Perennial Investment Advisors LLC Buys 92,317 Shares of Tesla, Inc. $TSLA
- by lulegacy
- Mar 06, 2026
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Key Points
Perennial Investment Advisors LLC increased its Tesla stake by 323.3%, buying 92,317 shares to hold 120,869 shares (about 4.4% of its portfolio), worth roughly $53.75 million and making TSLA its second-largest position.
Analyst views are mixed: the consensus rating is a Hold with a $406.84 price target, but firms range from upgrades (e.g., New Street to $600) to downgrades, and Bank of America recently reinstated a Buy with a $460 target.
Near-term risks include a binary regulatory event—the NHTSA FSD data submission due March 9—and tangible demand pressure (UK deliveries fell ~37%), while competition from BYD and recent insider selling further weigh on sentiment. 5 Stocks Racing Ahead as AI Supercharges Robotics
TSLA opened at $405.39 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16. Tesla, Inc. has a one year low of $214.25 and a one year high of $498.83. The company has a market cap of $1.52 trillion, a P/E ratio of 375.36, a PEG ratio of 14.45 and a beta of 1.89. The business's 50-day simple moving average is $426.74 and its 200-day simple moving average is $422.24.
Tesla (NASDAQ:TSLA - Get Free Report) last posted its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.05. The firm had revenue of $24.90 billion during the quarter, compared to analysts' expectations of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The firm's revenue was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.73 earnings per share. As a group, equities research analysts expect that Tesla, Inc. will post 2.56 EPS for the current fiscal year.
Insider Activity at Tesla
In other news, CFO Vaibhav Taneja sold 2,637 shares of the company's stock in a transaction on Monday, December 8th. The shares were sold at an average price of $443.93, for a total value of $1,170,643.41. Following the completion of the transaction, the chief financial officer owned 13,757 shares in the company, valued at approximately $6,107,145.01. This represents a 16.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director James R. Murdoch sold 60,000 shares of Tesla stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the sale, the director owned 577,031 shares in the company, valued at $257,009,607.40. This represents a 9.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 145,188 shares of company stock worth $64,193,919 over the last 90 days. 19.90% of the stock is owned by corporate insiders.
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