Tesla, Inc. (NASDAQ:TSLA) Shares Purchased by Jackson Creek Investment Advisors LLC

Jackson Creek Investment Advisors LLC grew its holdings in shares of Tesla, Inc. (NASDAQ:TSLA) by 3.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 6,010 shares of the electric vehicle producer’s stock after acquiring an additional 193 shares during the quarter. Tesla comprises approximately 0.6% of Jackson Creek Investment Advisors LLC’s holdings, making the stock its 12th largest position. Jackson Creek Investment Advisors LLC’s holdings in Tesla were worth $1,493,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Wyrmwood Management LLC bought a new position in Tesla during the 4th quarter valued at $25,000. Lam Group Inc. bought a new position in Tesla during the fourth quarter valued at about $25,000. Mendota Financial Group LLC grew its holdings in Tesla by 202.2% during the fourth quarter. Mendota Financial Group LLC now owns 136 shares of the electric vehicle producer’s stock worth $34,000 after acquiring an additional 91 shares during the period. Kathleen S. Wright Associates Inc. raised its position in Tesla by 111.1% in the fourth quarter. Kathleen S. Wright Associates Inc. now owns 190 shares of the electric vehicle producer’s stock worth $47,000 after acquiring an additional 100 shares in the last quarter. Finally, Cordant Inc. acquired a new stake in Tesla in the 3rd quarter valued at about $53,000. Institutional investors own 66.20% of the company’s stock.

Insider Buying and Selling

In related news, SVP Andrew D. Baglino sold 10,500 shares of the stock in a transaction dated Thursday, February 29th. The shares were sold at an average price of $204.17, for a total transaction of $2,143,785.00. Following the completion of the sale, the senior vice president now owns 31,230 shares in the company, valued at approximately $6,376,229.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other Tesla news, SVP Andrew D. Baglino sold 10,500 shares of the business’s stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $204.17, for a total value of $2,143,785.00. Following the transaction, the senior vice president now owns 31,230 shares of the company’s stock, valued at $6,376,229.10. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Robyn M. Denholm sold 93,706 shares of the firm’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $194.73, for a total value of $18,247,369.38. Following the completion of the sale, the director now owns 15,000 shares of the company’s stock, valued at $2,920,950. The disclosure for this sale can be found here. Insiders sold 209,098 shares of company stock worth $38,802,534 in the last 90 days. 20.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on TSLA. Deutsche Bank Aktiengesellschaft lifted their target price on Tesla from $123.00 to $136.00 and gave the stock a “hold” rating in a report on Thursday, April 25th. JPMorgan Chase & Co. dropped their price target on Tesla from $130.00 to $115.00 and set an “underweight” rating on the stock in a research note on Wednesday, April 3rd. Oppenheimer reaffirmed a “market perform” rating on shares of Tesla in a research note on Wednesday, April 24th. Wells Fargo & Company dropped their target price on shares of Tesla from $125.00 to $120.00 and set an “underweight” rating on the stock in a research report on Friday, April 12th. Finally, The Goldman Sachs Group reduced their price target on shares of Tesla from $190.00 to $175.00 and set a “neutral” rating for the company in a research report on Tuesday, April 9th. Eight equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $184.32.

Tesla Price Performance

Shares of TSLA stock traded down $10.77 during mid-day trading on Tuesday, reaching $183.28. The company’s stock had a trading volume of 126,066,617 shares, compared to its average volume of 105,358,375. The firm’s 50-day moving average is $174.92 and its two-hundred day moving average is $206.77. The company has a market cap of $584.52 billion, a P/E ratio of 47.34, a PEG ratio of 4.45 and a beta of 2.40. Tesla, Inc. has a 1-year low of $138.80 and a 1-year high of $299.29. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.17 and a current ratio of 1.72.

Tesla Company 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.