Science

Institutional Investors Are Betting On Tesla Motors Inc (NASDAQ:TSLA)

In the last quarter, insiders have sold 50,992 shares of company stock valued at $17,390,505. Similar statistics are true for the second largest owner, Baillie Gifford & Co, which owns 13,096,158 shares of the stock are valued at $4.2 billion. Tesla, Inc. (TSLA) now has 166890 shares outstanding, which means that its market capitalization is $50.77B.

It closed at $29.05 lastly. It is down 44.43% since November 3, 2016 and is uptrending. It has outperformed by 27.73% the S&P500.

For the ongoing Fiscal Quarter, 19 analysts have an average earnings forecast of $-1.72 per share. The investment professionals in our partner's database now hold: 92.06 million shares, down from 102.64 million shares in 2017Q1. The third largest holder is Vanguard Group Inc, which now holds $2 billion worth of this stock and that ownership represents almost 3.94% of its market capitalization. It has outperformed by 17.85% the S&P500.

Since January 1, 0001, it had 0 buys, and 3 sales for $41.43 million activity. The insider Straubel Jeffrey B sold 109,100 shares worth $33.58 million.

About 3.05M shares traded. The stock now has an average rating of "Hold" and an average price target of $331.40. Therefore 34% are positive. Tesla Motors Inc had 106 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned "Overweight" rating on Tuesday, October 6 by Morgan Stanley. (NASDAQ:TSLA), with 5 analysts believing it is a strong buy. The stock has "Underperform" rating by Bank of America on Friday, August 7. Guggenheim restated a "buy" rating and set a $430.00 price objective on shares of Tesla in a research report on Thursday, August 10th. The rating was maintained by Piper Jaffray with "Buy" on Monday, October 16. The stock of Tesla Inc (NASDAQ:TSLA) earned "Buy" rating by Robert W. Baird on Wednesday, October 25. Vetr downgraded shares of Tesla from a "strong-buy" rating to a "buy" rating and set a $385.74 price target for the company.in a research report on Thursday, August 3rd. RBC Capital Markets maintained it with "Sector Perform" rating and $180 target in Thursday, February 11 report.

In the most recent financial results released by Tesla, Inc., for the quarter ending on 2017-06-30, the company posted EPS of -1.33. Its up 0.19, from 1.08 in 2017Q1. It is positive, as 22 investors sold HomeStreet Inc shares while 38 reduced holdings. Nelson Van Denburg Campbell Wealth Management Gru Ltd Liability Corporation holds 204 shares or 0.03% of its portfolio. Brown Brothers Harriman And reported 735 shares. Calamos Advsr Ltd Liability reported 0.17% in Tesla Inc (NASDAQ:TSLA). CIBC World Markets Inc. raised its stake in shares of Tesla by 74.2% in the 2nd quarter. Meritage Mngmt owns 619 shares. Valley Natl Advisers reported 0.03% of its portfolio in Tesla Inc (NASDAQ:TSLA). Capital World Investors lifted its position in shares of Tesla by 0.6% in the 2nd quarter.

Whittier Trust Co. of Nevada Inc. lowered its position in Tesla Inc. Etrade Capital Management Lc has 699 shares. Jnba Financial Advisors owns 49 shares or 0% of their United States portfolio. Birinyi Associate Inc reported 2,000 shares. Regions Financial holds 0.01% or 2,080 shares. (TSLA) in trading session dated October 24, 2017. That puts total institutional holdings at 94,975,206 shares, according to SEC filings.

Cisco Systems, Inc. (CSCO) shares declined -1.18% and ended the day at $34.21.

Among 18 analysts covering The Blackstone Group L.P. The firm has "Sell" rating given on Wednesday, February 3 by Berenberg. Therefore 83% are positive. The stock of Blackstone Group LP (NYSE:BX) has "Buy" rating given on Thursday, July 20 by Oppenheimer. As per Wednesday, November 4, the company rating was maintained by Evercore. The rating was maintained by Standpoint Research on Sunday, August 9 with "Hold". Whereas 7 of them predict the stock is a hold. The company was maintained on Tuesday, September 5 by Deutsche Bank. On Friday, October 6 the stock rating was maintained by Jefferies with "Buy". Also, Director Kimbal Musk sold 2,190 shares of the company's stock in a transaction dated Friday, September 1st. Credit Suisse has "Outperform" rating and $240 target.

Investors sentiment increased to 1.18 in Q2 2017. The stock of HomeStreet Inc (NASDAQ:HMST) has "Outperform" rating given on Thursday, October 1 by Wood. It dived, as 35 investors sold BX shares while 129 reduced holdings. 13 funds opened positions while 58 raised stakes. Credit Agricole S A reported 0.06% stake. California Pub Employees Retirement Sys reported 1.07 million shares. The Pennsylvania-based Federated Invsts Pa has invested 0% in HomeStreet Inc (NASDAQ:HMST). Strs Ohio holds 165,100 shares. Ameritas Ptnrs holds 0% or 2,544 shares.



Like this

loading...
loading...

Latest


04 November 2017
Analyst Opinion Summary: Neurocrine Biosciences, Inc. (NBIX), LiLAC Group (LILA)
For the past 5 years, the company's revenue has grown 0%, while the company's earnings per share has grown 0%. The insider, OBRIEN CHRISTOPHER FLINT, now holds 48,973 shares of NBIX. (NASDAQ:NBIX) on Thursday, May 18.

04 November 2017
Hob and Torchlight developer Runic Games has been closed
We can not thank everyone enough for their contributions in making huge the outstanding experience it is today. Lefler concluded that there will be some news coming for those that love the Torchlight series.

04 November 2017
Lakers' Larry Nance Jr suffers broken bone in thumb
Nance left in the third quarter of a nationally-televised contest that his team would ultimately go on to lose 113-110. The 2015 first-round pick is averaging career highs in points (10.6), rebounds (7.5) and steals (1.5) per game.

04 November 2017
Texas NASCAR Track Names Chase Elliott, Not 'The Rock,' People's Champion
He essentially has to win one of the next two races - at Texas or Phoenix - to compete for the championship at Homestead. I pretty much laid it all out there. "I think my reputation on the racetrack and the way I drive speaks for itself".

04 November 2017
Trump nominee in danger of being pulled after Russian Federation revelations
Questions have been raised about Clovis' qualifications to serve as the Agriculture Department's chief scientist. Department of Agriculture (USDA).

04 November 2017
18-month-old girl raped by neighbour undergoes emergency surgery
The toddler had gone to the accused person's house to play with his children - a four-year-old son and a two-year-old daughter. Rakesh is a habitual drinker, said police, adding that they are verifying whether he was drunk at the time of the incident.

04 November 2017
China says CPEC won't be affected by change of govt in Pakistan
She said it is because of his ideology and stability of democratic process in the country that made the CPEC possible. She was addressing a ceremony of CPEC cultural Caravan at Pakistan National Council of Arts in Islamabad on Friday.

04 November 2017
Cubs send Astros pizza for winning the World Series
The Giants returned the favor in 2015, sending the Royals pizza and it continued when Kansas City sent Chicago pizza in 2016. The Cubs chose to use a place called Fuzzy's, and the pizza shop was extremely excited to receive the order.

04 November 2017
UK Police Investigates Sexual Assualt Claim Against Kevin Spacey
The actor allegedly groped a production assistant while he was driving a auto and later cornered him in his trailer. He said: "I called him on the phone the next day, and he told me how he was in love with me and wanted to see me".

04 November 2017
Trump reverses course, decides to attend the East Asia Summit
The exchange of goods and services between the countries also will be a priority for Trump. We have a big conference, the second conference, and I think we'll be talking about trade.