Gamco Investors INC. ET AL Grows Position in Tesla, Inc. $TSLA

Gamco Investors INC. ET AL raised its position in Tesla, Inc. (NASDAQ:TSLA) by 4.9% during the first quarter, HoldingsChannel.com reports. The firm owned 51,099 shares of the electric vehicle producer’s stock after purchasing an additional 2,368 shares during the period. Gamco Investors INC. ET AL’s holdings in Tesla were worth $18,996,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Vanguard Group Inc. boosted its holdings in Tesla by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock valued at $116,443,762,000 after acquiring an additional 6,538,720 shares during the period. State Street Corp increased its stake in Tesla by 0.9% in the fourth quarter. State Street Corp now owns 114,842,934 shares of the electric vehicle producer’s stock worth $51,647,164,000 after purchasing an additional 1,080,085 shares during the period. Geode Capital Management LLC lifted its position in shares of Tesla by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 65,700,975 shares of the electric vehicle producer’s stock worth $29,426,070,000 after purchasing an additional 375,946 shares during the last quarter. Norges Bank bought a new stake in shares of Tesla during the fourth quarter worth $17,128,100,000. Finally, Corient Private Wealth LLC boosted its stake in shares of Tesla by 3,205.5% during the fourth quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock valued at $9,650,811,000 after purchasing an additional 20,810,386 shares during the period. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Record quarterly revenue and deliveries show Tesla is still growing its top line. Tesla Just Delivered Record Sales—So Why Did the Stock Sell Off?
• Positive Sentiment: Some investors remain bullish on the long term, with ARK/Cathie Wood buying the dip after the post-earnings slump. Cathie Wood’s Ark Bought the Dip in Tesla Stock
• Neutral Sentiment: Tesla continued to promote robotaxi and Optimus progress, but the market appears to want tangible revenue and execution milestones before rewarding those ambitions. Musk’s bad week: Tesla suffers worst slump since 2022, SpaceX drops ahead of Starship test flight
• Negative Sentiment: Q2 earnings missed expectations, and Tesla reported negative free cash flow as spending surged. Tesla’s once-bullish tone on robotaxis shifts
• Negative Sentiment: Management’s large 2026 capex plan and AI spending push are spooking investors over margins and cash burn. Tesla sees a $200 billion wipeout as investors pan Musk’s plan to spend ‘as fast as we can’
• Negative Sentiment: Analysts have been lowering price targets following the report, reflecting near-term profitability concerns. Tesla Stock Plunges as Analysts Slash Price Targets after Q2 Earnings Miss

Insider Activity at Tesla

In other Tesla news, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction 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 sale, the director owned 48,399 shares of the company’s stock, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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 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 completion of the transaction, the chief financial officer owned 18,106 shares in the company, valued at $8,147,700. This represents a 14.21% decrease in their ownership of the stock. 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. Over the last three months, insiders have sold 32,015 shares of company stock worth $12,383,640. 19.90% of the stock is currently owned by corporate insiders.

Tesla Stock Down 2.1%

Shares of Tesla stock opened at $313.03 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.94 and a quick ratio of 1.62. The stock has a market cap of $1.18 trillion, a price-to-earnings ratio of 289.85, a PEG ratio of 10.51 and a beta of 1.80. The firm’s 50-day moving average is $400.74 and its two-hundred day moving average is $402.53. Tesla, Inc. has a 1 year low of $297.82 and a 1 year high of $498.83.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 EPS for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a net margin of 3.67% and a return on equity of 3.82%. The business had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. During the same quarter in the prior year, the firm posted $0.33 EPS. The company’s revenue for the quarter was up 25.5% compared to the same quarter last year. As a group, research analysts expect that Tesla, Inc. will post 1.33 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently commented on TSLA shares. Piper Sandler reduced their price target on shares of Tesla from $500.00 to $450.00 and set an “overweight” rating on the stock in a research note on Friday. DZ Bank raised shares of Tesla from a “hold” rating to a “strong-buy” rating in a research report on Thursday. Roth Capital reaffirmed a “buy” rating and set a $505.00 target price on shares of Tesla in a research report on Thursday. Guggenheim started coverage on shares of Tesla in a research note on Monday, June 29th. They set a “neutral” rating for the company. Finally, William Blair reiterated a “market perform” rating on shares of Tesla in a report on Thursday, July 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, twenty have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, Tesla presently has an average rating of “Hold” and an average target price of $404.95.

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.