Tesla Stock Up 3.3% TSLA stock opened at $430.41 on Thursday. The firm has a market cap of $1.43 trillion, a price-to-earnings ratio of 398.53, a PEG ratio of 7.11 and a beta of 1.83. Tesla has a 1-year low of $214.25 and a 1-year high of $498.83. The firm has a fifty day moving average price of $447.69 and a two-hundred day moving average price of $407.49. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.67. Tesla (NASDAQ:TSLA – Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, beating the consensus estimate of $0.45 by $0.05. The business had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The company’s quarterly revenue was down 3.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.73 EPS. Research analysts predict that Tesla will post 2.56 EPS for the current year. Insiders Place Their Bets In other Tesla news, Director James R. Murdoch sold 60,000 shares of the business’s stock in a transaction on 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 sale, the director directly owned 577,031 shares of the company’s stock, valued at $257,009,607.40. The trade was a 9.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of the stock in a transaction that occurred 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 sale, the director directly owned 1,391,615 shares of the company’s stock, valued at $627,145,215.90. This trade represents a 3.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 119,457 shares of company stock worth $53,501,145. Corporate insiders own 19.90% of the company’s stock. Institutional Investors Weigh In On Tesla Several hedge funds and other institutional investors have recently made changes to their positions in TSLA. Norges Bank bought a new stake in Tesla in the 2nd quarter valued at $11,839,824,000. Vanguard Group Inc. raised its holdings in shares of Tesla by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock worth $116,443,762,000 after buying an additional 6,538,720 shares in the last quarter. Holocene Advisors LP lifted its holdings in shares of Tesla by 132.2% during the third quarter. Holocene Advisors LP now owns 6,157,000 shares of the electric vehicle producer’s stock valued at $2,738,141,000 after acquiring an additional 3,505,000 shares during the period. Amundi boosted its position in Tesla by 20.4% in the second quarter. Amundi now owns 20,194,152 shares of the electric vehicle producer’s stock valued at $6,374,284,000 after buying an additional 3,422,270 shares in the last quarter. Finally, Jennison Associates LLC raised its position in Tesla by 38.3% in the 3rd quarter. Jennison Associates LLC now owns 10,909,666 shares of the electric vehicle producer’s stock valued at $4,851,747,000 after purchasing an additional 3,021,550 shares during the last quarter. 66.20% of the stock is owned by institutional investors and hedge funds. Tesla News Summary