Tesla Inc (NASDAQ:TSLA) VP John Douglas Field sold 1,400 shares of the business’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 transaction, the vice president now owns 21,528 shares in the company, valued at $7,333,943.76. The transaction was disclosed in a legal filing with the SEC, which can be accessed through 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 (TSLA) traded up $5.56 during trading hours on Friday, reaching $343.45. 6,920,857 shares of the company were exchanged, compared to its average volume of 5,947,081. Tesla Inc has a 12-month low of $197.60 and a 12-month high of $389.61. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.09 and a quick ratio of 0.71.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings data on Wednesday, November 1st. The electric vehicle producer reported ($2.92) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($3.09) by $0.17. The firm had revenue of $2.99 billion during the quarter, compared to analysts’ expectations of $2.94 billion. Tesla had a negative net margin of 13.09% and a negative return on equity of 24.88%. Tesla’s revenue for the quarter was up 29.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.71 earnings per share. equities analysts anticipate that Tesla Inc will post -11.38 EPS for the current year.

Several equities analysts have recently commented on the stock. Robert W. Baird restated a “buy” rating and set a $411.00 price target on shares of Tesla in a report on Friday, September 29th. Vetr cut shares of Tesla from a “sell” rating to a “strong sell” rating and set a $298.58 price target on the stock. in a report on Tuesday, September 26th. Morgan Stanley restated an “equal weight” rating and set a $317.00 price target on shares of Tesla in a report on Tuesday, October 3rd. Piper Jaffray Companies restated an “overweight” rating and set a $386.00 price target on shares of Tesla in a report on Wednesday, September 27th. Finally, Instinet assumed coverage on shares of Tesla in a report on Wednesday, October 4th. They set a “buy” rating and a $500.00 price target on the stock. Thirteen analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $331.04.

Institutional investors have recently added to or reduced their stakes in the business. Wealthcare Advisory Partners LLC acquired a new position in Tesla during the 3rd quarter worth $100,000. Pittenger & Anderson Inc. lifted its position in Tesla by 20.0% during the 2nd quarter. Pittenger & Anderson Inc. now owns 300 shares of the electric vehicle producer’s stock worth $108,000 after acquiring an additional 50 shares during the last quarter. Mckinley Capital Management LLC Delaware acquired a new position in Tesla during the 3rd quarter worth $106,000. First Eagle Investment Management LLC lifted its position in Tesla by 285.7% during the 2nd quarter. First Eagle Investment Management LLC now owns 405 shares of the electric vehicle producer’s stock worth $146,000 after acquiring an additional 300 shares during the last quarter. Finally, First Personal Financial Services acquired a new position in Tesla during the 3rd quarter worth $148,000. 57.20% of the stock is owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION WARNING: This piece was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this piece on another publication, it was illegally copied and republished in violation of United States & international copyright and trademark law. The legal version of this piece can be accessed at https://www.thecerbatgem.com/2017/12/16/tesla-inc-tsla-vp-john-douglas-field-sells-1400-shares.html.

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)

Receive News & Stock Ratings for Tesla Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tesla and related stocks with our FREE daily email newsletter.