Tesla, Inc. (NASDAQ:TSLA) Shares Sold by Dohj LLC

Dohj LLC decreased its holdings in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 50.7% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,559 shares of the electric vehicle producer's stock after selling 4,692 shares during the quarter. Dohj LLC's holdings in Tesla were worth $801,000 as of its most recent filing with the SEC.

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A number of other hedge funds and other institutional investors have also modified their holdings of TSLA. 180 Wealth Advisors LLC boosted its holdings in shares of Tesla by 6.3% in the first quarter. 180 Wealth Advisors LLC now owns 34,277 shares of the electric vehicle producer's stock valued at $6,025,000 after acquiring an additional 2,039 shares in the last quarter. Pasadena Private Wealth LLC raised its stake in shares of Tesla by 76.8% in the 1st quarter. Pasadena Private Wealth LLC now owns 4,658 shares of the electric vehicle producer's stock worth $819,000 after buying an additional 2,023 shares in the last quarter. Colorado Capital Management Inc. lifted its holdings in shares of Tesla by 4.0% in the first quarter. Colorado Capital Management Inc. now owns 7,147 shares of the electric vehicle producer's stock valued at $1,256,000 after buying an additional 272 shares during the period. Procyon Advisors LLC grew its holdings in Tesla by 65.2% during the first quarter. Procyon Advisors LLC now owns 54,787 shares of the electric vehicle producer's stock worth $9,631,000 after acquiring an additional 21,617 shares during the period. Finally, ERn Financial LLC lifted its holdings in Tesla by 15.1% in the 1st quarter. ERn Financial LLC now owns 13,415 shares of the electric vehicle producer's stock valued at $2,358,000 after acquiring an additional 1,764 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors.

Tesla Trading Up 0.2 %

TSLA stock traded up $0.37 during midday trading on Friday, reaching $197.79. The stock had a trading volume of 54,169,563 shares, compared to its average volume of 94,998,086. The business has a fifty day simple moving average of $175.83 and a two-hundred day simple moving average of $192.28. The company has a quick ratio of 1.17, a current ratio of 1.72 and a debt-to-equity ratio of 0.04. The firm has a market cap of $630.79 billion, a price-to-earnings ratio of 51.26, a PEG ratio of 4.87 and a beta of 2.32. Tesla, Inc. has a twelve month low of $138.80 and a twelve month high of $299.29.

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Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings data on Tuesday, April 23rd. The electric vehicle producer reported $0.35 EPS for the quarter, hitting analysts' consensus estimates of $0.35. The firm had revenue of $21.30 billion during the quarter, compared to analyst estimates of $22.15 billion. Tesla had a return on equity of 13.18% and a net margin of 14.37%. As a group, research analysts expect that Tesla, Inc. will post 1.87 EPS for the current fiscal year.

Insider Buying and Selling

In other news, SVP Xiaotong Zhu sold 650 shares of the business's stock in a transaction dated Thursday, June 6th. The stock was sold at an average price of $174.21, for a total transaction of $113,236.50. Following the completion of the transaction, the senior vice president now directly owns 65,155 shares in the company, valued at approximately $11,350,652.55. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In other news, Director Robyn M. Denholm sold 93,705 shares of the business's stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $184.86, for a total transaction of $17,322,306.30. Following the completion of the transaction, the director now directly owns 15,000 shares in the company, valued at approximately $2,772,900. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Xiaotong Zhu sold 650 shares of the business's stock in a transaction that occurred on Thursday, June 6th. The shares were sold at an average price of $174.21, for a total value of $113,236.50. Following the completion of the transaction, the senior vice president now owns 65,155 shares of the company's stock, valued at $11,350,652.55. The disclosure for this sale can be found here. Insiders sold a total of 104,855 shares of company stock worth $19,285,643 over the last three months. 25.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

• Tesla Stock: The Pay Package Battle and Its Impact on Investors

Several analysts have issued reports on TSLA shares. Evercore ISI cut their price objective on Tesla from $155.00 to $145.00 and set an "in-line" rating on the stock in a report on Monday, April 29th. Oppenheimer restated a "market perform" rating on shares of Tesla in a report on Wednesday, April 24th. Royal Bank of Canada cut their price objective on Tesla from $293.00 to $227.00 and set an "outperform" rating on the stock in a report on Thursday, June 20th. Morgan Stanley reiterated an "overweight" rating and issued a $310.00 target price on shares of Tesla in a report on Thursday, June 20th. Finally, Wedbush reiterated an "outperform" rating and issued a $275.00 target price on shares of Tesla in a report on Friday, June 14th. Seven investment analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Tesla currently has a consensus rating of "Hold" and a consensus price target of $187.30.

Read Our Latest Research Report on Tesla

Tesla Company Profile

Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

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