Tesla, Inc. $TSLA Shares Bought by Quintet Private Bank Europe S.A.

Key Points

• Quintet Private Bank Europe increased its Tesla stake by 47.6% in the third quarter, purchasing 22,193 additional shares. Tesla now represents 1.1% of the bank’s portfolio, while institutions and hedge funds collectively own 66.2% of the stock.
• Tesla shares recently traded at $370.73, with a market capitalization of approximately $1.46 trillion and a very high price-to-earnings ratio of 343.67. Analysts have an overall “Hold” rating and an average price target of $412.19.
• Third-quarter vehicle deliveries exceeded expectations by about 25,000 units, but investors remain focused on margins, cash flow and Tesla’s costly AI and autonomy initiatives. CFO Vaibhav Taneja also sold shares to cover tax obligations related to vested equity awards.

Quintet Private Bank Europe S.A. raised its stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 47.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 68,832 shares of the electric vehicle producer's stock after purchasing an additional 22,193 shares during the quarter. Tesla comprises 1.1% of Quintet Private Bank Europe S.A.'s holdings, making the stock its 23rd biggest position. Quintet Private Bank Europe S.A.'s holdings in Tesla were worth $24,422,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Security National Bank of Sioux City Iowa IA purchased a new position in Tesla in the 2nd quarter worth $25,000. Friedenthal Financial boosted its holdings in Tesla by 66.7% in the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer's stock valued at $28,000 after purchasing an additional 30 shares during the last quarter. Harborfront Financial Group LLC acquired a new position in shares of Tesla in the 2nd quarter valued at about $34,000. Montgomery Financial Services LLC acquired a new stake in Tesla during the second quarter worth about $40,000. Finally, Lam Group Inc. acquired a new position in Tesla in the first quarter valued at approximately $37,000. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla delivered 486,532 vehicles in the third quarter, exceeding expectations by roughly 25,000 units. The beat is supporting the stock ahead of the company’s October 21 earnings report, although investors will focus on automotive margins and free cash flow. Tesla's EV Delivery Beat Is In, So What Happens Now?
• Positive Sentiment: Analysts remain focused on Tesla’s higher-margin opportunities beyond vehicles, including robotaxis, software, robotics and energy storage. Dan Ives sees more than 30% potential upside, while UBS called the setup “tactically favorable” and raised its price target to $391. TSLA Stock Heads For Weekly Win
• Positive Sentiment: Tesla and SpaceX reportedly plan to build and operate a Texas “Terafab” AI-chip complex, potentially improving supply control for autonomy and robotics. Tesla also arranged $30 billion in new credit facilities and loans, giving it greater funding capacity for expansion. Why Tesla Is Up After Unveiling Terafab
• Positive Sentiment: Germany’s transport minister backed faster European approval of Tesla’s supervised Full Self-Driving system, while Lemonade expanded insurance support for Tesla vehicles using FSD v14 Lite. Both developments could aid adoption if regulatory approval progresses. Musk Welcomes German Backing
• Neutral Sentiment: Tesla secured an order for 50 Tesla Semi trucks from IMC Logistics, providing validation for its commercial-vehicle strategy, though the order is unlikely to materially affect near-term financial results. Tesla Semi Lands 50-Truck Order
• Negative Sentiment: Investors remain concerned that Tesla is spending heavily on AI while relying on vehicle sales to fund the investment. The company’s extremely high valuation—about 345 times earnings—leaves little room for weaker margins or another earnings miss.
• Negative Sentiment: Reports say Tesla pressured European regulators to accelerate FSD reviews and reduce testing burdens. The scrutiny raises safety, liability and execution risks, while delays could undermine the robotaxi investment case. Tesla Pressured European Regulators
• Negative Sentiment: Tesla’s limited updates on the Optimus humanoid robot are making some investors uneasy, and its earlier sale of most Bitcoin holdings means it missed much of the subsequent cryptocurrency appreciation.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the company's stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value 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 represents a 9.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is currently owned by company insiders.

Tesla Price Performance

Shares of Tesla stock traded down $7.08 on Thursday, hitting $370.73. 12,663,382 shares of the company were exchanged, compared to its average volume of 51,272,059. The company has a quick ratio of 1.55, a current ratio of 1.94 and a debt-to-equity ratio of 0.09. The company has a 50-day moving average price of $352.86 and a 200 day moving average price of $377.14. The stock has a market capitalization of $1.46 trillion, a price-to-earnings ratio of 343.67, a price-to-earnings-growth ratio of 20.34 and a beta of 1.92. 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 announced its quarterly earnings data on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing analysts' consensus estimates of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The company had revenue of $28.24 billion for the quarter, compared to analysts' expectations of $26.42 billion. During the same quarter in the previous year, the business posted $0.33 EPS. The business's quarterly revenue was up 25.5% compared to the same quarter last year. As a group, sell-side analysts predict that Tesla, Inc. will post 0.83 earnings per share for the current fiscal year.

Analyst Ratings Changes

TSLA has been the subject of several analyst reports. Oppenheimer reiterated a "market perform" rating on shares of Tesla in a research note on Monday, September 21st. Roth Capital restated a "buy" rating and set a $505.00 target price on shares of Tesla in a research report on Thursday, July 23rd. JPMorgan Chase & Co. lowered their price target on Tesla from $445.00 to $415.00 and set a "neutral" rating on the stock in a research report on Monday, September 28th. Barclays upped their target price on Tesla from $360.00 to $370.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 14th. Finally, Morgan Stanley reaffirmed a "reduce" rating on shares of Tesla in a report on Monday, September 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, seventeen have issued a Hold rating and five have assigned a Sell rating to the company's stock. According to data from MarketBeat, Tesla currently has an average rating of "Hold" and an average target price of $412.19.

About Tesla

Tesla, Inc NASDAQ: TSLA designs, manufactures and sells electric vehicles, energy storage systems and solar energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y, Cybertruck and Tesla Semi. The company also develops vehicle software and driver-assistance features, operates a global Supercharger network and provides related vehicle services.

Tesla's energy business offers battery storage products for residential, commercial and utility customers, including Powerwall and Megapack, as well as solar panels and solar roofing products.

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