1 week Ago By ABMN Staff
Shares of Tesla, Inc. ( NASDAQ:TSLA – Get Free Report ) have been assigned a consensus rating of “Hold” from the forty-one research firms that are currently covering the company, Marketbeat Ratings reports. Nine analysts have rated the stock with a sell rating, ten have issued a hold rating, twenty-one have given a buy rating and one has issued a strong buy rating on the company.
The average 1 year target price among analysts that have issued ratings on the stock in the last year is $287.46. Several brokerages have weighed in on TSLA.
Argus set a $410.00 price target on Tesla in a report on Thursday. Morgan Stanley reiterated a “buy” rating and issued a $430.
00 target price on shares of Tesla in a research note on Tuesday, April 22nd. Stifel Nicolaus set a $450.00 price target on shares of Tesla and gave the stock a “buy” rating in a report on Thursday.
The Goldman Sachs Group restated a “neutral” rating on shares of Tesla in a report on Tuesday, April 22nd. Finally, Evercore ISI lifted their price target on Tesla from $195.00 to $275.
00 and gave the stock an “in-line” rating in a report on Friday, January 3rd. Read Our Latest Report on Tesla Tesla Price Performance Tesla ( NASDAQ:TSLA – Get Free Report ) last posted its earnings results on Tuesday, April 22nd. The electric vehicle producer reported $0.
27 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.26).
The company had revenue of $19.34 billion for the quarter, compared to analysts’ expectations of $22.93 billion.
Tesla had a return on equity of 10.31% and a net margin of 7.26%.
During the same quarter in the prior year, the company earned $0.45 EPS. On average, research analysts forecast that Tesla will post 2.
56 earnings per share for the current year. Insider Buying and Selling In other Tesla news, Director Robyn M. Denholm sold 112,390 shares of the business’s stock in a transaction on Monday, February 3rd.
The shares were sold at an average price of $384.04, for a total value of $43,162,255.60.
Following the transaction, the director now directly owns 85,000 shares of the company’s stock, valued at approximately $32,643,400. The trade was a 56.94 % decrease in their position.
The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website . Also, Director James R. Murdoch sold 54,776 shares of the firm’s stock in a transaction on Monday, March 10th.
The stock was sold at an average price of $240.79, for a total transaction of $13,189,513.04.
Following the completion of the sale, the director now owns 477,011 shares of the company’s stock, valued at $114,859,478.69. This trade represents a 10.
30 % decrease in their position. The disclosure for this sale can be found here . Insiders sold a total of 374,228 shares of company stock worth $123,791,123 in the last 90 days.
Company insiders own 20.70% of the company’s stock. Institutional Inflows and Outflows Large investors have recently added to or reduced their stakes in the company.
Cherry Tree Wealth Management LLC grew its holdings in Tesla by 86.3% in the first quarter. Cherry Tree Wealth Management LLC now owns 95 shares of the electric vehicle producer’s stock valued at $25,000 after purchasing an additional 44 shares during the last quarter.
First PREMIER Bank increased its stake in shares of Tesla by 79.2% during the 1st quarter. First PREMIER Bank now owns 95 shares of the electric vehicle producer’s stock worth $25,000 after purchasing an additional 42 shares in the last quarter.
Newton One Investments LLC raised its position in shares of Tesla by 250.0% during the 1st quarter. Newton One Investments LLC now owns 105 shares of the electric vehicle producer’s stock worth $27,000 after purchasing an additional 75 shares during the last quarter.
True Wealth Design LLC lifted its stake in Tesla by 79.5% in the 4th quarter. True Wealth Design LLC now owns 70 shares of the electric vehicle producer’s stock valued at $28,000 after buying an additional 31 shares in the last quarter.
Finally, Horrell Capital Management Inc. grew its holdings in Tesla by 75.6% during the 4th quarter.
Horrell Capital Management Inc. now owns 79 shares of the electric vehicle producer’s stock valued at $32,000 after buying an additional 34 shares during the last quarter. 66.
20% of the stock is owned by hedge funds and other institutional investors. Tesla Company Profile ( Get Free Report Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage.
The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services. Featured Stories Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter .
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