Analyst Ratings Changes A number of equities analysts have recently commented on TSLA shares. UBS Group restated a “sell” rating and set a $247.00 price objective on shares of Tesla in a research note on Monday, January 5th. Canaccord Genuity Group increased their price target on Tesla from $482.00 to $551.00 and gave the company a “buy” rating in a research report on Tuesday, December 23rd. China Renaissance boosted their price target on Tesla from $349.00 to $380.00 and gave the stock a “hold” rating in a research report on Friday, October 24th. William Blair reiterated a “market perform” rating on shares of Tesla in a research note on Friday, January 2nd. Finally, HSBC reissued a “reduce” rating on shares of Tesla in a research note on Monday, November 17th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have given a Hold rating and nine have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $408.54. View Our Latest Analysis on Tesla Insider Buying and Selling at Tesla In other Tesla news, Director Kimbal Musk sold 56,820 shares of the stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the transaction, the director directly owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. This represents a 3.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James R. Murdoch sold 60,000 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total value of $26,724,000.00. Following the sale, the director owned 577,031 shares of the company’s stock, valued at approximately $257,009,607.40. This represents a 9.42% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 119,457 shares of company stock valued at $53,501,145 in the last three months. 19.90% of the stock is currently owned by company insiders. Tesla Stock Up 2.1% TSLA opened at $445.01 on Monday. The stock’s fifty day simple moving average is $444.28 and its 200 day simple moving average is $395.60. Tesla, Inc. has a 1-year low of $214.25 and a 1-year high of $498.83. The stock has a market cap of $1.48 trillion, a PE ratio of 296.67, a price-to-earnings-growth ratio of 7.40 and a beta of 1.83. 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 released its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS for the quarter, beating the consensus estimate of $0.48 by $0.02. The firm had revenue of $28.10 billion for 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 quarterly revenue was up 11.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.72 earnings per share. As a group, research analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year. About Tesla