Tesla, Inc. $TSLA Shares Bought by Bellwether Advisors LLC

Key Points

• Bellwether Advisors LLC sharply increased its Tesla stake by 815.6% in the fourth quarter, buying 5,530 additional shares to own 6,208 shares worth about $2.79 million.
• Institutional ownership remains significant, with several other funds also boosting positions and 66.20% of Tesla shares held by institutional investors and hedge funds.
• Tesla has been buoyed by SpaceX IPO/merger chatter and optimism around its AI, autonomy, and robotaxi narrative, though some analysts warn a SpaceX IPO could create temporary selling pressure on TSLA.

Bellwether Advisors LLC raised its position in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 815.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 6,208 shares of the electric vehicle producer's stock after buying an additional 5,530 shares during the quarter. Bellwether Advisors LLC's holdings in Tesla were worth $2,792,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC grew its stake in shares of Tesla by 11.8% during the 4th quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer's stock worth $35,509,000 after purchasing an additional 9,293 shares during the period. Revolve Wealth Partners LLC grew its stake in shares of Tesla by 21.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer's stock worth $2,147,000 after purchasing an additional 931 shares during the period. Bison Wealth LLC grew its stake in shares of Tesla by 52.2% during the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer's stock worth $4,187,000 after purchasing an additional 3,558 shares during the period. Sivia Capital Partners LLC grew its stake in shares of Tesla by 9.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer's stock worth $3,855,000 after purchasing an additional 1,011 shares during the period. Finally, AGP Franklin LLC grew its stake in shares of Tesla by 21.2% during the 2nd quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer's stock worth $1,544,000 after purchasing an additional 851 shares during the period. 66.20% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Merger chatter between Tesla and SpaceX has intensified, reinforcing the market’s view that Tesla could benefit from any strategic tie-up or increased investor attention around Musk’s companies. SpaceX-Tesla merger chatter reignites as Musk pushes rocket company towards Nasdaq
• Positive Sentiment: Several market notes say TSLA is trading higher as investors stay focused on the potential value creation from SpaceX’s upcoming IPO and broader enthusiasm for Musk’s AI, autonomy, and robotics narrative. Tesla Stock Trades Higher as Investors Remain Focused on SpaceX
• Positive Sentiment: Technical coverage suggests Tesla is holding a “three-weeks-tight” setup and continuing to recover from earlier weakness, which can support momentum buying. Tesla Stock Is In A Three-Weeks Tight, Continues Its Recovery From A Deep Slump
• Neutral Sentiment: Coverage also highlighted Tesla’s autonomous-driving and robotaxi potential as a long-term value driver, but this is more of a valuation story than an immediate fundamental catalyst. Fully Self-Driving Technology Positions Tesla Stock for Another Wave of Value Creation
• Negative Sentiment: Some commentary warns that a SpaceX IPO could prompt investors to sell some Tesla shares to fund SpaceX purchases, creating temporary pressure on TSLA. The SpaceX IPO Could Be a Huge Event for Tesla Stock Investors
• Negative Sentiment: Bearish coverage noted that Tesla’s auditors have said the company’s growth narrative is “not probable,” which could temper enthusiasm if investors refocus on execution risk. Tesla's Own Auditors Say The Growth Narrative Is Currently 'Not Probable'

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TSLA. Piper Sandler reaffirmed an "overweight" rating on shares of Tesla in a research note on Thursday, January 29th. Barclays reiterated a "neutral" rating on shares of Tesla in a research report on Wednesday, May 13th. UBS Group boosted their price objective on shares of Tesla from $352.00 to $364.00 and gave the stock a "neutral" rating in a research report on Wednesday, May 13th. President Capital boosted their price objective on shares of Tesla from $424.00 to $428.00 and gave the stock a "buy" rating in a research report on Monday, April 27th. Finally, Roth Mkm reiterated a "buy" rating on shares of Tesla in a research report on Thursday, April 23rd. Nineteen investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $395.20.

Insider Activity

In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction dated Thursday, April 30th. The shares were sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the transaction, the director directly owned 48,399 shares in the company, valued at $18,300,145.89. This represents a 35.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the transaction, the chief financial officer owned 18,106 shares in the company, valued at approximately $8,147,700. The trade was a 14.21% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 57,482 shares of company stock worth $21,508,331. Insiders own 19.90% of the company's stock.

Tesla Trading Up 1.8%

Shares of TSLA stock opened at $433.59 on Wednesday. The firm has a market cap of $1.63 trillion, a P/E ratio of 397.79, a PEG ratio of 16.82 and a beta of 1.79. Tesla, Inc. has a 1-year low of $273.21 and a 1-year high of $498.83. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. The firm's 50-day simple moving average is $389.23 and its 200-day simple moving average is $416.22.

Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. The business had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The company's revenue was up 15.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.27 EPS. As a group, equities analysts forecast that Tesla, Inc. will post 1.2 EPS 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.

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