Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Tesla, Inc. (NASDAQ:TSLA). In a filing disclosed on April 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Tesla stock on March 31st. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $15,001 - $50,000 in shares of PTC NASDAQ: PTC on 4/1/2025.
- Sold $1,001 - $15,000 in shares of W. R. Berkley NYSE: WRB on 4/1/2025.
- Sold $15,001 - $50,000 in shares of GoDaddy NYSE: GDDY on 4/1/2025.
- Purchased $1,001 - $15,000 in shares of Ford Motor NYSE: F on 3/31/2025.
- Sold $15,001 - $50,000 in shares of Microsoft NASDAQ: MSFT on 3/31/2025.
- Sold $15,001 - $50,000 in shares of Pfizer NYSE: PFE on 3/31/2025.
- Purchased $1,001 - $15,000 in shares of Boeing NYSE: BA on 3/31/2025.
- Sold $1,001 - $15,000 in shares of Hologic NASDAQ: HOLX on 3/31/2025.
- Sold $15,001 - $50,000 in shares of Merck & Co., Inc. NYSE: MRK on 3/31/2025.
- Sold $1,001 - $15,000 in shares of Viatris NASDAQ: VTRS on 3/31/2025.
Tesla Stock Down 0.2 %
Shares of NASDAQ:TSLA traded down $0.44 during mid-day trading on Friday, reaching $251.96. 128,603,814 shares of the stock were exchanged, compared to its average volume of 95,877,966. The company has a market cap of $810.42 billion, a P/E ratio of 123.51, a P/E/G ratio of 5.86 and a beta of 2.58. The stock's 50 day simple moving average is $285.19 and its 200-day simple moving average is $323.09. The company has a quick ratio of 1.61, a current ratio of 2.02 and a debt-to-equity ratio of 0.08. Tesla, Inc. has a one year low of $138.80 and a one year high of $488.54.
Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The electric vehicle producer reported $0.66 EPS for the quarter, missing analysts' consensus estimates of $0.74 by ($0.08). Tesla had a return on equity of 10.31% and a net margin of 7.26%. As a group, equities research analysts predict that Tesla, Inc. will post 2.56 EPS for the current year.
Institutional Trading of Tesla
A number of institutional investors have recently modified their holdings of the stock. True Wealth Design LLC increased its stake in Tesla by 79.5% in the fourth quarter. True Wealth Design LLC now owns 70 shares of the electric vehicle producer's stock valued at $28,000 after acquiring an additional 31 shares during the last quarter. Horrell Capital Management Inc. increased its stake in shares of Tesla by 75.6% in the 4th 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 last quarter. GS Investments Inc. lifted its position in shares of Tesla by 193.3% during the 4th quarter. GS Investments Inc. now owns 88 shares of the electric vehicle producer's stock worth $36,000 after buying an additional 58 shares during the last quarter. Navigoe LLC acquired a new stake in Tesla in the fourth quarter valued at about $37,000. Finally, CoreFirst Bank & Trust bought a new position in Tesla in the fourth quarter valued at about $38,000. 66.20% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In related news, CFO Vaibhav Taneja sold 4,000 shares of the business's stock in a transaction on Monday, April 7th. The stock was sold at an average price of $250.00, for a total transaction of $1,000,000.00. Following the sale, the chief financial officer now owns 26,950 shares in the company, valued at $6,737,500. The trade was a 12.92 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director James R. Murdoch sold 54,776 shares of the stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $240.79, for a total value of $13,189,513.04. Following the completion of the transaction, the director now owns 477,011 shares of the company's stock, valued at $114,859,478.69. This represents a 10.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 374,228 shares of company stock valued at $123,791,123. 20.70% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
TSLA has been the topic of a number of recent research reports. Truist Financial lowered their target price on Tesla from $373.00 to $280.00 and set a "hold" rating on the stock in a research report on Thursday, April 3rd. JPMorgan Chase & Co. dropped their price objective on Tesla from $135.00 to $120.00 and set an "underweight" rating on the stock in a research note on Wednesday, March 12th. Robert W. Baird cut their price objective on Tesla from $440.00 to $370.00 and set an "outperform" rating for the company in a report on Thursday, March 6th. Cowen upgraded shares of Tesla from a "hold" rating to a "buy" rating in a report on Thursday, March 6th. Finally, Wedbush decreased their price objective on shares of Tesla from $550.00 to $315.00 and set an "outperform" rating for the company in a research report on Monday, April 7th. Eight investment analysts have rated the stock with a sell rating, nine have issued a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $298.59.
Read Our Latest Stock Report on TSLA
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
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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