Tesla, Inc. $TSLA Shares Sold by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. reduced its holdings in Tesla, Inc. (NASDAQ:TSLA) by 4.8% in the 3rd quarter, Holdings Channel reports. The fund owned 1,415,282 shares of the electric vehicle producer’s stock after selling 71,935 shares during the period. Tesla makes up about 1.3% of Eurizon Capital SGR S.p.A.’s portfolio, making the stock its 14th biggest position. Eurizon Capital SGR S.p.A.’s holdings in Tesla were worth $501,885,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Bamco Inc. NY grew its position in Tesla by 5.0% in the second quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock worth $5,267,911,000 after acquiring an additional 591,243 shares in the last quarter. One Plus One Wealth Management LLC bought a new position in shares of Tesla during the 2nd quarter valued at $1,009,000. Bessemer Group Inc. lifted its stake in shares of Tesla by 23.6% in the 1st quarter. Bessemer Group Inc. now owns 56,240 shares of the electric vehicle producer’s stock valued at $20,908,000 after purchasing an additional 10,747 shares during the last quarter. H&H International Investment LLC acquired a new stake in shares of Tesla in the 1st quarter valued at $1,267,259,000. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in Tesla by 12.4% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 43,600 shares of the electric vehicle producer’s stock worth $15,470,000 after purchasing an additional 4,806 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total transaction of $938,498.78. Following the completion of 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 insiders.

Tesla Stock Up 1.7%

Tesla stock opened at $397.45 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.74 and a quick ratio of 1.39. Tesla, Inc. has a fifty-two week low of $297.38 and a fifty-two week high of $498.83. The firm has a fifty day moving average price of $374.47 and a two-hundred day moving average price of $383.25. The firm has a market cap of $1.57 trillion, a price-to-earnings ratio of 535.40, a P/E/G ratio of 24.21 and a beta of 1.74.

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

Wall Street Analyst Weigh In

Several equities analysts have commented on TSLA shares. Royal Bank Of Canada downgraded shares of Tesla from an “outperform” rating to a “sector perform” rating in a research report on Thursday, October 22nd. Morgan Stanley raised Tesla from a “reduce” rating to an “overweight” rating in a research report on Monday, October 26th. BMO Capital Markets assumed coverage on Tesla in a research note on Monday, August 17th. They set an “outperform” rating for the company. Mizuho increased their price objective on Tesla from $450.00 to $460.00 and gave the company an “outperform” rating in a report on Thursday, October 22nd. Finally, Jefferies Financial Group downgraded Tesla from a “strong-buy” rating to a “hold” rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, twenty-six have given a Buy rating, seventeen have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Tesla has an average rating of “Moderate Buy” and an average price target of $414.51.

Tesla News Roundup

Here’s some of the latest news about TSLA:

• Positive Sentiment: Progress in autonomy offers another potential growth narrative: Finland approved Tesla’s assisted-driving system, adding to the countries permitting it ahead of a broader EU decision. Tesla also says its Robotaxi service now runs around the clock in active cities, and reports say its registered Texas fleet has surpassed Waymo’s. Commercial scale and profitability have yet to be demonstrated. Article: Finland approves Tesla’s Assisted Driving system Article: Tesla Robotaxi 24/7 operations
• Neutral Sentiment: Tesla plans to wind down Cybertruck production by summer 2027 and shift Texas capacity toward Cybercab, while CEO Elon Musk says production will continue to address the existing backlog. The pivot could free resources for autonomy, but its payoff depends on Cybercab execution and demand. Article: Tesla’s Plan to End Cybertruck Reveals Its Real Priorities
• Negative Sentiment: Bearish commentary points to Tesla’s rich valuation and limited near-term profit growth. A separate report says Musk’s proposed chip-building ambitions could require enormous investment—potentially beyond Tesla’s cash-flow capacity—raising questions about funding and returns. Article: Tesla valuation downgrade Article: Musk’s chip plan and Tesla cash flow

Tesla Company Profile

Tesla, Inc. designs, develops, manufactures and sells electric vehicles and energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y and Cybertruck, along with related software and services. The company also provides energy generation and storage products, including solar systems, Powerwall home batteries and Megapack utility-scale storage. Its services include vehicle maintenance, charging through the Supercharger network and software features for its vehicles. Founded in 2003 and headquartered in Austin, Texas, Tesla serves customers in markets around the world.