Tesla, Inc. $TSLA is Generali Investments Management Co LLC’s 8th Largest Position

Generali Investments Management Co LLC reduced its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 23.2% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 38,814 shares of the electric vehicle producer’s stock after selling 11,717 shares during the quarter. Tesla accounts for about 3.5% of Generali Investments Management Co LLC’s investment portfolio, making the stock its 8th largest holding. Generali Investments Management Co LLC’s holdings in Tesla were worth $16,325,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Chapman Financial Group LLC bought a new position in Tesla in the 2nd quarter worth about $26,000. Davidson Capital Management Inc. boosted its position 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 valued at $27,000 after acquiring an additional 27 shares during the period. Friedenthal Financial grew its stake in Tesla by 66.7% during the first quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock valued at $28,000 after acquiring an additional 30 shares in the last quarter. Turning Point Benefit Group Inc. bought a new stake in Tesla during the 3rd quarter worth approximately $30,000. Finally, Prism Advisors Inc. purchased a new stake in Tesla in the 4th quarter worth approximately $30,000. 66.20% of the stock is owned by institutional investors.

Key Headlines Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Retail investors reportedly directed about $372 million into Tesla, while a broader technology rally and expectations for long-term AI and autonomy growth have supported demand for the shares. Why Retail Investors Are Flooding Back Into Tesla
• Positive Sentiment: Tesla’s proposed $10.1 billion solar-cell factory in Texas signals a potentially significant expansion of its energy business and could strengthen the company’s longer-term growth narrative beyond vehicle sales. Tesla Files Plans for a $10.1 Billion Solar Factory in Texas
• Positive Sentiment: A six-seat Model Y configuration helped drive Tesla’s strongest July performance in Australia, offering evidence that product variations may expand demand in family-oriented markets. Tesla’s New 6-Seat Model Y
• Positive Sentiment: Analysts and investors continue to highlight Tesla’s app, services and charging ecosystem as ways to monetize its installed vehicle base without relying exclusively on new-car sales. Tesla Just Found Another Way to Grow Without Selling a Car

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. UBS Group set a $460.00 price target on shares of Tesla in a report on Thursday, July 23rd. BNP Paribas Exane cut Tesla from a “hold” rating to an “underperform” rating in a research report on Friday, June 5th. Barclays raised their price target on Tesla from $360.00 to $370.00 and gave the company an “equal weight” rating in a report on Tuesday, July 14th. Stifel Nicolaus set a $491.00 price objective on Tesla and gave the stock a “buy” rating in a report on Monday, August 3rd. Finally, Roth Capital restated a “buy” rating and issued a $505.00 price objective on shares of Tesla in a research report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, nineteen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $401.74.

Tesla Trading Up 0.7%

TSLA opened at $330.88 on Tuesday. 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 1.94 and a quick ratio of 1.55. The business has a 50 day simple moving average of $377.06 and a two-hundred day simple moving average of $392.83. The firm has a market capitalization of $1.31 trillion, a price-to-earnings ratio of 306.37, a PEG ratio of 16.59 and a beta of 1.83.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings data on Wednesday, July 22nd. The electric vehicle producer reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). Tesla had a return on equity of 3.82% and a net margin of 3.67%.The business had revenue of $28.24 billion during the quarter, compared to the consensus estimate of $26.42 billion. During the same quarter in the prior year, the business posted $0.33 earnings per share. Tesla’s quarterly revenue was up 25.5% compared to the same quarter last year. Analysts predict that Tesla, Inc. will post 0.88 EPS for the current year.

Insider Buying and Selling

In related news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction on Monday, June 8th. The shares were sold at an average price of $402.20, for a total value of $1,048,133.20. Following the sale, the chief financial officer owned 22,039 shares in the company, valued at $8,864,085.80. The trade was a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by insiders.

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.