Tesla Inc (NASDAQ:TSLA) VP John Douglas Field sold 1,400 shares of the firm’s stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $340.67, for a total transaction of $476,938.00. Following the completion of the sale, the vice president now owns 21,528 shares in the company, valued at $7,333,943.76. The sale was disclosed in a document filed with the SEC, which is available at this link.

John Douglas Field also recently made the following trade(s):

  • On Thursday, November 2nd, John Douglas Field sold 600 shares of Tesla stock. The shares were sold at an average price of $301.60, for a total transaction of $180,960.00.

Shares of Tesla Inc (NASDAQ:TSLA) opened at $343.45 on Monday. The company has a current ratio of 1.09, a quick ratio of 0.71 and a debt-to-equity ratio of 1.66. Tesla Inc has a fifty-two week low of $197.60 and a fifty-two week high of $389.61.

Tesla (NASDAQ:TSLA) last issued its earnings results on Wednesday, November 1st. The electric vehicle producer reported ($2.92) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($3.09) by $0.17. The business had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $2.94 billion. Tesla had a negative net margin of 13.09% and a negative return on equity of 24.88%. The business’s quarterly revenue was up 29.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.71 earnings per share. analysts forecast that Tesla Inc will post -11.38 EPS for the current year.

Several large investors have recently modified their holdings of the company. Janus Henderson Group PLC lifted its stake in shares of Tesla by 126.6% in the third quarter. Janus Henderson Group PLC now owns 547,072 shares of the electric vehicle producer’s stock valued at $186,601,000 after purchasing an additional 305,596 shares during the period. Vanguard Group Inc. lifted its stake in shares of Tesla by 4.9% in the second quarter. Vanguard Group Inc. now owns 6,227,401 shares of the electric vehicle producer’s stock valued at $2,251,890,000 after purchasing an additional 292,602 shares during the period. Whale Rock Capital Management LLC acquired a new stake in shares of Tesla in the second quarter valued at about $66,601,000. Jasper Ridge Partners L.P. lifted its stake in shares of Tesla by 7,001.5% in the second quarter. Jasper Ridge Partners L.P. now owns 161,276 shares of the electric vehicle producer’s stock valued at $58,319,000 after purchasing an additional 159,005 shares during the period. Finally, Quantitative Investment Management LLC acquired a new stake in shares of Tesla in the second quarter valued at about $52,108,000. 57.20% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages have recently weighed in on TSLA. Sanford C. Bernstein set a $265.00 price objective on shares of Tesla and gave the company a “neutral” rating in a report on Wednesday, September 20th. Jefferies Group began coverage on shares of Tesla in a report on Tuesday, September 19th. They issued an “underperform” rating and a $280.00 price objective on the stock. They noted that the move was a valuation call. Instinet began coverage on shares of Tesla in a report on Wednesday, October 4th. They issued a “buy” rating and a $500.00 price objective on the stock. Vetr upgraded shares of Tesla from a “strong sell” rating to a “sell” rating and set a $308.16 price objective on the stock in a report on Tuesday, October 3rd. Finally, Nomura began coverage on shares of Tesla in a report on Wednesday, October 4th. They issued a “buy” rating and a $500.00 price objective on the stock. Thirteen research analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $331.04.

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About Tesla

Tesla, Inc, formerly Tesla Motors, Inc, designs, develops, manufactures and sells fully electric vehicles, and energy storage systems, as well as installs, operates and maintains solar and energy storage products. The Company operates through two segments: Automotive, and Energy generation and storage.

Insider Buying and Selling by Quarter for Tesla (NASDAQ:TSLA)

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