Ritholtz Wealth Management Purchases 5,450 Shares of Tesla, Inc. $TSLA

Key Points

• Ritholtz Wealth Management raised its Tesla stake by 10.2%, buying 5,450 shares to hold 59,116 shares worth about $26.586 million, and institutional investors now own roughly 66.2% of TSLA.
• Tesla beat EPS expectations ($0.50 vs. $0.45) and revenue modestly topped estimates at $24.90 billion, but revenue was down 3.1% year‑over‑year and recent delivery/production misses and a China retail decline are pressuring sentiment ahead of the next earnings catalyst (Q1 results on April 22); regulatory wins in the Netherlands and a surge in German registrations are offsetting positives.
• Insiders have been net sellers (25,809 shares sold by a director, 2,264 by the CFO, and 53,804 shares sold in the last 90 days worth ~$20.9M), while analysts remain mixed with a consensus "Hold" and a $400.01 target.

Ritholtz Wealth Management boosted its position in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 10.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 59,116 shares of the electric vehicle producer's stock after acquiring an additional 5,450 shares during the period. Ritholtz Wealth Management's holdings in Tesla were worth $26,586,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in TSLA. Brighton Jones LLC raised its stake in Tesla by 11.8% in the 4th quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer's stock valued at $35,509,000 after acquiring an additional 9,293 shares during the period. Revolve Wealth Partners LLC raised its stake in 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 acquiring an additional 931 shares during the period. Bison Wealth LLC raised its stake in Tesla by 52.2% in the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer's stock valued at $4,187,000 after acquiring an additional 3,558 shares during the period. Sivia Capital Partners LLC raised its stake in Tesla by 9.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer's stock valued at $3,855,000 after acquiring an additional 1,011 shares during the period. Finally, AGP Franklin LLC raised its stake in Tesla by 21.2% in the 2nd quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer's stock valued at $1,544,000 after acquiring an additional 851 shares during the period. 66.20% of the stock is currently owned by institutional investors.

Tesla Trading Up 0.9%

Shares of Tesla stock opened at $348.79 on Friday. Tesla, Inc. has a 12-month low of $222.79 and a 12-month high of $498.83. The company has a market cap of $1.31 trillion, a price-to-earnings ratio of 322.95, a PEG ratio of 10.54 and a beta of 1.91. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08. The company's 50-day moving average price is $392.91 and its 200-day moving average price is $424.81.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.05. The firm had revenue of $24.90 billion for the quarter, compared to the consensus estimate of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The company's revenue for the quarter was down 3.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.73 earnings per share. On average, equities analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Dutch regulators approved Tesla’s driver‑assistance system for supervised use on highways and city streets in the Netherlands — a first regulatory sign‑off in Europe that supports Tesla’s autonomy narrative and EU expansion plans. Tesla's self-driving software gets Dutch go-ahead
• Positive Sentiment: Germany registrations surged ~315% year‑over‑year in March (record 9,252 units), signaling demand recovery in Europe’s largest auto market that could help offset other regional weakness. What Drove Tesla Germany's 315% Y/Y Surge in March Registrations?
• Positive Sentiment: Large institutional buying from ARK Invest / Cathie Wood continues during the pullback, providing a retail/institutional demand floor that can reduce downside volatility. Cathie Wood Doubles Down on Tesla
• Neutral Sentiment: Tesla is reportedly developing a smaller, lower‑cost compact SUV — a potential volume driver over time but one that may pressure margins if executed. Investors view this as a strategic shift that could help long‑term growth but adds execution risk. Tesla's lower-cost EV plan seen boosting volume, risking margins
• Neutral Sentiment: Upcoming Q1 earnings (April 22) are the next major catalyst — results and management commentary on deliveries, margins, energy, and autonomy progress will likely drive near‑term moves. Tesla Earnings Preview
• Neutral Sentiment: Retail investors are buying the dip according to some data vendors — this can create short-lived support but may not offset institutional selling if fundamentals disappoint. Vanda Research Says Retail Investors are Buying the Tesla Stock Dip
• Negative Sentiment: Tesla missed Q1 delivery and production expectations (deliveries ~358K vs. est. ~365.6K; production also below forecasts), creating inventory/backlog concerns that are pressuring sentiment. Tesla stock slips as delivery miss and risks weigh on sentiment
• Negative Sentiment: China retail sales declined (~16% in Q1) despite wholesale increases, highlighting regional demand divergence and a potential headwind to global volumes. Tesla's China Retail Sales Decline 16% In Q1
• Negative Sentiment: Analyst skepticism is rising — JPMorgan reiterated a Sell and other firms (including GLJ Research) have flagged dramatic downside; mixed analyst views increase volatility and can amplify downward moves. JPMorgan Reiterates Sell Rating for Tesla
• Negative Sentiment: Technical damage (recent “death cross,” multi‑week losing streak) and rising competition in autonomy/robotaxi space are eroding momentum; absent strong earnings or autonomy progress, further downside is possible. Tesla’s ‘Death Cross’ Flashed Again

Wall Street Analysts Forecast Growth

TSLA has been the topic of a number of research reports. Needham & Company LLC restated a "hold" rating on shares of Tesla in a research note on Thursday, January 29th. BNP Paribas Exane decreased their price target on Tesla from $313.00 to $280.00 and set an "underperform" rating on the stock in a research report on Monday, March 2nd. Morgan Stanley set a $415.00 price target on shares of Tesla and gave the stock an "equal weight" rating in a report on Thursday, January 29th. Wells Fargo & Company lowered their price target on shares of Tesla from $130.00 to $125.00 and set an "underweight" rating on the stock in a report on Thursday, January 29th. Finally, Stifel Nicolaus set a $508.00 price target on shares of Tesla in a report on Thursday, January 29th. Nineteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and ten have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $400.01.

Insider Activity at Tesla

In related news, Director Kathleen Wilson-Thompson sold 25,809 shares of the company's stock in a transaction that occurred on Monday, March 30th. The shares were sold at an average price of $359.33, for a total value of $9,273,947.97. Following the transaction, the director directly owned 33,860 shares in the company, valued at approximately $12,166,913.80. This represents a 43.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Vaibhav Taneja sold 2,264 shares of the company's stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the completion of the transaction, the chief financial officer owned 18,106 shares in the company, valued at approximately $7,188,625.18. This trade represents a 11.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 53,804 shares of company stock worth $20,865,598. 19.90% of the stock is owned by company insiders.

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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