Tesla Motors' (TSLA) Rating Reaffirmed at Oppenheimer Holdings Inc

The shares were sold at an average price of $253.13, for a total value of $253,130.00. The disclosure for this sale can be found here. The Hedge Fund company now holds 26,718 shares of TSLA which is valued at $5,945,557. He has forecasted loss per share of $0.78. Atlanta Capital Group now owns 11,121 shares of the electric vehicle producer's stock valued at $2,669,000 after buying an additional 1,001 shares during the period. In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Tesla Motors Inc, Musk Kimbal had sold 460 shares worth of $103,210 in a transaction dated June 13, 2016. Current order rate trends and backlog support production at those levels. First Manhattan Co. boosted its stake in Tesla Motors by 9.3% in the second quarter. Gulf International Bank UK Ltd now owns 28,861 shares of the electric vehicle producer's stock valued at $6,927,000 after buying an additional 1,870 shares during the period. Finally, Moore Capital Management LP boosted its stake in Tesla Motors by 4,009.1% in the first quarter. US Bancorp DE now owns 12,189 shares of the electric vehicle producer's stock valued at $2,925,000 after buying an additional 279 shares during the period. A research note issued on 6/23/2016 the stock was downgraded by Morgan Stanley from Overweight to Equal-Weight. Tesla Motors Inc makes up approx 0.50% of Beech Hill Advisors's portfolio.Cutler Group Lp reduced its stake in TSLA by selling 15,582 shares or 36.84% in the most recent quarter.

Tesla Motors Inc (NASDAQ:TSLA) CEO Elon Musk has unveiled the new and updated version of the Secret Tesla Motors Master Plan in a post on the company's website. Finally, Evercore ISI reiterated a "buy" rating and set a $310.00 price objective on shares of Tesla Motors in a report on Saturday, April 2nd. And roundups of analyst notes show that 3 are rating the stock a buy while 2 rate TSLA a strong buy.

Historically, if we look at price target revisions during last one month, three weeks ago stock's price target was revised on 06/23/16 by the analysts.

Tesla Motors Inc (NASDAQ:TSLA) stock gained 0.21% in today's pre market session with the price of $222.74.

Tesla Model S Deliveries Q
Tesla Motors' (TSLA) Rating Reaffirmed at Oppenheimer Holdings Inc

Shares of Perrigo Company (NYSE:PRGO)inclined0.35% to $95.18.Perrigo Company, a leading global provider of Quality Affordable Healthcare Products®, recently declared the departure of Douglas Boothe, Executive Vice President and General Manager, Rx Pharmaceuticals. The company's shares are trading 2.65% above their 50-day moving average.

The Tesla stock price 52-week high is $271.57. The stock's market cap is $29.77 billion. Additionally, Tesla Motors Inc (NASDAQ:TSLA), Inc has an RSI of 54.35 and beta of 1.30. That is compared with the $-0.48 in earnings per share it reported during the same period past year. The business had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.61 billion. The firm's revenue was up 45.1% on a year-over-year basis. But the mean LTG estimate for earnings and sales for 3 to 5 year period is quoted as $30.

Tesla Motors, Inc designs, develops, manufactures and sells electric vehicles and energy storage products. The Company sells and produces a vehicle under the name Model S, which is a fully electric, four-door, five-adult passenger sedan. The company also missed its quarterly deliveries guidance when it reported delivery count for the current quarter, marking the second quarterly miss in a row. In addition to developing its own vehicles, it sells energy storage products.

  • Fernando Stephens