Eric Branderiz Sells 1,736 Shares of Tesla Inc. (TSLA) Stock
Tesla Inc. (NASDAQ:TSLA) VP Eric Branderiz sold 1,736 shares of the stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $302.31, for a total value of $524,810.16. Following the sale, the vice president now directly owns 1,736 shares of the company’s stock, valued at $524,810.16. The transaction was disclosed in a filing with the SEC, which is accessible through this link.
Eric Branderiz also recently made the following trade(s):
- On Tuesday, October 24th, Eric Branderiz sold 1,736 shares of Tesla stock. The stock was sold at an average price of $339.49, for a total value of $589,354.64.
- On Tuesday, September 5th, Eric Branderiz sold 99 shares of Tesla stock. The stock was sold at an average price of $350.12, for a total value of $34,661.88.
Tesla Inc. (NASDAQ:TSLA) traded up $12.41 during trading on Tuesday, hitting $315.40. The company had a trading volume of 7,584,900 shares, compared to its average volume of 6,404,817. The company has a current ratio of 1.09, a quick ratio of 0.71 and a debt-to-equity ratio of 1.66. Tesla Inc. has a one year low of $178.19 and a one year high of $389.61.
Tesla (NASDAQ:TSLA) last posted its quarterly earnings data on Wednesday, November 1st. The electric vehicle producer reported ($2.92) EPS for the quarter, topping the Zacks’ consensus estimate of ($3.09) by $0.17. The company had revenue of $2.99 billion for the quarter, compared to analyst estimates of $2.94 billion. Tesla had a negative return on equity of 24.88% and a negative net margin of 13.09%. The firm’s quarterly revenue was up 29.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.71 earnings per share. equities analysts predict that Tesla Inc. will post -11.38 earnings per share for the current fiscal year.
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A number of equities analysts have weighed in on the company. Sanford C. Bernstein set a $265.00 price target on Tesla and gave the stock a “hold” rating in a research report on Monday. KeyCorp reaffirmed a “hold” rating on shares of Tesla in a research report on Friday. Piper Jaffray Companies reaffirmed a “buy” rating and set a $362.00 price target on shares of Tesla in a research report on Friday, November 3rd. Vetr raised Tesla from a “strong sell” rating to a “sell” rating and set a $282.88 price target for the company in a research report on Thursday, November 2nd. Finally, Citigroup Inc. reaffirmed a “hold” rating and set a $371.00 price target on shares of Tesla in a research report on Thursday, November 2nd. Ten equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eleven have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $330.44.
Several institutional investors have recently bought and sold shares of TSLA. Dimensional Fund Advisors LP lifted its stake in shares of Tesla by 2.0% in the first quarter. Dimensional Fund Advisors LP now owns 98,790 shares of the electric vehicle producer’s stock worth $27,492,000 after acquiring an additional 1,894 shares during the period. Capstone Asset Management Co. increased its holdings in Tesla by 7.4% in the second quarter. Capstone Asset Management Co. now owns 3,472 shares of the electric vehicle producer’s stock worth $1,256,000 after purchasing an additional 239 shares in the last quarter. Atria Investments LLC bought a new stake in Tesla in the second quarter worth approximately $214,000. Eqis Capital Management Inc. increased its holdings in Tesla by 2.9% in the second quarter. Eqis Capital Management Inc. now owns 2,589 shares of the electric vehicle producer’s stock worth $936,000 after purchasing an additional 74 shares in the last quarter. Finally, B & T Capital Management DBA Alpha Capital Management bought a new stake in Tesla in the second quarter worth approximately $344,000. 56.36% of the stock is currently owned by institutional investors.
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.
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