Worthington Financial Partners LLC Takes $1.31 Million Position in Tesla, Inc. $TSLA

Key Points

• Worthington Financial Partners LLC opened a new position in Tesla during the fourth quarter, buying 2,903 shares valued at about $1.31 million. Tesla now makes up 1.2% of the firm’s portfolio.
• Institutional ownership in Tesla remains high at 66.2%, and several other funds also recently added small stakes in the stock. This suggests continued interest from professional investors despite the stock’s volatility.
• Analysts are still mixed on Tesla: the consensus rating is Hold with an average target price of $404.37. The company also posted mixed quarterly results, beating EPS estimates but slightly missing revenue expectations.

Worthington Financial Partners LLC purchased a new stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 2,903 shares of the electric vehicle producer's stock, valued at approximately $1,306,000. Tesla comprises 1.2% of Worthington Financial Partners LLC's portfolio, making the stock its 26th largest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Networth Advisors LLC acquired a new stake in shares of Tesla during the 4th quarter worth approximately $26,000. Chapman Financial Group LLC acquired a new position in Tesla in the second quarter valued at approximately $26,000. Davidson Capital Management Inc. lifted its holdings in Tesla by 79.4% in the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock valued at $27,000 after buying an additional 27 shares during the period. Prism Advisors Inc. bought a new position in Tesla in the fourth quarter valued at approximately $30,000. Finally, Turning Point Benefit Group Inc. acquired a new stake in Tesla during the 3rd quarter worth $30,000. 66.20% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several analysts have commented on TSLA shares. Oppenheimer reissued a "market perform" rating on shares of Tesla in a research note on Thursday, June 11th. Jefferies Financial Group reaffirmed a "neutral" rating on shares of Tesla in a research note on Wednesday, April 22nd. Truist Financial cut their target price on Tesla from $438.00 to $400.00 and set a "hold" rating on the stock in a research note on Thursday, April 2nd. China Renaissance reduced their target price on Tesla from $382.00 to $372.00 and set a "hold" rating on the stock in a report on Monday, April 27th. Finally, Deutsche Bank Aktiengesellschaft started coverage on Tesla in a research report on Friday, June 5th. They set a "buy" rating for the company. Twenty-one research analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and five have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $404.37.

Tesla Price Performance

TSLA opened at $400.49 on Friday. The stock has a market cap of $1.50 trillion, a P/E ratio of 367.42, a P/E/G ratio of 16.01 and a beta of 1.80. Tesla, Inc. has a 12 month low of $288.77 and a 12 month high of $498.83. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The company has a fifty day simple moving average of $403.33 and a 200 day simple moving average of $415.26.

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

Insider Activity

In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of the business's stock in a transaction that occurred on 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 approximately $18,300,145.89. The trade was a 35.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the firm's stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total transaction of $1,350,000.00. Following the sale, the chief financial officer owned 18,106 shares in the company, valued at $8,147,700. This trade represents a 14.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 57,824 shares of company stock worth $21,657,588 in the last quarter. 19.90% of the stock is currently owned by company insiders.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Elon Musk exercised stock options that lifted his Tesla ownership to 19.9%, reinforcing alignment with shareholders and signaling confidence in the company’s long-term strategy.
• Positive Sentiment: ARK Invest, led by Cathie Wood, bought more Tesla shares, adding to a broader bullish narrative around TSLA as an AI and autonomous-driving leader. Article Title
• Positive Sentiment: Analysts and commentary continue to frame Tesla as more than an EV maker, highlighting its AI, robotaxi, and robotics ambitions, which supports the stock’s premium valuation.
• Neutral Sentiment: Tesla received approval for supervised FSD in Denmark, a modest positive for its European rollout, but the approval is still limited and does not remove broader regulatory hurdles.
• Negative Sentiment: Reuters reported that Sweden may push back against Tesla’s supervised self-driving rollout in Europe unless speed-limit behavior is changed, creating a potential roadblock for FSD expansion. Article Title
• Negative Sentiment: Additional reports flagged “fresh FSD roadblock” concerns in Europe, keeping investor focus on regulatory risk rather than near-term software monetization.

Tesla Profile

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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