Key Points Glj Research has reaffirmed a "sell" rating for Tesla, setting a target price of $19.05, which indicates a potential downside of 95.61% from the current stock price. Tesla's stock has recently traded down to $434.05, with a 52-week range between $212.11 and $488.54. Despite the bearish stance from Glj Research, a significant number of analysts remain positive on Tesla, with two analyststwenty-one analysts Tesla Price Performance Shares of Tesla stock traded down $7.14 on Wednesday, hitting $435.46. 30,721,774 shares of the company traded hands, compared to its average volume of 101,387,289. Tesla has a 12-month low of $212.11 and a 12-month high of $488.54. The company has a current ratio of 2.04, a quick ratio of 1.55 and a debt-to-equity ratio of 0.07. The company has a market cap of $1.45 trillion, a P/E ratio of 252.02, a P/E/G ratio of 16.08 and a beta of 2.08. The firm's 50-day simple moving average is $391.74 and its 200 day simple moving average is $336.26. Tesla (NASDAQ:TSLA - Get Free Report) last released its earnings results on Wednesday, July 23rd. The electric vehicle producer reported $0.40 EPS for the quarter, missing analysts' consensus estimates of $0.43 by ($0.03). Tesla had a net margin of 6.54% and a return on equity of 7.98%. The firm had revenue of $22.50 billion during the quarter, compared to the consensus estimate of $23.18 billion. During the same period in the prior year, the company earned $0.52 EPS. The firm's revenue was down 11.8% compared to the same quarter last year. Analysts expect that Tesla will post 2.56 earnings per share for the current fiscal year. Insider Activity In other Tesla news, SVP Xiaotong Zhu sold 20,000 shares of the company's stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $363.75, for a total transaction of $7,275,000.00. Following the completion of the transaction, the senior vice president owned 47,600 shares of the company's stock, valued at $17,314,500. This represents a 29.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $352.38, for a total value of $918,302.28. Following the completion of the sale, the chief financial officer owned 9,856 shares in the company, valued at approximately $3,473,057.28. This represents a 20.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 202,606 shares of company stock valued at $75,588,902. Insiders own 19.90% of the company's stock. Institutional Trading of Tesla A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Siren L.L.C. bought a new stake in shares of Tesla during the 1st quarter valued at about $2,332,000. Zuckerman Investment Group LLC boosted its position in Tesla by 6.9% during the 1st quarter. Zuckerman Investment Group LLC now owns 12,748 shares of the electric vehicle producer's stock valued at $3,304,000 after acquiring an additional 826 shares in the last quarter. Keystone Global Partners LLC purchased a new position in shares of Tesla during the 1st quarter worth approximately $594,000. Strs Ohio bought a new position in shares of Tesla in the 1st quarter worth approximately $205,495,000. Finally, IFM Investors Pty Ltd raised its position in shares of Tesla by 8.5% in the 1st quarter. IFM Investors Pty Ltd now owns 586,460 shares of the electric vehicle producer's stock worth $153,436,000 after acquiring an additional 46,087 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company's stock. Tesla Company Profile