Insider Activity at Tesla In other Tesla news, 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 sale, the director owned 577,031 shares of the company’s stock, valued at $257,009,607.40. This trade represents a 9.42% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Vaibhav Taneja sold 2,264 shares of the company’s stock in a transaction that occurred on Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the transaction, the chief financial officer owned 18,106 shares of the company’s stock, valued at approximately $7,188,625.18. This trade represents a 11.11% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 87,995 shares of company stock worth $38,315,650 in the last 90 days. 19.90% of the stock is owned by company insiders. Tesla Stock Performance NASDAQ:TSLA opened at $371.75 on Wednesday. The firm has a market capitalization of $1.39 trillion, a PE ratio of 344.21, a PEG ratio of 10.52 and a beta of 1.89. Tesla, Inc. has a 1 year low of $214.25 and a 1 year high of $498.83. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08. The firm’s fifty day simple moving average is $405.61 and its 200 day simple moving average is $428.65. Tesla (NASDAQ:TSLA – Get Free Report) last released its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. The firm had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The business’s revenue was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.73 EPS. On average, sell-side analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current year. Analyst Upgrades and Downgrades A number of research firms recently issued reports on TSLA. New Street Research lifted their price objective on Tesla from $520.00 to $600.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. DZ Bank reaffirmed a “sell” rating on shares of Tesla in a research note on Thursday, January 29th. Benchmark reiterated a “buy” rating on shares of Tesla in a report on Wednesday, February 11th. Royal Bank Of Canada reissued an “outperform” rating and issued a $500.00 price target on shares of Tesla in a research note on Thursday, January 29th. Finally, CICC Research increased their price objective on Tesla from $450.00 to $500.00 and gave the stock an “outperform” rating in a report on Thursday, December 18th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and nine have given a Sell rating to the stock. Based on data from MarketBeat.com, Tesla currently has an average rating of “Hold” and an average target price of $403.98.