Analysts Set New Price Targets A number of brokerages have commented on TSLA. The Goldman Sachs Group reiterated a “neutral” rating and issued a $405.00 target price on shares of Tesla in a report on Thursday, January 29th. President Capital lowered their price target on shares of Tesla from $517.00 to $500.00 and set a “buy” rating on the stock in a report on Friday, January 30th. Wedbush reiterated an “outperform” rating and set a $600.00 price objective on shares of Tesla in a research note on Thursday, January 29th. JPMorgan Chase & Co. decreased their target price on shares of Tesla from $150.00 to $145.00 and set an “underweight” rating for the company in a research report on Friday, January 30th. Finally, Barclays restated a “neutral” rating on shares of Tesla in a research note on Wednesday, March 4th. Nineteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and nine have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $406.84. Check Out Our Latest Stock Analysis on TSLA Insider Transactions at Tesla In related news, Director James R. Murdoch sold 60,000 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was 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 sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Vaibhav Taneja sold 2,264 shares of the business’s stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $397.03, for a total value of $898,875.92. Following the sale, the chief financial officer owned 18,106 shares in the company, valued at approximately $7,188,625.18. The trade was a 11.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 87,995 shares of company stock worth $38,315,650. Company insiders own 19.90% of the company’s stock. Tesla Stock Performance TSLA opened at $385.95 on Thursday. The company has a market cap of $1.45 trillion, a P/E ratio of 357.36, a price-to-earnings-growth ratio of 11.33 and a beta of 1.89. The company has a quick ratio of 1.77, a current ratio of 2.16 and a debt-to-equity ratio of 0.08. The firm’s 50-day moving average price is $411.05 and its 200-day moving average price is $428.07. Tesla, Inc. has a 52-week low of $214.25 and a 52-week high of $498.83. Tesla (NASDAQ:TSLA – Get Free Report) last released its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The company had revenue of $24.90 billion during the quarter, compared to analysts’ expectations of $24.75 billion. During the same period last year, the business earned $0.73 EPS. Tesla’s revenue for the quarter was down 3.1% on a year-over-year basis. As a group, equities analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current fiscal year. About Tesla