353,203 Tesla, Inc. $TSLA Shares Sold by Russell Investments Group Ltd.

Russell Investments Group Ltd. reduced its stake in Tesla, Inc. (NASDAQ:TSLA) by 15.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,893,110 shares of the electric vehicle producer’s stock after selling 353,203 shares during the quarter. Tesla accounts for 0.6% of Russell Investments Group Ltd.’s investment portfolio, making the stock its 17th biggest holding. Russell Investments Group Ltd.’s holdings in Tesla were worth $671,049,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. Bamco Inc. NY increased its position in Tesla by 5.0% during the 2nd quarter. Bamco Inc. NY now owns 12,524,752 shares of the electric vehicle producer’s stock worth $5,267,911,000 after purchasing an additional 591,243 shares during the period. One Plus One Wealth Management LLC purchased a new position in shares of Tesla during the 2nd quarter worth approximately $1,009,000. Bessemer Group Inc. lifted its holdings in shares of Tesla by 23.6% in the 1st quarter. Bessemer Group Inc. now owns 56,240 shares of the electric vehicle producer’s stock valued at $20,908,000 after buying an additional 10,747 shares during the period. H&H International Investment LLC acquired a new stake in shares of Tesla in the 1st quarter valued at approximately $1,267,259,000. Finally, MassMutual Private Wealth & Trust FSB boosted its stake in shares of Tesla by 12.4% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 43,600 shares of the electric vehicle producer’s stock valued at $15,470,000 after buying an additional 4,806 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock.

Tesla Stock Performance

TSLA opened at $397.45 on Friday. Tesla, Inc. has a 1-year low of $297.38 and a 1-year high of $498.83. The stock has a market cap of $1.57 trillion, a P/E ratio of 436.76, a P/E/G ratio of 24.21 and a beta of 1.74. The stock’s 50 day simple moving average is $374.47 and its 200 day simple moving average is $383.25. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.74 and a quick ratio of 1.39.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings data on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.02. The firm had revenue of $28.05 billion during the quarter, compared to analysts’ expectations of $28.06 billion. Tesla had a return on equity of 3.03% and a net margin of 3.11%. Tesla’s revenue was down .2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.50 earnings per share. As a group, equities analysts anticipate that Tesla, Inc. will post 0.67 EPS for the current fiscal year.

Latest Tesla News

These are some of the TSLA news items that stood out recently:

• Positive Sentiment: Progress in autonomy offers another potential growth narrative: Finland approved Tesla’s assisted-driving system, adding to the countries permitting it ahead of a broader EU decision. Tesla also says its Robotaxi service now runs around the clock in active cities, and reports say its registered Texas fleet has surpassed Waymo’s. Commercial scale and profitability have yet to be demonstrated. Article: Finland approves Tesla’s Assisted Driving system Article: Tesla Robotaxi 24/7 operations
• Neutral Sentiment: Tesla plans to wind down Cybertruck production by summer 2027 and shift Texas capacity toward Cybercab, while CEO Elon Musk says production will continue to address the existing backlog. The pivot could free resources for autonomy, but its payoff depends on Cybercab execution and demand. Article: Tesla’s Plan to End Cybertruck Reveals Its Real Priorities
• Negative Sentiment: Bearish commentary points to Tesla’s rich valuation and limited near-term profit growth. A separate report says Musk’s proposed chip-building ambitions could require enormous investment—potentially beyond Tesla’s cash-flow capacity—raising questions about funding and returns. Article: Tesla valuation downgrade Article: Musk’s chip plan and Tesla cash flow

Insider Buying and Selling at Tesla

In other news, CFO Vaibhav Taneja sold 2,606 shares of the firm’s 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 owned 25,972 shares in the company, valued at $9,353,296.36. This trade represents a 9.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 20.00% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

TSLA has been the topic of a number of recent analyst reports. Wall Street Zen lowered Tesla from a “hold” rating to a “sell” rating in a report on Saturday, October 24th. The Goldman Sachs Group reissued a “neutral” rating on shares of Tesla in a report on Thursday, October 22nd. Needham & Company LLC restated a “hold” rating on shares of Tesla in a research report on Thursday, October 22nd. CLSA reaffirmed an “underperform” rating on shares of Tesla in a research note on Monday, October 26th. Finally, Piper Sandler reiterated an “overweight” rating and issued a $475.00 price target (up from $450.00) on shares of Tesla in a report on Thursday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, seventeen have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $414.51.

Tesla Profile

Tesla, Inc. designs, develops, manufactures and sells electric vehicles and energy products. Its vehicle lineup includes the Model S, Model 3, Model X, Model Y and Cybertruck, along with related software and services. The company also provides energy generation and storage products, including solar systems, Powerwall home batteries and Megapack utility-scale storage. Its services include vehicle maintenance, charging through the Supercharger network and software features for its vehicles. Founded in 2003 and headquartered in Austin, Texas, Tesla serves customers in markets around the world.