Tesla Trading Down 1.7% Shares of TSLA stock opened at $346.65 on Monday. The company has a market cap of $1.30 trillion, a P/E ratio of 320.97, a PEG ratio of 10.69 and a beta of 1.91. The stock has a 50 day simple moving average of $397.73 and a two-hundred day simple moving average of $426.55. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16. Tesla has a fifty-two week low of $217.80 and a fifty-two week high of $498.83. Tesla (NASDAQ:TSLA – Get Free Report) last issued its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. The business had revenue of $24.90 billion during the quarter, compared to the consensus estimate of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The firm’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.73 earnings per share. Research analysts forecast that Tesla will post 2.56 earnings per share for the current year. Insider Activity at Tesla In related news, CFO Vaibhav Taneja sold 2,264 shares of Tesla stock in a transaction that occurred on Friday, March 6th. The stock was 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 of the company’s stock, valued at $7,188,625.18. The trade was a 11.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of Tesla stock in a transaction that occurred on Monday, March 30th. The shares were sold at an average price of $359.33, for a total value of $9,273,947.97. Following the transaction, the director directly owned 33,860 shares in the company, valued at approximately $12,166,913.80. The trade was a 43.25% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 53,804 shares of company stock worth $20,865,598. 19.90% of the stock is owned by insiders. Institutional Inflows and Outflows Hedge funds have recently modified their holdings of the stock. Networth Advisors LLC purchased a new position in Tesla in the fourth quarter worth $26,000. Chapman Financial Group LLC purchased a new position in Tesla in the second quarter worth $26,000. Davidson Capital Management Inc. boosted its position in Tesla by 79.4% in the fourth quarter. Davidson Capital Management Inc. now owns 61 shares of the electric vehicle producer’s stock worth $27,000 after purchasing an additional 27 shares during the last quarter. Manning & Napier Advisors LLC purchased a new position in Tesla in the third quarter worth $29,000. Finally, CoreFirst Bank & Trust purchased a new position in Tesla in the second quarter worth $30,000. Hedge funds and other institutional investors own 66.20% of the company’s stock. Trending Headlines about Tesla