Analysts Set New Price Targets TSLA has been the topic of several recent analyst reports. William Blair reiterated a “market perform” rating on shares of Tesla in a research note on Friday, January 2nd. China Renaissance lifted their price objective on Tesla from $380.00 to $382.00 and gave the stock a “hold” rating in a report on Monday, February 2nd. Needham & Company LLC reaffirmed a “hold” rating on shares of Tesla in a research report on Thursday, January 29th. Barclays reiterated a “neutral” rating on shares of Tesla in a research note on Wednesday, March 4th. Finally, JPMorgan Chase & Co. dropped their price target on shares of Tesla from $150.00 to $145.00 and set an “underweight” rating for the company in a research note on Friday, January 30th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and nine have assigned a Sell rating to the company. According to MarketBeat, Tesla currently has a consensus rating of “Hold” and an average price target of $406.84. Read Our Latest Report on Tesla Tesla Trading Up 0.8% Shares of NASDAQ TSLA opened at $385.95 on Thursday. 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 stock’s 50 day moving average price is $411.05 and its two-hundred 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. The stock has a market capitalization of $1.45 trillion, a P/E ratio of 357.36, a PEG ratio of 11.33 and a beta of 1.89. Tesla (NASDAQ:TSLA – Get Free Report) last issued its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, topping the consensus estimate of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The company had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. During the same quarter last year, the firm earned $0.73 EPS. The business’s revenue was down 3.1% on a year-over-year basis. On average, analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Insider Activity In other news, CFO Vaibhav Taneja sold 2,264 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $397.03, for a total transaction of $898,875.92. Following the sale, the chief financial officer directly owned 18,106 shares in the company, valued at approximately $7,188,625.18. This represents a 11.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James R. Murdoch sold 60,000 shares of the firm’s stock in a transaction that occurred 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 sale, the director directly owned 577,031 shares in the company, valued at approximately $257,009,607.40. This trade represents a 9.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 87,995 shares of company stock valued at $38,315,650. 19.90% of the stock is currently owned by insiders. Tesla Company Profile