Tesla Inc (NASDAQ:TSLA) shares rose 0% during mid-day trading on Monday . The company traded as high as $347.21 and last traded at $345.51. Approximately 8,253,817 shares changed hands during mid-day trading, an increase of 44% from the average daily volume of 5,747,508 shares. The stock had previously closed at $345.51.

TSLA has been the subject of a number of analyst reports. Citigroup reissued a “hold” rating and issued a $367.00 price target on shares of Tesla in a report on Wednesday, November 15th. Oppenheimer reissued a “hold” rating on shares of Tesla in a report on Thursday, November 16th. Vetr downgraded Tesla from a “sell” rating to a “strong sell” rating and set a $272.81 price target for the company. in a report on Monday, November 20th. Global Equities Research reissued a “buy” rating and issued a $485.00 price target on shares of Tesla in a report on Wednesday, November 29th. Finally, Cascend Securities downgraded Tesla from a “hold” rating to a “sell” rating and set a $250.00 price target for the company. in a report on Tuesday, December 5th. Thirteen equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twelve have assigned a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $321.86.

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The company has a quick ratio of 0.56, a current ratio of 0.86 and a debt-to-equity ratio of 1.80. The stock has a market cap of $58,363.52, a PE ratio of -28.63 and a beta of 1.01.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Wednesday, February 7th. The electric vehicle producer reported ($3.04) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($3.12) by $0.08. Tesla had a negative return on equity of 33.08% and a negative net margin of 16.68%. The firm had revenue of $3.29 billion during the quarter, compared to analysts’ expectations of $3.26 billion. During the same period in the previous year, the business earned ($0.69) earnings per share. The firm’s revenue for the quarter was up 43.9% on a year-over-year basis. analysts anticipate that Tesla Inc will post -15.15 earnings per share for the current fiscal year.

In related news, Director Kimbal Musk sold 4,065 shares of the business’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $312.08, for a total transaction of $1,268,605.20. Following the completion of the sale, the director now directly owns 154,589 shares in the company, valued at $48,244,135.12. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Eric Branderiz sold 801 shares of the company’s stock in a transaction on Wednesday, January 24th. The shares were sold at an average price of $354.58, for a total value of $284,018.58. Following the completion of the sale, the vice president now owns 1,287 shares of the company’s stock, valued at $456,344.46. The disclosure for this sale can be found here. Insiders have sold 7,719 shares of company stock valued at $2,506,406 over the last quarter. 23.10% of the stock is owned by company insiders.

A number of large investors have recently modified their holdings of the business. Cambridge Investment Research Advisors Inc. grew its holdings in Tesla by 2.7% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 17,130 shares of the electric vehicle producer’s stock valued at $5,333,000 after buying an additional 455 shares in the last quarter. Rehmann Capital Advisory Group grew its holdings in Tesla by 24.5% in the 4th quarter. Rehmann Capital Advisory Group now owns 1,660 shares of the electric vehicle producer’s stock valued at $517,000 after buying an additional 327 shares in the last quarter. Xact Kapitalforvaltning AB grew its holdings in Tesla by 10.2% in the 4th quarter. Xact Kapitalforvaltning AB now owns 22,819 shares of the electric vehicle producer’s stock valued at $7,105,000 after buying an additional 2,109 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in Tesla by 20.9% in the 4th quarter. Envestnet Asset Management Inc. now owns 895 shares of the electric vehicle producer’s stock valued at $279,000 after buying an additional 155 shares in the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp grew its holdings in Tesla by 8.6% in the 4th quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 73,674 shares of the electric vehicle producer’s stock valued at $22,938,000 after buying an additional 5,850 shares in the last quarter. Institutional investors own 58.30% of the company’s stock.

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Tesla Company Profile

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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