Tesla, Inc. $TSLA Shares Acquired by Savvy Advisors Inc.

Key Points

• Savvy Advisors Inc. boosted its Tesla stake by 26.3% in Q3 to 28,548 shares, worth about $12.7 million per its latest 13F filing.
• Significant insider selling occurred recently: CFO Vaibhav Taneja sold 2,637 shares (~$1.17M) and Director James R. Murdoch sold 60,000 shares (~$26.7M), with insiders offloading 119,457 shares worth $53.5M in the past 90 days; insiders hold 19.9% of the stock.
• Analyst and market sentiment is mixed — the consensus rating is a Hold with an average target of $403.92 (below the recent ~$428 share price), and analysts are split among buys, holds and sells.

Savvy Advisors Inc. lifted its stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 26.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 28,548 shares of the electric vehicle producer's stock after purchasing an additional 5,951 shares during the period. Savvy Advisors Inc.'s holdings in Tesla were worth $12,696,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Chapman Financial Group LLC purchased a new position in Tesla in the 2nd quarter valued at approximately $26,000. LGT Financial Advisors LLC acquired a new stake in Tesla in the second quarter valued at $29,000. Manning & Napier Advisors LLC purchased a new position in shares of Tesla in the third quarter valued at $29,000. CoreFirst Bank & Trust purchased a new position in shares of Tesla in the second quarter valued at $30,000. Finally, ESL Trust Services LLC raised its stake in shares of Tesla by 1,900.0% during the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer's stock worth $32,000 after buying an additional 95 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Tesla news, CFO Vaibhav Taneja sold 2,637 shares of the business's stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the completion of the sale, the chief financial officer owned 13,757 shares of the company's stock, valued at approximately $6,107,145.01. The trade was a 16.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director James R. Murdoch sold 60,000 shares of the firm's stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the transaction, the director owned 577,031 shares in the company, valued at approximately $257,009,607.40. This trade represents a 9.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 119,457 shares of company stock valued at $53,501,145 in the last ninety days. Company insiders own 19.90% of the company's stock.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Chinese regulator steps to curb cutthroat EV price wars in China, which should reduce aggressive discounting and help stabilize Tesla’s China pricing and margins. Tesla Stock (TSLA) Rises as Chinese Watchdog Moves to Tame Cutthroat Price War
• Positive Sentiment: Tencent Cloud partnership to add WeChat-linked in-car features, OTA updates and China-specific services — improves local product experience and deepens ties with a major Chinese tech partner (and investor). Tencent, Tesla team up on WeChat-linked in-car features in China
• Positive Sentiment: Company appoints its Europe head to run global sales — centralizing sales leadership could improve go-to-market execution and inventory/pricing discipline across regions. Tesla names Europe executive to head global sales, Bloomberg News reports
• Positive Sentiment: Analyst attention on Tesla’s solar & energy TAM (Morgan Stanley coverage) highlights a large long-term growth opportunity beyond autos, supporting investor interest in non-vehicle revenue upside. Tesla (TSLA) draws fresh attention as Morgan Stanley highlights solar opportunity
• Neutral Sentiment: MarketBeat technical take: Tesla has staged a bounce from known support and momentum indicators look constructive, but valuation and a broken uptrend make any rally fragile — implies higher short-term volatility. Tesla’s Rally Setup Is Here—But Valuation Makes It Fragile
• Negative Sentiment: Prominent investor Gary Black publicly rejects Elon Musk’s reported “discount-first” communications strategy — investor pushback on margin-dilutive tactics raises concern about pricing strategy and management messaging. Gary Black rejects Elon Musk-led Tesla's discount-first communications strategy: 'I don't think…'
• Negative Sentiment: Executive turnover continues: VP Raj Jegannathan and other senior departures (AI/infosec and sales leadership moves) raise execution risk for ambitious AI/robotics initiatives (Optimus/robotaxi) and sales operations. Tesla VP Raj Jegannathan departs after 13 years with Elon Musk's EV giant

Wall Street Analyst Weigh In

Several equities analysts have weighed in on TSLA shares. BNP Paribas Exane raised their target price on shares of Tesla from $307.00 to $313.00 in a report on Monday, December 1st. Evercore increased their price target on shares of Tesla from $235.00 to $300.00 and gave the company a "neutral" rating in a research report on Wednesday, October 29th. Mizuho set a $540.00 price objective on Tesla and gave the stock an "outperform" rating in a research report on Thursday, January 29th. Wedbush reaffirmed an "outperform" rating and issued a $600.00 target price on shares of Tesla in a research note on Thursday, January 29th. Finally, UBS Group increased their target price on Tesla from $307.00 to $352.00 and gave the company a "sell" rating in a report on Thursday, January 29th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and nine have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $403.92.

Tesla Stock Up 0.7%

TSLA opened at $428.26 on Thursday. Tesla, Inc. has a 12 month low of $214.25 and a 12 month high of $498.83. The business has a 50-day moving average of $445.74 and a two-hundred day moving average of $413.37. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77. The stock has a market capitalization of $1.61 trillion, a price-to-earnings ratio of 396.54, a price-to-earnings-growth ratio of 14.24 and a beta of 1.86.

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

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.