Tesla, Inc. $TSLA Stock Holdings Lessened by Nuveen LLC

Nuveen LLC reduced its stake in Tesla, Inc. (NASDAQ:TSLA) by 2.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,192,551 shares of the electric vehicle producer’s stock after selling 350,541 shares during the quarter. Tesla comprises approximately 1.6% of Nuveen LLC’s portfolio, making the stock its 9th biggest holding. Nuveen LLC’s holdings in Tesla were worth $5,932,954,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Xponance LLC lifted its position in shares of Tesla by 1.7% in the fourth quarter. Xponance LLC now owns 710,522 shares of the electric vehicle producer’s stock valued at $319,536,000 after acquiring an additional 11,850 shares in the last quarter. UniSuper Management Pty Ltd boosted its position in Tesla by 72.2% during the fourth quarter. UniSuper Management Pty Ltd now owns 505,330 shares of the electric vehicle producer’s stock worth $227,257,000 after acquiring an additional 211,915 shares during the last quarter. Canopy Partners LLC boosted its position in Tesla by 1.5% during the fourth quarter. Canopy Partners LLC now owns 5,441 shares of the electric vehicle producer’s stock worth $2,447,000 after acquiring an additional 79 shares during the last quarter. Keel Point LLC boosted its position in Tesla by 1.6% during the fourth quarter. Keel Point LLC now owns 55,683 shares of the electric vehicle producer’s stock worth $25,042,000 after acquiring an additional 892 shares during the last quarter. Finally, Graetz Wealth LLC acquired a new stake in Tesla during the fourth quarter worth approximately $436,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla secured approval to expand Full Self-Driving in Belgium, adding momentum to its European autonomy rollout and supporting the long-term software revenue story.
• Positive Sentiment: Coverage of Tesla’s Austin robotaxi rollout and improving analyst views on autonomy are strengthening the bull case for future AI-driven growth.
• Positive Sentiment: SpaceX IPO excitement may be reducing some of the recent selling pressure on TSLA as investors reassess Musk-related capital rotation.
• Neutral Sentiment: Analyst commentary remains split on valuation, with bulls focused on autonomy and robotics while bears argue Tesla still looks expensive versus current earnings.
• Neutral Sentiment: Tesla CFO Vaibhav Taneja’s recent share sale was disclosed as tax withholding tied to equity awards, which is typically a routine insider transaction.
• Negative Sentiment: Some articles noted that TSLA remains volatile as traders weigh whether SpaceX hype is distracting from Tesla’s core EV business and execution.

Insiders Place Their Bets

In other news, CFO Vaibhav Taneja sold 3,000 shares of the firm’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total value of $1,350,000.00. Following the transaction, the chief financial officer owned 18,106 shares of the company’s stock, valued at approximately $8,147,700. This trade represents a 14.21% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 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 the firm’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $378.11, for a total transaction 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. 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. In the last three months, insiders sold 57,824 shares of company stock worth $21,657,588. Insiders own 19.90% of the company’s stock.

Tesla Stock Up 4.6%

Shares of TSLA opened at $399.15 on Friday. The firm has a market cap of $1.50 trillion, a PE ratio of 366.19, a price-to-earnings-growth ratio of 15.29 and a beta of 1.80. The company’s fifty day moving average is $397.84 and its two-hundred day moving average is $416.08. Tesla, Inc. has a fifty-two week low of $288.77 and a fifty-two week 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.

Tesla (NASDAQ:TSLA) last issued its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The business had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.96 billion. During the same quarter last year, the firm posted $0.27 EPS. The business’s revenue for the quarter was up 15.8% compared to the same quarter last year. Analysts forecast that Tesla, Inc. will post 1.19 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Tesla in a research report on Friday, April 24th. Needham & Company LLC restated a “hold” rating on shares of Tesla in a research report on Thursday, April 23rd. Cantor Fitzgerald restated an “overweight” rating on shares of Tesla in a research report on Monday, June 1st. Erste Group Bank upgraded shares of Tesla from a “sell” rating to a “hold” rating in a research report on Friday, June 5th. Finally, BTIG Research lowered shares of Tesla to a “neutral” rating in a research report on Friday, June 5th. Twenty-two investment analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $404.37.

Tesla Company 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.