WMS Group LLC Invests $928,000 in Tesla, Inc. $TSLA
by Tristan Rich · The Markets DailyWMS Group LLC acquired a new stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) in the fourth quarter, Holdings Channel.com reports. The firm acquired 2,064 shares of the electric vehicle producer’s stock, valued at approximately $928,000. Tesla comprises 1.2% of WMS Group LLC’s portfolio, making the stock its 23rd biggest position.
Several other hedge funds also recently bought and sold shares of TSLA. Vanguard Group Inc. lifted its stake in Tesla by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock worth $116,443,762,000 after purchasing an additional 6,538,720 shares in the last quarter. State Street Corp grew its position in shares of Tesla by 0.9% during the 4th quarter. State Street Corp now owns 114,842,934 shares of the electric vehicle producer’s stock valued at $51,647,164,000 after purchasing an additional 1,080,085 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Tesla by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 65,700,975 shares of the electric vehicle producer’s stock worth $29,426,070,000 after purchasing an additional 375,946 shares during the period. Capital World Investors increased its holdings in shares of Tesla by 5.8% in the third quarter. Capital World Investors now owns 44,035,949 shares of the electric vehicle producer’s stock worth $19,583,547,000 after purchasing an additional 2,403,019 shares during the period. Finally, Norges Bank purchased a new stake in shares of Tesla in the fourth quarter worth $17,128,100,000. Hedge funds and other institutional investors own 66.20% of the company’s stock.
Tesla Stock Performance
Shares of TSLA stock opened at $400.49 on Friday. The company has a quick ratio of 1.62, a current ratio of 2.04 and a debt-to-equity ratio of 0.09. The business has a 50-day moving average price of $403.33 and a two-hundred day moving average price of $415.26. Tesla, Inc. has a 12-month low of $288.77 and a 12-month high of $498.83. The firm has a market cap of $1.50 trillion, a P/E ratio of 367.42, a price-to-earnings-growth ratio of 16.01 and a beta of 1.80.
Tesla (NASDAQ:TSLA – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. The firm had revenue of $22.39 billion during the quarter, compared to analysts’ expectations of $22.96 billion. Tesla had a return on equity of 4.89% and a net margin of 3.95%.The company’s revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.27 EPS. Equities analysts anticipate that Tesla, Inc. will post 1.19 EPS for the current fiscal year.
Analysts Set New Price Targets
Several research firms recently commented on TSLA. TD Cowen restated a “buy” rating and set a $490.00 target price on shares of Tesla in a research report on Thursday, June 4th. Zacks Research raised Tesla from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 28th. Oppenheimer reiterated a “market perform” rating on shares of Tesla in a research report on Thursday, June 11th. BTIG Research lowered Tesla to a “neutral” rating in a report on Friday, June 5th. Finally, Tigress Financial initiated coverage on shares of Tesla in a research report on Monday, April 27th. They issued a “buy” rating on the stock. Twenty-one investment analysts have rated the stock with a Buy rating, nineteen have issued a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Tesla presently has an average rating of “Hold” and a consensus target price of $404.37.
View Our Latest Stock Analysis on Tesla
Key Tesla News
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Elon Musk exercised stock options that lifted his Tesla ownership to 19.9%, reinforcing alignment with shareholders and signaling confidence in the company’s long-term strategy.
- Positive Sentiment: ARK Invest, led by Cathie Wood, bought more Tesla shares, adding to a broader bullish narrative around TSLA as an AI and autonomous-driving leader. Article Title
- Positive Sentiment: Analysts and commentary continue to frame Tesla as more than an EV maker, highlighting its AI, robotaxi, and robotics ambitions, which supports the stock’s premium valuation.
- Neutral Sentiment: Tesla received approval for supervised FSD in Denmark, a modest positive for its European rollout, but the approval is still limited and does not remove broader regulatory hurdles.
- Negative Sentiment: Reuters reported that Sweden may push back against Tesla’s supervised self-driving rollout in Europe unless speed-limit behavior is changed, creating a potential roadblock for FSD expansion. Article Title
- Negative Sentiment: Additional reports flagged “fresh FSD roadblock” concerns in Europe, keeping investor focus on regulatory risk rather than near-term software monetization.
Insider Activity at Tesla
In other Tesla news, Director Kathleen Wilson-Thompson sold 26,409 shares of the company’s stock in a transaction that occurred on 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 completion of the sale, the director owned 48,399 shares of the company’s stock, valued at $18,300,145.89. This represents a 35.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $402.20, for a total transaction of $1,048,133.20. Following the transaction, 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 disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 57,824 shares of company stock valued at $21,657,588. 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.
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