Analyst Ratings Changes TSLA has been the topic of several research reports. Wells Fargo & Company lowered their price objective on shares of Tesla from $130.00 to $125.00 and set an “underweight” rating on the stock in a research report on Thursday, January 29th. Stifel Nicolaus set a $508.00 target price on shares of Tesla in a report on Thursday, January 29th. Barclays reiterated a “neutral” rating on shares of Tesla in a research note on Wednesday, March 4th. CICC Research boosted their price target on Tesla from $450.00 to $500.00 and gave the company an “outperform” rating in a research report on Thursday, December 18th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $500.00 price objective on shares of Tesla in a research note on Thursday, January 29th. Nineteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and nine have given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $406.84. Get Our Latest Analysis on Tesla Insider Activity at Tesla In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of the stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $397.03, for a total value of $898,875.92. Following the completion of the transaction, the chief financial officer directly owned 18,106 shares of the company’s stock, valued at approximately $7,188,625.18. This trade represents a 11.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Kathleen Wilson-Thompson sold 25,731 shares of Tesla stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $415.56, for a total transaction of $10,692,774.36. Following the sale, the director owned 19,669 shares of the company’s stock, valued at approximately $8,173,649.64. The trade was a 56.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 87,995 shares of company stock worth $38,315,650 over the last 90 days. Company insiders own 19.90% of the company’s stock. Tesla Trading Down 3.2% NASDAQ:TSLA opened at $380.24 on Friday. Tesla, Inc. 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 quick ratio of 1.77 and a current ratio of 2.16. The stock has a fifty day moving average price of $416.30 and a two-hundred day moving average price of $426.27. The stock has a market capitalization of $1.43 trillion, a price-to-earnings ratio of 352.07, a PEG ratio of 11.61 and a beta of 1.89. Tesla (NASDAQ:TSLA – Get Free Report) last issued its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, topping the consensus estimate of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The company had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. During the same period in the previous year, the firm earned $0.73 EPS. The business’s revenue was down 3.1% on a year-over-year basis. As a group, sell-side analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Tesla Profile