PFG Private Wealth Management LLC Purchases Shares of 7,529 Tesla, Inc. $TSLA

PFG Private Wealth Management LLC acquired a new position in shares of Tesla, Inc. (NASDAQ:TSLA) in the 3rd quarter, HoldingsChannel reports. The fund acquired 7,529 shares of the electric vehicle producer’s stock, valued at approximately $3,348,000. Tesla comprises approximately 1.5% of PFG Private Wealth Management LLC’s holdings, making the stock its 23rd biggest position.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Chapman Financial Group LLC acquired a new position in shares of Tesla in the 2nd quarter valued at $26,000. LGT Financial Advisors LLC purchased a new stake in Tesla in the second quarter valued at $29,000. Manning & Napier Advisors LLC purchased a new position in shares of Tesla during the third quarter worth about $29,000. CoreFirst Bank & Trust purchased a new stake in shares of Tesla in the 2nd quarter valued at about $30,000. Finally, ESL Trust Services LLC boosted its position in shares of Tesla by 1,900.0% in the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock valued at $32,000 after purchasing an additional 95 shares during the period. Institutional investors and hedge funds own 66.20% of the company’s stock.

Insider Activity at Tesla

In other Tesla news, Director Kimbal Musk sold 56,820 shares of the company’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total value of $25,606,501.20. Following the transaction, the director directly owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. This represents a 3.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director James R. Murdoch sold 60,000 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $445.40, for a total value of $26,724,000.00. Following the sale, the director owned 577,031 shares in the company, valued at $257,009,607.40. The trade was a 9.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 119,457 shares of company stock worth $53,501,145. 19.90% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages have weighed in on TSLA. Royal Bank Of Canada reiterated an “outperform” rating and issued a $500.00 price objective on shares of Tesla in a research note on Thursday, January 29th. Bank of America increased their price target on shares of Tesla from $341.00 to $471.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. Barclays reissued a “neutral” rating on shares of Tesla in a report on Friday, February 6th. Wedbush reiterated an “outperform” rating and issued a $600.00 target price on shares of Tesla in a research note on Thursday, January 29th. Finally, Wall Street Zen raised Tesla from a “sell” rating to a “hold” rating in a report on Saturday, October 25th. Seventeen research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $403.92.

Key Stories Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Chinese regulator steps to curb cutthroat EV price wars in China, which should reduce aggressive discounting and help stabilize Tesla’s China pricing and margins. Tesla Stock (TSLA) Rises as Chinese Watchdog Moves to Tame Cutthroat Price War
• Positive Sentiment: Tencent Cloud partnership to add WeChat-linked in-car features, OTA updates and China-specific services — improves local product experience and deepens ties with a major Chinese tech partner (and investor). Tencent, Tesla team up on WeChat-linked in-car features in China
• Positive Sentiment: Company appoints its Europe head to run global sales — centralizing sales leadership could improve go-to-market execution and inventory/pricing discipline across regions. Tesla names Europe executive to head global sales, Bloomberg News reports
• Positive Sentiment: Analyst attention on Tesla’s solar & energy TAM (Morgan Stanley coverage) highlights a large long-term growth opportunity beyond autos, supporting investor interest in non-vehicle revenue upside. Tesla (TSLA) draws fresh attention as Morgan Stanley highlights solar opportunity
• Neutral Sentiment: MarketBeat technical take: Tesla has staged a bounce from known support and momentum indicators look constructive, but valuation and a broken uptrend make any rally fragile — implies higher short-term volatility. Tesla’s Rally Setup Is Here—But Valuation Makes It Fragile
• Negative Sentiment: Prominent investor Gary Black publicly rejects Elon Musk’s reported “discount-first” communications strategy — investor pushback on margin-dilutive tactics raises concern about pricing strategy and management messaging. Gary Black rejects Elon Musk-led Tesla’s discount-first communications strategy: ‘I don’t think…’
• Negative Sentiment: Executive turnover continues: VP Raj Jegannathan and other senior departures (AI/infosec and sales leadership moves) raise execution risk for ambitious AI/robotics initiatives (Optimus/robotaxi) and sales operations. Tesla VP Raj Jegannathan departs after 13 years with Elon Musk’s EV giant

Tesla Trading Up 0.7%

Shares of TSLA stock opened at $428.26 on Thursday. Tesla, Inc. has a twelve month low of $214.25 and a twelve month high of $498.83. The firm has a 50-day moving average price of $445.74 and a 200 day moving average price of $413.37. The company has a market capitalization of $1.61 trillion, a price-to-earnings ratio of 396.54, a PEG ratio of 14.24 and a beta of 1.86. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The business had revenue of $24.90 billion during the quarter, compared to the consensus estimate of $24.75 billion. During the same quarter in the previous year, the business earned $0.73 earnings per share. The business’s revenue for the quarter was down 3.1% on a year-over-year basis. Research analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.

Tesla 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.