QRG Capital Management Inc. Has $205.10 Million Stake in Tesla, Inc. $TSLA

Key Points

• QRG Capital Management increased its Tesla stake by 8.2% in the second quarter, owning 487,632 shares valued at approximately $205.1 million. Tesla represents about 1.7% of the firm’s portfolio, while institutional investors collectively own 66.2% of the stock.
• Tesla reported quarterly revenue of $28.24 billion, up 25.5% year over year and above estimates, but earnings per share of $0.33 missed the $0.50 consensus forecast. The stock trades at a high valuation of roughly 317 times earnings, with a market capitalization of about $1.35 trillion.
• Analyst sentiment remains mixed: Tesla has a consensus “Hold” rating and an average price target of $401.74, despite some bullish targets and ratings. CFO Vaibhav Taneja also sold shares to cover tax obligations related to vested equity awards.

QRG Capital Management Inc. boosted its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 8.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 487,632 shares of the electric vehicle producer's stock after buying an additional 36,916 shares during the quarter. Tesla accounts for approximately 1.7% of QRG Capital Management Inc.'s investment portfolio, making the stock its 10th largest position. QRG Capital Management Inc.'s holdings in Tesla were worth $205,098,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in TSLA. Davidson Capital Management Inc. raised its position in Tesla by 79.4% in the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock worth $27,000 after purchasing an additional 27 shares during the period. Turning Point Benefit Group Inc. bought a new position in shares of Tesla during the third quarter valued at approximately $30,000. Texas Capital Bancshares Inc TX purchased a new stake in shares of Tesla in the third quarter worth approximately $31,000. Friedenthal Financial lifted its stake in shares of Tesla by 66.7% during the 1st quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer's stock worth $28,000 after acquiring an additional 30 shares during the last quarter. Finally, Key Capital Management INC purchased a new position in Tesla during the 4th quarter valued at $34,000. Institutional investors own 66.20% of the company's stock.

Tesla Stock Up 0.7%

Tesla stock opened at $342.27 on Friday. Tesla, Inc. has a 1-year low of $297.38 and a 1-year high of $498.83. The business has a fifty day moving average price of $370.77 and a 200-day moving average price of $390.17. 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 has a market capitalization of $1.35 trillion, a price-to-earnings ratio of 316.92, a PEG ratio of 17.16 and a beta of 1.83.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its earnings results on Wednesday, July 22nd. 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 business had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. During the same period in the prior year, the company earned $0.33 earnings per share. The company's quarterly revenue was up 25.5% on a year-over-year basis. Equities research analysts forecast that Tesla, Inc. will post 0.88 EPS for the current fiscal year.

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 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 sale, the chief financial officer owned 22,039 shares in the company, valued at approximately $8,864,085.80. The trade was a 10.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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.

Wall Street Analysts Forecast Growth

TSLA has been the subject of several research analyst reports. Wedbush reiterated an "outperform" rating and set a $600.00 target price on shares of Tesla in a research report on Tuesday, April 21st. Glj Research reaffirmed a "sell" rating on shares of Tesla in a research note on Tuesday, July 21st. DZ Bank upgraded shares of Tesla from a "hold" rating to a "strong-buy" rating in a report on Thursday, July 23rd. William Blair reissued a "market perform" rating on shares of Tesla in a research report on Thursday, July 2nd. Finally, HSBC reaffirmed a "hold" rating on shares of Tesla in a research report on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, nineteen have issued a Hold rating and four have given a Sell rating to the company's stock. Based on data from MarketBeat.com, Tesla presently has a consensus rating of "Hold" and an average price target of $401.74.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla reportedly plans to unveil its redesigned next-generation Roadster as early as August, potentially including a brief “flying” demonstration. The long-delayed launch is reviving enthusiasm around Tesla’s product pipeline and helped drive the latest move higher. Tesla to unveil redesigned Roadster
• Positive Sentiment: Tesla’s nearly three-year Swedish labor dispute is ending after the company bought out striking mechanics, removing a persistent operational and reputational overhang, although there was no union agreement. Tesla ends Swedish strike
• Positive Sentiment: TD Cowen reiterated its Buy rating and maintained a $460 price target. Analysts and commentators also point to Tesla’s premium positioning in China, record Shanghai exports and potential growth in robotaxis, Optimus and energy storage. TD Cowen reiterates Buy rating
• Positive Sentiment: Tesla is considering a $10.1 billion Texas solar manufacturing facility and broader domestic solar capacity, potentially strengthening its energy-business strategy and exposure to rising electricity demand. Tesla reveals Texas solar plans
• Neutral Sentiment: Average U.S. EV transaction prices rose 1.6% year over year to $56,126 in July as automakers reduced discounts. Higher pricing could support Tesla’s revenue, but weaker incentives may also pressure industry demand. EV prices are rising again
• Negative Sentiment: Critics continue to argue that Tesla’s valuation—roughly 317 times earnings—assumes strong execution despite margin compression, delayed products and competition from China and Waymo. Recent commentary also highlights the risk that energy investments may require substantial capital before producing returns.
• Negative Sentiment: Reports highlighting Elon Musk’s estimated $158.3 billion compensation package, equivalent to about 2.5 million times median employee pay, could intensify shareholder concerns about governance and pay practices. Tesla owners also face a deadline to claim payments from a California idle-fees settlement, creating a limited legal and reputational overhang. Elon Musk compensation report

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.

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