Tesla, Inc. $TSLA Stock: Kestra Advisory Services LLC Increases Stake

Kestra Advisory Services LLC increased its holdings in Tesla, Inc. (NASDAQ:TSLA) by 2.9% in the third quarter, HoldingsChannel.com reports. The fund owned 330,606 shares of the electric vehicle producer’s stock after acquiring an additional 9,255 shares during the period. Kestra Advisory Services LLC’s holdings in Tesla were worth $117,302,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. Security National Bank of Sioux City Iowa IA purchased a new stake in shares of Tesla in the 2nd quarter worth about $25,000. Harborfront Financial Group LLC purchased a new position in shares of Tesla during the second quarter valued at about $34,000. Montgomery Financial Services LLC purchased a new position in shares of Tesla during the second quarter valued at about $40,000. Timbuktu Capital Management LLC bought a new position in Tesla in the second quarter worth about $42,000. Finally, Navigoe LLC bought a new position in Tesla in the second quarter worth about $45,000. Institutional investors own 66.20% of the company’s stock.

Tesla Trading Down 10.8%

NASDAQ:TSLA opened at $343.69 on Friday. Tesla, Inc. has a one year low of $297.38 and a one year high of $498.83. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.74 and a quick ratio of 1.39. The company’s 50-day simple moving average is $372.07 and its 200 day simple moving average is $384.65. The firm has a market capitalization of $1.36 trillion, a P/E ratio of 377.69, a PEG ratio of 23.86 and a beta of 1.74.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings data on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.02. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The business had revenue of $28.05 billion for the quarter, compared to analysts’ expectations of $28.06 billion. During the same quarter in the prior year, the company earned $0.50 earnings per share. The business’s revenue was down .2% compared to the same quarter last year. As a group, analysts forecast that Tesla, Inc. will post 0.67 EPS for the current fiscal year.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla registrations reportedly jumped in several European markets, including a 248% increase in Sweden, as higher fuel prices may be encouraging EV purchases. However, Chinese rivals are also gaining ground. Tesla registrations in Europe
• Neutral Sentiment: Tesla opened a Berlin engineering center and has expanded its Robotaxi service to Fort Worth, with FSD subscriptions reportedly above 1.7 million. These are potential longer-term growth drivers, but investors are questioning how much of the autonomy opportunity is already reflected in the stock’s valuation. Tesla opens Berlin engineering center Robotaxi valuation
• Negative Sentiment: The main near-term catalyst is the Democratic sweep in the midterms, including gains in Texas. Investors fear increased investigations and stricter oversight could complicate Tesla’s data-center and AI ambitions, while also adding uncertainty to a possible Tesla–SpaceX merger. Election results and Tesla’s outlook
• Negative Sentiment: Merger concerns are compounded by possible dilution: investor Gary Black warned that a reported premium in an all-stock deal could quickly disappear if the companies’ shares fall. Investor warns on merger premium
• Negative Sentiment: Investors are also weighing Tesla’s elevated valuation against pressured earnings and margins and rising spending. GLJ Research reaffirmed its “sell” rating, reinforcing concerns that expectations for Robotaxi and Optimus may be running ahead of current results. GLJ Research rating

Insider Activity at Tesla

In related news, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the sale, the chief financial officer owned 25,972 shares in the company, valued at $9,353,296.36. This represents a 9.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Robert W. Baird set a $475.00 target price on Tesla in a report on Monday, July 27th. Tigress Financial started coverage on Tesla in a research note on Thursday, October 22nd. They issued a “buy” rating for the company. Mizuho lifted their price target on Tesla from $450.00 to $460.00 and gave the company an “outperform” rating in a research report on Thursday, October 22nd. Citigroup restated a “neutral” rating on shares of Tesla in a research report on Wednesday, October 21st. Finally, Wells Fargo & Company reiterated a “buy” rating on shares of Tesla in a report on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, sixteen have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $414.51.

About Tesla

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.