Valued Wealth Advisors LLC Has $107,000 Holdings in Tesla, Inc. (NASDAQ:TSLA)

Valued Wealth Advisors LLC boosted its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 14.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 408 shares of the electric vehicle producer’s stock after acquiring an additional 52 shares during the period. Valued Wealth Advisors LLC’s holdings in Tesla were worth $107,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of TSLA. Creative Financial Designs Inc. ADV grew its position in Tesla by 3.5% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 8,014 shares of the electric vehicle producer’s stock worth $2,097,000 after purchasing an additional 274 shares during the last quarter. Hills Bank & Trust Co bought a new stake in shares of Tesla in the 3rd quarter worth approximately $137,000. Pacific Sage Partners LLC grew its holdings in shares of Tesla by 2.3% during the 3rd quarter. Pacific Sage Partners LLC now owns 6,813 shares of the electric vehicle producer’s stock worth $1,782,000 after purchasing an additional 155 shares in the last quarter. Oak Ridge Investments LLC raised its stake in shares of Tesla by 7.7% in the third quarter. Oak Ridge Investments LLC now owns 38,503 shares of the electric vehicle producer’s stock valued at $10,074,000 after purchasing an additional 2,753 shares in the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC lifted its position in Tesla by 21.6% in the third quarter. Baron Silver Stevens Financial Advisors LLC now owns 3,773 shares of the electric vehicle producer’s stock worth $987,000 after purchasing an additional 671 shares during the period. 66.20% of the stock is currently owned by institutional investors.

Tesla Stock Performance

NASDAQ TSLA traded up $2.29 on Friday, hitting $252.14. 6,950,241 shares of the stock were exchanged, compared to its average volume of 93,937,227. The company has a market capitalization of $809.38 billion, a PE ratio of 68.45, a P/E/G ratio of 8.49 and a beta of 2.29. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.84 and a quick ratio of 1.37. The business’s fifty day moving average is $233.56 and its 200 day moving average is $209.78. Tesla, Inc. has a 52 week low of $138.80 and a 52 week high of $273.54.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings results on Wednesday, October 23rd. The electric vehicle producer reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.14. The business had revenue of $25.18 billion during the quarter, compared to the consensus estimate of $25.47 billion. Tesla had a return on equity of 10.24% and a net margin of 13.07%. The company’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.53 EPS. Research analysts anticipate that Tesla, Inc. will post 1.96 EPS for the current fiscal year.

Insiders Place Their Bets

In other Tesla news, SVP Xiaotong Zhu sold 297 shares of the firm’s stock in a transaction dated Friday, September 6th. The shares were sold at an average price of $221.77, for a total value of $65,865.69. Following the transaction, the senior vice president now directly owns 67,491 shares of the company’s stock, valued at $14,967,479.07. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other Tesla news, CFO Vaibhav Taneja sold 4,000 shares of the company’s stock in a transaction dated Thursday, October 24th. The stock was sold at an average price of $250.00, for a total value of $1,000,000.00. Following the completion of the transaction, the chief financial officer now owns 105,032 shares of the company’s stock, valued at $26,258,000. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Xiaotong Zhu sold 297 shares of the business’s stock in a transaction dated Friday, September 6th. The stock was sold at an average price of $221.77, for a total value of $65,865.69. Following the sale, the senior vice president now owns 67,491 shares in the company, valued at approximately $14,967,479.07. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 12,297 shares of company stock worth $3,065,866 in the last 90 days. Company insiders own 20.70% of the company’s stock.

Analyst Ratings Changes

TSLA has been the topic of several analyst reports. Canaccord Genuity Group upped their price objective on Tesla from $254.00 to $278.00 and gave the company a “buy” rating in a research note on Thursday, October 24th. Piper Sandler increased their price objective on Tesla from $310.00 to $315.00 and gave the stock an “overweight” rating in a research note on Friday, October 25th. Phillip Securities upgraded shares of Tesla to a “moderate sell” rating in a research note on Friday, October 25th. New Street Research cut shares of Tesla from a “buy” rating to a “neutral” rating and set a $225.00 target price for the company. in a research report on Wednesday, July 24th. Finally, The Goldman Sachs Group boosted their price target on shares of Tesla from $230.00 to $250.00 and gave the company a “neutral” rating in a research report on Thursday, October 24th. Eight investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $219.45.

Tesla Profile

Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.