Tesla Inc (TSLA) VP Sells $543802.00 in Stock

Tesla Inc (NASDAQ:TSLA) VP Eric Branderiz sold 1,736 shares of the firm’s stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $313.25, for a total transaction of $543,802.00. Following the completion of the transaction, the vice president now directly owns 1,225 shares of the company’s stock, valued at approximately $383,731.25. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Eric Branderiz also recently made the following trade(s):

On Thursday, December 7th, Eric Branderiz sold 1,229 shares of Tesla stock. The shares were sold at an average price of $312.61, for a total transaction of $384,197.69.
On Friday, November 10th, Eric Branderiz sold 1,736 shares of Tesla stock. The shares were sold at an average price of $302.31, for a total transaction of $524,810.16.
On Tuesday, October 24th, Eric Branderiz sold 1,736 shares of Tesla stock. The stock was sold at an average price of $339.49, for a total transaction of $589,354.64.
On Tuesday, September 5th, Eric Branderiz sold 99 shares of Tesla stock. The stock was sold at an average price of $350.12, for a total transaction of $34,661.88.

Tesla Inc (TSLA) opened at $343.45 on Monday. Tesla Inc has a 1 year low of $197.60 and a 1 year high of $389.61. The company has a quick ratio of 0.71, a current ratio of 1.09 and a debt-to-equity ratio of 1.66.

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

A number of research analysts recently issued reports on TSLA shares. BidaskClub downgraded shares of Tesla from a “buy” rating to a “hold” rating in a research note on Tuesday, August 22nd. Deutsche Bank reiterated a “hold” rating and issued a $320.00 price target (up previously from $240.00) on shares of Tesla in a research note on Tuesday, September 5th. Morgan Stanley reiterated a “hold” rating and issued a $317.00 price target on shares of Tesla in a research note on Thursday, September 7th. Barclays reiterated an “underweight” rating and issued a $210.00 price target (up previously from $165.00) on shares of Tesla in a research note on Wednesday, September 13th. Finally, Sanford C. Bernstein reissued a “hold” rating and set a $265.00 price objective on shares of Tesla in a report on Thursday, September 14th. Thirteen analysts have rated the stock with a sell rating, ten have issued a hold rating and eleven have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $331.04.

Large investors have recently bought and sold shares of the stock. Wealthcare Advisory Partners LLC purchased a new stake in shares of Tesla during the 3rd quarter worth $100,000. Mckinley Capital Management LLC Delaware purchased a new stake in shares of Tesla during the 3rd quarter worth $106,000. Pittenger & Anderson Inc. boosted its position in shares of 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 purchasing an additional 50 shares in the last quarter. Winfield Associates Inc. boosted its position in shares of Tesla by 85.2% during the 2nd quarter. Winfield Associates Inc. now owns 326 shares of the electric vehicle producer’s stock worth $118,000 after purchasing an additional 150 shares in the last quarter. Finally, First Eagle Investment Management LLC boosted its position in shares of 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 purchasing an additional 300 shares in the last quarter. Hedge funds and other institutional investors own 57.20% of the company’s stock.

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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)

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