Tesla Inc (NASDAQ:TSLA) SVP Andrew D. Baglino Sells 4,000 Shares
Tesla Inc (NASDAQ:TSLA) SVP Andrew D. Baglino sold 4,000 shares of the business’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of $1,456.18, for a total transaction of $5,824,720.00. Following the completion of the sale, the senior vice president now directly owns 8,122 shares of the company’s stock, valued at approximately $11,827,093.96. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Shares of NASDAQ TSLA opened at $1,487.49 on Friday. Tesla Inc has a 12-month low of $211.00 and a 12-month high of $1,794.99. The firm has a market cap of $275.74 billion, a PE ratio of 774.74, a P/E/G ratio of 25.57 and a beta of 1.19. The company’s fifty day simple moving average is $1,249.75 and its 200 day simple moving average is $828.57. The company has a quick ratio of 0.87, a current ratio of 1.24 and a debt-to-equity ratio of 1.07.
Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Wednesday, July 22nd. The electric vehicle producer reported $2.18 earnings per share for the quarter, beating analysts’ consensus estimates of ($2.35) by $4.53. Tesla had a net margin of 1.43% and a return on equity of 4.53%. The firm had revenue of $6.04 billion for the quarter, compared to analyst estimates of $4.96 billion. During the same period last year, the firm earned ($1.12) earnings per share. On average, equities analysts predict that Tesla Inc will post 1.65 earnings per share for the current year.
TSLA has been the subject of a number of recent research reports. Nord/LB reissued a “sell” rating and issued a $600.00 price objective on shares of Tesla in a report on Thursday, July 23rd. ValuEngine downgraded shares of Tesla from a “buy” rating to a “hold” rating in a report on Friday, May 1st. Goldman Sachs Group boosted their price objective on shares of Tesla to $1,475.00 and gave the company a “neutral” rating in a report on Thursday, July 23rd. They noted that the move was a valuation call. Sanford C. Bernstein reissued a “sell” rating and issued a $900.00 price objective on shares of Tesla in a report on Wednesday. Finally, Roth Capital raised shares of Tesla from a “sell” rating to a “neutral” rating and boosted their price objective for the company from $350.00 to $750.00 in a report on Monday, July 13th. Thirteen research analysts have rated the stock with a sell rating, seventeen have given a hold rating, five have issued a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $846.94.
Tesla Company Profile
Tesla, Inc designs, develops, manufactures, and sells electric vehicles, and energy generation and storage systems in the United States, China, Netherlands, Norway, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers sedans and sport utility vehicles.
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