Altman Advisors Inc. Has $1.59 Million Holdings in Tesla, Inc. $TSLA

Altman Advisors Inc. lessened its holdings in Tesla, Inc. (NASDAQ:TSLA) by 60.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,585 shares of the electric vehicle producer’s stock after selling 5,573 shares during the quarter. Altman Advisors Inc.’s holdings in Tesla were worth $1,594,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of TSLA. Relyea Zuckerberg Hanson LLC raised its position in shares of Tesla by 0.4% during the 3rd quarter. Relyea Zuckerberg Hanson LLC now owns 6,558 shares of the electric vehicle producer’s stock valued at $2,916,000 after acquiring an additional 23 shares during the last quarter. Equita Financial Network Inc. boosted its position in shares of Tesla by 2.8% in the 3rd quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer’s stock worth $380,000 after purchasing an additional 23 shares during the last quarter. VanderPol Investments L.L.C. grew its stake in shares of Tesla by 2.2% during the third quarter. VanderPol Investments L.L.C. now owns 1,070 shares of the electric vehicle producer’s stock worth $464,000 after purchasing an additional 23 shares during the period. Resonant Capital Advisors LLC grew its stake in shares of Tesla by 0.3% during the third quarter. Resonant Capital Advisors LLC now owns 8,577 shares of the electric vehicle producer’s stock worth $3,814,000 after purchasing an additional 23 shares during the period. Finally, Cloud Capital Management LLC increased its holdings in Tesla by 1.1% in the third quarter. Cloud Capital Management LLC now owns 2,076 shares of the electric vehicle producer’s stock valued at $923,000 after purchasing an additional 23 shares during the last quarter. 66.20% of the stock is owned by institutional investors.

Tesla Trading Down 2.2%

NASDAQ TSLA opened at $396.73 on Monday. Tesla, Inc. has a one year low of $214.25 and a one year high of $498.83. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77. The firm has a market cap 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 stock’s 50-day moving average is $425.17 and its 200-day moving average is $424.02.

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

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. BNP Paribas Exane reduced their target price on Tesla from $313.00 to $280.00 and set an “underperform” rating on the stock in a report on Monday, March 2nd. Canaccord Genuity Group set a $520.00 price target on Tesla in a research note on Thursday, January 29th. Piper Sandler reiterated an “overweight” rating on shares of Tesla in a research report on Thursday, January 29th. DZ Bank reissued a “sell” rating on shares of Tesla in a research note on Thursday, January 29th. Finally, Benchmark restated a “buy” rating on shares of Tesla in a report on Wednesday, February 11th. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and nine have issued a Sell rating to the company. Based on data from MarketBeat, Tesla currently has a consensus rating of “Hold” and a consensus target price of $406.84.

Key Tesla News

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 Transactions at Tesla

In related news, Director Kimbal Musk sold 56,820 shares of the firm’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the sale, the director directly owned 1,391,615 shares in the company, valued at $627,145,215.90. This trade represents a 3.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director James R. Murdoch sold 60,000 shares of the business’s stock in a transaction on Friday, January 2nd. The shares were sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the completion of the sale, the director directly owned 577,031 shares in the company, valued at $257,009,607.40. This represents a 9.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 142,551 shares of company stock valued at $63,023,276 over the last quarter. Corporate 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.