Have Tesla, Inc. (NASDAQ:TSLA) Insiders Been Selling Their Stock? - Yahoo Finance

Anyone interested in Tesla, Inc. (NASDAQ:TSLA) should probably be aware that the Chief Technology Officer, Andrew Baglino, recently divested US$115k worth of shares in the company, at an average price of US$315 each. That sale was 10% of their holding, so it does make us raise an eyebrow.

See our latest analysis for Tesla

Tesla Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Founder Elon Musk for US$25m worth of shares, at about US$243 per share. We do like to see buying, but this purchase was made at well below the current price of US$313. Because the shares were purchased at a lower price, this particular buy doesn't tell us much about how insiders feel about the current share price.

In the last twelve months insiders purchased 161155 shares for US$45m. But they sold 366 for US$115k. In total, Tesla insiders bought more than they sold over the last year. The average buy price was around US$281. Although they bought at below the recent share price, it is good to see that insiders are willing to invest in the company. The chart below shows insider transactions (by individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

NasdaqGS:TSLA Recent Insider Trading, November 4th 2019

Tesla is not the only stock that insiders are buying. For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership of Tesla

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. Tesla insiders own 21% of the company, currently worth about US$12b based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Does This Data Suggest About Tesla Insiders?

Our data shows a little more insider selling than buying in the last three months. But the net divestment is not enough to concern us at all. On a brighter note, the transactions over the last year are encouraging. With high insider ownership and encouraging transactions, it seems like Tesla insiders think the business has merit. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future.

Of course Tesla may not be the best stock to buy. So you may wish to see this free collection of high quality companies.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions, but not derivative transactions.

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.

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