could improve safety, but expanded vehicle intervention may also increase regulatory and liability scrutiny. Tesla active safety software update
• Negative Sentiment: Musk endorsed Anthropic CEO Dario Amodei’s call for caution or a slowdown in AI development. Investors viewed the comments as complicating Tesla’s narrative that AI, autonomy and robotics will drive substantial future value. Tesla Stock Drops as Musk Adds to the Chorus of AI Concern
• Negative Sentiment: Reports and commentary raised concerns about Cybercab execution, intensifying competition in China, Tesla’s declining quarterly deliveries and alleged lack of transparency surrounding a fatal Arizona crash involving automated-driving technology. These issues add to regulatory, reputational and commercialization risks. Tesla Cybercab analysis

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on TSLA shares. Glj Research restated a "sell" rating on shares of Tesla in a report on Friday, September 4th. Oppenheimer reiterated a "market perform" rating on shares of Tesla in a research note on Thursday, July 23rd. Barclays boosted their price target on shares of Tesla from $360.00 to $370.00 and gave the company an "equal weight" rating in a research report on Tuesday, July 14th. BTIG Research lowered Tesla to a "neutral" rating in a report on Friday, June 5th. Finally, The Goldman Sachs Group started coverage on Tesla in a research report on Friday, June 5th. They set a "buy" rating on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, eighteen have assigned a Hold rating and five have assigned a Sell rating to the company's stock. According to data from MarketBeat, Tesla presently has an average rating of "Hold" and a consensus target price of $414.68.

Tesla Stock Performance

NASDAQ:TSLA opened at $358.97 on Tuesday. The firm's fifty day moving average price is $352.49 and its 200 day moving average price is $380.90. Tesla, Inc. has a 1-year low of $297.38 and a 1-year high of $498.83. 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 firm has a market cap of $1.42 trillion, a price-to-earnings ratio of 332.38, a price-to-earnings-growth ratio of 18.45 and a beta of 1.84.

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

Tesla Profile

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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