Tesla, Inc. $TSLA Stock: University of Texas Texas AM Investment Management Co. Reduces Holdings

University of Texas Texas AM Investment Management Co. lowered its position in Tesla, Inc. (NASDAQ:TSLA) by 74.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,950 shares of the electric vehicle producer’s stock after selling 14,328 shares during the period. University of Texas Texas AM Investment Management Co.’s holdings in Tesla were worth $1,756,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Security National Bank of Sioux City Iowa IA acquired a new position in shares of Tesla during the 2nd quarter worth $25,000. Harborfront Financial Group LLC bought a new position in shares of Tesla during the 2nd quarter valued at $34,000. Montgomery Financial Services LLC acquired a new stake in shares of Tesla in the 2nd quarter valued at $40,000. Timbuktu Capital Management LLC acquired a new stake in shares of Tesla in the 2nd quarter valued at $42,000. Finally, Navigoe LLC bought a new stake in Tesla in the second quarter worth $45,000. Institutional investors own 66.20% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on TSLA shares. Truist Financial set a $370.00 target price on shares of Tesla and gave the stock a “hold” rating in a research report on Thursday, July 23rd. Mizuho upped their price target on Tesla from $450.00 to $460.00 and gave the stock an “outperform” rating in a research note on Thursday, October 22nd. Barclays raised Tesla from an “outperform” rating to an “overweight” rating and increased their price objective for the company from $370.00 to $450.00 in a report on Monday, October 26th. Yorkville Ives assumed coverage on Tesla in a research note on Wednesday, October 7th. They issued an “outperform” rating and a $500.00 price objective on the stock. Finally, Canaccord Genuity Group set a $442.00 price objective on Tesla and gave the company a “buy” rating in a research note on Thursday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, sixteen have issued a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $414.51.

More Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Elon Musk said Tesla plans to wind down Cybertruck production at its Texas factory around mid-2027 to make room for more Cybercab robotaxis. Investors may see the move as reallocating capacity toward Tesla’s autonomous-driving ambitions; the truck accounted for less than 2% of third-quarter deliveries. CNBC article
• Positive Sentiment: A new AI-accelerator roadmap was also highlighted as a catalyst for the stock, reinforcing investor interest in Tesla’s AI strategy beyond vehicle sales. TipRanks article
• Neutral Sentiment: EV shares broadly rebounded after the sector’s post-election sell-off, offering a market-level tailwind for Tesla. 247WallSt article
• Negative Sentiment: The production wind-down underscores Cybertruck demand and execution challenges: reports cite sharply lower sales, delays, quality issues, and multiple recalls. The Cybercab opportunity is not yet proven and depends on regulatory clearance, customer adoption, and viable economics. Reuters article

Tesla Stock Performance

Shares of TSLA opened at $358.22 on Monday. The company has a market capitalization of $1.42 trillion, a PE ratio of 393.65, a price-to-earnings-growth ratio of 22.19 and a beta of 1.74. Tesla, Inc. has a one year low of $297.38 and a one year high of $498.83. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.74 and a quick ratio of 1.39. The company’s fifty day moving average price is $372.14 and its 200 day moving average price is $384.35.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.02. Tesla had a net margin of 3.11% and a return on equity of 3.03%. The company had revenue of $28.05 billion during the quarter, compared to analysts’ expectations of $28.06 billion. During the same period in the prior year, the company earned $0.50 earnings per share. The business’s quarterly revenue was down .2% compared to the same quarter last year. As a group, analysts expect that Tesla, Inc. will post 0.67 earnings per share for the current year.

Insider Activity at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the transaction, the chief financial officer directly owned 25,972 shares in the company, valued at approximately $9,353,296.36. The trade was a 9.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 20.00% of the company’s stock.

Tesla Profile

Tesla, Inc designs, develops, manufactures and sells electric vehicles and energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y and Cybertruck, along with related software and services.

The company also provides energy generation and storage products, including solar systems, Powerwall home batteries and Megapack utility-scale storage. Its services include vehicle maintenance, charging through the Supercharger network and software features for its vehicles.

Founded in 2003 and headquartered in Austin, Texas, Tesla serves customers in markets around the world.