Tesla Trading Up 0.1% Shares of NASDAQ TSLA opened at $411.71 on Wednesday. Tesla has a 1-year low of $214.25 and a 1-year high of $498.83. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.16 and a quick ratio of 1.77. The business’s 50 day moving average is $441.59 and its two-hundred day moving average is $416.81. The stock has a market capitalization of $1.54 trillion, a P/E ratio of 381.21, a PEG ratio of 14.48 and a beta of 1.86. Tesla (NASDAQ:TSLA – Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (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 return on equity of 4.86% and a net margin of 4.00%.The company’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same period last year, the company earned $0.73 EPS. As a group, research analysts expect that Tesla will post 2.56 EPS for the current year. Insider Activity at Tesla In other news, Director Kimbal Musk sold 56,820 shares of Tesla stock in a transaction 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 transaction, the director directly 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 SEC, which can be accessed through this hyperlink. Also, CFO Vaibhav Taneja sold 2,637 shares of the company’s stock in a transaction on Monday, December 8th. The stock was 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 of the company’s stock, valued at $6,107,145.01. This trade represents a 16.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 119,457 shares of company stock valued at $53,501,145 over the last ninety days. 19.90% of the stock is owned by company insiders. Hedge Funds Weigh In On Tesla A number of large investors have recently added to or reduced their stakes in TSLA. Norges Bank acquired a new position in shares of Tesla in the fourth quarter valued at about $17,128,100,000. Corient Private Wealth LLC boosted its position in Tesla by 3,205.5% in the fourth quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock valued at $9,650,811,000 after buying an additional 20,810,386 shares during the last quarter. Bank of America Corp DE increased its holdings in Tesla by 56.0% in the 4th quarter. Bank of America Corp DE now owns 20,755,605 shares of the electric vehicle producer’s stock worth $9,334,211,000 after buying an additional 7,450,766 shares during the period. Cardano Risk Management B.V. raised its position in Tesla by 882.8% during the 4th quarter. Cardano Risk Management B.V. now owns 8,202,060 shares of the electric vehicle producer’s stock worth $3,688,630,000 after buying an additional 7,367,507 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in Tesla by 2.6% during the 4th quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock valued at $116,443,762,000 after acquiring an additional 6,538,720 shares during the period. 66.20% of the stock is currently owned by institutional investors. Key Headlines Impacting Tesla