Rep. Josh Gottheimer Purchases Shares of Tesla, Inc. (NASDAQ:TSLA)

Representative Josh Gottheimer (D-New Jersey) recently bought shares of Tesla, Inc. NASDAQ: TSLA. In a filing disclosed on June 11th, the Representative disclosed that they had bought between $1,001 and $15,000 in Tesla stock on May 29th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 6/25/2025.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 6/25/2025.
• Sold $1,001 - $15,000 in shares of ConocoPhillips NYSE: COP on 6/24/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 6/24/2025.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 6/24/2025.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 6/20/2025.
• Purchased $1,001 - $15,000 in shares of Cloudflare NYSE: NET on 6/20/2025.
• Purchased $1,001 - $15,000 in shares of Carvana NYSE: CVNA on 6/20/2025.
• Sold $1,001 - $15,000 in shares of McDonald's NYSE: MCD on 6/20/2025.

Tesla Price Performance

NASDAQ:TSLA traded up $0.64 during mid-day trading on Monday, reaching $330.29. 56,169,107 shares of the company were exchanged, compared to its average volume of 98,767,293. The stock has a market cap of $1.06 trillion, a PE ratio of 181.56, a PEG ratio of 12.56 and a beta of 2.39. The company has a quick ratio of 1.54, a current ratio of 2.00 and a debt-to-equity ratio of 0.07. Tesla, Inc. has a 12 month low of $182.00 and a 12 month high of $488.54. The company has a fifty day moving average of $326.27 and a 200 day moving average of $316.26.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The electric vehicle producer reported $0.27 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by ($0.26). Tesla had a return on equity of 9.02% and a net margin of 6.66%. The company had revenue of $19.34 billion during the quarter, compared to the consensus estimate of $22.93 billion. During the same quarter in the prior year, the business earned $0.45 earnings per share. On average, research analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently weighed in on TSLA shares. Truist Financial set a $280.00 price objective on shares of Tesla in a research note on Tuesday, April 22nd. Baird R W downgraded shares of Tesla from a "strong-buy" rating to a "hold" rating in a report on Monday, June 9th. Glj Research reiterated a "sell" rating and issued a $19.05 price objective (down from $24.86) on shares of Tesla in a report on Monday, April 21st. Needham & Company LLC reissued a "hold" rating on shares of Tesla in a research report on Wednesday, April 23rd. Finally, Bank of America upped their price objective on shares of Tesla from $305.00 to $341.00 and gave the company a "neutral" rating in a report on Monday. Ten investment analysts have rated the stock with a sell rating, fourteen have assigned a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, Tesla has a consensus rating of "Hold" and an average price target of $298.97.

Hedge Funds Weigh In On Tesla

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Oriental Harbor Investment Fund purchased a new stake in Tesla in the 2nd quarter worth approximately $63,013,000. Synergy Asset Management LLC boosted its stake in Tesla by 51.8% during the second quarter. Synergy Asset Management LLC now owns 89,649 shares of the electric vehicle producer's stock worth $28,478,000 after buying an additional 30,609 shares during the period. Mattern Capital Management LLC boosted its position in Tesla by 15.2% in the 2nd quarter. Mattern Capital Management LLC now owns 4,969 shares of the electric vehicle producer's stock valued at $1,578,000 after buying an additional 655 shares during the period. Ashton Thomas Securities LLC boosted its holdings in shares of Tesla by 0.6% in the second quarter. Ashton Thomas Securities LLC now owns 12,219 shares of the electric vehicle producer's stock valued at $3,881,000 after purchasing an additional 78 shares during the period. Finally, 25 LLC increased its holdings in Tesla by 3.6% during the 2nd quarter. 25 LLC now owns 2,358 shares of the electric vehicle producer's stock worth $749,000 after purchasing an additional 82 shares during the period. Institutional investors own 66.20% of the company's stock.

Insider Transactions at Tesla

In other Tesla news, SVP Xiaotong Zhu sold 15,000 shares of Tesla stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $323.81, for a total value of $4,857,150.00. Following the transaction, the senior vice president owned 67,600 shares in the company, valued at $21,889,556. The trade was a 18.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kimbal Musk sold 91,588 shares of Tesla stock in a transaction dated Tuesday, May 27th. The shares were sold at an average price of $357.39, for a total value of $32,732,635.32. Following the completion of the transaction, the director owned 1,463,220 shares in the company, valued at $522,940,195.80. This trade represents a 5.89% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 835,509 shares of company stock valued at $279,420,485. Insiders own 20.70% of the company's stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election. Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

About Tesla

Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

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