Wall Street Analyst Weigh In A number of equities research analysts recently issued reports on TSLA shares. Wedbush reiterated an “outperform” rating and issued a $600.00 price objective on shares of Tesla in a report on Monday, December 15th. Barclays reiterated a “neutral” rating and set a $350.00 price target on shares of Tesla in a research note on Monday, December 1st. Wall Street Zen raised Tesla from a “sell” rating to a “hold” rating in a research note on Saturday, October 25th. Robert W. Baird upgraded Tesla from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $320.00 to $548.00 in a report on Friday, September 19th. Finally, JPMorgan Chase & Co. reiterated a “sell” rating on shares of Tesla in a report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have given a Hold rating and nine have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $408.54. View Our Latest Stock Analysis on TSLA Insider Activity In other Tesla news, Director Kimbal Musk sold 56,820 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total value of $25,606,501.20. Following the completion of the sale, the director owned 1,391,615 shares in the company, valued at approximately $627,145,215.90. This trade represents a 3.92% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Vaibhav Taneja sold 2,637 shares of the business’s 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 owned 13,757 shares in the company, valued at approximately $6,107,145.01. This represents a 16.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 119,457 shares of company stock valued at $53,501,145. Insiders own 19.90% of the company’s stock. Tesla Stock Down 0.4% TSLA opened at $447.20 on Wednesday. The business has a 50 day moving average of $443.95 and a 200-day moving average of $397.34. The stock has a market capitalization of $1.49 trillion, a price-to-earnings ratio of 298.13, a P/E/G ratio of 7.46 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, Inc. has a 1-year low of $214.25 and a 1-year high of $498.83. Tesla (NASDAQ:TSLA – Get Free Report) last released its earnings results 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. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The firm had revenue of $28.10 billion during the quarter, compared to analysts’ expectations of $24.98 billion. During the same period in the prior year, the company earned $0.72 EPS. The business’s quarterly revenue was up 11.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current year. Tesla Company Profile