Insider Activity at Tesla In other Tesla news, Director Kimbal Musk sold 56,820 shares of the stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the sale, the director directly owned 1,391,615 shares in the company, valued at approximately $627,145,215.90. This trade represents a 3.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Vaibhav Taneja sold 2,637 shares of Tesla 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 completion of the sale, the chief financial officer directly owned 13,757 shares of the company’s stock, valued at approximately $6,107,145.01. The trade was a 16.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 19.90% of the company’s stock. Wall Street Analysts Forecast Growth A number of research analysts have issued reports on the stock. BNP Paribas boosted their price objective on shares of Tesla from $307.00 to $313.00 in a research report on Monday, December 1st. DZ Bank reiterated a “sell” rating on shares of Tesla in a research report on Thursday, October 23rd. TD Cowen increased their price target on shares of Tesla from $374.00 to $509.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. Piper Sandler restated an “overweight” rating and issued a $500.00 price objective on shares of Tesla in a report on Tuesday, December 9th. Finally, Bank of America upped their target price on Tesla from $341.00 to $471.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, fourteen have given a Hold rating and nine have given a Sell rating to the company. According to data from MarketBeat, Tesla has an average rating of “Hold” and an average price target of $414.50.