Representative Josh Gottheimer (D-New Jersey) recently bought shares of Tesla, Inc. NASDAQ: TSLA. In a filing disclosed on February 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Tesla stock on January 30th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.
Representative Josh Gottheimer also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 1/31/2025.
- Sold $1,001 - $15,000 in shares of Arista Networks NYSE: ANET on 1/31/2025.
- Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 1/31/2025.
- Purchased $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 1/31/2025.
- Purchased $1,001 - $15,000 in shares of Alibaba Group NYSE: BABA on 1/31/2025.
- Purchased $1,001 - $15,000 in shares of Twilio NYSE: TWLO on 1/31/2025.
- Sold $1,001 - $15,000 in shares of ICF International NASDAQ: ICFI on 1/31/2025.
- Purchased $1,001 - $15,000 in shares of Mastercard NYSE: MA on 1/31/2025.
- Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 1/30/2025.
- Purchased $1,001 - $15,000 in shares of 3M NYSE: MMM on 1/30/2025.
Tesla Stock Performance
TSLA stock traded down $0.10 during midday trading on Friday, reaching $355.84. 68,000,576 shares of the company's stock traded hands, compared to its average volume of 67,880,264. The company has a 50-day moving average price of $406.31 and a two-hundred day moving average price of $307.64. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.61 and a current ratio of 2.02. Tesla, Inc. has a 52 week low of $138.80 and a 52 week high of $488.54. The firm has a market capitalization of $1.14 trillion, a PE ratio of 174.43, a price-to-earnings-growth ratio of 6.22 and a beta of 2.34.
Tesla (NASDAQ:TSLA - Get Free Report) last issued its earnings results on Wednesday, January 29th. The electric vehicle producer reported $0.66 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.74 by ($0.08). Tesla had a net margin of 7.26% and a return on equity of 10.31%. As a group, equities analysts anticipate that Tesla, Inc. will post 2.54 EPS for the current year.
Wall Street Analysts Forecast Growth
TSLA has been the subject of several analyst reports. Royal Bank of Canada restated an "outperform" rating and set a $440.00 price target on shares of Tesla in a research report on Thursday, January 30th. Piper Sandler upped their price objective on shares of Tesla from $315.00 to $500.00 and gave the company an "overweight" rating in a research note on Tuesday, January 21st. Wells Fargo & Company upped their price objective on shares of Tesla from $125.00 to $135.00 and gave the company an "underweight" rating in a research note on Thursday, January 30th. Canaccord Genuity Group upped their price objective on shares of Tesla from $254.00 to $278.00 and gave the company a "buy" rating in a research note on Thursday, October 24th. Finally, Truist Financial upped their price objective on shares of Tesla from $351.00 to $373.00 and gave the company a "hold" rating in a research note on Thursday, January 30th. Nine equities research analysts have rated the stock with a sell rating, twelve have given a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Tesla has an average rating of "Hold" and a consensus price target of $326.50.
View Our Latest Report on Tesla
Institutional Investors Weigh In On Tesla
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Transcendent Capital Group LLC purchased a new stake in Tesla in the third quarter worth approximately $29,000. Horrell Capital Management Inc. raised its position in Tesla by 75.6% in the fourth quarter. Horrell Capital Management Inc. now owns 79 shares of the electric vehicle producer's stock worth $32,000 after acquiring an additional 34 shares during the period. Peterson Financial Group Inc. bought a new position in Tesla in the third quarter worth approximately $35,000. GS Investments Inc. raised its position in Tesla by 193.3% in the fourth quarter. GS Investments Inc. now owns 88 shares of the electric vehicle producer's stock worth $36,000 after acquiring an additional 58 shares during the period. Finally, Navigoe LLC bought a new position in Tesla in the fourth quarter worth approximately $37,000. Hedge funds and other institutional investors own 66.20% of the company's stock.
Insiders Place Their Bets
In other news, CFO Vaibhav Taneja sold 7,000 shares of the firm's stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $354.43, for a total transaction of $2,481,010.00. Following the sale, the chief financial officer now directly owns 105,032 shares in the company, valued at $37,226,491.76. This trade represents a 6.25 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kimbal Musk sold 75,000 shares of the firm's stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $367.87, for a total transaction of $27,590,250.00. Following the sale, the director now owns 1,463,220 shares in the company, valued at $538,274,741.40. The trade was a 4.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 523,386 shares of company stock worth $195,995,200. Company insiders own 20.70% of the company's stock.
About Representative Gottheimer
Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.
Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2026 election.
Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.
Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.
Tesla Company Profile
(
Get Free Report)
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.
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