TSLA Inc.

NASDAQ
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Slightly Bullish +15

Tesla, Inc. $TSLA Shares Purchased by Allspring Global Investments ...

📈 Allspring Global Investments raised its Tesla stake by 3.6% in Q1, adding 9,770 shares to a total holding of 279,371 shares valued at $106.5 million.

📈 Brighton Jones LLC increased its position by 11.8% in Q4, now owning 87,929 shares worth $35.5 million.

📈 Bison Wealth LLC grew its holdings by 52.2% in the fourth quarter, purchasing an additional 3,558 shares.

💰 Director Kathleen Wilson-Thompson sold 26,409 shares for $9.99 million under a Rule 10b5-1 trading plan.

💰 CFO Vaibhav Taneja sold 2,606 shares worth $1.05 million to cover tax withholding obligations on equity awards.

📉 Insiders collectively sold 32,015 shares valued at $12.4 million over the last 90 days.

💰 Tesla reported Q1 EPS of $0.41, beating the consensus estimate of $0.39.

📉 Tesla's Q1 revenue was $22.39 billion, missing analyst estimates of $22.96 billion despite a 15.8% year-over-year increase.

📊 The company achieved a return on equity of 4.89% and a net margin of 3.95% for the quarter.

📉 Analysts anticipate an average EPS of $1.32 for the current fiscal year.

📉 Robert W. Baird lowered its price target to $522 while maintaining an 'outperform' rating.

📈 Morgan Stanley increased its price target to $417 with an 'equal weight' rating.

📉 China Renaissance dropped its price target to $372 and assigned a 'hold' rating.

📊 The stock currently has an average analyst rating of 'Hold' with a consensus price target of $408.07.

🏢 Corporate insiders own 19.90% of the company's outstanding stock.

Bullish Signals
  • Allspring Global Investments Holdings LLC increased its stake in Tesla by 3.6% in Q1, adding 9,770 shares to a total holding of 279,371 shares valued at $106.5 million.
  • Brighton Jones LLC raised its position by 11.8% in the fourth quarter, acquiring an additional 9,293 shares.
  • Bison Wealth LLC significantly grew its holdings by 52.2% in Q4, purchasing 3,558 additional shares.
  • Revolve Wealth Partners LLC lifted its position by 21.2% during the fourth quarter.
  • Sivia Capital Partners LLC increased its stake by 9.1% in the second quarter.
  • AGP Franklin LLC raised its holdings by 21.2% in the second quarter.
  • Tesla reported Q1 EPS of $0.41, beating analyst consensus estimates of $0.39.
  • Revenue grew by 15.8% year-over-year to reach $22.39 billion despite missing absolute revenue expectations.
  • Morgan Stanley increased its price target from $415.00 to $417.00 with an 'equal weight' rating.
  • Cantor Fitzgerald restated an 'overweight' rating on Tesla shares.
Risk Factors
  • Tesla's Q1 revenue of $22.39 billion missed analyst consensus estimates of $22.96 billion.
  • Director Kathleen Wilson-Thompson sold 26,409 shares for $9.99 million, representing a 35.30% decrease in her ownership stake.
  • CFO Vaibhav Taneja sold 2,606 shares worth $1.05 million to cover tax withholding obligations.
  • Corporate insiders collectively sold 32,015 shares valued at $12.4 million over the last 90 days.
  • Robert W. Baird lowered its price target from $538.00 to $522.00.
  • China Renaissance dropped its price target from $382.00 to $372.00 and assigned a 'hold' rating.
  • The stock currently holds an average analyst rating of 'Hold' with a price target of $408.07, indicating mixed sentiment.
  • JPMorgan Chase reiterated a 'neutral' rating on Tesla shares.
Full Analysis
Allspring Global Investments Holdings LLC increased its stake in Tesla, Inc. (TSLA) by 3.6% during the first quarter, acquiring an additional 9,770 shares to hold a total of 279,371 shares valued at $106.5 million. Several other institutional investors also adjusted their positions, with Brighton Jones LLC raising its stake by 11.8%, Revolve Wealth Partners by 21.2%, and Bison Wealth LLC significantly increasing its holdings by 52.2% in the fourth quarter. Corporate insider activity saw Director Kathleen Wilson-Thompson sell 26,409 shares for approximately $9.99 million under a pre-arranged trading plan, reducing her ownership by 35.3%. Additionally, CFO Vaibhav Taneja sold 2,606 shares worth about $1.05 million to cover tax withholding obligations related to equity vesting. Over the last 90 days, insiders collectively sold 32,015 shares valued at roughly $12.4 million, while corporate insiders maintain a 19.9% ownership stake in the company. Tesla reported quarterly earnings on April 23rd with EPS of $0.41, beating analyst estimates of $0.39, though revenue of $22.39 billion missed expectations of $22.96 billion. Revenue grew by 15.8% year-over-year, with the company posting a return on equity of 4.89% and a net margin of 3.95%. Analysts currently anticipate an average EPS of $1.32 for the current year. Equity research analysts have issued mixed ratings on TSLA shares recently. Robert W. Baird lowered its price target to $522 with an 'outperform' rating, while JPMorgan Chase maintained a 'neutral' stance. Morgan Stanley raised its target to $417, and Cantor Fitzgerald restated an 'overweight' rating. Conversely, China Renaissance reduced its target to $372 with a 'hold' rating. The stock currently holds an average analyst rating of 'Hold' with a price target of $408.07.