Insider Buying and Selling In other news, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction on Friday, March 6th. The shares were sold at an average price of $397.03, for a total transaction of $898,875.92. Following the transaction, the chief financial officer owned 18,106 shares in the company, valued at approximately $7,188,625.18. The trade was a 11.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the business’s stock in a transaction on Monday, March 30th. The stock was sold at an average price of $359.33, for a total transaction of $9,273,947.97. Following the completion of the sale, the director directly owned 33,860 shares in the company, valued at approximately $12,166,913.80. This represents a 43.25% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 53,804 shares of company stock valued at $20,865,598. 19.90% of the stock is owned by company insiders. Analyst Upgrades and Downgrades A number of equities research analysts have recently issued reports on TSLA shares. JPMorgan Chase & Co. reduced their target price on shares of Tesla from $150.00 to $145.00 and set an “underweight” rating for the company in a research report on Friday, January 30th. President Capital dropped their price objective on shares of Tesla from $517.00 to $500.00 and set a “buy” rating for the company in a research note on Friday, January 30th. Mizuho set a $540.00 target price on shares of Tesla and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Canaccord Genuity Group cut their price target on Tesla from $520.00 to $420.00 and set a “buy” rating for the company in a research note on Tuesday. Finally, DZ Bank reissued a “sell” rating on shares of Tesla in a research report on Thursday, January 29th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and ten have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $403.98.