Tesla Inc (TSLA) Shares Sold by WINTON GROUP Ltd

WINTON GROUP Ltd trimmed its stake in shares of Tesla Inc (NASDAQ:TSLA) by 35.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,224 shares of the electric vehicle producer’s stock after selling 658 shares during the period. WINTON GROUP Ltd’s holdings in Tesla were worth $418,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Pittenger & Anderson Inc. grew its stake in shares of Tesla by 20.0% in the 2nd quarter. Pittenger & Anderson Inc. now owns 300 shares of the electric vehicle producer’s stock worth $108,000 after buying an additional 50 shares in the last quarter. First Eagle Investment Management LLC grew its stake in shares of Tesla by 285.7% in the 2nd quarter. First Eagle Investment Management LLC now owns 405 shares of the electric vehicle producer’s stock worth $146,000 after buying an additional 300 shares in the last quarter. First Personal Financial Services purchased a new position in shares of Tesla in the 3rd quarter worth $148,000. WFG Advisors LP grew its stake in shares of Tesla by 106.8% in the 2nd quarter. WFG Advisors LP now owns 457 shares of the electric vehicle producer’s stock worth $165,000 after buying an additional 236 shares in the last quarter. Finally, Thompson Davis & CO. Inc. grew its stake in shares of Tesla by 152.0% in the 2nd quarter. Thompson Davis & CO. Inc. now owns 504 shares of the electric vehicle producer’s stock worth $182,000 after buying an additional 304 shares in the last quarter. 57.12% of the stock is owned by institutional investors.

A number of equities analysts have commented on TSLA shares. Sanford C. Bernstein set a $265.00 price objective on shares of Tesla and gave the stock a “neutral” rating in a research note on Wednesday, September 20th. Cascend Securities cut shares of Tesla from a “hold” rating to a “sell” rating and set a $250.00 price objective for the company. in a research note on Tuesday, December 5th. Evercore ISI dropped their price objective on shares of Tesla from $330.00 to $312.00 and set an “outperform” rating for the company in a research note on Sunday, October 29th. Vetr raised shares of Tesla from a “strong sell” rating to a “sell” rating and set a $293.06 price objective for the company in a research note on Wednesday, December 20th. Finally, Citigroup restated a “hold” rating and issued a $367.00 target price on shares of Tesla in a report on Wednesday, November 15th. Twelve research analysts have rated the stock with a sell rating, eleven have issued a hold rating and twelve have given a buy rating to the company. Tesla has an average rating of “Hold” and an average price target of $329.45.

In other Tesla news, Director Kimbal Musk sold 2,190 shares of the business’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $341.69, for a total transaction of $748,301.10. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP John Douglas Field sold 1,400 shares of the business’s stock in a transaction that occurred on Wednesday, December 13th. The stock was sold at an average price of $340.67, for a total transaction of $476,938.00. Following the sale, the vice president now directly owns 21,528 shares in the company, valued at approximately $7,333,943.76. The disclosure for this sale can be found here. In the last three months, insiders have sold 12,817 shares of company stock worth $4,171,699. 23.10% of the stock is owned by insiders.

Shares of Tesla Inc (NASDAQ:TSLA) traded down $4.01 during trading on Friday, hitting $311.35. 3,762,800 shares of the stock were exchanged, compared to its average volume of 5,305,264. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.71 and a current ratio of 1.09. Tesla Inc has a 52-week low of $210.96 and a 52-week high of $389.61. The stock has a market cap of $52,327.66, a P/E ratio of -36.37 and a beta of 0.95.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings data on Wednesday, November 1st. The electric vehicle producer reported ($2.92) earnings per share (EPS) for the quarter, topping 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 the consensus estimate of $2.94 billion. During the same quarter in the previous year, the firm earned $0.71 EPS. The company’s quarterly revenue was up 29.9% compared to the same quarter last year. equities research analysts expect that Tesla Inc will post -11.38 earnings per share for the current fiscal year.

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Tesla 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.

Institutional Ownership by Quarter for Tesla (NASDAQ:TSLA)

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