Tesla Inc. (NASDAQ:TSLA) VP John Douglas Field sold 600 shares of the business’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $301.60, for a total value of $180,960.00. Following the transaction, the vice president now directly owns 21,424 shares in the company, valued at $6,461,478.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Tesla Inc. (NASDAQ TSLA) opened at $306.05 on Wednesday. The company has a debt-to-equity ratio of 1.15, a quick ratio of 0.60 and a current ratio of 0.97. Tesla Inc. has a 1-year low of $178.19 and a 1-year high of $389.61.

Tesla (NASDAQ:TSLA) last posted its quarterly earnings data on Wednesday, November 1st. The electric vehicle producer reported ($2.92) EPS for the quarter, beating analysts’ consensus estimates of ($3.09) by $0.17. The company had revenue of $2.99 billion during the quarter, compared to analysts’ expectations of $2.94 billion. Tesla had a negative return on equity of 24.80% and a negative net margin of 13.09%. Tesla’s revenue for the quarter was up 29.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.71 earnings per share. research analysts predict that Tesla Inc. will post -11.38 earnings per share for the current year.

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TSLA has been the topic of several research analyst reports. Vetr cut Tesla from a “strong-buy” rating to a “buy” rating and set a $358.85 target price on the stock. in a research note on Tuesday, July 11th. Royal Bank Of Canada reissued a “hold” rating and set a $314.00 target price on shares of Tesla in a research note on Wednesday, July 12th. Citigroup Inc. initiated coverage on Tesla in a research note on Thursday, July 20th. They set a “neutral” rating and a $357.00 target price on the stock. UBS AG reissued a “sell” rating and set a $185.00 target price on shares of Tesla in a research note on Wednesday, July 26th. Finally, Robert W. Baird reissued an “outperform” rating and set a $368.00 target price on shares of Tesla in a research note on Wednesday, July 26th. Ten research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $330.44.

A number of institutional investors have recently bought and sold shares of the stock. Banque Pictet & Cie SA increased its position in Tesla by 18.4% during the third quarter. Banque Pictet & Cie SA now owns 3,598 shares of the electric vehicle producer’s stock valued at $1,227,000 after acquiring an additional 558 shares during the last quarter. Commonwealth Equity Services Inc increased its position in Tesla by 8.2% during the third quarter. Commonwealth Equity Services Inc now owns 40,037 shares of the electric vehicle producer’s stock valued at $13,656,000 after acquiring an additional 3,044 shares during the last quarter. Ashfield Capital Partners LLC increased its position in Tesla by 10.7% during the third quarter. Ashfield Capital Partners LLC now owns 2,717 shares of the electric vehicle producer’s stock valued at $927,000 after acquiring an additional 262 shares during the last quarter. Quantbot Technologies LP purchased a new stake in Tesla during the third quarter valued at $2,495,000. Finally, Cambridge Investment Research Advisors Inc. increased its position in Tesla by 8.5% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 16,675 shares of the electric vehicle producer’s stock valued at $5,688,000 after acquiring an additional 1,303 shares during the last quarter. Institutional investors own 56.52% of the company’s stock.

Tesla Company Profile

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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