Harel Insurance Investments & Financial Services Ltd. Grows Stake in Tesla, Inc. $TSLA

Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 137.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 27,246 shares of the electric vehicle producer’s stock after purchasing an additional 15,790 shares during the quarter. Harel Insurance Investments & Financial Services Ltd.’s holdings in Tesla were worth $10,129,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of TSLA. Networth Advisors LLC bought a new position in Tesla during the 4th quarter valued at about $26,000. Chapman Financial Group LLC bought a new stake in shares of Tesla during the 2nd quarter valued at $26,000. Davidson Capital Management Inc. increased its position in Tesla by 79.4% in the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock worth $27,000 after buying an additional 27 shares in the last quarter. Friedenthal Financial raised its stake in Tesla by 66.7% during the 1st quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock worth $28,000 after acquiring an additional 30 shares during the period. Finally, Prism Advisors Inc. bought a new stake in shares of Tesla during the 4th quarter valued at $30,000. Institutional investors own 66.20% of the company’s stock.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Wall Street analysts have raised Tesla price targets ahead of Q2 earnings, signaling improved near-term expectations and supporting the stock. Three Price Target Boosts Can’t Help Tesla Stock
• Positive Sentiment: Multiple previews say Tesla could beat Q2 earnings estimates, helped by stronger deliveries and energy storage momentum. TSLA Q2 Earnings Beat Likely: Why the Stock Still Isn’t a Buy
• Positive Sentiment: Retail investors are buying TSLA ahead of earnings, and options traders expect a meaningful post-results move, which can lift trading interest. Retail Investors Charge Into Tesla Stock (TSLA) Ahead of Q2 Earnings
• Positive Sentiment: New operational stories, including a Tesla Semi evaluation partnership and a “Guaranteed Future Value” buying program, suggest ongoing product and demand support. Tesla, Paper Transport partner on electric semi evaluation in Chicago
• Neutral Sentiment: Investors are also watching Tesla’s AI, robotaxi, and robotics ambitions, which could matter more than near-term EV sales if management gives credible updates. Tesla (TSLA) Stock: Analysts Eye July 22 Q2 Earnings as AI Ambitions Overshadow EV Sales
• Negative Sentiment: Wells Fargo kept a bearish tone despite lifting its target, warning Tesla’s valuation could fall sharply if growth disappoints. Wells Fargo Raised Its Tesla Stock Target, but Still Sees a 67% Drop
• Negative Sentiment: The NTSB confirmed a fatal crash involved the driver pressing the accelerator fully, a reminder that safety and Full Self-Driving scrutiny remain headline risks for TSLA. Tesla driver in fatal Texas crash pressed accelerator 100%, NTSB confirms

Wall Street Analyst Weigh In

Several equities analysts have recently commented on TSLA shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Tesla in a report on Tuesday, June 30th. BNP Paribas Exane cut Tesla from a “hold” rating to an “underperform” rating in a report on Friday, June 5th. HSBC reiterated a “hold” rating on shares of Tesla in a report on Monday, June 15th. China Renaissance reduced their target price on Tesla from $382.00 to $372.00 and set a “hold” rating on the stock in a research note on Monday, April 27th. Finally, Truist Financial lifted their price target on shares of Tesla from $400.00 to $430.00 and gave the company a “hold” rating in a research note on Thursday, July 2nd. Twenty-one equities research analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $408.07.

Tesla Price Performance

Shares of TSLA opened at $394.35 on Thursday. 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 market cap of $1.48 trillion, a price-to-earnings ratio of 361.79, a price-to-earnings-growth ratio of 14.51 and a beta of 1.80. Tesla, Inc. has a twelve month low of $297.82 and a twelve month high of $498.83. The company has a 50 day moving average of $410.77 and a two-hundred day moving average of $406.77.

Tesla (NASDAQ:TSLA) last announced its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.02. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.96 billion. During the same period in the prior year, the company posted $0.27 EPS. The firm’s quarterly revenue was up 15.8% compared to the same quarter last year. As a group, analysts predict that Tesla, Inc. will post 1.3 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of the company’s stock in a transaction 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 transaction, the director directly owned 48,399 shares of the company’s stock, valued at $18,300,145.89. This represents a 35.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 2,606 shares of the firm’s 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 of the company’s stock, valued at $8,864,085.80. This trade represents a 10.57% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 32,015 shares of company stock worth $12,383,640 over the last three months. Corporate insiders own 19.90% of the company’s stock.

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.