Brandywine Oak Private Wealth LLC Has $1.65 Million Holdings in Tesla, Inc. (NASDAQ:TSLA)

Brandywine Oak Private Wealth LLC boosted its position in shares of Tesla, Inc. (NASDAQ:TSLA) by 0.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 4,079 shares of the electric vehicle producer’s stock after buying an additional 30 shares during the quarter. Brandywine Oak Private Wealth LLC’s holdings in Tesla were worth $1,647,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in TSLA. Kercheville Advisors LLC increased its stake in shares of Tesla by 42.0% during the 4th quarter. Kercheville Advisors LLC now owns 9,220 shares of the electric vehicle producer’s stock worth $3,723,000 after purchasing an additional 2,727 shares during the last quarter. NovaPoint Capital LLC increased its position in Tesla by 13.4% during the fourth quarter. NovaPoint Capital LLC now owns 2,120 shares of the electric vehicle producer’s stock worth $856,000 after buying an additional 250 shares during the last quarter. Trilogy Capital Inc. raised its stake in Tesla by 5.7% in the fourth quarter. Trilogy Capital Inc. now owns 4,288 shares of the electric vehicle producer’s stock valued at $1,732,000 after buying an additional 231 shares during the period. Meadow Creek Wealth Advisors LLC acquired a new stake in shares of Tesla in the fourth quarter valued at approximately $479,000. Finally, Inman Jager Wealth Management LLC bought a new position in shares of Tesla during the 4th quarter worth approximately $459,000. Institutional investors and hedge funds own 66.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft raised their price target on Tesla from $295.00 to $370.00 and gave the company a “buy” rating in a report on Monday, December 9th. Truist Financial lifted their target price on shares of Tesla from $351.00 to $373.00 and gave the stock a “hold” rating in a report on Thursday, January 30th. Jefferies Financial Group increased their price target on shares of Tesla from $195.00 to $300.00 and gave the company a “hold” rating in a report on Thursday, November 14th. Wells Fargo & Company boosted their price objective on Tesla from $125.00 to $135.00 and gave the stock an “underweight” rating in a report on Thursday, January 30th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and set a $365.00 target price on shares of Tesla in a research note on Wednesday, January 29th. Nine analysts have rated the stock with a sell rating, twelve have assigned a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Tesla presently has an average rating of “Hold” and an average target price of $322.29.

Tesla Price Performance

TSLA stock opened at $361.62 on Monday. The company has a market capitalization of $1.16 trillion, a P/E ratio of 177.27, a PEG ratio of 6.22 and a beta of 2.34. Tesla, Inc. has a 52-week low of $138.80 and a 52-week high of $488.54. The company has a fifty day moving average price of $408.27 and a 200-day moving average price of $303.93. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.61 and a current ratio of 2.02.

Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Wednesday, January 29th. The electric vehicle producer reported $0.66 EPS for the quarter, missing analysts’ consensus estimates of $0.74 by ($0.08). Tesla had a net margin of 7.26% and a return on equity of 10.31%. As a group, equities analysts expect that Tesla, Inc. will post 2.54 EPS for the current year.

Insiders Place Their Bets

In related news, Director Robyn M. Denholm sold 112,390 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $384.04, for a total value of $43,162,255.60. Following the transaction, the director now owns 85,000 shares in the company, valued at $32,643,400. The trade was a 56.94 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Vaibhav Taneja sold 7,000 shares of the stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $354.43, for a total value of $2,481,010.00. Following the sale, the chief financial officer now owns 105,032 shares of the company’s stock, valued at approximately $37,226,491.76. The trade was a 6.25 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 560,776 shares of company stock worth $203,744,862. 20.70% of the stock is currently owned by insiders.

Tesla Company 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.