Tesla, Inc. $TSLA Shares Bought by MML Investors Services LLC

MML Investors Services LLC raised its holdings in Tesla, Inc. (NASDAQ:TSLA) by 7.8% during the 4th quarter, Holdings Channel reports. The firm owned 364,557 shares of the electric vehicle producer’s stock after buying an additional 26,534 shares during the quarter. MML Investors Services LLC’s holdings in Tesla were worth $163,949,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Networth Advisors LLC purchased a new position in shares of Tesla in the fourth quarter valued at approximately $26,000. Chapman Financial Group LLC purchased a new position in shares of Tesla in the second quarter valued at approximately $26,000. Davidson Capital Management Inc. lifted its position in shares of 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 acquiring an additional 27 shares in the last quarter. Prism Advisors Inc. purchased a new position in shares of Tesla in the fourth quarter valued at approximately $30,000. Finally, Turning Point Benefit Group Inc. purchased a new position in shares of Tesla in the third quarter valued at approximately $30,000. 66.20% of the stock is owned by institutional investors and hedge funds.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla is still benefiting from its autonomy and AI story, with reports highlighting its unsupervised robotaxi rollout and expanded Full Self-Driving approvals in Europe, including Belgium and Denmark. Tesla Robotaxi Rollout And FSD Expansion Test Rich Valuation Narrative
• Positive Sentiment: Some analysts remain constructive on Tesla’s long-term growth, pointing to underappreciated opportunities in autonomous vehicles, humanoid robotics, and energy storage, which supports the bull case despite near-term volatility. JPMorgan Echoes Why Tesla, Inc. (TSLA) is One of the Best Forever Stocks to Buy
• Neutral Sentiment: There is also ongoing merger speculation between Tesla and SpaceX, with Gwynne Shotwell saying a tie-up “might make Elon’s life a little easier,” but this remains highly speculative and not an immediate business catalyst. SpaceX COO Shotwell says Tesla tie-up ‘might make Elon’s life a little easier’
• Neutral Sentiment: New articles comparing Tesla with BYD and discussing how SpaceX’s debut compares with Tesla’s history are mostly narrative-driven and do not change Tesla’s fundamentals by themselves. Is it too late to buy SpaceX’s stock? Here’s how Tesla’s did after one day and five years.
• Negative Sentiment: Multiple pieces say Tesla may be losing investor attention to SpaceX, with fears that capital is being redirected to the high-profile IPO; that dynamic has weighed on TSLA sentiment. What’s Going On With Tesla Stock Friday
• Negative Sentiment: Bearish commentary also remains in the background, including a Glj Research “sell” reaffirmation and articles arguing Tesla’s battery advantage is thinning, which adds pressure on valuation concerns. Tesla: The Battery Moat Is Becoming Thinner

Tesla Stock Performance

Shares of Tesla stock opened at $406.43 on Monday. Tesla, Inc. has a one year low of $288.77 and a one year high of $498.83. The company has a market cap of $1.53 trillion, a price-to-earnings ratio of 372.87, a PEG ratio of 16.25 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. The business’s 50 day moving average price is $398.35 and its 200 day moving average price is $416.00.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, topping 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 for the quarter, compared to the consensus estimate of $22.96 billion. During the same quarter last year, the business posted $0.27 earnings per share. The firm’s revenue was up 15.8% compared to the same quarter last year. On average, research analysts predict that Tesla, Inc. will post 1.19 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on TSLA. BTIG Research downgraded Tesla to a “neutral” rating in a research report on Friday, June 5th. China Renaissance decreased their target price on Tesla from $382.00 to $372.00 and set a “hold” rating on the stock in a research report on Monday, April 27th. The Goldman Sachs Group began coverage on Tesla in a research report on Friday, June 5th. They issued a “buy” rating on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Tesla in a research report on Friday, April 24th. Finally, Zacks Research upgraded Tesla from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 28th. Twenty-two investment analysts have rated the stock with a Buy rating, seventeen have assigned a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat.com, Tesla has a consensus rating of “Hold” and an average target price of $404.37.

Insider Buying and Selling

In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of Tesla stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the transaction, the director owned 48,399 shares in the company, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of Tesla stock in a transaction that occurred on Wednesday, May 13th. The stock was 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 in the company, valued at approximately $8,147,700. The trade was a 14.21% decrease in their position. 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. In the last quarter, insiders have sold 57,824 shares of company stock worth $21,657,588. 19.90% of the stock is currently owned by company insiders.

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.