Tesla, Inc. $TSLA Shares Purchased by Annex Advisory Services LLC

Key Points

• Annex Advisory Services increased its Tesla stake by 78.8% in the second quarter, holding 7,547 shares valued at approximately $3.17 million. Institutional investors collectively own 66.2% of Tesla.
• Analyst sentiment remains mixed, with a consensus rating of “Hold” and an average price target of $401.74; ratings include 21 Buys, 19 Holds and four Sells.
• Tesla’s latest quarterly revenue rose 25.5% year over year to $28.24 billion but EPS of $0.33 missed estimates of $0.50. Profitability and valuation remain concerns as margins weaken, competition pressures vehicle sales and investors await measurable Robotaxi progress.

Annex Advisory Services LLC boosted its position in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 78.8% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,547 shares of the electric vehicle producer's stock after purchasing an additional 3,326 shares during the period. Annex Advisory Services LLC's holdings in Tesla were worth $3,174,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Chapman Financial Group LLC acquired a new position in Tesla in the second quarter valued at approximately $26,000. Davidson Capital Management Inc. increased its stake in Tesla by 79.4% during the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock worth $27,000 after acquiring an additional 27 shares during the last quarter. Friedenthal Financial raised its position 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 period. Turning Point Benefit Group Inc. purchased a new stake in Tesla in the third quarter valued at $30,000. Finally, Texas Capital Bancshares Inc TX acquired a new position in shares of Tesla in the 3rd quarter valued at $31,000. Hedge funds and other institutional investors own 66.20% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on TSLA. Phillip Securities lowered their price target on Tesla from $220.00 to $215.00 and set a "sell" rating for the company in a report on Wednesday, May 13th. HSBC reaffirmed a "hold" rating on shares of Tesla in a research report on Monday, June 15th. Wedbush reaffirmed an "outperform" rating and set a $600.00 target price on shares of Tesla in a research note on Tuesday, April 21st. Guggenheim started coverage on shares of Tesla in a research report on Monday, June 29th. They set a "neutral" rating for the company. Finally, BNP Paribas Exane downgraded shares of Tesla from a "hold" rating to an "underperform" rating in a research note on Friday, June 5th. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, nineteen have issued a Hold rating and four have issued a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $401.74.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s energy-storage business continues to provide a growth counterweight to weaker automotive profitability. SpaceX reportedly purchased nearly $300 million of Megapacks for AI data-center infrastructure, highlighting potential demand from Musk-affiliated companies and the broader AI-power market. Tesla’s Energy Business Just Got a SpaceX Demand Signal
• Positive Sentiment: International demand showed some encouraging signs. Tesla is expanding its Japanese delivery network by 60% amid stronger sales, while July data suggested the company may be stabilizing in China despite weakness across the broader passenger-car market. Tesla’s Japan Sales Surging
• Positive Sentiment: Tesla plans a potential $10 billion solar-panel factory in Texas, which could expand its energy-generation footprint. Separately, reports of strong Full Self-Driving adoption and new Cybercab features support the company’s effort to transition toward higher-margin software and autonomous mobility. Tesla Wants to Build a $10B Solar Factory in Texas
• Neutral Sentiment: July consumer-price data shifted expectations for a September Federal Reserve rate hike, contributing to volatility in expensive growth stocks. Lower-rate expectations can support Tesla’s valuation, but the market reaction indicates investors remain cautious about highly speculative technology names. Tesla and Palantir Fall as CPI Sends September Fed Hike Odds to 33%
• Neutral Sentiment: Speculation surrounding Elon Musk’s flying-car comments, a possible Tesla-SpaceX transaction and changes to Musk’s potential compensation or capital-gains tax exposure may influence sentiment, but none represents near-term operating results.
• Negative Sentiment: Investors continue to demand measurable Robotaxi progress before accepting Tesla’s premium valuation. Operating margins fell to about 1.4%, free cash flow turned negative and capital expenditures are tracking above $25 billion, increasing the consequences of a delayed or poorly scaled autonomous rollout. Tesla’s Robotaxi Reality Check
• Negative Sentiment: Tesla’s latest quarterly earnings missed consensus estimates, while price cuts and competition continue to pressure auto profitability. Analysts and investors are increasingly focused on whether software and energy growth can offset the weakening core vehicle business.
• Negative Sentiment: Autonomy execution remains a major concern. Investor Gary Black said slowing Full Self-Driving and Robotaxi ambitions are causing investors to lose confidence, while Tesla also faces a recall of 20,349 Model 3 and Model Y vehicles for excessively bright low-beam headlights. Tesla Recalls More Than 20,000 Vehicles

Insider Transactions at Tesla

In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the sale, the chief financial officer directly owned 22,039 shares in the company, valued at $8,864,085.80. This represents a 10.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 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 Stock Performance

NASDAQ TSLA opened at $327.51 on Thursday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.55. The company has a market cap of $1.29 trillion, a P/E ratio of 303.25, a P/E/G ratio of 16.80 and a beta of 1.83. The stock has a 50-day moving average of $373.32 and a two-hundred day moving average of $391.28. 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 issued its quarterly earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.17). The business had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%.The firm's revenue for the quarter was up 25.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.33 EPS. As a group, analysts anticipate that Tesla, Inc. will post 0.88 EPS for the current year.

About Tesla

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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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.

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