753 Shares in Tesla Inc (TSLA) Acquired by Green Square Capital LLC

Green Square Capital LLC bought a new position in Tesla Inc (NASDAQ:TSLA) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 753 shares of the electric vehicle producer’s stock, valued at approximately $257,000.

Other institutional investors have also recently modified their holdings of the company. Trexquant Investment LP purchased a new stake in Tesla in the second quarter worth $341,000. Schwab Charles Investment Management Inc. lifted its stake in Tesla by 9.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 216,190 shares of the electric vehicle producer’s stock worth $78,177,000 after acquiring an additional 18,848 shares during the period. DekaBank Deutsche Girozentrale lifted its stake in Tesla by 31.5% in the second quarter. DekaBank Deutsche Girozentrale now owns 11,778 shares of the electric vehicle producer’s stock worth $4,437,000 after acquiring an additional 2,821 shares during the period. Advisors Asset Management Inc. lifted its stake in Tesla by 29.1% in the second quarter. Advisors Asset Management Inc. now owns 985 shares of the electric vehicle producer’s stock worth $356,000 after acquiring an additional 222 shares during the period. Finally, Trillium Asset Management LLC lifted its stake in Tesla by 0.8% in the second quarter. Trillium Asset Management LLC now owns 9,244 shares of the electric vehicle producer’s stock worth $3,343,000 after acquiring an additional 74 shares during the period. Hedge funds and other institutional investors own 57.20% of the company’s stock.

TSLA has been the subject of a number of research analyst reports. Sanford C. Bernstein set a $265.00 price target on Tesla and gave the stock a “neutral” rating in a research note on Wednesday, September 20th. Cascend Securities lowered Tesla from a “hold” rating to a “sell” rating and set a $250.00 price target for the company. in a research note on Tuesday, December 5th. Evercore ISI dropped their price target on Tesla from $330.00 to $312.00 and set an “outperform” rating for the company in a research note on Sunday, October 29th. Vetr raised Tesla from a “strong sell” rating to a “sell” rating and set a $308.16 price target for the company in a research note on Tuesday, October 3rd. Finally, Citigroup reaffirmed a “hold” rating and issued a $367.00 price target on shares of Tesla in a research note on Wednesday, November 15th. Thirteen research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $331.04.

In other Tesla news, Director Kimbal Musk sold 2,190 shares of the business’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $341.69, for a total transaction of $748,301.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP John Douglas Field sold 600 shares of the business’s stock in a transaction dated Thursday, November 2nd. The shares were sold at an average price of $301.60, for a total value of $180,960.00. Following the sale, the vice president now owns 21,424 shares of the company’s stock, valued at $6,461,478.40. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 11,417 shares of company stock valued at $3,694,761. Corporate insiders own 23.10% of the company’s stock.

Shares of Tesla Inc (NASDAQ TSLA) opened at $339.03 on Thursday. Tesla Inc has a twelve month low of $196.76 and a twelve month high of $389.61. The company has a quick ratio of 0.71, a current ratio of 1.09 and a debt-to-equity ratio of 1.66.

Tesla (NASDAQ:TSLA) last released its quarterly earnings data on Wednesday, November 1st. The electric vehicle producer reported ($2.92) EPS for the quarter, topping the consensus estimate of ($3.09) by $0.17. Tesla had a negative return on equity of 24.88% and a negative net margin of 13.09%. The company had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same period last year, the company earned $0.71 EPS. Tesla’s revenue for the quarter was up 29.9% on a year-over-year basis. sell-side analysts predict that Tesla Inc will post -11.38 EPS for the current fiscal year.

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Tesla Company Profile

Tesla, Inc, formerly Tesla Motors, Inc, designs, develops, manufactures and sells fully electric vehicles, and energy storage systems, as well as installs, operates and maintains solar and energy storage products. The Company operates through two segments: Automotive, and Energy generation and storage.

Institutional Ownership by Quarter for Tesla (NASDAQ:TSLA)

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