Cetera Investment Advisers Has $356.67 Million Position in Tesla, Inc. $TSLA

Cetera Investment Advisers raised its position in Tesla, Inc. (NASDAQ:TSLA) by 3.5% in the 1st quarter, Holdings Channel reports. The firm owned 959,446 shares of the electric vehicle producer’s stock after buying an additional 32,499 shares during the period. Cetera Investment Advisers’ holdings in Tesla were worth $356,674,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TSLA. Networth Advisors LLC acquired a new stake in Tesla during the 4th quarter worth $26,000. Chapman Financial Group LLC acquired a new position in Tesla in the second quarter valued at about $26,000. Davidson Capital Management Inc. increased its holdings in shares of Tesla by 79.4% in the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock worth $27,000 after acquiring an additional 27 shares in the last quarter. Friedenthal Financial lifted its holdings in shares of Tesla by 66.7% during the 1st quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock valued at $28,000 after purchasing an additional 30 shares in the last quarter. Finally, Prism Advisors Inc. acquired a new position in shares of Tesla in the 4th quarter valued at approximately $30,000. 66.20% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of the business’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the transaction, the director directly owned 48,399 shares in the company, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 2,606 shares of the company’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the sale, the chief financial officer directly owned 22,039 shares in the company, valued at $8,864,085.80. This trade represents a 10.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 32,015 shares of company stock worth $12,383,640. Company insiders own 19.90% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have commented on TSLA. Citigroup assumed coverage on shares of Tesla in a report on Thursday, July 9th. They set a “market perform” rating on the stock. Piper Sandler restated an “overweight” rating on shares of Tesla in a report on Wednesday, June 10th. Truist Financial increased their price objective on Tesla from $400.00 to $430.00 and gave the stock a “hold” rating in a report on Thursday, July 2nd. Jefferies Financial Group set a $400.00 target price on Tesla and gave the company a “hold” rating in a research note on Monday, July 13th. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Tesla in a research report on Monday, June 1st. Twenty-one equities research analysts have rated the stock with a Buy rating, twenty-one have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $415.45.

Trending Headlines about Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s Q2 revenue beat estimates, supported by strong deliveries and record quarterly sales momentum, which helps the long-term growth narrative. Compared to Estimates, Tesla (TSLA) Q2 Earnings: A Look at Key Metrics
• Positive Sentiment: Management continues to highlight robotaxi expansion and broader AI/autonomy ambitions, which keeps speculative upside in focus for investors looking beyond the auto business. Tesla expands robotaxi service to Orlando, Tampa ahead of earnings
• Neutral Sentiment: Analysts and traders are awaiting the earnings call for more detail on margins, cash flow, FSD adoption, and the timing of Cybercab/Optimus commercialization. Tesla set to report second-quarter results after the bell
• Negative Sentiment: Earnings per share missed expectations, margins shrank, and free cash flow turned negative, reinforcing investor concerns that Tesla’s growth is coming with heavier cost pressure than expected. Elon Musk’s Tesla posts cash burn as capex surges on AI, robotaxi push
• Negative Sentiment: Heavy AI and robotaxi spending, plus signs that some production timelines are slipping, are increasing scrutiny on whether Tesla can justify its valuation with near-term earnings. Tesla spending skyrockets as Cybercab, Semi, Megapack production timeline slips

Tesla Price Performance

Shares of NASDAQ TSLA opened at $374.01 on Thursday. The stock has a market capitalization of $1.40 trillion, a price-to-earnings ratio of 343.13, a PEG ratio of 12.72 and a beta of 1.80. The business has a 50-day moving average of $405.39 and a 200-day moving average of $404.00. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. Tesla, Inc. has a fifty-two week low of $297.82 and a fifty-two week high of $498.83.

Tesla (NASDAQ:TSLA) last released its earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.17). Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company had revenue of $28.24 billion for the quarter, compared to the consensus estimate of $26.42 billion. During the same quarter in the previous year, the company posted $0.33 EPS. The business’s revenue was up 25.5% on a year-over-year basis. As a group, sell-side analysts predict that Tesla, Inc. will post 1.34 earnings per share for the current fiscal year.

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.