DHJJ Financial Advisors Ltd. Sells 1,423 Shares of Tesla, Inc. (NASDAQ:TSLA)

DHJJ Financial Advisors Ltd. lowered its position in Tesla, Inc. (NASDAQ:TSLA - Free Report) by 82.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 304 shares of the electric vehicle producer's stock after selling 1,423 shares during the period. DHJJ Financial Advisors Ltd.'s holdings in Tesla were worth $79,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of TSLA. True Wealth Design LLC grew its holdings in Tesla by 79.5% during the fourth quarter. True Wealth Design LLC now owns 70 shares of the electric vehicle producer's stock valued at $28,000 after purchasing an additional 31 shares during the period. Horrell Capital Management Inc. grew its holdings in Tesla by 75.6% during the fourth quarter. Horrell Capital Management Inc. now owns 79 shares of the electric vehicle producer's stock valued at $32,000 after purchasing an additional 34 shares during the period. Pflug Koory LLC grew its holdings in Tesla by 370.4% during the first quarter. Pflug Koory LLC now owns 127 shares of the electric vehicle producer's stock valued at $33,000 after purchasing an additional 100 shares during the period. GS Investments Inc. grew its holdings in Tesla by 193.3% during the fourth quarter. GS Investments Inc. now owns 88 shares of the electric vehicle producer's stock valued at $36,000 after purchasing an additional 58 shares during the period. Finally, Navigoe LLC bought a new stake in Tesla during the fourth quarter valued at about $37,000. Institutional investors own 66.20% of the company's stock.

Insider Activity

In other Tesla news, Director Kimbal Musk sold 91,588 shares of Tesla stock in a transaction on Tuesday, May 27th. The stock was sold at an average price of $357.39, for a total transaction of $32,732,635.32. Following the completion of the sale, the director now directly owns 1,463,220 shares of the company's stock, valued at $522,940,195.80. The trade was a 5.89% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Xiaotong Zhu sold 15,000 shares of the stock in a transaction on Thursday, June 12th. The stock was sold at an average price of $323.81, for a total value of $4,857,150.00. Following the transaction, the senior vice president now directly owns 67,600 shares in the company, valued at $21,889,556. The trade was a 18.16% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 833,509 shares of company stock valued at $278,648,925. 20.70% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts have issued reports on TSLA shares. Needham & Company LLC reissued a "hold" rating on shares of Tesla in a report on Wednesday, April 23rd. Morgan Stanley reissued an "overweight" rating and set a $410.00 price target on shares of Tesla in a report on Friday, June 6th. Wells Fargo & Company cut their price target on Tesla from $135.00 to $130.00 and set an "underweight" rating for the company in a report on Friday, March 14th. Oppenheimer restated a "mixed" rating on shares of Tesla in a research report on Tuesday, March 18th. Finally, BNP Paribas set a $137.00 price objective on Tesla and gave the company an "underperform" rating in a research report on Wednesday, April 16th. Ten investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $293.67.

Tesla Trading Up 1.8%

Shares of NASDAQ:TSLA traded up $5.70 during trading hours on Thursday, hitting $322.05. 94,677,402 shares of the company's stock traded hands, compared to its average volume of 100,787,054. The firm has a market capitalization of $1.04 trillion, a P/E ratio of 176.95, a price-to-earnings-growth ratio of 11.88 and a beta of 2.47. The business has a fifty day moving average price of $303.42 and a 200-day moving average price of $332.59. Tesla, Inc. has a 1 year low of $179.66 and a 1 year high of $488.54. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.00 and a quick ratio of 1.54.

Tesla (NASDAQ:TSLA - Get Free Report) last released its earnings results on Tuesday, April 22nd. The electric vehicle producer reported $0.27 EPS for the quarter, missing analysts' consensus estimates of $0.53 by ($0.26). The business had revenue of $19.34 billion for the quarter, compared to the consensus estimate of $22.93 billion. Tesla had a net margin of 6.66% and a return on equity of 9.02%. During the same period in the prior year, the company posted $0.45 EPS. Equities analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year.

About Tesla

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.