NTV Asset Management LLC decreased its stake in Tesla, Inc. (NASDAQ:TSLA – Free Report) by 30.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,398 shares of the electric vehicle producer’s stock after selling 603 shares during the quarter. NTV Asset Management LLC’s holdings in Tesla were worth $347,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Wyrmwood Management LLC purchased a new stake in shares of Tesla during the 4th quarter worth about $25,000. Lam Group Inc. purchased a new stake in shares of Tesla in the fourth quarter valued at approximately $25,000. Mendota Financial Group LLC raised its stake in shares of Tesla by 202.2% during the 4th quarter. Mendota Financial Group LLC now owns 136 shares of the electric vehicle producer’s stock worth $34,000 after buying an additional 91 shares during the period. Kathleen S. Wright Associates Inc. lifted its position in shares of Tesla by 111.1% during the 4th quarter. Kathleen S. Wright Associates Inc. now owns 190 shares of the electric vehicle producer’s stock valued at $47,000 after buying an additional 100 shares in the last quarter. Finally, Cordant Inc. purchased a new stake in Tesla in the 3rd quarter worth $53,000. 66.20% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In related news, SVP Andrew D. Baglino sold 10,500 shares of the firm’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $176.20, for a total transaction of $1,850,100.00. Following the completion of the transaction, the senior vice president now directly owns 31,230 shares in the company, valued at approximately $5,502,726. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other Tesla news, SVP Andrew D. Baglino sold 10,500 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $176.20, for a total value of $1,850,100.00. Following the completion of the transaction, the senior vice president now owns 31,230 shares of the company’s stock, valued at approximately $5,502,726. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robyn M. Denholm sold 93,706 shares of the business’s stock in a transaction on Wednesday, February 21st. The stock was sold at an average price of $194.73, for a total transaction of $18,247,369.38. Following the completion of the transaction, the director now owns 15,000 shares of the company’s stock, valued at approximately $2,920,950. The disclosure for this sale can be found here. Insiders have sold 209,098 shares of company stock worth $38,802,534 over the last ninety days. Corporate insiders own 25.10% of the company’s stock.
Analysts Set New Price Targets
View Our Latest Report on TSLA
Tesla Trading Up 0.7 %
Shares of Tesla stock traded up $1.18 on Friday, reaching $181.19. The company had a trading volume of 75,491,539 shares, compared to its average volume of 112,969,304. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.17 and a current ratio of 1.72. The firm has a market cap of $577.85 billion, a PE ratio of 46.22, a PEG ratio of 4.74 and a beta of 2.41. The firm’s 50 day moving average price is $173.85 and its two-hundred day moving average price is $204.81. Tesla, Inc. has a 52-week low of $138.80 and a 52-week high of $299.29.
Tesla Company Profile
Tesla, Inc designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.
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