American Trust Investment Advisors LLC's holdings in Tesla were worth $333,000 as of its most recent SEC filing. Kessler Investment Group LLC acquired a new position in shares of Tesla during the second quarter worth $181,000. Renaissance Technologies LLC raised its position in shares of Tesla by 117.7% in the first quarter. Whitnell & Co sold 5,257 shares as Tesla Mtrs Inc (TSLA)'s stock rose 14.18%. Schwab Charles Investment Management Inc. now owns 216,190 shares of the electric vehicle producer's stock valued at $78,177,000 after buying an additional 18,848 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Tesla by 5.0% in the first quarter. Mn Services Vermogensbeheer B.V. now owns 3,456 shares of the electric vehicle producer's stock worth $899,000 after buying an additional 125 shares during the period. Gemmer Asset Management LLC boosted its position in Tesla by 2.6% in the second quarter.
A number of hedge funds have recently bought and sold shares of the stock.
This is an example of how Tesla is disrupting the automotive industry whose youngest established brands are more than 50 years old. 7,092,858 shares of the company's stock were exchanged. The company has market cap of $83.70 million.
Among 30 analysts covering Tesla Motors Inc (NASDAQ:TSLA), 12 have Buy rating, 6 Sell and 12 Hold.
Tesla (NASDAQ:TSLA) last posted its quarterly earnings data on Wednesday, August 2nd. The firm had revenue of $2.79 billion during the quarter, compared to analysts' expectations of $2.50 billion. During the same quarter in the prior year, the business earned ($1.06) earnings per share. The business's revenue was up 119.6% compared to the same quarter previous year. Equities research analysts forecast that Tesla Inc. will post ($6.23) EPS for the current year. The stock of Tesla Inc (NASDAQ:TSLA) has "Buy" rating given on Thursday, August 3 by Piper Jaffray.More news: FY2020 EPS Estimates for Endo International PLC (ENDP) Lifted by Analyst
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TRADEMARK VIOLATION WARNING: This piece of content was reported by Week Herald and is the property of of Week Herald. The correct version of this article can be accessed at https://stocknewstimes.com/2017/08/11/keywise-capital-management-ltd-has-40-98-million-position-in-tesla-inc-tsla-updated.html. Global Equities Research maintained the stock with "Overweight" rating in Tuesday, September 22 report. Guggenheim upped their price objective on Tesla from $320.00 to $380.00 and gave the stock a "buy" rating in a research note on Monday, May 15th.
Goldman Sachs, Morgan Stanley, Barclays, Bank of America Merrill Lynch, Citigroup, Deutsche Bank and RBC are the book-runners on the bond offering, IFR reported. (The) reissued a "sell" rating and set a $200.00 price objective (up previously from $180.00) on shares of Tesla in a report on Wednesday. First Manhattan has invested 0% in Tesla Inc (NASDAQ:TSLA).
Moody's assigned a B2 rating with a stable outlook. The company now has an average rating of "Hold" and a consensus target price of $309.65.
In related news, Director Kimbal Musk sold 4,690 shares of the company's stock in a transaction that occurred on Monday, July 3rd. Following the completion of the transaction, the director now directly owns 160,274 shares in the company, valued at approximately $51,505,652.64. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.