John Douglas Field Sells 1,000 Shares of Tesla Inc (TSLA) Stock

Tesla Inc (NASDAQ:TSLA) VP John Douglas Field sold 1,000 shares of the business’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $330.06, for a total transaction of $330,060.00. Following the completion of the transaction, the vice president now owns 19,028 shares of the company’s stock, valued at approximately $6,280,381.68. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

John Douglas Field also recently made the following trade(s):

  • On Tuesday, January 9th, John Douglas Field sold 1,000 shares of Tesla stock. The stock was sold at an average price of $334.87, for a total transaction of $334,870.00.
  • On Wednesday, December 13th, John Douglas Field sold 1,400 shares of Tesla stock. The stock was sold at an average price of $340.67, for a total transaction of $476,938.00.

Tesla Inc (NASDAQ TSLA) opened at $334.77 on Wednesday. Tesla Inc has a fifty-two week low of $242.01 and a fifty-two week high of $389.61. The stock has a market cap of $56,260.00, a price-to-earnings ratio of -28.39 and a beta of 0.97. The company has a debt-to-equity ratio of 1.66, a current ratio of 1.09 and a quick ratio of 0.71.

Tesla (NASDAQ:TSLA) last announced its quarterly earnings results on Wednesday, February 7th. The electric vehicle producer reported ($3.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($3.12) by $0.08. The company had revenue of $3.29 billion during the quarter, compared to analyst estimates of $3.26 billion. Tesla had a negative net margin of 16.68% and a negative return on equity of 32.11%. The firm’s revenue was up 43.9% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.69) EPS. sell-side analysts expect that Tesla Inc will post -15.15 earnings per share for the current fiscal year.

TSLA has been the subject of several research analyst reports. UBS Group boosted their price objective on shares of Tesla to $365.00 and gave the stock a “hold” rating in a research report on Thursday, February 8th. Vetr cut shares of Tesla from a “buy” rating to a “hold” rating and set a $331.97 price objective for the company. in a research report on Tuesday, January 9th. BidaskClub upgraded shares of Tesla from a “strong sell” rating to a “sell” rating in a research report on Wednesday, January 24th. 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 report on Tuesday, December 5th. Finally, 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 report on Sunday, October 29th. Thirteen equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $324.20.

A number of institutional investors and hedge funds have recently bought and sold shares of TSLA. Ark Investment Management LLC lifted its position in Tesla by 67.0% in the 2nd quarter. Ark Investment Management LLC now owns 37,836 shares of the electric vehicle producer’s stock valued at $13,682,000 after acquiring an additional 15,186 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Tesla by 1.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 100,312 shares of the electric vehicle producer’s stock valued at $36,274,000 after acquiring an additional 1,522 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in Tesla by 6.7% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,203 shares of the electric vehicle producer’s stock valued at $2,244,000 after acquiring an additional 388 shares in the last quarter. Bank of Nova Scotia bought a new stake in Tesla in the 2nd quarter valued at $796,000. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Tesla in the 2nd quarter valued at $314,000. 54.86% of the stock is currently owned by institutional investors and hedge funds.

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About Tesla

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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