Tesla Stock Down 1.0% TSLA opened at $343.25 on Tuesday. The business’s fifty day moving average is $395.97 and its two-hundred day moving average is $425.97. 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 company has a market cap of $1.29 trillion, a price-to-earnings ratio of 317.82, a PEG ratio of 10.69 and a beta of 1.91. Tesla has a one year low of $222.79 and a one year high of $498.83. Tesla (NASDAQ:TSLA – Get Free Report) last posted its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. The company had revenue of $24.90 billion for 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%.Tesla’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same period in the previous year, the business earned $0.73 earnings per share. Analysts anticipate that Tesla will post 2.56 EPS for the current fiscal year. Insider Buying and Selling at Tesla In related news, CFO Vaibhav Taneja sold 2,264 shares of the company’s stock in a transaction on Friday, March 6th. The stock was 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 in the company, valued at approximately $7,188,625.18. This represents a 11.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Kathleen Wilson-Thompson sold 25,809 shares of the company’s stock in a transaction 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 completion of the transaction, the director owned 33,860 shares of the company’s stock, valued at $12,166,913.80. The trade was a 43.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 53,804 shares of company stock valued at $20,865,598 over the last quarter. Insiders own 19.90% of the company’s stock. Hedge Funds Weigh In On Tesla Several institutional investors have recently added to or reduced their stakes in TSLA. Norges Bank acquired a new position in Tesla in the fourth quarter valued at $17,128,100,000. Corient Private Wealth LLC increased its stake in Tesla by 3,205.5% during the fourth quarter. Corient Private Wealth LLC now owns 21,459,599 shares of the electric vehicle producer’s stock worth $9,650,811,000 after acquiring an additional 20,810,386 shares during the last quarter. Bank of America Corp DE increased its stake in Tesla by 56.0% during the fourth 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 acquiring an additional 7,450,766 shares during the last quarter. Cardano Risk Management B.V. increased its stake in Tesla by 882.8% during the fourth 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 acquiring an additional 7,367,507 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in Tesla by 2.6% during the fourth quarter. Vanguard Group Inc. now owns 258,925,024 shares of the electric vehicle producer’s stock worth $116,443,762,000 after acquiring an additional 6,538,720 shares during the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds. Key Tesla News