Tesla, Inc. $TSLA Shares Bought by 3Chopt Investment Partners LLC

Key Points

• 3Chopt Investment Partners increased its Tesla stake by 17% in the third quarter, adding 1,639 shares to reach 11,281 shares valued at about $4.0 million.
• Tesla reported quarterly EPS of $0.48, topping analyst estimates of $0.46, while revenue of $28.05 billion was roughly in line with forecasts and down 0.2% year over year.
• Analysts’ consensus rating is “Moderate Buy”, with an average price target of $414.51; institutional investors and hedge funds own 66.2% of Tesla shares.

3Chopt Investment Partners LLC increased its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 17.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,281 shares of the electric vehicle producer's stock after purchasing an additional 1,639 shares during the period. Tesla makes up 0.7% of 3Chopt Investment Partners LLC's holdings, making the stock its 29th biggest position. 3Chopt Investment Partners LLC's holdings in Tesla were worth $4,003,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bamco Inc. NY raised its holdings in Tesla by 5.0% in the second quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer's stock valued at $5,267,911,000 after acquiring an additional 591,243 shares in the last quarter. One Plus One Wealth Management LLC acquired a new stake in shares of Tesla in the second quarter valued at about $1,009,000. Bessemer Group Inc. boosted its holdings in Tesla by 23.6% during the first quarter. Bessemer Group Inc. now owns 56,240 shares of the electric vehicle producer's stock worth $20,908,000 after buying an additional 10,747 shares in the last quarter. H&H International Investment LLC acquired a new position in Tesla during the first quarter worth about $1,267,259,000. Finally, MassMutual Private Wealth & Trust FSB grew its position in Tesla by 12.4% during the third quarter. MassMutual Private Wealth & Trust FSB now owns 43,600 shares of the electric vehicle producer's stock worth $15,470,000 after buying an additional 4,806 shares during the period. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Tesla Stock Performance

Shares of Tesla stock opened at $385.19 on Thursday. The firm has a market cap of $1.52 trillion, a PE ratio of 423.29, a price-to-earnings-growth ratio of 24.68 and a beta of 1.74. The firm's 50-day simple moving average is $372.12 and its 200-day simple moving average is $385.12. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.39 and a current ratio of 1.74. Tesla, Inc. has a 1 year low of $297.38 and a 1 year high of $498.83.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 EPS for the quarter, topping analysts' consensus estimates of $0.46 by $0.02. The business had revenue of $28.05 billion during the quarter, compared to the consensus estimate of $28.06 billion. Tesla had a return on equity of 3.03% and a net margin of 3.11%. The company's revenue for the quarter was down .2% compared to the same quarter last year. During the same period last year, the firm earned $0.50 earnings per share. Equities analysts forecast that Tesla, Inc. will post 0.67 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on TSLA. Piper Sandler reiterated an "overweight" rating and set a $475.00 price target (up from $450.00) on shares of Tesla in a research report on Thursday, October 22nd. UBS Group raised Tesla from a "neutral" rating to a "buy" rating in a research note on Monday, October 26th. BMO Capital Markets initiated coverage on Tesla in a report on Monday, August 17th. They set an "outperform" rating for the company. Deutsche Bank Aktiengesellschaft initiated coverage on Tesla in a report on Monday, October 26th. They set a "buy" rating for the company. Finally, BNP Paribas Exane raised Tesla from an "underperform" rating to a "neutral" rating and upped their target price for the company from $266.00 to $420.00 in a report on Thursday, October 22nd. One analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, sixteen have given a Hold rating and four have given a Sell rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $414.51.

Insider Buying and Selling

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total transaction of $938,498.78. Following the transaction, the chief financial officer owned 25,972 shares of the company's stock, valued at $9,353,296.36. This trade represents a 9.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is currently owned by corporate insiders.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla expanded its robotaxi service to Fort Worth, extending a still-early rollout beyond Austin. The move supports the autonomy growth story, though the service has not yet shown meaningful profitability. Robotaxi service expands to Fort Worth
• Positive Sentiment: Tesla’s goal of building up to one million Optimus robots in 2027 points to a potential growth opportunity in robotics, although the plan remains an execution challenge. Tesla’s Optimus production plans
• Neutral Sentiment: Tesla reported a 10.3% year-over-year increase in China-made EV sales in October, but another report noted that wholesale sales fell sequentially. The mixed signals make it unclear whether demand is strengthening. Tesla China-made EV sales
• Negative Sentiment: Democratic election victories raised investor concerns about increased oversight of AI, data centers and Musk-linked projects, as well as uncertainty around a possible Tesla–SpaceX merger. Musk’s political involvement may also bring added scrutiny. Tesla and SpaceX shares slide after election results
• Negative Sentiment: A South Korean consumer group alleged Tesla misled customers about its automated-driving technology, creating potential legal and reputational risk. South Korean consumer group allegation
• Negative Sentiment: Reports also highlighted rising spending and margin pressure: Polen Capital said Tesla detracted from its large-growth strategy, with record revenue not offsetting investor concerns about costs and profitability. Tesla weighs on Polen Capital’s strategy

About Tesla

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.

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