Tesla, Inc. (NASDAQ:TSLA) Position Boosted by Personal CFO Solutions LLC

Personal CFO Solutions LLC grew its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 13.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,071 shares of the electric vehicle producer’s stock after purchasing an additional 362 shares during the period. Personal CFO Solutions LLC’s holdings in Tesla were worth $2,167,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Hohimer Wealth Management LLC boosted its holdings in shares of Tesla by 0.8% in the fourth quarter. Hohimer Wealth Management LLC now owns 1,552 shares of the electric vehicle producer’s stock worth $1,095,000 after buying an additional 12 shares during the period. SNS Financial Group LLC boosted its stake in Tesla by 0.3% in the 4th quarter. SNS Financial Group LLC now owns 3,824 shares of the electric vehicle producer’s stock worth $2,698,000 after purchasing an additional 12 shares during the period. Steigerwald Gordon & Koch Inc. boosted its stake in Tesla by 1.2% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 1,098 shares of the electric vehicle producer’s stock worth $775,000 after purchasing an additional 13 shares during the period. WP Advisors LLC boosted its stake in Tesla by 1.9% in the 4th quarter. WP Advisors LLC now owns 800 shares of the electric vehicle producer’s stock worth $565,000 after purchasing an additional 15 shares during the period. Finally, Consolidated Planning Corp boosted its stake in Tesla by 1.2% in the 4th quarter. Consolidated Planning Corp now owns 1,311 shares of the electric vehicle producer’s stock worth $925,000 after purchasing an additional 15 shares during the period. Institutional investors own 41.39% of the company’s stock.

A number of equities research analysts have issued reports on TSLA shares. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell lifted their target price on shares of Tesla from $117.00 to $137.00 and gave the company a “sell” rating in a research note on Tuesday, October 27th. Cfra lowered shares of Tesla from a “strong-buy” rating to a “hold” rating in a research note on Friday, December 18th. Royal Bank of Canada raised shares of Tesla from an “underperform” rating to a “sector perform” rating in a research note on Thursday, January 7th. Credit Suisse Group reissued a “neutral” rating on shares of Tesla in a research note on Thursday, January 28th. Finally, BNP Paribas lowered shares of Tesla from a “neutral” rating to an “underperform” rating and decreased their target price for the company from $385.00 to $340.00 in a research note on Tuesday, January 5th. Twelve research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the company. Tesla presently has an average rating of “Hold” and an average target price of $338.99.

In other news, SVP Andrew D. Baglino sold 4,000 shares of the business’s stock in a transaction dated Wednesday, February 10th. The shares were sold at an average price of $807.89, for a total transaction of $3,231,560.00. Following the transaction, the senior vice president now owns 23,226 shares in the company, valued at approximately $18,764,053.14. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, SVP Andrew D. Baglino sold 1,500 shares of the business’s stock in a transaction dated Monday, December 28th. The stock was sold at an average price of $674.68, for a total transaction of $1,012,020.00. Following the transaction, the senior vice president now owns 21,226 shares in the company, valued at approximately $14,320,757.68. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 131,323 shares of company stock worth $93,966,505. Insiders own 23.00% of the company’s stock.

TSLA traded down $28.19 during trading on Tuesday, hitting $686.31. The stock had a trading volume of 1,501,754 shares, compared to its average volume of 30,738,014. The firm has a market cap of $658.76 billion, a PE ratio of 1,257.91, a P/E/G ratio of 8.81 and a beta of 2.18. Tesla, Inc. has a 12 month low of $70.10 and a 12 month high of $900.40. The company has a current ratio of 1.63, a quick ratio of 1.32 and a debt-to-equity ratio of 0.63. The company has a 50 day simple moving average of $827.41 and a 200-day simple moving average of $561.79.

Tesla (NASDAQ:TSLA) last announced its earnings results on Wednesday, January 27th. The electric vehicle producer reported $0.80 EPS for the quarter, topping the consensus estimate of $0.63 by $0.17. The firm had revenue of $10.70 billion for the quarter, compared to the consensus estimate of $10.38 billion. Tesla had a net margin of 1.97% and a return on equity of 4.93%. The business’s quarterly revenue was up 44.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.41 EPS. As a group, sell-side analysts anticipate that Tesla, Inc. will post 1.02 earnings per share for the current fiscal year.

Tesla Profile

Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, Netherlands, Norway, and internationally. The company operates in two segments, Automotive; and Energy Generation and Storage. The Automotive segment offers sedans and sport utility vehicles.

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Institutional Ownership by Quarter for Tesla (NASDAQ:TSLA)

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