Insider Transactions at Tesla In other Tesla news, Director James R. Murdoch sold 60,000 shares of the firm’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the completion of the transaction, the director owned 577,031 shares in the company, valued at $257,009,607.40. This trade represents a 9.42% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Vaibhav Taneja sold 2,637 shares of Tesla stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $443.93, for a total value of $1,170,643.41. Following the sale, the chief financial officer directly owned 13,757 shares in the company, valued at $6,107,145.01. The trade was a 16.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 119,457 shares of company stock valued at $53,501,145. Company insiders own 19.90% of the company’s stock. Wall Street Analysts Forecast Growth Several research analysts recently commented on the stock. JPMorgan Chase & Co. reiterated a “sell” rating on shares of Tesla in a report on Monday, January 5th. TD Cowen lifted their price objective on Tesla from $374.00 to $509.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. Stifel Nicolaus increased their target price on Tesla from $483.00 to $508.00 and gave the company a “buy” rating in a research note on Monday, November 17th. Bank of America raised their target price on Tesla from $341.00 to $471.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Tesla in a report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have issued a Hold rating and nine have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Tesla has a consensus rating of “Hold” and a consensus target price of $410.20.