Insider Activity at Tesla In related news, Director James R. Murdoch sold 120,000 shares of the stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $350.29, for a total value of $42,034,800.00. Following the completion of the transaction, the director directly owned 697,031 shares of the company’s stock, valued at approximately $244,162,988.99. This represents a 14.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction on Monday, September 8th. The shares were sold at an average price of $352.38, for a total value of $918,302.28. Following the completion of the transaction, the chief financial officer directly owned 9,856 shares of the company’s stock, valued at approximately $3,473,057.28. This represents a 20.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 202,606 shares of company stock valued at $75,588,902. 19.90% of the stock is owned by insiders. Institutional Inflows and Outflows Several hedge funds have recently added to or reduced their stakes in the company. GLOBALT Investments LLC GA increased its stake in shares of Tesla by 1.1% in the 3rd quarter. GLOBALT Investments LLC GA now owns 11,265 shares of the electric vehicle producer’s stock worth $5,010,000 after acquiring an additional 122 shares during the last quarter. Apeiron RIA LLC increased its stake in shares of Tesla by 52.1% in the 3rd quarter. Apeiron RIA LLC now owns 1,498 shares of the electric vehicle producer’s stock worth $675,000 after acquiring an additional 513 shares during the last quarter. Key Client Fiduciary Advisors LLC increased its stake in shares of Tesla by 3.5% in the 3rd quarter. Key Client Fiduciary Advisors LLC now owns 16,856 shares of the electric vehicle producer’s stock worth $7,496,000 after acquiring an additional 574 shares during the last quarter. Able Wealth Management LLC acquired a new stake in shares of Tesla in the 3rd quarter worth $394,000. Finally, Highline Wealth Partners LLC increased its stake in shares of Tesla by 0.4% in the 3rd quarter. Highline Wealth Partners LLC now owns 17,529 shares of the electric vehicle producer’s stock worth $7,795,000 after acquiring an additional 65 shares during the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds. Tesla Stock Down 1.5% The firm has a market capitalization of $1.43 trillion, a price-to-earnings ratio of 248.12, a P/E/G ratio of 15.71 and a beta of 2.08. The business has a 50 day simple moving average of $380.91 and a 200-day simple moving average of $330.17. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.55 and a current ratio of 2.04. Tesla (NASDAQ:TSLA – Get Free Report) last issued its earnings results on Wednesday, July 23rd. The electric vehicle producer reported $0.40 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.03). The company had revenue of $22.50 billion during the quarter, compared to analyst estimates of $23.18 billion. Tesla had a return on equity of 7.98% and a net margin of 6.54%.The firm’s revenue was down 11.8% compared to the same quarter last year. During the same period last year, the business earned $0.52 earnings per share. On average, equities analysts expect that Tesla, Inc. will post 2.56 EPS for the current year. About Tesla