Share on Stocktwits Wallace Hart LLC bought a new stake in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) during the third quarter, Holdings Channel.com reports. The fund bought 1,725 shares of the electric vehicle producer’s stock, valued at approximately $767,000. Tesla comprises 0.6% of Wallace Hart LLC’s holdings, making the stock its 26th largest holding. Get Tesla alerts: A number of other large investors also recently bought and sold shares of TSLA. Chapman Financial Group LLC acquired a new position in Tesla during the second quarter worth $26,000. LGT Financial Advisors LLC purchased a new stake in shares of Tesla during the second quarter worth about $29,000. Manning & Napier Advisors LLC acquired a new position in shares of Tesla during the 3rd quarter worth about $29,000. CoreFirst Bank & Trust purchased a new position in Tesla in the 2nd quarter valued at about $30,000. Finally, ESL Trust Services LLC increased its stake in Tesla by 1,900.0% during the 2nd quarter. ESL Trust Services LLC now owns 100 shares of the electric vehicle producer’s stock worth $32,000 after buying an additional 95 shares in the last quarter. Institutional investors and hedge funds own 66.20% of the company’s stock. Insider Transactions at Tesla In other Tesla news, Director James R. Murdoch sold 60,000 shares of the company’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $445.40, for a total value of $26,724,000.00. Following the transaction, the director owned 577,031 shares of the company’s stock, valued at $257,009,607.40. This represents a 9.42% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Kimbal Musk sold 56,820 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The shares were 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 in the company, valued at $627,145,215.90. This trade represents a 3.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 119,457 shares of company stock worth $53,501,145. 19.90% of the stock is currently owned by company insiders. Tesla Price Performance Tesla stock opened at $421.81 on Tuesday. The company has a current ratio of 2.16, a quick ratio of 1.77 and a debt-to-equity ratio of 0.08. The company has a 50-day moving average price of $447.77 and a 200 day moving average price of $409.50. Tesla, Inc. has a 12-month low of $214.25 and a 12-month high of $498.83. The stock has a market cap of $1.40 trillion, a P/E ratio of 390.56, a PEG ratio of 7.34 and a beta of 1.83. Tesla (NASDAQ:TSLA – Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share 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 analysts’ expectations of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The business’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.73 EPS. Sell-side analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current year. Trending Headlines about Tesla