Wall Street Analyst Weigh In TSLA has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. boosted their price target on shares of Tesla from $115.00 to $150.00 in a report on Friday, October 3rd. William Blair reissued a “market perform” rating on shares of Tesla in a research note on Friday, September 5th. CICC Research raised their target price on Tesla from $450.00 to $500.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Wedbush reiterated an “outperform” rating and set a $600.00 price target on shares of Tesla in a report on Monday, December 15th. Finally, Morgan Stanley set a $425.00 price objective on Tesla and gave the stock an “equal weight” rating in a research note on Sunday, December 7th. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, fourteen have assigned a Hold rating and nine have given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $414.50. Get Our Latest Research Report on TSLA Tesla Stock Down 3.3% Tesla stock opened at $459.64 on Tuesday. The company has a market capitalization of $1.53 trillion, a P/E ratio of 306.43, a P/E/G ratio of 12.01 and a beta of 1.87. Tesla, Inc. has a 1-year low of $214.25 and a 1-year high of $498.83. The firm’s fifty day simple moving average is $445.22 and its 200-day simple moving average is $388.31. The company has a current ratio of 2.07, a quick ratio of 1.67 and a debt-to-equity ratio of 0.07. Tesla (NASDAQ:TSLA – Get Free Report) last posted its earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.02. The company had revenue of $28.10 billion for the quarter, compared to analyst estimates of $24.98 billion. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The business’s revenue was up 11.6% compared to the same quarter last year. During the same period last year, the company earned $0.72 earnings per share. Sell-side analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Insiders Place Their Bets In related news, CFO Vaibhav Taneja sold 2,637 shares of the company’s stock in a transaction on Monday, December 8th. The shares were sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the completion of the sale, the chief financial officer directly owned 13,757 shares of the company’s stock, valued at approximately $6,107,145.01. This represents a 16.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of Tesla stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the completion of the transaction, the director owned 1,391,615 shares in the company, valued at $627,145,215.90. This trade represents a 3.92% decrease in their position. The SEC filing for this sale provides additional information. 19.90% of the stock is currently owned by insiders. Tesla Profile