Tesla, Inc. $TSLA Shares Bought by NewSquare Capital LLC

NewSquare Capital LLC grew its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 142.0% in the third quarter, Holdings Channel reports. The institutional investor owned 4,617 shares of the electric vehicle producer’s stock after buying an additional 2,709 shares during the period. NewSquare Capital LLC’s holdings in Tesla were worth $2,053,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Manning & Napier Advisors LLC acquired a new stake in Tesla in the third quarter valued at $29,000. Westend Capital Management LLC acquired a new stake in shares of Tesla in the third quarter valued at about $32,000. Chapman Financial Group LLC purchased a new stake in Tesla during the second quarter worth about $26,000. CoreFirst Bank & Trust acquired a new position in Tesla during the second quarter worth about $30,000. Finally, ESL Trust Services LLC grew its position in Tesla by 1,900.0% during the second quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock worth $32,000 after buying an additional 95 shares during the period. 66.20% of the stock is owned by institutional investors and hedge funds.

Tesla Trading Up 3.4%

Shares of TSLA stock opened at $405.94 on Thursday. The company has a market capitalization of $1.52 trillion, a price-to-earnings ratio of 375.87, a PEG ratio of 13.97 and a beta of 1.89. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08. The firm has a 50-day moving average price of $428.32 and a 200 day moving average price of $422.35. Tesla, Inc. has a twelve month low of $214.25 and a twelve month high of $498.83.

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on TSLA shares. Cantor Fitzgerald reissued an “overweight” rating and set a $510.00 price target on shares of Tesla in a research note on Thursday, January 29th. Mizuho set a $540.00 target price on Tesla and gave the company an “outperform” rating in a report on Thursday, January 29th. Needham & Company LLC restated a “hold” rating on shares of Tesla in a research report on Thursday, January 29th. UBS Group boosted their price objective on shares of Tesla from $307.00 to $352.00 and gave the stock a “sell” rating in a research report on Thursday, January 29th. Finally, Morgan Stanley set a $415.00 price objective on shares of Tesla and gave the company an “equal weight” rating in a research note on Thursday, January 29th. Nineteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and nine have assigned a Sell rating to the stock. Based on data from MarketBeat, Tesla has a consensus rating of “Hold” and a consensus price target of $406.84.

Insiders Place Their Bets

In other Tesla news, Director Kathleen Wilson-Thompson sold 25,731 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $415.56, for a total transaction of $10,692,774.36. Following the transaction, the director owned 19,669 shares of the company’s stock, valued at $8,173,649.64. This represents a 56.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director Kimbal Musk sold 56,820 shares of the company’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the completion of the transaction, the director owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. The trade was a 3.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 145,188 shares of company stock valued at $64,193,919. Insiders own 19.90% of the company’s stock.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: BofA reinstated coverage with a Buy and a $460 target, arguing Tesla leads in consumer autonomy/robotaxi upside — this brought near‑term buying interest and supports the autonomy valuation narrative. Tesla Stock Is Rising as It Gets a New Vote of Confidence From Wall Street
• Positive Sentiment: February registrations show regional rebounds (France, Portugal up strongly), suggesting Europe may be stabilizing and offsetting some delivery weakness. Does Tesla’s February Sales Surge Signal a Turnaround in Europe?
• Neutral Sentiment: Elon Musk reiterated big AI/robotics ambitions (AGI and humanoid robots). Strategically important long‑term, but execution risk/long timelines mean limited immediate relief to valuation. Elon Musk: Tesla’s Robots Could Be The First ‘Atom-Shaping’ AGI
• Negative Sentiment: BNP Paribas Exane cut its price target sharply to $280 and maintained an Underperform, increasing downside pressure and signaling growing analyst skepticism on near‑term fundamentals. BNP Paribas Exane Cuts Tesla Price Target to $280
• Negative Sentiment: Reports say Tesla is trading down after an analyst downgrade (trade note flagged ~2.7% move), a catalyst for intraday selling and momentum weakness. Tesla Trading Down 2.7% Following Analyst Downgrade
• Negative Sentiment: UK retail data: Tesla’s February sales fell sharply (reported ~37% decline year‑over‑year), highlighting regional demand softness and intensified Chinese competitor pressure (e.g., BYD). Tesla UK car sales drop 37% as Chinese competition heightens, SMMT data shows
• Negative Sentiment: BYD applied for a permit to import to Canada at a reduced tariff under a China‑Canada trade deal — a concrete sign Chinese EVs are expanding distribution and price competitiveness in key markets. Tesla Rival BYD Applies For Permit To Allow Canada Imports After Tariff Agreement

About Tesla

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.