Truist Financial Cuts Tesla (NASDAQ:TSLA) Price Target to $400.00
- by americanbankingnews
- Apr 05, 2026
- 0 Comments
- 0 Likes Flag 0 Of 5
Tesla Price Performance
TSLA stock opened at $360.59 on Thursday. The company’s 50 day moving average price is $401.06 and its 200 day moving average price is $427.55. The firm has a market capitalization of $1.35 trillion, a price-to-earnings ratio of 333.88, a PEG ratio of 10.69 and a beta of 1.91. Tesla has a fifty-two week low of $214.25 and a fifty-two week high of $498.83. 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 issued its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (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 the consensus estimate of $24.75 billion. During the same quarter in the previous year, the firm earned $0.73 earnings per share. The firm’s quarterly revenue was down 3.1% on a year-over-year basis. On average, equities research analysts anticipate that Tesla will post 2.56 EPS for the current fiscal year.
Insider Activity
In related news, CFO Vaibhav Taneja sold 2,264 shares of the company’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the completion of the sale, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at $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 is available through the SEC website. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the firm’s stock in a transaction that occurred on Monday, March 30th. The stock was sold at an average price of $359.33, for a total value of $9,273,947.97. Following the transaction, the director owned 33,860 shares in the company, valued at $12,166,913.80. This represents a 43.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 53,804 shares of company stock worth $20,865,598. Corporate insiders own 19.90% of the company’s stock.
Institutional Investors Weigh In On Tesla
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in Tesla during the 4th quarter worth $17,128,100,000. Corient Private Wealth LLC raised its holdings in shares of Tesla by 3,205.5% in the fourth quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock valued at $9,650,811,000 after buying an additional 20,810,386 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Tesla by 56.0% in the fourth quarter. Bank of America Corp DE now owns 20,755,605 shares of the electric vehicle producer’s stock valued at $9,334,211,000 after buying an additional 7,450,766 shares during the last quarter. Cardano Risk Management B.V. boosted its stake in shares of Tesla by 882.8% during the fourth quarter. Cardano Risk Management B.V. now owns 8,202,060 shares of the electric vehicle producer’s stock worth $3,688,630,000 after buying an additional 7,367,507 shares during the period. Finally, Vanguard Group Inc. grew its holdings in shares of Tesla by 2.6% during the fourth quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock worth $116,443,762,000 after buying an additional 6,538,720 shares during the last quarter. Hedge funds and other institutional investors own 66.20% of the company’s stock.
Key Headlines Impacting Tesla
Please first to comment
Related Post
Stay Connected
Tweets by elonmuskTo get the latest tweets please make sure you are logged in on X on this browser.
Energy





