HPM Partners LLC takes position in Tesla Inc (TSLA) – tech2.org

HPM Partners LLC takes position in Tesla Inc (TSLA)



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Several other large investors have also recently modified their share holdings. NEXT Financial Group Inc increased its position in Tesla by 293.1% in the third quarter. NEXT Financial Group Inc now owns 4,139 shares of electric vehicle producer shares valued at $ 844,000 after buying 3,086 additional shares during the last quarter. Wade G W & Inc. increased its stake in Tesla shares by 5.2% in the third quarter. Wade G W & Inc. now owns 2,025 shares of electric vehicle producer shares valued at $ 413,000 after buying an additional 100 shares during the period. Mizuho Trust & Banking Co. Ltd. increased its stake in Tesla shares by 19.3% in the third quarter. Mizuho Trust & Banking Co. Ltd. now owns 185,284 shares of electric vehicle producer shares valued at $ 37,803,000 after buying 30,009 additional shares during the period. Quantbot Technologies LP purchased a new stake in Tesla shares during the third quarter with a value of $ 1,618,000. Finally, the Board of Investment of the State of Wisconsin raised its stake in Tesla shares by 2.7% in the third quarter. The Wisconsin State Board of Investment now owns 75,424 shares of electric vehicle producer shares valued at $ 15,389,000 after buying an additional 2,010 shares during the period. Institutional investors and hedge funds hold 57.29% of the company's shares.

HPM Partners LLC acquired a new position in shares of Tesla Inc (NASDAQ: TSLA) during the first quarter, according to its most recent filing of Form 13F with the Securities and Exchange Commission (SEC). The institutional investor bought 6,552 shares of the shares of the electric vehicle producer, valued at approximately $ 1,823,000.

Shares of Tesla Inc (NASDAQ: TSLA) opened at 325.14 on Monday. The company's market capitalization is $ 53.41 billion. The 50-day moving average of the stock is $ 310.91 and its 200-day moving average is $ 253.96. Tesla Inc has a minimum of 12 months of $ 178.19 and a maximum of 12 months of $ 327.66. Tesla was also the target of some unusual options trading activities on Friday. Stock traders bought 104,590 put options in the stock. This represents an increase of approximately 127% compared to the typical volume of 46,176 put options.

Recently, several badysts have influenced the actions of TSLA. Zacks Investment Research upgraded Tesla from a "hold" rating to a "buy" rating and set a target price of $ 345.00 for the company in a report on Tuesday, April 25. Vetr downgraded Tesla from a "sale" rating to a "strong sale" rating and set a target price of $ 277.96 for the company. in a report on Tuesday, May 9. Deutsche Bank AG reaffirmed a "suspension" rating and set a target price of $ 240.00 on Tesla shares in a report on Thursday, May 4. Robert W. Baird set a price target of $ 368.00 at Tesla and gave the stock a "buy" rating on a research note on Thursday, March 2. Finally, FBN Securities increased its Tesla price target from $ 275.00 to $ 425.00 and gave the company a "best performance" rating on a report on Monday, April 3. Eight research badysts have rated the stock with a sale rating, eleven have issued a waiting rating and twelve have issued a buy-to-stock rating. Currently, Tesla has an average "Hold" rating and a consensus price target of $ 274.06. In other Tesla news, insider Jeffrey B. Straubel sold 109,100 shares of the company in a transaction that took place on Tuesday, May 9. The shares were sold at an average price of $ 307.81, for a total transaction of $ 33,582,071.00. The transaction was disclosed in a filing with the SEC, which is available at this link. In addition, Vice President John Douglas Field sold 500 shares of the company in a transaction that took place on Friday, April 7. The stock was sold at an average price of $ 301.45, for a total transaction of $ 150,725.00. The disclosure of this sale can be found here. Insiders have sold a total of 242,791 shares of the company valued at $ 74,745,344 in the last quarter. 27.70% of the stock is currently owned by company experts.

Tesla Company profile Tesla, Inc, formerly Tesla Motors, Inc., designs, develops, manufactures and sells all-electric vehicles and energy storage systems, as well as installing, operating and maintaining solar and energy storage products . The company operates through two segments: automotive and energy generation and storage. New TradingView.widget ({"height": 400, "width": 625, "symbol": "NASDAQ: TSLA", "interval": "D", "Time zone": "Etc / UTC", "theme" : "White", "style": "1", "locale": "en", "barra_herramienta_bg": "# f1f3f6", "enable_publicate": false, "Hideideas": true, "referral_id": "2588" });

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