Tesla Motors Inc. (NASDAQ:TSLA) shares shot up 2.5% on Monday . The company traded as high as $226.30 and last traded at $225.93, with a volume of 2,123,913 shares changing hands. The stock had previously closed at $220.40.

A number of research firms have weighed in on TSLA. Standpoint Research lowered Tesla Motors from a “hold” rating to a “sell” rating and set a $180.00 target price for the company. in a report on Thursday, April 7th. Deutsche Bank AG reaffirmed a “hold” rating and set a $280.00 target price on shares of Tesla Motors in a report on Tuesday, April 5th. FBN Securities reaffirmed an “outperform” rating and set a $325.00 target price on shares of Tesla Motors in a report on Tuesday, April 5th. Vetr lowered Tesla Motors from a “sell” rating to a “strong sell” rating and set a $223.56 target price for the company. in a report on Wednesday, April 6th. Finally, Barclays PLC reaffirmed an “underweight” rating and set a $165.00 target price on shares of Tesla Motors in a report on Wednesday, April 6th. Six investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $258.89.

The company’s market cap is $30.17 billion. The company has a 50 day moving average price of $216.93 and a 200-day moving average price of $213.32.

Tesla Motors (NASDAQ:TSLA) last announced its earnings results on Wednesday, May 4th. The electric vehicle producer reported ($0.57) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.61) by $0.04. The company earned $1.60 billion during the quarter, compared to analysts’ expectations of $1.61 billion. During the same quarter last year, the firm posted ($0.36) EPS. Tesla Motors’s revenue for the quarter was up 45.1% compared to the same quarter last year. Equities analysts anticipate that Tesla Motors Inc. will post $0.35 EPS for the current year.

In other news, Director Brad W. Buss sold 15,333 shares of Tesla Motors stock in a transaction that occurred on Friday, May 13th. The stock was sold at an average price of $207.75, for a total value of $3,185,430.75. Following the completion of the transaction, the director now owns 9,215 shares in the company, valued at approximately $1,914,416.25. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Kimbal Musk sold 460 shares of Tesla Motors stock in a transaction that occurred on Monday, June 13th. The stock was sold at an average price of $224.37, for a total value of $103,210.20. Following the completion of the transaction, the director now owns 151,865 shares of the company’s stock, valued at approximately $34,073,950.05. The disclosure for this sale can be found here.

Several institutional investors recently made changes to their positions in TSLA. Baillie Gifford & Co. boosted its position in shares of 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 during the period. Vanguard Group Inc. boosted its position in Tesla Motors by 3.9% in the fourth quarter. Vanguard Group Inc. now owns 4,128,703 shares of the electric vehicle producer’s stock worth $990,930,000 after buying an additional 155,561 shares during the last quarter. J. Goldman & Co LP boosted its position in Tesla Motors by 307.7% in the fourth quarter. J. Goldman & Co LP now owns 31,152 shares of the electric vehicle producer’s stock worth $7,477,000 after buying an additional 46,152 shares during the last quarter. Gabelli Funds LLC acquired a new position in Tesla Motors during the fourth quarter worth about $3,672,000. Finally, Mizuho Trust & Banking Co. Ltd. boosted 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 during 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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