Tesla, Inc. $TSLA Holdings Lowered by Cooper Financial Group
by Amy Steele · The Cerbat GemCooper Financial Group trimmed its stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 5.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,654 shares of the electric vehicle producer’s stock after selling 1,877 shares during the period. Tesla comprises 1.0% of Cooper Financial Group’s holdings, making the stock its 21st largest position. Cooper Financial Group’s holdings in Tesla were worth $12,650,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently bought and sold shares of TSLA. Rhodes Investment Advisors Inc. ADV grew its stake in shares of Tesla by 3.4% during the 3rd quarter. Rhodes Investment Advisors Inc. ADV now owns 1,309 shares of the electric vehicle producer’s stock worth $464,000 after purchasing an additional 43 shares during the period. Echo45 Advisors LLC increased its holdings in shares of Tesla by 13.5% during the 3rd quarter. Echo45 Advisors LLC now owns 1,486 shares of the electric vehicle producer’s stock valued at $527,000 after purchasing an additional 177 shares in the last quarter. MFA Wealth Advisors LLC lifted its stake in shares of Tesla by 2.5% in the 3rd quarter. MFA Wealth Advisors LLC now owns 8,492 shares of the electric vehicle producer’s stock valued at $3,013,000 after purchasing an additional 210 shares during the period. North Point Portfolio Managers Corp OH purchased a new stake in Tesla during the third quarter worth $132,000. Finally, Strong Retirement Solutions LLC boosted its holdings in Tesla by 8.6% during the third quarter. Strong Retirement Solutions LLC now owns 4,092 shares of the electric vehicle producer’s stock worth $1,452,000 after buying an additional 323 shares in the last quarter. 66.20% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about Tesla
Here are the key news stories impacting Tesla this week:
- Positive Sentiment: Better-than-expected third-quarter deliveries: Tesla delivered approximately 486,532 vehicles, beating expectations by about 25,000 units. The second consecutive quarterly beat suggests demand may be stabilizing after declines in 2024 and 2025 and helped support the recent rally. Tesla’s Third-Quarter Deliveries Beat Expectations
- Positive Sentiment: UBS raised its price target: UBS maintained a Buy rating and lifted its target from $385 to $391, describing Tesla’s risk/reward as tactically favorable. The bullish case centers on improving auto demand and longer-term growth from FSD, robotaxis and AI. UBS Flags a Bullish Setup in Tesla Stock
- Positive Sentiment: Germany supports faster FSD approval: Germany’s transport minister backed prompt approval of Tesla’s supervised FSD system across the European Union, potentially expanding the technology’s addressable market. Tesla is also scheduled to display its Cybercab at the Paris Motor Show, increasing visibility for its robotaxi strategy. Musk Welcomes German Backing for Tesla Driver Assistance Technology
- Neutral Sentiment: India remains a long-term opportunity: Tesla sold fewer than 1,000 vehicles in its first 12 months in India, but recent company initiatives could improve market penetration. The immediate revenue impact appears limited. Tesla Sold Less Than 1,000 EVs in India
- Negative Sentiment: Regulatory and valuation risks offset the bullish news: The broader EU FSD decision was delayed, while a Reuters investigation said Tesla pressured regulators to narrow or accelerate reviews amid safety and liability concerns. Separately, prominent Tesla bull Gary Black called the shares expensive even assuming strong earnings growth, and Goldman Sachs remains cautious ahead of the October 21 earnings report. Tesla Pressured European Regulators Over FSD Approval
Tesla Price Performance
TSLA stock traded down $2.93 during trading on Wednesday, hitting $377.75. The stock had a trading volume of 25,516,788 shares, compared to its average volume of 51,476,348. Tesla, Inc. has a twelve month low of $297.38 and a twelve month high of $498.83. The company’s 50-day moving average price is $352.86 and its two-hundred day moving average price is $377.14. 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 stock has a market capitalization of $1.49 trillion, a P/E ratio of 349.77, a PEG ratio of 20.23 and a beta of 1.92.
Tesla (NASDAQ:TSLA – Get Free Report) last announced its earnings results on Thursday, July 23rd. The electric vehicle producer reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.50 by ($0.17). The firm had revenue of $28.24 billion for the quarter, compared to analyst estimates of $26.42 billion. Tesla had a net margin of 3.67% and a return on equity of 3.82%. Tesla’s revenue was up 25.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.33 EPS. As a group, research analysts predict that Tesla, Inc. will post 0.83 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of research analysts have weighed in on the stock. Roth Capital reaffirmed a “buy” rating and issued a $505.00 price objective on shares of Tesla in a report on Thursday, July 23rd. Oppenheimer restated a “market perform” rating on shares of Tesla in a research report on Monday, September 21st. Glj Research restated a “sell” rating on shares of Tesla in a research note on Friday, September 4th. KeyCorp upgraded Tesla to a “sector weight” rating in a research report on Monday, September 28th. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of Tesla in a report on Monday, September 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating, seventeen have given a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $412.19.
View Our Latest Stock Report on Tesla
Insider Buying and Selling
In related news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $360.13, for a total value of $938,498.78. Following the completion of the transaction, the chief financial officer directly owned 25,972 shares of the company’s stock, valued at approximately $9,353,296.36. This represents a 9.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 19.90% of the company’s stock.
Tesla Company Profile
Tesla, Inc (NASDAQ:TSLA) designs, manufactures and sells electric vehicles, energy storage systems and solar energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y, Cybertruck and Tesla Semi. The company also develops vehicle software and driver-assistance features, operates a global Supercharger network and provides related vehicle services.
Tesla’s energy business offers battery storage products for residential, commercial and utility customers, including Powerwall and Megapack, as well as solar panels and solar roofing products.
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