Tesla, Inc. $TSLA Stock Holdings Lessened by Focused Alpha LLC

Key Points

• Focused Alpha LLC cut its Tesla position by 63.3% in the third quarter, selling 2,877 shares and retaining 1,670 shares valued at approximately $593,000.
• Institutional investors and hedge funds own 66.2% of Tesla, with several major firms—including State Street, Amundi and Bamco—raising their holdings. Analysts’ consensus rating is “Hold,” with an average price target of $415.07.
• Tesla CFO Vaibhav Taneja sold 2,606 shares worth about $938,499 to cover tax obligations tied to vested equity awards; insiders own 19.9% of the company.

Focused Alpha LLC lessened its position in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 63.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,670 shares of the electric vehicle producer's stock after selling 2,877 shares during the period. Focused Alpha LLC's holdings in Tesla were worth $593,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. State Street Corp boosted its position in Tesla by 2.4% during the second quarter. State Street Corp now owns 117,456,756 shares of the electric vehicle producer's stock worth $49,402,312,000 after purchasing an additional 2,761,298 shares during the period. Legal & General Group Plc acquired a new stake in shares of Tesla during the 2nd quarter worth about $8,535,612,000. Amundi boosted its holdings in shares of Tesla by 14.0% during the 1st quarter. Amundi now owns 22,174,884 shares of the electric vehicle producer's stock worth $8,243,513,000 after buying an additional 2,727,141 shares during the period. Bank of New York Mellon Corp bought a new stake in shares of Tesla during the 2nd quarter worth about $6,083,630,000. Finally, Bamco Inc. NY boosted its holdings in shares of Tesla by 5.0% during the 2nd quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer's stock worth $5,267,911,000 after buying an additional 591,243 shares during the period. 66.20% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently commented on TSLA shares. BMO Capital Markets started coverage on shares of Tesla in a research note on Monday, August 17th. They issued an "outperform" rating on the stock. Yorkville Ives started coverage on shares of Tesla in a research report on Wednesday, October 7th. They set an "outperform" rating and a $500.00 price objective for the company. Robert W. Baird set a $475.00 price objective on Tesla in a report on Monday, July 27th. HSBC reaffirmed a "reduce" rating and issued a $157.00 target price on shares of Tesla in a research report on Monday, October 5th. Finally, Stifel Nicolaus set a $491.00 price target on Tesla and gave the stock a "buy" rating in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, sixteen have issued a Hold rating and five have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $415.07.

Insider Activity at Tesla

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

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Merger discussions became more concrete. Tesla and SpaceX formed independent special committees to evaluate a potential combination at shareholders’ request. Elon Musk cautioned that a deal is not guaranteed and would require negotiations and shareholder approval, but investors viewed the formal review as a meaningful step toward combining Tesla’s robotics and autonomy efforts with SpaceX’s satellite, AI and infrastructure businesses. Reuters merger and Terafab report
• Positive Sentiment: Long-term AI and chip ambitions added to the bullish narrative. Musk said the planned Tesla-SpaceX “Terafab” is targeting volume chip production in 2028. The project could eventually support Tesla’s autonomy, robotics and AI-computing goals, although it remains a distant and capital-intensive opportunity. SpaceX and Tesla Terafab article
• Positive Sentiment: Deliveries exceeded expectations. Tesla delivered 486,532 vehicles in the third quarter, reportedly 5.3% above forecasts. A Cantor analyst also raised revenue estimates and maintained a $485 price target, citing deliveries and Tesla’s AI initiatives. Options positioning similarly suggested traders expect further upside after earnings. Tesla Q3 delivery report
• Neutral Sentiment: Earnings are the next major catalyst. Tesla is scheduled to report after Wednesday’s close. Analysts generally expect revenue to be roughly flat or slightly lower year over year and EPS to decline, with investors watching automotive margins, free cash flow, pricing and management’s comments on Cybercab, robotaxis and Optimus. Tesla Q3 preview
• Negative Sentiment: Underlying demand and profitability remain concerns. China-made Tesla vehicle sales rose because exports increased 58%, while domestic sales fell 9%, highlighting competitive and pricing pressure. Analysts also expect lower quarterly profits, and the Roadster’s limited production potential and unresolved regulatory hurdles make it unlikely to materially improve near-term earnings. Tesla Roadster analysis

Tesla Trading Up 1.5%

TSLA opened at $373.71 on Wednesday. The company has a market cap of $1.48 trillion, a P/E ratio of 346.03, a PEG ratio of 23.37 and a beta of 1.92. 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 company's 50 day moving average is $361.54 and its 200-day moving average is $376.97. 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 released its quarterly earnings data on Thursday, July 23rd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.50 by ($0.17). The company 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%. Tesla's revenue for the quarter was up 25.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.33 earnings per share. Equities research analysts predict that Tesla, Inc. will post 0.71 earnings per share for the current fiscal year.

About Tesla

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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