Tesla Inc. (NASDAQ:TSLA)‘s stock had its “hold” rating restated by Oppenheimer Holdings, Inc. in a report issued on Thursday.

Several other analysts also recently weighed in on the stock. Citigroup Inc. reaffirmed a “hold” rating and issued a $367.00 target price on shares of Tesla in a report on Wednesday. Sanford C. Bernstein set a $265.00 target price on shares of Tesla and gave the company a “hold” rating in a report on Monday. KeyCorp reaffirmed a “hold” rating on shares of Tesla in a report on Friday, November 10th. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $362.00 target price on shares of Tesla in a report on Friday, November 3rd. Finally, Vetr raised shares of Tesla from a “strong sell” rating to a “sell” rating and set a $282.88 target price on the stock in a report on Thursday, November 2nd. Ten analysts have rated the stock with a sell rating, eleven have issued a hold rating and eleven have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $330.28.

Shares of Tesla (NASDAQ TSLA) traded up $1.20 during trading hours on Thursday, hitting $312.50. 5,780,000 shares of the stock traded hands, compared to its average volume of 6,080,000. The company has a current ratio of 1.09, a quick ratio of 0.71 and a debt-to-equity ratio of 1.66. Tesla has a 1-year low of $180.00 and a 1-year high of $389.61.

Tesla (NASDAQ:TSLA) last issued its earnings results on Wednesday, November 1st. The electric vehicle producer reported ($2.92) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($3.09) by $0.17. The business had revenue of $2.99 billion for the quarter, compared to the consensus estimate of $2.94 billion. Tesla had a negative net margin of 13.09% and a negative return on equity of 24.88%. The business’s quarterly revenue was up 29.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.71 earnings per share. equities analysts predict that Tesla will post -11.38 earnings per share for the current fiscal year.

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In other news, Director Stephen T. Jurvetson sold 44,777 shares of the company’s stock in a transaction on Tuesday, August 22nd. The shares were sold at an average price of $340.36, for a total value of $15,240,299.72. Following the completion of the transaction, the director now directly owns 36,111 shares in the company, valued at $12,290,739.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Kimbal Musk sold 2,190 shares of the company’s stock in a transaction on Friday, September 1st. The shares were sold at an average price of $355.20, for a total transaction of $777,888.00. Following the completion of the transaction, the director now owns 158,584 shares of the company’s stock, valued at $56,329,036.80. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 55,518 shares of company stock valued at $18,819,611. 23.10% of the stock is owned by insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Flagship Harbor Advisors LLC raised its holdings in Tesla by 0.4% in the second quarter. Flagship Harbor Advisors LLC now owns 987 shares of the electric vehicle producer’s stock valued at $309,000 after acquiring an additional 4 shares in the last quarter. North Star Investment Management Corp. raised its holdings in Tesla by 2.8% in the second quarter. North Star Investment Management Corp. now owns 336 shares of the electric vehicle producer’s stock valued at $122,000 after acquiring an additional 9 shares in the last quarter. Cornerstone Advisors Inc. raised its holdings in Tesla by 2.3% in the second quarter. Cornerstone Advisors Inc. now owns 402 shares of the electric vehicle producer’s stock valued at $145,000 after acquiring an additional 9 shares in the last quarter. Sterling Investment Advisors Ltd. raised its holdings in Tesla by 2.2% in the second quarter. Sterling Investment Advisors Ltd. now owns 853 shares of the electric vehicle producer’s stock valued at $308,000 after acquiring an additional 18 shares in the last quarter. Finally, WASHINGTON TRUST Co raised its holdings in Tesla by 1.7% in the second quarter. WASHINGTON TRUST Co now owns 1,178 shares of the electric vehicle producer’s stock valued at $426,000 after acquiring an additional 20 shares in the last quarter. 56.36% of the stock is currently owned by hedge funds and other institutional investors.

About Tesla

Tesla, Inc, formerly Tesla Motors, Inc, designs, develops, manufactures and sells fully electric vehicles, and energy storage systems, as well as installs, operates and maintains solar and energy storage products. The Company operates through two segments: Automotive, and Energy generation and storage.

Analyst Recommendations for Tesla (NASDAQ:TSLA)

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