Kathleen Wilson-Thompson Sells 26,409 Shares of Tesla (NASDAQ:TSLA) Stock

Tesla, Inc. (NASDAQ:TSLAGet Free Report) Director Kathleen Wilson-Thompson sold 26,409 shares of the company’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the transaction, the director owned 48,399 shares of the company’s stock, valued at approximately $18,300,145.89. This represents a 35.30% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Kathleen Wilson-Thompson also recently made the following trade(s):

  • On Monday, March 30th, Kathleen Wilson-Thompson sold 25,809 shares of Tesla stock. The stock was sold at an average price of $359.33, for a total transaction of $9,273,947.97.
  • On Wednesday, February 25th, Kathleen Wilson-Thompson sold 25,731 shares of Tesla stock. The stock was sold at an average price of $415.56, for a total transaction of $10,692,774.36.

Tesla Price Performance

Shares of NASDAQ:TSLA opened at $389.41 on Wednesday. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.62 and a current ratio of 2.04. The firm has a fifty day moving average price of $382.65 and a 200 day moving average price of $418.78. Tesla, Inc. has a fifty-two week low of $271.00 and a fifty-two week high of $498.83. The firm has a market cap of $1.46 trillion, a price-to-earnings ratio of 357.26, a P/E/G ratio of 14.94 and a beta of 1.79.

Tesla (NASDAQ:TSLAGet Free Report) last issued its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The firm had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.96 billion. During the same quarter in the prior year, the business earned $0.27 earnings per share. Tesla’s revenue for the quarter was up 15.8% on a year-over-year basis. As a group, sell-side analysts expect that Tesla, Inc. will post 1.25 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have commented on TSLA. Phillip Securities lifted their price objective on shares of Tesla from $215.00 to $220.00 and gave the stock a “sell” rating in a research note on Monday, April 27th. DZ Bank raised shares of Tesla from a “sell” rating to a “hold” rating and set a $385.00 price objective for the company in a research note on Friday, April 24th. Robert W. Baird dropped their price objective on shares of Tesla from $538.00 to $522.00 and set an “outperform” rating for the company in a research note on Friday, April 24th. Piper Sandler reissued an “overweight” rating on shares of Tesla in a research note on Thursday, January 29th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Tesla in a research note on Friday, April 24th. Nineteen research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, Tesla has an average rating of “Hold” and an average price target of $398.42.

View Our Latest Stock Report on TSLA

Trending Headlines about Tesla

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Institutional Investors Weigh In On Tesla

Institutional investors have recently made changes to their positions in the company. Networth Advisors LLC bought a new stake in shares of Tesla in the 4th quarter worth about $26,000. Chapman Financial Group LLC bought a new stake in shares of Tesla in the 2nd quarter worth about $26,000. Davidson Capital Management Inc. lifted its holdings in shares of Tesla by 79.4% in the 4th quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock worth $27,000 after acquiring an additional 27 shares during the last quarter. Friedenthal Financial lifted its holdings in shares of Tesla by 66.7% in the 1st quarter. Friedenthal Financial now owns 75 shares of the electric vehicle producer’s stock worth $28,000 after acquiring an additional 30 shares during the last quarter. Finally, Manning & Napier Advisors LLC bought a new stake in shares of Tesla in the 3rd quarter worth about $29,000. Institutional investors own 66.20% of the company’s stock.

Tesla Company Profile

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Tesla, Inc (NASDAQ: TSLA) is an American company that designs, manufactures and sells electric vehicles, energy generation and energy storage products. Founded in 2003 by Martin Eberhard and Marc Tarpenning, Tesla grew into a vertically integrated mobility and clean‑energy company with Elon Musk serving as its chief executive officer. The company’s stated mission is to accelerate the world’s transition to sustainable energy, reflected in its combined focus on electric drivetrains, battery technology, renewable energy products and software.

Tesla’s automotive business includes a lineup of battery‑electric vehicles and related services.

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