Shares of Tesla Motors Inc. (NASDAQ:TSLA) traded up 4.3% on Monday . The stock traded as high as $226.78 and last traded at $226.07, with a volume of 3,595,746 shares trading hands. The stock had previously closed at $216.78.

Several analysts recently weighed in on the company. Vetr raised Tesla Motors from a “buy” rating to a “strong-buy” rating and set a $238.54 price objective on the stock in a research note on Monday, May 9th. Credit Suisse Group AG lifted their price target on Tesla Motors from $240.00 to $280.00 and gave the company an “outperform” rating in a research note on Tuesday, April 5th. JPMorgan Chase & Co. reissued an “underweight” rating and set a $170.00 price target (up from $155.00) on shares of Tesla Motors in a research note on Tuesday, April 19th. Global Equities Research reissued a “buy” rating and set a $385.00 price target on shares of Tesla Motors in a research note on Monday, June 13th. Finally, Pacific Crest reissued a “hold” rating and set a $212.00 price target on shares of Tesla Motors in a research note on Monday, June 13th. Six investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $258.77.

The company’s 50-day moving average is $216.16 and its 200 day moving average is $213.82. The stock’s market cap is $30.11 billion.

Tesla Motors (NASDAQ:TSLA) last released its quarterly earnings data on Wednesday, May 4th. The electric vehicle producer reported ($0.57) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.61) by $0.04. The firm had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.61 billion. During the same period last year, the firm posted ($0.36) earnings per share. Tesla Motors’s revenue for the quarter was up 45.1% on a year-over-year basis. Equities research analysts anticipate that Tesla Motors Inc. will post $0.66 earnings per share for the current fiscal year.

In related news, Director Brad W. Buss sold 15,333 shares of the business’s stock in a transaction on Friday, May 13th. The shares were sold at an average price of $207.75, for a total value of $3,185,430.75. Following the completion of the sale, the director now directly owns 9,215 shares of the company’s stock, valued at $1,914,416.25. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Elon Musk sold 2,782,670 shares of the business’s stock in a transaction on Wednesday, May 25th. The shares were sold at an average price of $213.22, for a total transaction of $593,320,897.40. The disclosure for this sale can be found here.

A number of large investors recently made changes to their positions in TSLA. Cornerstone Capital Management Holdings LLC. boosted its stake in shares of Tesla Motors by 23.5% in the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 4,200 shares of the electric vehicle producer’s stock worth $1,008,000 after buying an additional 800 shares during the period. Tredje AP fonden raised its position in Tesla Motors by 2.0% in the fourth quarter. Tredje AP fonden now owns 6,235 shares of the electric vehicle producer’s stock worth $1,496,000 after buying an additional 121 shares in the last quarter. Gulf International Bank UK Ltd raised its position in Tesla Motors by 6.9% in the fourth quarter. Gulf International Bank UK Ltd now owns 28,861 shares of the electric vehicle producer’s stock worth $6,927,000 after buying an additional 1,870 shares in the last quarter. Mizuho Trust & Banking Co. Ltd. raised its position in Tesla Motors by 3.8% in the fourth quarter. Mizuho Trust & Banking Co. Ltd. now owns 143,035 shares of the electric vehicle producer’s stock worth $34,055,000 after buying an additional 5,298 shares in the last quarter. Finally, Baillie Gifford & Co. raised its position in Tesla Motors by 12.6% in the fourth quarter. Baillie Gifford & Co. now owns 10,714,449 shares of the electric vehicle producer’s stock worth $2,571,575,000 after buying an additional 1,202,500 shares in the last quarter.

Tesla Motors, Inc designs, develops, manufactures and sells electric vehicles and energy storage products. The Company produces and sells two electric vehicles: the Model S sedan and the Model X sport utility vehicle (SUV). The Company has delivered over 107,000 Model S vehicles across the world. In addition to developing its own vehicles, it sells energy storage products.

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