Tesla Inc (NASDAQ:TSLA) Director Kathleen Wilson-Thompson sold 12,500 shares of the company’s stock in a transaction dated Wednesday, September 30th. The shares were sold at an average price of $426.97, for a total transaction of $5,337,125.00.
Following the completion of the sale, the director now directly owns 14,300 shares of the company’s stock, valued at $6,105,671. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Kathleen Wilson-Thompson also recently made the following trade(s):
On Monday, August 31st, Kathleen Wilson-Thompson sold 12,500 shares of Tesla stock. The stock was sold at an average price of $451.48, for a total value of $5,643,500.00.
Shares of NASDAQ TSLA opened at $425.68 on Tuesday. The company has a current ratio of 1.25, a quick ratio of 0.92 and a debt-to-equity ratio of 0.98. The company’s 50-day moving average price is $413.66 and its 200 day moving average price is $247.47. Tesla Inc has a 52 week low of $45.71 and a 52 week high of $502.49. The stock has a market cap of $394.54 billion, a price-to-earnings ratio of 1,108.54, a PEG ratio of 15.47 and a beta of 1.63.
Tesla (NASDAQ:TSLA) last released its quarterly earnings results on Wednesday, July 22nd. The electric vehicle producer reported $0.44 EPS for the quarter, beating the consensus estimate of ($0.47) by $0.91. Tesla had a net margin of 1.43% and a return on equity of 4.19%. The business had revenue of $6.04 billion for the quarter, compared to analyst estimates of $4.96 billion. During the same period in the prior year, the business earned ($0.22) earnings per share. As a group, research analysts expect that Tesla Inc will post 0.69 earnings per share for the current year.
Several analysts have commented on the company. New Street Research downgraded Tesla from a “buy” rating to a “neutral” rating in a research note on Thursday, July 23rd. Daiwa Capital Markets cut Tesla from an “outperform” rating to a “neutral” rating in a research note on Friday, July 24th. Cfra raised Tesla from a “sell” rating to a “buy” rating in a report on Friday, September 4th. JPMorgan Chase & Co. boosted their price objective on shares of Tesla from $65.00 to $75.00 and gave the company an “underweight” rating in a research note on Monday. They noted that the move was a valuation call. Finally, Citigroup restated a “buy” rating on shares of Tesla in a research report on Tuesday, September 29th. Nine research analysts have rated the stock with a sell rating, eighteen have given a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $205.12.
A number of institutional investors have recently added to or reduced their stakes in TSLA. SG Americas Securities LLC increased its stake in shares of Tesla by 100.9% during the 2nd quarter. SG Americas Securities LLC now owns 29,906 shares of the electric vehicle producer’s stock valued at $32,293,000 after acquiring an additional 3,259,688 shares during the last quarter. J.Safra Asset Management Corp raised its stake in shares of Tesla by 52,300.0% in the 1st quarter. J.Safra Asset Management Corp now owns 1,310,000 shares of the electric vehicle producer’s stock worth $250,000 after buying an additional 1,307,500 shares in the last quarter. Darsana Capital Partners LP bought a new stake in shares of Tesla in the 1st quarter worth $262,000,000. Two Sigma Advisers LP acquired a new stake in shares of Tesla in the first quarter valued at $100,559,000. Finally, Vanguard Group Inc. boosted its stake in Tesla by 2.2% during the second quarter. Vanguard Group Inc. now owns 8,852,837 shares of the electric vehicle producer’s stock valued at $9,559,382,000 after buying an additional 190,056 shares in the last quarter. 48.22% of the stock is owned by institutional investors.
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.
