Tesla, Inc. $TSLA Shares Sold by Nisa Investment Advisors LLC

Key Points

• Nisa Investment Advisors reduced its Tesla stake by 0.3% in the third quarter, selling 1,664 shares and retaining 512,718 shares valued at approximately $181.9 million. Institutional investors collectively own 66.2% of Tesla.
• Tesla’s third-quarter adjusted EPS of $0.48 beat expectations, while revenue of $28.05 billion was essentially in line with forecasts. However, operating income fell 56% year over year as spending on artificial intelligence, robotics and autonomous driving increased.
• Despite potential catalysts from robotaxis, Optimus robots and a possible SpaceX merger, Tesla faces pressure from weaker energy revenue and declining regulatory-credit sales. The stock has an average analyst rating of Hold, with an average price target of $415.07.

Nisa Investment Advisors LLC lessened its stake in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 0.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 512,718 shares of the electric vehicle producer's stock after selling 1,664 shares during the quarter. Tesla comprises approximately 0.5% of Nisa Investment Advisors LLC's investment portfolio, making the stock its 15th biggest holding. Nisa Investment Advisors LLC's holdings in Tesla were worth $181,917,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Capital Management Associates Inc lifted its stake in shares of Tesla by 3.3% during the third quarter. Capital Management Associates Inc now owns 1,339 shares of the electric vehicle producer's stock valued at $475,000 after acquiring an additional 43 shares during the period. Lakeshore Capital Group Inc. boosted its holdings in Tesla by 7.9% in the third quarter. Lakeshore Capital Group Inc. now owns 4,072 shares of the electric vehicle producer's stock valued at $1,445,000 after acquiring an additional 299 shares during the last quarter. Provident Wealth Management LLC acquired a new stake in Tesla in the third quarter worth about $260,000. Revisor Wealth Management LLC increased its position in Tesla by 4.2% in the third quarter. Revisor Wealth Management LLC now owns 12,393 shares of the electric vehicle producer's stock worth $4,396,000 after purchasing an additional 495 shares during the period. Finally, Redwood Family Wealth LLC raised its holdings in Tesla by 14.4% during the 3rd quarter. Redwood Family Wealth LLC now owns 692 shares of the electric vehicle producer's stock worth $246,000 after purchasing an additional 87 shares during the last quarter. 66.20% of the stock is owned by institutional investors.

Key Tesla News

Here are the key news stories impacting Tesla this week:

• Positive Sentiment: Adjusted earnings beat expectations: Tesla reported third-quarter EPS of $0.48, above the $0.45 consensus estimate. Revenue of approximately $28.05 billion was broadly in line with forecasts, while vehicle deliveries rebounded and services revenue increased 33%. Reuters Tesla earnings report
• Positive Sentiment: Cash generation and future businesses provided support: Tesla ended the quarter with roughly $45.4 billion in cash and generated about $1.5 billion in free cash flow. The company also began producing Optimus humanoid robots in Fremont, while driverless Cybercab rides and robotaxi expansion reinforce the long-term artificial-intelligence investment case. Business Insider Optimus production report
• Neutral Sentiment: SpaceX merger remains a major valuation catalyst—but only a possibility: Independent committees at Tesla and SpaceX are evaluating a potential merger, and Elon Musk has called the idea attractive. However, Musk offered no substantive new information during Wednesday’s discussion, and the transaction would require shareholder approval and could involve stock issuance that dilutes Tesla investors. MarketWatch Tesla SpaceX merger update
• Negative Sentiment: Profitability deteriorated sharply: Operating income fell 56% year over year as spending on AI, robotics and autonomous driving increased. The quarter’s revenue was essentially flat, and investors remain concerned that Tesla’s premium valuation depends increasingly on future businesses rather than its core automotive operations. Business Insider Tesla profit report
• Negative Sentiment: Energy and automotive pressures persisted: Energy-segment revenue missed estimates by about 22%, regulatory-credit revenue declined 76%, and analysts highlighted delays or uncertainty around key growth products. These results are weighing more heavily than the modest EPS and revenue beats. Investor's Business Daily Tesla energy revenue report

Tesla Price Performance

Shares of TSLA opened at $386.47 on Thursday. The company has a current ratio of 1.94, a quick ratio of 1.55 and a debt-to-equity ratio of 0.09. 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 $1.53 trillion, a P/E ratio of 357.85, a price-to-earnings-growth ratio of 23.73 and a beta of 1.92. The stock's 50-day moving average price is $362.72 and its two-hundred day moving average price is $377.16.

Tesla (NASDAQ:TSLA - Get Free Report) last posted its earnings results on Wednesday, October 21st. The electric vehicle producer reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.03. The company had revenue of $28.05 billion during the quarter, compared to analyst estimates of $28.06 billion. Tesla had a return on equity of 3.82% and a net margin of 3.67%. The company's revenue for the quarter was down .2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.50 EPS. On average, equities analysts predict that Tesla, Inc. will post 0.71 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have issued reports on TSLA. Guggenheim initiated coverage on shares of Tesla in a research report on Monday, June 29th. They set a "neutral" rating on the stock. Canaccord Genuity Group set a $410.00 target price on shares of Tesla and gave the company a "buy" rating in a research note on Thursday, July 23rd. Piper Sandler reiterated an "overweight" rating on shares of Tesla in a research report on Thursday. Morgan Stanley reissued a "reduce" rating on shares of Tesla in a research note on Monday, September 14th. Finally, UBS Group reissued a "neutral" rating on shares of Tesla in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, seventeen have given a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat.com, Tesla presently has an average rating of "Hold" and an average price target of $415.07.

Insiders Place Their Bets

In related news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction that occurred on Tuesday, September 8th. The shares were sold at an average price of $360.13, for a total transaction of $938,498.78. Following the transaction, the chief financial officer owned 25,972 shares of the company's stock, valued at $9,353,296.36. This trade represents a 9.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 19.90% of the stock is owned by insiders.

Tesla Profile

Tesla, Inc is an electric vehicle and clean energy company headquartered in Austin, Texas. Founded in 2003, the company designs, manufactures and sells electric vehicles, including the Model S, Model 3, Model X, Model Y and Cybertruck. Tesla also develops vehicle software, driver-assistance features and related services intended to support the operation and ownership of its vehicles.

Beyond automobiles, Tesla produces energy storage products for residential, commercial and utility-scale applications, including the Powerwall and Megapack.

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