Tesla, Inc. $TSLA Shares Bought by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC increased its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 13.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,038 shares of the electric vehicle producer's stock after buying an additional 4,244 shares during the period. Chicago Partners Investment Group LLC's holdings in Tesla were worth $13,414,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Security National Bank of Sioux City Iowa IA bought a new position in shares of Tesla in the 2nd quarter worth $25,000. Harborfront Financial Group LLC bought a new stake in Tesla during the second quarter valued at about $34,000. Montgomery Financial Services LLC bought a new stake in Tesla during the second quarter valued at about $40,000. Timbuktu Capital Management LLC purchased a new position in Tesla in the second quarter valued at about $42,000. Finally, Navigoe LLC purchased a new position in Tesla in the second quarter valued at about $45,000. Hedge funds and other institutional investors own 66.20% of the company's stock.

More Tesla News

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

Analyst Ratings Changes

TSLA has been the subject of several analyst reports. Royal Bank Of Canada lowered shares of Tesla from an "outperform" rating to a "sector perform" rating in a research report on Thursday, October 22nd. BNP Paribas Exane raised shares of Tesla from an "underperform" rating to a "neutral" rating and lifted their price objective for the stock from $266.00 to $420.00 in a research report on Thursday, October 22nd. Cantor Fitzgerald reiterated an "overweight" rating and set a $485.00 price objective on shares of Tesla in a research note on Monday, October 19th. DZ Bank raised shares of Tesla from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 23rd. Finally, Piper Sandler restated an "overweight" rating and issued a $475.00 target price (up from $450.00) on shares of Tesla in a research note on Thursday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, sixteen have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, Tesla currently has a consensus rating of "Moderate Buy" and a consensus target price of $414.51.

Insider Activity at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of Tesla 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 completion of the sale, the chief financial officer directly owned 25,972 shares in the company, valued at $9,353,296.36. This trade represents a 9.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is owned by insiders.

Tesla Trading Down 3.3%

Tesla stock opened at $385.19 on Thursday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.39 and a current ratio of 1.74. The stock 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 stock has a 50-day moving average of $372.12 and a two-hundred day moving average of $385.12. Tesla, Inc. has a one year low of $297.38 and a one year high of $498.83.

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

Tesla Profile

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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