Insiders Place Their Bets In related news, CFO Vaibhav Taneja sold 2,606 shares of the business’s 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 of the company’s stock, valued at approximately $3,473,057.28. The trade was a 20.91% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Xiaotong Zhu sold 20,000 shares of Tesla stock in a transaction that occurred on Thursday, September 11th. The shares were 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 directly owned 47,600 shares in the company, valued at approximately $17,314,500. The trade was a 29.59% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 202,606 shares of company stock valued at $75,588,902 over the last 90 days. 19.90% of the stock is currently owned by insiders. Institutional Trading of Tesla Hedge funds and other institutional investors have recently made changes to their positions in the business. Westend Capital Management LLC acquired a new stake in shares of Tesla in the third quarter valued at approximately $32,000. Chapman Financial Group LLC acquired a new position in Tesla during the second quarter worth $26,000. LGT Financial Advisors LLC acquired a new position in Tesla during the second quarter worth $29,000. CoreFirst Bank & Trust acquired a new position in Tesla during the second quarter worth $30,000. Finally, ESL Trust Services LLC increased its holdings in Tesla by 1,900.0% during the second quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock worth $32,000 after buying an additional 95 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds. Tesla Stock Performance The firm has a market capitalization of $1.44 trillion, a price-to-earnings ratio of 289.15, a P/E/G ratio of 15.59 and a beta of 2.08. The stock’s fifty day moving average is $398.06 and its two-hundred day moving average is $340.74. The company has a quick ratio of 1.55, a current ratio of 2.07 and a debt-to-equity ratio of 0.07. Tesla (NASDAQ:TSLA – Get Free Report) last released its earnings results on Wednesday, October 22nd. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.02. The business had revenue of $28.10 billion during the quarter, compared to the consensus estimate of $24.98 billion. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The company’s revenue for the quarter was up 11.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.72 EPS. On average, analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current year. Tesla Company Profile