
Natixis Advisors LLC 出售了 145,814 股特斯拉公司(NASDAQ:TSLA)的股票

Natixis Advisors LLC has reduced its stake in Tesla, Inc. (NASDAQ:TSLA) by 9.0%, selling 145,814 shares in the first quarter, leaving it with 1,482,966 shares valued at approximately $384.3 million. The stock represents 0.7% of Natixis's portfolio. Other institutional investors have also adjusted their positions in Tesla. Analysts have mixed ratings on the stock, with an average target price of $303.31. Tesla's shares opened at $321.20, with a market cap of $1.04 trillion, and reported a quarterly EPS of $0.40, missing estimates.
Natixis Advisors LLC reduced its stake in shares of Tesla, Inc. (NASDAQ:TSLA - Free Report) by 9.0% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 1,482,966 shares of the electric vehicle producer's stock after selling 145,814 shares during the period. Tesla comprises approximately 0.7% of Natixis Advisors LLC's portfolio, making the stock its 18th biggest position. Natixis Advisors LLC's holdings in Tesla were worth $384,326,000 as of its most recent SEC filing.
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A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in TSLA. Eagle Capital Management LLC purchased a new position in shares of Tesla in the 4th quarter worth approximately $331,000. Brighton Jones LLC boosted its stake in shares of Tesla by 11.8% in the 4th quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer's stock worth $35,509,000 after buying an additional 9,293 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Tesla by 21.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer's stock worth $2,147,000 after buying an additional 931 shares during the last quarter. Mascagni Wealth Management Inc. purchased a new position in Tesla in the fourth quarter valued at approximately $346,000. Finally, Highview Capital Management LLC DE purchased a new position in Tesla in the fourth quarter valued at approximately $2,367,000. 66.20% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several equities analysts recently commented on the company. Raymond James Financial downgraded Tesla to an "outperform" rating in a research note on Tuesday, April 22nd. Robert W. Baird reiterated a "neutral" rating and issued a $320.00 price objective on shares of Tesla in a research note on Monday, June 9th. BNP Paribas set a $137.00 price objective on Tesla and gave the company an "underperform" rating in a research note on Wednesday, April 16th. UBS Group set a $290.00 price objective on Tesla in a research note on Monday, June 30th. Finally, Canaccord Genuity Group upped their price objective on Tesla from $303.00 to $333.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Ten research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average target price of $303.31.
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Tesla Trading Down 1.3%
Shares of NASDAQ TSLA opened at $321.20 on Wednesday. The stock has a market cap of $1.04 trillion, a P/E ratio of 185.66, a price-to-earnings-growth ratio of 11.13 and a beta of 2.39. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.04 and a quick ratio of 1.55. Tesla, Inc. has a 1 year low of $182.00 and a 1 year high of $488.54. The firm has a 50-day moving average of $323.92 and a 200 day moving average of $313.10.
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Tesla (NASDAQ:TSLA - Get Free Report) last released its earnings results on Wednesday, July 23rd. The electric vehicle producer reported $0.40 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.03). The business had revenue of $22.50 billion for the quarter, compared to analysts' expectations of $23.18 billion. Tesla had a net margin of 6.54% and a return on equity of 7.98%. Tesla's revenue for the quarter was down 11.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.52 earnings per share. As a group, sell-side analysts expect that Tesla, Inc. will post 2.56 EPS for the current fiscal year.
Insider Activity
In related news, Director Ira Matthew Ehrenpreis sold 477,572 shares of the firm's stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $357.30, for a total transaction of $170,636,475.60. Following the completion of the sale, the director owned 855,394 shares of the company's stock, valued at $305,632,276.20. This trade represents a 35.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Vaibhav Taneja sold 6,000 shares of the company's stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $341.02, for a total value of $2,046,120.00. Following the completion of the transaction, the chief financial officer directly owned 1,950 shares in the company, valued at $664,989. This trade represents a 75.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 723,119 shares of company stock valued at $247,324,149. 20.70% of the stock is currently owned by insiders.
Tesla Company Profile
(Free Report)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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