Institutional Investors Are Buying Tesla Motors Inc (NASDAQ:TSLA)

November 26, 2017 - By Henry Gaston

Sentiment for Tesla Motors Inc (NASDAQ:TSLA)

Tesla Motors Inc (NASDAQ:TSLA) institutional sentiment increased to 1.27 in Q2 2017. Its up 0.19, from 1.08 in 2017Q1. The ratio improved, as 308 funds started new and increased holdings, while 242 reduced and sold positions in Tesla Motors Inc. The funds in our partner’s database reported: 92.06 million shares, down from 102.64 million shares in 2017Q1. Also, the number of funds holding Tesla Motors Inc in their top 10 holdings increased from 17 to 21 for an increase of 4. Sold All: 83 Reduced: 159 Increased: 197 New Position: 111.

Tesla, Inc., formerly Tesla Motors, Inc., designs, develops, makes and sells fully electric vehicles, and energy storage systems, as well as installs, operates and maintains solar and energy storage products. The company has market cap of $53.03 billion. The Firm operates through two divisions: Automotive, and Energy generation and storage. It currently has negative earnings. The Automotive segment includes the design, development, manufacturing, and sales of electric vehicles.

The stock increased 0.94% or $2.95 on November 24, reaching $315.55. About 3.24M shares traded. Tesla Inc (NASDAQ:TSLA) has risen 44.43% since November 26, 2016 and is uptrending. It has outperformed by 27.73% the S&P500.

Wall Street await Tesla Inc (NASDAQ:TSLA) to release earnings on February, 28. Analysts forecast earnings per share of $-3.75, down exactly $2.50 or 200.00 % from 2014’s $-1.25 EPS. After posting $-3.59 EPS for the previous quarter, Tesla Inc’s analysts now forecast 4.46 % negative EPS growth.

Founders Fund Iv Management Llc holds 100% of its portfolio in Tesla Inc for 108,492 shares. J&P(China)Capital Management Co.Ltd owns 773,979 shares or 58.99% of their US portfolio. Moreover, Keywise Capital Management Ltd has 22.42% invested in the company for 113,330 shares. The New York-based Jw Asset Management Llc has invested 13.58% in the stock. Domini Impact Investments Llc, a New York-based fund reported 1,159 shares.#img1#

Since January 1, 0001, it had 0 insider buys, and 1 sale for $1.61 million activity.

Tesla Inc (NASDAQ:TSLA) Ratings Coverage

Ratings analysis reveals 34% of Tesla Motors Inc’s analysts are positive. Out of 32 Wall Street analysts rating Tesla Motors Inc, 11 give it “Buy”, 9 “Sell” rating, while 12 recommend “Hold”. The lowest target is $140 while the high is $500. The stock’s average target of $303.41 is -3.85% below today’s ($315.55) share price. TSLA was included in 110 notes of analysts from July 21, 2015. Robert W. Baird upgraded it to “Outperform” rating and $300 target in Monday, March 14 report. The stock of Tesla Inc (NASDAQ:TSLA) earned “Sector Perform” rating by RBC Capital Markets on Thursday, February 11. Bank of America maintained Tesla Inc (NASDAQ:TSLA) on Friday, August 7 with “Underperform” rating. The rating was maintained by Robert W. Baird with “Buy” on Thursday, November 2. The firm has “Sell” rating given on Friday, June 30 by Goldman Sachs. The firm has “Buy” rating by Robert W. Baird given on Tuesday, June 20. The rating was maintained by JP Morgan on Friday, August 7 with “Sell”. Robert W. Baird maintained the stock with “Buy” rating in Wednesday, July 26 report. The rating was downgraded by Barclays Capital on Friday, October 9 to “Underweight”. The firm earned “Sell” rating on Monday, February 27 by Goldman Sachs.

More notable recent Tesla Inc (NASDAQ:TSLA) news were published by: Forbes.com</a> which released: “Earnings Preview: What To Expect From Tesla On Wednesday” on October 27, 2017, also Usnews.com</a> with their article: “Now Elon Musk Is Going to Blow Your Mind” published on November 16, 2017, Nasdaq.com</a> published: “Gsa Capital Partners Llp Buys Yandex NV, Tesla Inc, The Priceline Group Inc …” on November 21, 2017. More interesting news about Tesla Inc (NASDAQ:TSLA) were released by: Seekingalpha.com</a> and their article: “The Good, Bad, And Ugly From The Semi Unveiling” published on November 17, 2017 as well as Fool.com</a>‘s news article titled: “Better Buy: Toyota Motor Corporation vs. Tesla Inc.” with publication date: November 08, 2017.

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