Public Employees Retirement System of Ohio Has $430.39 Million Stock Position in Tesla, Inc. $TSLA

Public Employees Retirement System of Ohio lifted its stake in Tesla, Inc. (NASDAQ:TSLA) by 0.2% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,157,750 shares of the electric vehicle producer’s stock after purchasing an additional 2,363 shares during the period. Tesla accounts for approximately 1.4% of Public Employees Retirement System of Ohio’s holdings, making the stock its 11th largest holding. Public Employees Retirement System of Ohio’s holdings in Tesla were worth $430,394,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in TSLA. Networth Advisors LLC acquired a new position in shares of Tesla during the 4th quarter worth about $26,000. Davidson Capital Management Inc. raised its position in shares of Tesla by 79.4% in the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after acquiring an additional 27 shares during the period. Turning Point Benefit Group Inc. acquired a new stake in shares of Tesla in the 3rd quarter valued at approximately $30,000. Prism Advisors Inc. bought a new position in Tesla during the 4th quarter worth approximately $30,000. Finally, Texas Capital Bancshares Inc TX bought a new position in Tesla during the 3rd quarter worth approximately $31,000. 66.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TSLA has been the subject of a number of recent analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of Tesla in a research report on Tuesday. Zacks Research upgraded Tesla from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Citigroup initiated coverage on Tesla in a research note on Thursday, July 9th. They issued a “market perform” rating for the company. Roth Capital reaffirmed a “buy” rating and set a $505.00 price target on shares of Tesla in a research report on Thursday. Finally, Tigress Financial began coverage on Tesla in a report on Monday, April 27th. They set a “buy” rating on the stock. Twenty-one investment analysts have rated the stock with a Buy rating, twenty-one have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $406.42.

Insider Transactions at Tesla

In other Tesla news, Director Kathleen Wilson-Thompson sold 26,409 shares of the business’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the sale, the director owned 48,399 shares in the company, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $450.00, for a total value of $1,350,000.00. Following the transaction, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at approximately $8,147,700. This trade represents a 14.21% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 32,015 shares of company stock valued at $12,383,640. 19.90% of the stock is owned by corporate insiders.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla reported record quarterly revenue of $28.24 billion, up 25.5% year over year, and delivered a record number of vehicles, showing the core business is still growing. Tesla Q2 Earnings Report
• Positive Sentiment: Management highlighted progress in autonomous driving, Robotaxi expansion, Optimus production, and FSD adoption, which keeps the long-term AI and robotics story alive for bullish investors. Reuters Robotaxi Update
• Neutral Sentiment: Some analysts still see upside from the company’s autonomy strategy and reaffirmed Buy/Hold ratings, but several also cut price targets after the earnings call, signaling a more cautious stance. Analyst Price Target Cuts
• Negative Sentiment: Tesla missed EPS estimates, posted negative free cash flow for the first time in more than two years, and confirmed about $25 billion in full-year capex, raising concerns that heavy AI/robotics spending is squeezing near-term profits and liquidity. Reuters Cash Burn and Capex
• Negative Sentiment: Investor reaction also turned more negative because Elon Musk emphasized spending “as fast as we can” on AI and gave few near-term details on Robotaxi timing, which made the growth story look more like a long-dated promise than an immediate profit driver. MarketWatch Investor Reaction

Tesla Trading Down 14.5%

TSLA opened at $319.69 on Friday. The stock has a market capitalization of $1.20 trillion, a P/E ratio of 296.01, a P/E/G ratio of 12.55 and a beta of 1.80. The company has a current ratio of 2.04, a quick ratio of 1.62 and a debt-to-equity ratio of 0.09. Tesla, Inc. has a 12 month low of $297.82 and a 12 month high of $498.83. The firm’s fifty day simple moving average is $402.92 and its 200 day simple moving average is $403.16.

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 analysts’ consensus estimates of $0.50 by ($0.17). Tesla had a return on equity of 3.88% and a net margin of 3.67%.The firm had revenue of $28.24 billion for the quarter, compared to the consensus estimate of $26.42 billion. During the same quarter last year, the company posted $0.33 EPS. Tesla’s revenue for the quarter was up 25.5% on a year-over-year basis. As a group, research analysts anticipate that Tesla, Inc. will post 1.34 EPS 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.