Trilogy Capital Inc. Has $755,000 Stock Holdings in Tesla, Inc. (NASDAQ:TSLA)

Trilogy Capital Inc. boosted its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 133.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,294 shares of the electric vehicle producer’s stock after buying an additional 2,451 shares during the period. Trilogy Capital Inc.’s holdings in Tesla were worth $755,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in shares of Tesla by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 229,806,372 shares of the electric vehicle producer’s stock worth $57,102,287,000 after purchasing an additional 3,866,361 shares in the last quarter. Norges Bank purchased a new stake in Tesla in the 4th quarter worth approximately $7,844,757,000. Morgan Stanley boosted its stake in shares of Tesla by 7.8% during the 3rd quarter. Morgan Stanley now owns 30,160,747 shares of the electric vehicle producer’s stock valued at $7,546,823,000 after buying an additional 2,177,397 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of Tesla by 3.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 15,155,878 shares of the electric vehicle producer’s stock valued at $3,765,933,000 after acquiring an additional 458,804 shares in the last quarter. Finally, American Century Companies Inc. increased its stake in shares of Tesla by 0.3% in the third quarter. American Century Companies Inc. now owns 6,702,634 shares of the electric vehicle producer’s stock worth $1,677,133,000 after acquiring an additional 19,887 shares during the last quarter. 66.20% of the stock is owned by hedge funds and other institutional investors.

Tesla Trading Up 0.2 %

Tesla stock opened at $197.88 on Monday. The business has a 50 day moving average price of $177.80 and a two-hundred day moving average price of $191.38. The company has a quick ratio of 1.17, a current ratio of 1.72 and a debt-to-equity ratio of 0.04. Tesla, Inc. has a 12 month low of $138.80 and a 12 month high of $299.29. The stock has a market cap of $631.08 billion, a price-to-earnings ratio of 50.48, a price-to-earnings-growth ratio of 4.91 and a beta of 2.31.

Tesla (NASDAQ:TSLA) last issued its earnings results on Tuesday, April 23rd. The electric vehicle producer reported $0.35 EPS for the quarter, meeting analysts’ consensus estimates of $0.35. Tesla had a return on equity of 13.18% and a net margin of 14.37%. The business had revenue of $21.30 billion during the quarter, compared to analyst estimates of $22.15 billion. As a group, equities analysts forecast that Tesla, Inc. will post 1.86 EPS for the current year.

Insider Transactions at Tesla

In related news, SVP Xiaotong Zhu sold 650 shares of the company’s stock in a transaction dated Thursday, June 6th. The shares were sold at an average price of $174.21, for a total value of $113,236.50. Following the sale, the senior vice president now owns 65,155 shares of the company’s stock, valued at $11,350,652.55. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, Director Robyn M. Denholm sold 93,705 shares of the business’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $184.86, for a total value of $17,322,306.30. Following the sale, the director now owns 15,000 shares of the company’s stock, valued at approximately $2,772,900. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Xiaotong Zhu sold 650 shares of the stock in a transaction on Thursday, June 6th. The stock was sold at an average price of $174.21, for a total value of $113,236.50. Following the transaction, the senior vice president now owns 65,155 shares of the company’s stock, valued at $11,350,652.55. The disclosure for this sale can be found here. 20.90% of the stock is owned by insiders.

Analysts Set New Price Targets

TSLA has been the subject of a number of research reports. Wedbush reissued an “outperform” rating and set a $275.00 price objective on shares of Tesla in a research report on Friday, June 14th. Needham & Company LLC restated a “hold” rating on shares of Tesla in a report on Wednesday, April 24th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Tesla from $123.00 to $136.00 and gave the company a “hold” rating in a research note on Thursday, April 25th. Robert W. Baird restated an “outperform” rating and set a $280.00 price target on shares of Tesla in a research note on Wednesday, April 17th. Finally, Piper Sandler reaffirmed an “overweight” rating and issued a $205.00 price objective on shares of Tesla in a research note on Monday, April 22nd. Seven equities research analysts have rated the stock with a sell rating, seventeen have given a hold rating and eleven have assigned a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $187.30.

Tesla 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.