Insider Activity at Tesla In related news, CFO Vaibhav Taneja sold 2,637 shares of the company’s stock in a transaction on Monday, December 8th. The stock was sold at an average price of $443.93, for a total value of $1,170,643.41. Following the sale, the chief financial officer directly owned 13,757 shares of the company’s stock, valued at $6,107,145.01. This represents a 16.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Kimbal Musk sold 56,820 shares of the firm’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the transaction, the director directly owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. This represents a 3.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 19.90% of the company’s stock. Wall Street Analysts Forecast Growth A number of research firms have recently weighed in on TSLA. Cowen reissued a “buy” rating on shares of Tesla in a research note on Monday, November 17th. Melius Research set a $520.00 price target on shares of Tesla and gave the company a “buy” rating in a research report on Monday, October 13th. CICC Research boosted their price objective on shares of Tesla from $450.00 to $500.00 and gave the company an “outperform” rating in a research report on Thursday. Industrial Alliance Securities set a $300.00 target price on shares of Tesla in a report on Monday, October 13th. Finally, Benchmark reissued a “buy” rating on shares of Tesla in a research note on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, fourteen have issued a Hold rating and nine have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $404.14.