Tesla, Inc. $TSLA Shares Sold by Gradient Investments LLC

Key Points

• Gradient Investments LLC reduced its Tesla stake by 42.9% in the third quarter, selling 3,606 shares and retaining 4,793 shares valued at approximately $1.7 million. Institutional investors and hedge funds collectively own 66.2% of Tesla.
• Tesla CFO Vaibhav Taneja sold 2,606 shares worth about $938,499 to cover tax withholding obligations tied to vested equity awards; company insiders retain a 19.9% ownership stake.
• Tesla reported quarterly revenue of $28.24 billion, up 25.5% year over year, but its $0.33 EPS missed the $0.50 consensus estimate. Despite growth opportunities in AI, autonomy and commercial vehicles, analysts’ consensus rating remains Hold, with valuation and profitability cited as key risks.

Gradient Investments LLC trimmed its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 42.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,793 shares of the electric vehicle producer's stock after selling 3,606 shares during the period. Gradient Investments LLC's holdings in Tesla were worth $1,701,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Clear Trail Advisors LLC lifted its position in shares of Tesla by 1.6% in the first quarter. Clear Trail Advisors LLC now owns 1,628 shares of the electric vehicle producer's stock worth $605,000 after buying an additional 25 shares during the last quarter. Peirce Capital Management LLC increased its holdings in shares of Tesla by 1.5% during the 2nd quarter. Peirce Capital Management LLC now owns 1,657 shares of the electric vehicle producer's stock valued at $697,000 after acquiring an additional 25 shares during the last quarter. WealthTrust Axiom LLC raised its stake in shares of Tesla by 1.6% in the 4th quarter. WealthTrust Axiom LLC now owns 1,630 shares of the electric vehicle producer's stock valued at $733,000 after acquiring an additional 26 shares in the last quarter. Retirement Planning Group LLC NY lifted its holdings in Tesla by 3.8% in the 1st quarter. Retirement Planning Group LLC NY now owns 713 shares of the electric vehicle producer's stock worth $265,000 after purchasing an additional 26 shares during the last quarter. Finally, Phillip James Consulting Co. boosted its position in Tesla by 8.7% during the first quarter. Phillip James Consulting Co. now owns 326 shares of the electric vehicle producer's stock worth $121,000 after purchasing an additional 26 shares during the period. Institutional investors and hedge funds own 66.20% of the company's stock.

Insider Buying and Selling at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of the company's stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total value of $938,498.78. Following the sale, the chief financial officer owned 25,972 shares of the company's stock, valued at $9,353,296.36. The trade was a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 19.90% of the company's stock.

Tesla Stock Performance

Shares of NASDAQ TSLA opened at $382.70 on Friday. The business has a fifty day simple moving average of $355.61 and a 200 day simple moving average of $377.22. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. The firm has a market capitalization of $1.51 trillion, a price-to-earnings ratio of 354.36, a PEG ratio of 20.95 and a beta of 1.92. 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 announced its quarterly earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The business had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. During the same period last year, the firm earned $0.33 EPS. The company's quarterly revenue was up 25.5% compared to the same quarter last year. Sell-side analysts expect that Tesla, Inc. will post 0.80 EPS for the current year.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: China production and European demand improved: Tesla sold 95,366 China-made Model 3 and Model Y vehicles in September, up 5% year over year and marking an 11th consecutive month of growth. European demand also reportedly continued to recover. Reuters article
• Positive Sentiment: AI and semiconductor ambitions supported the bullish narrative: Musk’s reported Tesla-SpaceX “Terafab” chip project could give Tesla more control over chips needed for robotics, autonomy, and energy businesses. Analysts including Dan Ives continue to view robotaxis, robotics, and software as potential long-term growth drivers. Dan Ives Tesla robotaxi article
• Positive Sentiment: Commercial vehicle opportunities are expanding: Tesla received a 50-truck Semi order from IMC Logistics and opened its first heavy-duty Megacharger site with Pilot, supporting the company’s efforts to build an electric freight ecosystem. Pilot and Tesla Megacharger announcement
• Neutral Sentiment: European FSD rebranding reduces regulatory friction but creates uncertainty: Tesla renamed “Full Self-Driving (Supervised)” to “Tesla Assisted Driving” in Europe after German regulatory pushback. The change may improve approval prospects, but it also highlights ongoing scrutiny and could weaken the value of Tesla’s established FSD branding. CNBC article
• Negative Sentiment: Profitability and valuation remain major risks: Analysts expect a double-digit profit decline in the upcoming report, while Tesla’s very high earnings multiple leaves limited room for disappointing margins or guidance. Commentary also points to heavy AI spending and pressure on automotive gross margins. Tesla earnings preview
• Negative Sentiment: China sales trends were mixed: September retail sales reportedly fell 9%, despite a 58% increase in Shanghai exports. This suggests regional demand remains uneven and that headline production or shipment growth may not fully translate into local deliveries. Benzinga China sales article

Analyst Ratings Changes

Several brokerages have recently issued reports on TSLA. Needham & Company LLC reaffirmed a "hold" rating on shares of Tesla in a research report on Thursday, July 23rd. Glj Research reissued a "sell" rating on shares of Tesla in a research report on Friday, September 4th. BMO Capital Markets started coverage on Tesla in a research note on Monday, August 17th. They set an "outperform" rating for the company. Robert W. Baird set a $475.00 price target on Tesla in a report on Monday, July 27th. Finally, Guggenheim assumed coverage on Tesla in a research report on Monday, June 29th. They issued a "neutral" rating for the company. One research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, seventeen have given a Hold rating and five have given a Sell rating to the company's stock. According to MarketBeat.com, Tesla presently has a consensus rating of "Hold" and an average target price of $412.19.

Tesla Company Profile

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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