Tesla, Inc. $TSLA Shares Acquired by MSH Capital Advisors LLC

MSH Capital Advisors LLC lifted its stake in shares of Tesla, Inc. (NASDAQ:TSLA) by 300.3% during the fourth quarter, Holdings Channel reports. The fund owned 10,413 shares of the electric vehicle producer’s stock after purchasing an additional 7,812 shares during the quarter. Tesla comprises 1.0% of MSH Capital Advisors LLC’s portfolio, making the stock its 20th biggest holding. MSH Capital Advisors LLC’s holdings in Tesla were worth $4,683,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in TSLA. Networth Advisors LLC acquired a new stake in shares of Tesla during the fourth quarter valued at $26,000. Chapman Financial Group LLC acquired a new stake in shares of Tesla during the second quarter valued at $26,000. Davidson Capital Management Inc. boosted its stake in shares of Tesla by 79.4% during the fourth 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 last quarter. Prism Advisors Inc. acquired a new stake in shares of Tesla during the fourth quarter valued at $30,000. Finally, Turning Point Benefit Group Inc. acquired a new stake in shares of Tesla during the third quarter valued at $30,000. Institutional investors and hedge funds own 66.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on TSLA shares. Royal Bank Of Canada reissued a “buy” rating on shares of Tesla in a research note on Monday, April 27th. The Goldman Sachs Group reissued a “neutral” rating on shares of Tesla in a research note on Thursday, April 23rd. HSBC started coverage on Tesla in a research note on Monday, April 27th. They issued a “buy” rating on the stock. China Renaissance decreased their price target on Tesla from $382.00 to $372.00 and set a “hold” rating on the stock in a research note on Monday, April 27th. Finally, Barclays reissued a “neutral” rating on shares of Tesla in a research note on Wednesday, May 13th. Nineteen equities research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $395.20.

Tesla Stock Performance

Tesla stock opened at $426.01 on Tuesday. The stock’s 50-day moving average is $388.38 and its 200-day moving average is $416.42. The company has a market cap of $1.60 trillion, a price-to-earnings ratio of 390.83, a price-to-earnings-growth ratio of 16.82 and a beta of 1.79. 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 12 month low of $273.21 and a 12 month high of $498.83.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $22.39 billion for the quarter, compared to the consensus estimate of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company’s quarterly revenue was up 15.8% compared to the same quarter last year. During the same period last year, the business posted $0.27 EPS. Equities analysts anticipate that Tesla, Inc. will post 1.2 earnings per share for the current year.

Insider Transactions at Tesla

In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm’s stock in a transaction dated 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 transaction, the director directly owned 48,399 shares in the company, valued at $18,300,145.89. This trade represents a 35.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the chief financial officer owned 18,106 shares in the company, valued at approximately $8,147,700. This trade represents a 14.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 83,213 shares of company stock worth $32,201,105. Company insiders own 19.90% of the company’s stock.

Tesla News Summary

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Tesla’s indirect exposure to SpaceX is getting more attention as SpaceX moves toward an IPO, and some investors are viewing that stake as an added source of upside for TSLA beyond its core auto business. Did Tesla’s SpaceX Stake And China FSD Rollout Just Reframe TSLA’s AI And Autonomy Story?
• Positive Sentiment: Reports that Tesla has rolled out Full Self-Driving (Supervised) in China are helping support the company’s long-term autonomy narrative and could improve investor confidence in future software-driven revenue growth. Weekend Round-Up: Tesla’s FSD In China, Nvidia’s Uber Partnership, Boeing’s 737 Max Case Victory And More
• Positive Sentiment: Elon Musk pushed back on criticism that his politics are hurting Tesla’s brand, while also reiterating that the Model Y remains a sales leader, which may reassure some investors about demand resilience. Elon Musk Hits Back At Tesla Brand Damage Critics, Reaffirms Model Y’s Sales Dominance

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.