Share on Stocktwits Empirical Financial Services LLC d.b.a. Empirical Wealth Management lowered its stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 4.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 65,823 shares of the electric vehicle producer’s stock after selling 3,079 shares during the period. Tesla makes up about 0.6% of Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s investment portfolio, making the stock its 29th largest holding. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Tesla were worth $29,273,000 as of its most recent filing with the SEC. Get Tesla alerts: A number of other hedge funds have also modified their holdings of TSLA. Chapman Financial Group LLC acquired a new stake in Tesla during the 2nd quarter worth about $26,000. Manning & Napier Advisors LLC acquired a new position in Tesla in the 3rd quarter worth approximately $29,000. CoreFirst Bank & Trust purchased a new position in Tesla during the 2nd quarter worth approximately $30,000. ESL Trust Services LLC lifted its holdings in shares of Tesla by 1,900.0% in the second quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock valued at $32,000 after purchasing an additional 95 shares in the last quarter. Finally, Delos Wealth Advisors LLC acquired a new stake in shares of Tesla in the second quarter worth $32,000. 66.20% of the stock is currently owned by institutional investors and hedge funds. Tesla Stock Up 0.0% Shares of Tesla stock opened at $411.82 on Friday. Tesla, Inc. has a 12-month low of $214.25 and a 12-month high of $498.83. The stock has a market capitalization of $1.55 trillion, a P/E ratio of 381.31, a PEG ratio of 14.49 and a beta of 1.86. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. The stock has a 50 day moving average price of $440.65 and a two-hundred day moving average price of $417.52. Tesla (NASDAQ:TSLA – Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The business had revenue of $24.90 billion during the quarter, compared to the consensus estimate of $24.75 billion. During the same period in the prior year, the firm earned $0.73 EPS. Tesla’s quarterly revenue was down 3.1% compared to the same quarter last year. Equities analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year. Tesla News Roundup