Tesla (NASDAQ:TSLA) Director Kathleen Wilson-Thompson Sells 25,809 Shares of Stock

Tesla, Inc. (NASDAQ:TSLAGet Free Report) Director Kathleen Wilson-Thompson sold 25,809 shares of Tesla stock in a transaction on Monday, March 30th. The stock was sold at an average price of $359.33, for a total value of $9,273,947.97. Following the transaction, the director owned 33,860 shares in the company, valued at approximately $12,166,913.80. This represents a 43.25% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Kathleen Wilson-Thompson also recently made the following trade(s):

  • On Wednesday, February 25th, Kathleen Wilson-Thompson sold 25,731 shares of Tesla stock. The shares were sold at an average price of $415.56, for a total transaction of $10,692,774.36.

Tesla Price Performance

Tesla stock opened at $360.59 on Friday. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08. The company has a 50-day moving average price of $402.83 and a 200 day moving average price of $427.85. Tesla, Inc. has a 12-month low of $214.25 and a 12-month high of $498.83. The stock has a market cap of $1.35 trillion, a P/E ratio of 333.88, a PEG ratio of 11.31 and a beta of 1.91.

Tesla (NASDAQ:TSLAGet Free Report) last posted its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.05. The company had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. Tesla’s revenue was down 3.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.73 EPS. Sell-side analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current year.

Analysts Set New Price Targets

TSLA has been the subject of several recent analyst reports. Stifel Nicolaus set a $508.00 target price on Tesla in a research note on Thursday, January 29th. President Capital lowered their price target on Tesla from $517.00 to $500.00 and set a “buy” rating for the company in a report on Friday, January 30th. Needham & Company LLC reissued a “hold” rating on shares of Tesla in a research report on Thursday, January 29th. Truist Financial reduced their price objective on shares of Tesla from $439.00 to $438.00 and set a “hold” rating on the stock in a report on Thursday, January 29th. Finally, Royal Bank Of Canada reaffirmed a “buy” rating on shares of Tesla in a research note on Thursday, March 26th. Nineteen research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and ten have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Tesla currently has a consensus rating of “Hold” and a consensus price target of $403.98.

View Our Latest Stock Report on TSLA

Institutional Investors Weigh In On Tesla

Institutional investors and hedge funds have recently modified their holdings of the company. Networth Advisors LLC purchased a new stake in Tesla during the fourth quarter worth about $26,000. Davidson Capital Management Inc. boosted its stake in shares of Tesla by 79.4% in the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock valued at $27,000 after purchasing an additional 27 shares during the period. Turning Point Benefit Group Inc. purchased a new position in shares of Tesla in the third quarter valued at approximately $30,000. Manning & Napier Advisors LLC acquired a new position in shares of Tesla in the third quarter valued at approximately $29,000. Finally, Prism Advisors Inc. purchased a new stake in Tesla during the 4th quarter worth approximately $30,000. Hedge funds and other institutional investors own 66.20% of the company’s stock.

Key Stories Impacting Tesla

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Tesla Company Profile

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Tesla, Inc (NASDAQ: TSLA) is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean‑energy company with Elon Musk serving as its chief executive officer. The company’s stated mission is to accelerate the world’s transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.

Tesla’s automotive business includes a lineup of battery‑electric vehicles and related services.

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Insider Buying and Selling by Quarter for Tesla (NASDAQ:TSLA)

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