The company had revenue of $2.99 billion for the quarter, compared to analyst estimates of $2.94 billion. Jennison Associates LLC now owns 3,002,685 shares of the electric vehicle producer's stock worth $1,085,801,000 after purchasing an additional 124,511 shares in the last quarter. About 4.65 million shares traded. It has outperformed by 27.73% the S&P500.The move comes after 9 months positive chart setup for the $52.25B company. The Firefly Value Partners Lp holds 8.34 million shares with $50.09 million value, up from 7.69M last quarter. The stock decreased 1.35% or $0.2 during the last trading session, reaching $14.59. About 369,854 shares traded. (NASDAQ:TSLA) were released by: Usnews.com and their article: "Now Elon Musk Is Going to Blow Your Mind" published on November 16, 2017 as well as Usnews.com's news article titled: "Tesla Beats Big Battery Deadline" with publication date: December 01, 2017. It has outperformed by 2.05% the S&P500. Wellington Shields Mgmt Limited Liability Corp has 0.1% invested in JetBlue Airways Corporation (NASDAQ:JBLU). Therefore 56% are positive. Tesla Motors Inc had 113 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Monday, October 16 by Piper Jaffray. Morgan Stanley downgraded Tesla, Inc. (NASDAQ:TSLA) for 619 shares. KeyCorp reissued a "hold" rating on shares of Tesla in a research report on Friday, November 10th. Standpoint Research downgraded Tesla, Inc.
Standpoint Research has made a decision to issue a report indicating that Tesla Motors (NASDAQ:TSLA) shares are now a '"Sell"' in analysts report issued to clients on Wednesday, 4 October. RBC Capital Markets has "Hold" rating and $31400 target. RBC Capital Markets maintained Tesla, Inc. (NASDAQ:TSLA) earned "Buy" rating by Global Equities Research on Thursday, September 3. Sanford C. Bernstein reaffirmed a market perform rating and issued a $265.00 price objective on shares of Tesla in a research note on Tuesday, October 3rd. The firm has "Buy" rating given on Monday, May 9 by Dougherty & Company.
Tesla, Inc. designs, develops, manufactures, and sells electric vehicles and energy storage products in the United States, China, Norway, and internationally. (NASDAQ:TSLA) is a huge mover today! CIBC World Markets Inc. now owns 10,575 shares of the electric vehicle producer's stock worth $3,824,000 after purchasing an additional 4,504 shares in the last quarter. After $-3.59 actual EPS reported by Tesla, Inc. for the previous quarter, Wall Street now forecasts 4.46 % negative EPS growth. The company has a quick ratio of 0.71, a current ratio of 1.09 and a debt-to-equity ratio of 1.66.
Tesla (NASDAQ:TSLA) was upgraded by ValuEngine from a "sell" rating to a "hold" rating in a research note issued to investors on Wednesday.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. (NASDAQ:TSLA). Strs Ohio stated it has 72,728 shares or 0.12% of all its holdings. 4,025 were accumulated by Bnp Paribas Asset Management Holdings Sa. Amp Capital stated it has 35,968 shares. It was reported on Dec, 6 by Barchart.com. 2,080 were reported by Regions Corporation. (NASDAQ:TSLA). Moreover, Commonwealth National Bank Of has 0.01% invested in Tesla, Inc. Invesco Limited accumulated 0.01% or 2.21 million shares. Hbk Sorce Advisory Limited Company has invested 0.12% in Tesla, Inc. (NASDAQ:TSLA). Destination Wealth Mngmt has 804 shares for 0.02% of their portfolio. Energy Opportunities Capital Management LLC acquired a new stake in Tesla during the third quarter worth approximately $1,302,000. Hightower Ltd Liability Corp owns 37,910 shares.
Since June 8, 2017, it had 0 insider purchases, and 1 sale for $113,860 activity. With 5.36 million avg volume, 5 days are for Tesla Incorporated (NASDAQ:TSLA)'s short sellers to cover TSLA's short positions. Therefore 33% are positive. Natl Pension Serv reported 0.24% in Tesla, Inc. The firm has "Buy" rating by Robert W. Baird given on Wednesday, October 25. Vetr lowered Tesla from a "buy" rating to a "hold" rating and set a $371.10 price objective on the stock.in a research note on Wednesday, August 9th. Goldman Sachs Group boosted their price objective on Tesla from $180.00 to $190.00 in a research report on Friday, August 4th. The firm has "Buy" rating given on Monday, November 2 by Stifel Nicolaus. Cowen & Co maintained it with "Buy" rating and $19.0 target in Wednesday, September 27 report. It also upped Teladoc Inc. stake by 327,565 shares and now owns 816,940 shares. Alimera Sciences Inc (NASDAQ:ALIM) was reduced too.
Investors sentiment increased to 1.01 in 2017 Q2. Its down 0.56, from 1.83 in 2017Q1. The stock was sold at an average price of $341.69, for a total transaction of $748,301.10. 57 funds opened positions while 108 raised stakes. Asset owns 7,399 shares. Blume Capital Mgmt Inc, a California-based fund reported 51 shares. The company's quarterly revenue was up 29.9% on a year-over-year basis. research analysts expect that Tesla will post -11.38 earnings per share for the current year. The electric vehicle producer reported ($2.92) earnings per share for the quarter, topping the consensus estimate of ($3.09) by $0.17. New York-based Paradigm Capital Management Inc New York has invested 0.25% in Kforce Inc. Susquehanna International Grp Inc Limited Liability Partnership reported 173,402 shares. 107.07 million shares or 0.88% more from 106.14 million shares in 2017Q1 were reported.