Robyn M. Denholm sells 31,250 shares of Tesla, Inc. (NASDAQ: TSLA)

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Tesla, Inc. (NASDAQ: TSLA) director Robyn M. Denholm sold 31,250 Tesla shares in a transaction dated Wednesday, September 1. The shares were sold at an average price of $ 736.72 for a total trade of $ 23,022,500.00. The sale was disclosed in a document filed with the SEC, which is available at this link.

Robyn M. Denholm also recently completed the following transactions:

  • On Monday August 2, Robyn M. Denholm sold 31,250 Tesla shares. The shares were sold at an average price of $ 707.60, for a total trade of $ 22,112,500.00.

TSLA shares traded up $ 1.18 on Friday, reaching $ 733.57. 14,863,255 shares of the company were traded, for an average volume of 28,629,539. The company has a current ratio of 1.51, a quick ratio of 1.22 and a debt ratio of 0.31. The stock has a market cap of $ 726.25 billion, a P / E ratio of 382.07, a price / earnings-growth ratio of 5.99 and a beta of 1.97. The company has a 50-day moving average price of $ 685.71 and a 200-day moving average price of $ 668.99. Tesla, Inc. has a 12-month low of $ 329.88 and a 12-month high of $ 900.40.

Tesla (NASDAQ: TSLA) last released its results on Sunday, July 25. The electric vehicle producer reported EPS of $ 1.45 for the quarter, beating the Thomson Reuters consensus estimate of $ 0.52 by $ 0.93. Tesla had a net margin of 5.21% and a return on equity of 9.75%. During the same period of the previous year, the company achieved earnings per share of $ 0.44. Equity research analysts predict that Tesla, Inc. will post 3.39 EPS for the current year.

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Large investors have recently changed their holdings in the company. Milestone Resources Group Ltd increased its stake in Tesla by 56.0% in the second quarter. Milestone Resources Group Ltd now owns 39 shares of the electric vehicle producer valued at $ 27,000 after buying 14 more shares in the last quarter. Clean Yield Group purchased a new stake in Tesla shares during the second quarter valued at $ 31,000. Lake Point Wealth Management purchased a new equity stake in Tesla during the second quarter valued at $ 31,000. Baldrige Asset Management LLC purchased a new equity stake in Tesla during the second quarter valued at $ 33,000. Finally, Lee Financial Co increased its position in Tesla shares by 53.1% during the second quarter. Lee Financial Co now owns 49 shares of the electric vehicle producer valued at $ 33,000 after acquiring 17 more shares in the last quarter. 39.35% of the shares are held by hedge funds and other institutional investors.

Several brokerages have recently weighed on TSLA. Robert W. Baird reiterated an “outperformance” rating and set a target price of $ 657.62 (vs. $ 736.00) for Tesla shares in a research report released Tuesday, July 27. Canaccord Genuity lowered its price target on Tesla shares from $ 812.00 to $ 768.00 and established a “buy” rating on the stock in a research report on Tuesday, July 27. Oppenheimer launched coverage on Tesla shares in a research report on Friday, July 2. They issued a “buy” note on the title. Roth Capital reaffirmed a “neutral” rating on Tesla shares in a research report on Tuesday, July 27. Finally, the Goldman Sachs group reaffirmed a “buy” note and issued a price target of $ 875.00 (vs. $ 860.00) on Tesla shares in a research report released on Tuesday, July 27. Eight analysts rated the stock with a sell rating, nine assigned a conservation rating, fourteen issued a buy rating, and one issued a strong buy rating for the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $ 602.16.

Tesla Company Profile

Tesla, Inc is engaged in the design, development, manufacture and sale of fully electric vehicles, energy production and storage systems. It also provides vehicle service centers, a booster station and autonomous driving capability. The company operates in the following segments: Automotive and Power Generation and Storage.

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Insider buying and selling by quarter for Tesla (NASDAQ: TSLA)

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