Tesla, Inc. $TSLA Shares Acquired by National Pension Service

Key Points

• National Pension Service increased its Tesla stake by 2.2% in the second quarter, adding 131,341 shares to own 6.02 million shares worth approximately $2.53 billion. Institutional investors and hedge funds collectively own 66.2% of Tesla.
• Analyst sentiment remains mixed, with Tesla holding a consensus “Hold” rating and an average price target of $412.25; ratings include 21 Buys, 19 Holds, five Sells and one Strong Buy.
• Tesla reported quarterly revenue of $28.24 billion, up 25.5% year over year and above expectations, but earnings per share of $0.33 missed the $0.50 consensus estimate. CFO Vaibhav Taneja sold 2,606 shares to cover tax withholding on vested equity awards.

National Pension Service increased its stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 2.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,022,001 shares of the electric vehicle producer's stock after buying an additional 131,341 shares during the quarter. Tesla comprises approximately 1.6% of National Pension Service's holdings, making the stock its 12th largest position. National Pension Service owned 0.15% of Tesla worth $2,532,854,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. Geode Capital Management LLC grew its position in shares of Tesla by 0.6% during the fourth 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 during the last quarter. Norges Bank acquired a new stake in shares of Tesla in the 4th quarter worth about $17,128,100,000. Amundi lifted its position in Tesla by 14.0% in the 1st 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 boosted its stake in Tesla by 3,205.5% during the 4th 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 period. Finally, Legal & General Group Plc acquired a new position in Tesla during the 2nd quarter valued at about $8,535,612,000. 66.20% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have commented on TSLA. BNP Paribas Exane lowered shares of Tesla from a "hold" rating to an "underperform" rating in a research note on Friday, June 5th. HSBC reiterated a "hold" rating on shares of Tesla in a research report on Monday, June 15th. Erste Group Bank raised Tesla from a "sell" rating to a "hold" rating in a report on Friday, June 5th. Morgan Stanley restated a "reduce" rating on shares of Tesla in a research report on Monday. Finally, UBS Group set a $460.00 target price on Tesla in a research note on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, nineteen have issued a Hold rating and five have given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $412.25.

Insider Activity

In related news, CFO Vaibhav Taneja sold 2,606 shares of the business's stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total value of $938,498.78. Following the sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 owned by corporate insiders.

Tesla News Summary

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

Tesla Trading Up 0.4%

Shares of TSLA stock opened at $358.08 on Thursday. The stock has a 50-day simple moving average of $350.84 and a 200 day simple moving average of $380.12. 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. Tesla, Inc. has a fifty-two week low of $297.38 and a fifty-two week high of $498.83. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09.

Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The business had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. During the same quarter last year, the firm posted $0.33 earnings per share. Tesla's revenue was up 25.5% compared to the same quarter last year. On average, sell-side analysts expect that Tesla, Inc. will post 0.85 earnings per share for the current fiscal 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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