Flputnam Investment Management Co. Sells 1,399 Shares of Tesla, Inc. $TSLA

Flputnam Investment Management Co. lessened its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 18.7% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,080 shares of the electric vehicle producer’s stock after selling 1,399 shares during the quarter. Flputnam Investment Management Co.’s holdings in Tesla were worth $2,704,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Chapman Financial Group LLC bought a new stake in Tesla during the 2nd quarter valued at $26,000. Chelsea Counsel Co. grew its position in shares of Tesla by 59.7% in the first quarter. Chelsea Counsel Co. now owns 107 shares of the electric vehicle producer’s stock valued at $28,000 after purchasing an additional 40 shares in the last quarter. LGT Financial Advisors LLC bought a new stake in shares of Tesla during the 2nd quarter valued at $29,000. CoreFirst Bank & Trust purchased a new stake in Tesla during the 2nd quarter worth about $30,000. Finally, ESL Trust Services LLC boosted its stake in Tesla by 1,900.0% in the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock worth $32,000 after purchasing an additional 95 shares during the period. Institutional investors own 66.20% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Robert W. Baird upgraded Tesla from a “neutral” rating to an “outperform” rating and upped their price target for the company from $320.00 to $548.00 in a research report on Friday, September 19th. HSBC reaffirmed a “reduce” rating on shares of Tesla in a report on Monday, November 17th. Cowen reiterated a “buy” rating on shares of Tesla in a research note on Monday, November 17th. Benchmark restated a “buy” rating on shares of Tesla in a research report on Thursday, October 23rd. Finally, Roth Capital set a $505.00 price objective on Tesla and gave the stock a “buy” rating in a research report on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have assigned a Hold rating and nine have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $404.14.

Insider Buying and Selling

In other news, CFO Vaibhav Taneja sold 2,637 shares of the company’s 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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Kimbal Musk sold 56,820 shares of Tesla stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the transaction, the director owned 1,391,615 shares in the company, valued at approximately $627,145,215.90. The trade was a 3.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 19.90% of the company’s stock.

Tesla Trading Down 0.4%

NASDAQ TSLA opened at $481.20 on Monday. The stock’s 50-day simple moving average is $439.98 and its two-hundred day simple moving average is $381.14. Tesla, Inc. has a twelve month low of $214.25 and a twelve month high of $495.28. The company has a quick ratio of 1.67, a current ratio of 2.07 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $1.60 trillion, a price-to-earnings ratio of 320.80, a PEG ratio of 12.03 and a beta of 1.87.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.48 by $0.02. The firm had revenue of $28.10 billion during the quarter, compared to analysts’ expectations of $24.98 billion. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The company’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.72 EPS. Research analysts forecast that Tesla, Inc. will post 2.56 EPS for the current fiscal year.

Key Stores Impacting Tesla

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Analysts are lifting targets and reiterating bullish views, providing near‑term support for the rally — Deutsche Bank bumped its target to $500 and other firms (Mizuho, CICC, Truist) have issued bullish notes. Article
• Positive Sentiment: Tesla committed ~$1.2B to battery cell production in Germany (8 GWh target from 2027), a strategic capex that supports localization, margin improvement and long‑term EV supply. Article
• Positive Sentiment: Robotaxi and Cybercab testing appears to be accelerating (production‑ready units seen in streets), keeping momentum behind Tesla’s high‑value autonomy thesis that investors are pricing in. Article
• Positive Sentiment: Tesla avoided a potential ~€11M fine in Italy over range claims, removing a modest legal overhang. Article
• Neutral Sentiment: The Delaware Supreme Court reinstated Musk’s 2018 pay package, ending a years‑long legal dispute and removing uncertainty — but the scale of the award (now valued far higher) raises governance and dilution debates. Article
• Neutral Sentiment: Large institutional repositioning: ARK/active managers have trimmed holdings recently (profit‑taking), which can amplify intraday volatility but doesn’t necessarily change the structural bull case. Article
• Negative Sentiment: Regulatory and safety pressure persists: California actions on Autopilot/FSD marketing, a proposed federal/state focus on autonomy rules, and consumer safety complaints (e.g., door‑handle issues) keep legal/regulatory risk elevated. Article
• Negative Sentiment: Core EV metrics remain mixed: U.S. vehicle sales have softened and operating expenses have risen as Tesla spends on autonomy/robotics — analysts warn near‑term margins and volumes could pressure sentiment if growth stalls. Article

Tesla 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.