200 Shares in Tesla, Inc. (NASDAQ:TSLA) Purchased by A.P. Gilfoyle & Co. L.P.

A.P. Gilfoyle & Co. L.P. purchased a new stake in Tesla, Inc. (NASDAQ:TSLA) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 200 shares of the electric vehicle producer’s stock, valued at approximately $50,000. Tesla makes up about 9.2% of A.P. Gilfoyle & Co. L.P.’s portfolio, making the stock its 3rd largest holding.

A number of other large investors have also recently modified their holdings of TSLA. Royal London Asset Management Ltd. grew its position in Tesla by 1.8% in the fourth quarter. Royal London Asset Management Ltd. now owns 1,235,377 shares of the electric vehicle producer’s stock worth $306,966,000 after acquiring an additional 21,312 shares in the last quarter. Creekmur Asset Management LLC purchased a new position in shares of Tesla in the 4th quarter worth about $134,000. Transcendent Capital Group LLC bought a new position in shares of Tesla during the 4th quarter valued at about $56,000. ARK & TLK Investments LLC bought a new stake in Tesla in the 4th quarter worth approximately $245,000. Finally, Pineridge Advisors LLC purchased a new stake in Tesla in the fourth quarter worth approximately $453,000. Institutional investors own 66.20% of the company’s stock.

Tesla Stock Down 2.4 %

NASDAQ TSLA traded down $4.46 during mid-day trading on Friday, reaching $178.01. The stock had a trading volume of 82,038,194 shares, compared to its average volume of 68,882,416. Tesla, Inc. has a 1 year low of $138.80 and a 1 year high of $299.29. The stock has a market cap of $567.71 billion, a PE ratio of 45.41, a price-to-earnings-growth ratio of 4.41 and a beta of 2.32. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.72 and a quick ratio of 1.17. The company has a fifty day moving average price of $172.90 and a 200 day moving average price of $195.33.

Tesla (NASDAQ:TSLA) last issued its quarterly earnings results on Tuesday, April 23rd. The electric vehicle producer reported $0.35 earnings per share for the quarter, hitting the consensus estimate of $0.35. The business had revenue of $21.30 billion for the quarter, compared to analysts’ expectations of $22.15 billion. Tesla had a net margin of 14.37% and a return on equity of 13.18%. On average, research analysts expect that Tesla, Inc. will post 1.87 earnings per share for the current year.

Insider Buying and Selling at Tesla

In related news, SVP Xiaotong Zhu sold 650 shares of the 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 sale, the senior vice president now directly owns 65,155 shares of the company’s stock, valued at approximately $11,350,652.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. In other news, SVP Xiaotong Zhu sold 650 shares of the company’s stock in a transaction dated Thursday, June 6th. The stock was 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 transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Andrew D. Baglino sold 10,500 shares of the stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $176.20, for a total value of $1,850,100.00. Following the sale, the senior vice president now owns 31,230 shares of the company’s stock, valued at approximately $5,502,726. The disclosure for this sale can be found here. Over the last quarter, insiders sold 104,855 shares of company stock valued at $19,285,643. Company insiders own 25.10% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. Roth Mkm restated a “neutral” rating and issued a $85.00 price objective on shares of Tesla in a report on Wednesday, April 24th. Mizuho cut their price target on shares of Tesla from $195.00 to $180.00 and set a “neutral” rating for the company in a research report on Wednesday, April 24th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $175.00 price objective on shares of Tesla in a report on Friday. Evercore ISI reduced their price target on Tesla from $155.00 to $145.00 and set an “in-line” rating on the stock in a research report on Monday, April 29th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $230.00 price objective on shares of Tesla in a research report on Wednesday. Eight analysts have rated the stock with a sell rating, seventeen have given a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $185.90.

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.