Tesla, Inc. $TSLA Shares Purchased by Parallel Advisors LLC

Parallel Advisors LLC grew its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 8.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 81,013 shares of the electric vehicle producer’s stock after purchasing an additional 6,183 shares during the period. Tesla makes up about 0.7% of Parallel Advisors LLC’s holdings, making the stock its 23rd biggest position. Parallel Advisors LLC’s holdings in Tesla were worth $36,029,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of TSLA. Meiji Yasuda Life Insurance Co lifted its holdings in shares of Tesla by 0.6% in the 3rd quarter. Meiji Yasuda Life Insurance Co now owns 22,418 shares of the electric vehicle producer’s stock valued at $9,970,000 after buying an additional 126 shares during the period. Barden Capital Management Inc. acquired a new position in Tesla during the third quarter worth $231,000. Riggs Asset Managment Co. Inc. raised its position in Tesla by 85.5% in the third quarter. Riggs Asset Managment Co. Inc. now owns 10,662 shares of the electric vehicle producer’s stock worth $4,742,000 after acquiring an additional 4,913 shares in the last quarter. CreativeOne Wealth LLC lifted its holdings in Tesla by 5.5% in the third quarter. CreativeOne Wealth LLC now owns 59,453 shares of the electric vehicle producer’s stock valued at $26,440,000 after acquiring an additional 3,076 shares during the period. Finally, Prudent Investors Network Inc. acquired a new stake in Tesla in the third quarter valued at $1,473,000. 66.20% of the stock is owned by hedge funds and other institutional investors.

Tesla Price Performance

Tesla stock opened at $396.73 on Friday. Tesla, Inc. has a 12-month low of $214.25 and a 12-month high of $498.83. The stock has a market capitalization of $1.49 trillion, a P/E ratio of 367.34, a P/E/G ratio of 11.73 and a beta of 1.89. The firm’s 50-day moving average is $425.17 and its two-hundred day moving average is $423.32. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77.

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the stock. Wells Fargo & Company lowered their price target on shares of Tesla from $130.00 to $125.00 and set an “underweight” rating on the stock in a research note on Thursday, January 29th. Glj Research restated a “sell” rating on shares of Tesla in a research report on Tuesday, February 24th. Needham & Company LLC reiterated a “hold” rating on shares of Tesla in a research report on Thursday, January 29th. Royal Bank Of Canada reissued an “outperform” rating and set a $500.00 price target on shares of Tesla in a research note on Thursday, January 29th. Finally, Piper Sandler restated an “overweight” rating on shares of Tesla in a report on Thursday, January 29th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and nine have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Tesla presently has a consensus rating of “Hold” and an average target price of $406.84.

Tesla News Roundup

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Higher oil/gas prices make EV ownership relatively more attractive, which could support Tesla vehicle demand and margins in coming months. Oil prices are surging. Will that help Tesla and others sell more EVs?
• Positive Sentiment: February Europe registrations rose ~10% for Tesla in some reporting, showing pockets of demand resilience despite competitive pressure. Tesla’s Europe registrations rise 10% in February despite sales drops in key markets
• Positive Sentiment: Bank of America issued a buy/upgrade view on Tesla (along with legacy automakers), citing opportunities such as robotaxi upside that could support a longer‑term recovery in sentiment. BofA Upgrades Ford (F), Tesla (TSLA), and GM (GM) Stock: What Investors Need to Know
• Neutral Sentiment: Tesla filed a new patent suggesting a bold seat design for the next‑gen Roadster — an innovation signal but not an immediate revenue driver. Tesla Patent Points to Bold New Seat Design for Next-Gen Roadster
• Negative Sentiment: BYD unveiled ultra‑fast charging tech (claims of near‑full in ~9 minutes), which threatens Tesla’s Supercharger competitive edge and raises execution/market‑share risk. BYD Needs Just 9 Minutes To Challenge Tesla’s Last Great Advantage
• Negative Sentiment: UK sales plunged ~37% year‑over‑year in February, underscoring uneven regional recovery and intensifying competitive pressure from Chinese EV makers. Tesla UK car sales drop 37% as Chinese competition heightens, SMMT data shows
• Negative Sentiment: Analyst action and option‑market signals are bearish: BNP Paribas/Exane cut TSLA targets and near‑term put premiums are elevated, implying hedging/short interest and potential selling pressure. BNP Paribas Exane Cuts Tesla (NASDAQ:TSLA) Price Target to $280.00

Insider Activity

In other news, Director James R. Murdoch sold 60,000 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the sale, the director owned 577,031 shares in the company, valued at $257,009,607.40. This trade represents a 9.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Vaibhav Taneja sold 2,637 shares of Tesla stock in a transaction on Monday, December 8th. The shares were sold at an average price of $443.93, for a total value of $1,170,643.41. Following the completion of the sale, the chief financial officer directly owned 13,757 shares of the company’s stock, valued at approximately $6,107,145.01. This represents a 16.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 145,188 shares of company stock valued at $64,193,919 over the last quarter. Insiders own 19.90% of the company’s stock.

Tesla Company 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.