Phillip Securities Lowers Tesla (NASDAQ:TSLA) Price Target to $215.00
- by americanbankingnews
- Feb 04, 2026
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Tesla Price Performance
NASDAQ TSLA opened at $421.96 on Monday. Tesla has a 1 year low of $214.25 and a 1 year high of $498.83. The business’s fifty day moving average is $447.83 and its two-hundred day moving average is $410.15. The stock has a market capitalization of $1.58 trillion, a P/E ratio of 390.70, a P/E/G ratio of 7.76 and a beta of 1.86. 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 will post 2.56 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, Director Kimbal Musk sold 56,820 shares of Tesla 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 completion of the sale, the director owned 1,391,615 shares of the company’s stock, valued at approximately $627,145,215.90. This trade represents a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director James R. Murdoch sold 60,000 shares of the business’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the transaction, the director owned 577,031 shares in the company, valued at $257,009,607.40. This trade represents a 9.42% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 119,457 shares of company stock worth $53,501,145. Corporate insiders own 19.90% of the company’s stock.
Hedge Funds Weigh In On Tesla
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Narwhal Capital Management lifted its holdings in shares of Tesla by 32.8% during the third quarter. Narwhal Capital Management now owns 9,516 shares of the electric vehicle producer’s stock worth $4,232,000 after buying an additional 2,350 shares in the last quarter. Norges Bank bought a new position in Tesla during the second quarter worth about $11,839,824,000. Police & Firemen s Retirement System of New Jersey raised its stake in Tesla by 5.6% in the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 427,150 shares of the electric vehicle producer’s stock worth $135,688,000 after purchasing an additional 22,607 shares in the last quarter. AustralianSuper Pty Ltd boosted its holdings in Tesla by 1,823.0% in the 2nd quarter. AustralianSuper Pty Ltd now owns 68,325 shares of the electric vehicle producer’s stock valued at $21,704,000 after purchasing an additional 64,772 shares during the period. Finally, Nations Financial Group Inc. IA ADV grew its position in shares of Tesla by 20.0% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 16,565 shares of the electric vehicle producer’s stock worth $7,367,000 after purchasing an additional 2,765 shares in the last quarter. Institutional investors own 66.20% of the company’s stock.
Tesla News Roundup
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