Key Points
- CFO Vaibhav Taneja sold 2,264 Tesla shares on March 6 at an average price of $397.03, totaling about $898,876 and cutting his ownership by 11.11% to 18,106 shares (worth ≈ $7.19M).
- TSLA trades near $398 (1‑year range $214–$498) with a market cap around $1.5 trillion and a stretched valuation (P/E ≈ 369), while analysts’ consensus is a "Hold" with an average target of $406.84.
- Near‑term outlook is mixed: growth catalysts include Supercharger expansion and the Optimus robot program, but executive departures, worsening FSD safety metrics, regulatory probes and rising competition pose execution and regulatory risks.
Tesla, Inc. (NASDAQ:TSLA - Get Free Report) CFO Vaibhav Taneja sold 2,264 shares of the firm's stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the sale, the chief financial officer owned 18,106 shares of the company's stock, valued at $7,188,625.18. The trade was a 11.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.
Tesla Price Performance
NASDAQ TSLA opened at $398.68 on Tuesday. Tesla, Inc. has a 1 year low of $214.25 and a 1 year high of $498.83. The business's fifty day moving average is $423.95 and its two-hundred day moving average is $424.57. The stock has a market capitalization of $1.50 trillion, a P/E ratio of 369.15, a P/E/G ratio of 11.73 and a beta of 1.89. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16.
Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.45 by $0.05. The business had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The company's revenue was down 3.1% compared to the same quarter last year. During the same period last year, the company posted $0.73 EPS. On average, research analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Tesla
Institutional investors and hedge funds have recently modified their holdings of the stock. Networth Advisors LLC acquired a new stake in Tesla during the fourth quarter valued at $26,000. Davidson Capital Management Inc. raised its stake in shares of Tesla by 79.4% during the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer's stock worth $27,000 after purchasing an additional 27 shares in the last quarter. Turning Point Benefit Group Inc. purchased a new stake in shares of Tesla during the 3rd quarter worth about $30,000. Manning & Napier Advisors LLC acquired a new stake in shares of Tesla during the 3rd quarter valued at about $29,000. Finally, Prism Advisors Inc. bought a new stake in shares of Tesla in the 4th quarter valued at approximately $30,000. 66.20% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
TSLA has been the topic of a number of analyst reports. Wedbush reissued an "outperform" rating and issued a $600.00 price target on shares of Tesla in a research note on Thursday, January 29th. New Street Research raised their target price on shares of Tesla from $520.00 to $600.00 and gave the stock a "buy" rating in a report on Tuesday, January 6th. Royal Bank Of Canada restated an "outperform" rating and set a $500.00 price target on shares of Tesla in a report on Thursday, January 29th. Phillip Securities reduced their price target on shares of Tesla from $220.00 to $215.00 and set a "sell" rating for the company in a research report on Monday, February 2nd. Finally, DZ Bank reiterated a "sell" rating on shares of Tesla in a research report on Thursday, January 29th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and nine have assigned a Sell rating to the stock. According to MarketBeat.com, Tesla currently has an average rating of "Hold" and an average target price of $406.84.
View Our Latest Stock Report on TSLA
More Tesla News
Here are the key news stories impacting Tesla this week:
Tesla Company Profile
(
Get Free Report)
Tesla, Inc (NASDAQ: TSLA) is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean‑energy company with Elon Musk serving as its chief executive officer. The company's stated mission is to accelerate the world's transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.
Tesla's automotive business includes a lineup of battery‑electric vehicles and related services.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
