Tesla, Inc. $TSLA Stock Holdings Trimmed by Brookstone Capital Management

Key Points

• Brookstone Capital Management trimmed its Tesla stake by 7.0% in the first quarter, selling 8,237 shares and leaving it with 109,528 shares worth about $40.7 million.
• Tesla reported Q1 earnings of $0.41 per share, beating analyst expectations, though revenue of $22.39 billion came in slightly below forecasts. Revenue still rose 15.8% year over year.
• Wall Street remains mixed on Tesla: analysts currently have a consensus “Hold” rating and an average price target of about $405, while insider selling and a federal probe into an Autopilot-related crash add to investor caution.

Brookstone Capital Management lessened its holdings in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 7.0% in the first quarter, according to its most recent filing with the SEC. The firm owned 109,528 shares of the electric vehicle producer's stock after selling 8,237 shares during the quarter. Brookstone Capital Management's holdings in Tesla were worth $40,717,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Brighton Jones LLC grew its position in Tesla by 11.8% in the 4th quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer's stock valued at $35,509,000 after buying an additional 9,293 shares in the last quarter. Revolve Wealth Partners LLC raised its position in shares of Tesla by 21.2% during the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer's stock worth $2,147,000 after buying an additional 931 shares in the last quarter. Bison Wealth LLC raised its position in shares of Tesla by 52.2% during the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer's stock worth $4,187,000 after buying an additional 3,558 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in shares of Tesla by 9.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 12,135 shares of the electric vehicle producer's stock worth $3,855,000 after acquiring an additional 1,011 shares during the period. Finally, AGP Franklin LLC boosted its holdings in shares of Tesla by 21.2% in the second quarter. AGP Franklin LLC now owns 4,861 shares of the electric vehicle producer's stock valued at $1,544,000 after acquiring an additional 851 shares in the last quarter. Institutional investors own 66.20% of the company's stock.

Tesla Price Performance

NASDAQ TSLA opened at $405.05 on Tuesday. Tesla, Inc. has a 1 year low of $288.77 and a 1 year high of $498.83. The business's fifty day moving average is $404.52 and its two-hundred day moving average is $414.98. The stock has a market capitalization of $1.52 trillion, a P/E ratio of 371.61, a P/E/G ratio of 16.01 and a beta of 1.80. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.04.

Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.39 by $0.02. The business had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company's revenue was up 15.8% compared to the same quarter last year. During the same period last year, the company posted $0.27 EPS. On average, research analysts forecast that Tesla, Inc. will post 1.19 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Needham & Company LLC reiterated a "hold" rating on shares of Tesla in a research note on Thursday, April 23rd. TD Cowen restated a "buy" rating and issued a $490.00 target price on shares of Tesla in a research report on Thursday, June 4th. DZ Bank raised Tesla from a "sell" rating to a "hold" rating and set a $385.00 price target for the company in a research note on Friday, April 24th. Jefferies Financial Group boosted their price objective on Tesla from $350.00 to $375.00 and gave the stock a "hold" rating in a research note on Monday. Finally, Mizuho cut their price objective on Tesla from $540.00 to $480.00 and set an "outperform" rating for the company in a report on Thursday, April 23rd. Twenty-one investment analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and five have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $405.06.

Insider Buying and Selling at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction on Monday, June 8th. The stock was sold at an average price of $402.20, for a total value of $1,048,133.20. Following the completion of the transaction, the chief financial officer owned 22,039 shares in the company, valued at $8,864,085.80. This trade represents a 10.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the transaction, the director directly owned 48,399 shares in the company, valued at $18,300,145.89. This represents a 35.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 57,824 shares of company stock valued at $21,657,588. 19.90% of the stock is currently owned by company insiders.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s new “Megapod” trademark filing is being viewed as a possible move into AI data-center hardware, reinforcing the bull case that TSLA could benefit from high-growth AI infrastructure opportunities. Tesla Shares Surge After Megapod Trademark Filing
• Positive Sentiment: Reports that Tesla’s Semi is generating strong interest and showing encouraging results suggest another potential growth avenue outside the core passenger EV business. A Little Good News for Tesla's Big Forgotten Product
• Neutral Sentiment: Analyst commentary today was mixed: Jefferies kept a Hold/Neutral view and raised its price target, signaling Tesla still has supporters but also limited near-term upside at current levels. Jefferies adjusts price target on Tesla
• Neutral Sentiment: Broader market coverage noted Tesla was outperforming a weak market as investors looked past the SpaceX pullback and stayed focused on Tesla’s long-term AI narrative. Why Tesla stock is beating the broader market today
• Negative Sentiment: Federal regulators opened a new investigation into a fatal Texas crash involving a Tesla Model 3, after the driver said Autopilot was active; that raises fresh safety, legal, and reputational risks for TSLA’s self-driving business. Tesla faces federal probe after Model 3 slams into Texas home
• Negative Sentiment: Additional coverage of the crash and the related federal probe keeps pressure on Tesla’s Autopilot/FSD credibility and could weigh on sentiment if the investigation expands. Tesla pushes back on Autopilot narrative after fatal Texas crash

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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