Old West Investment Management LLC Position in Tesla Motors INC (Put) (TSLA) Trimmed by $68.16 Million as Market Value Declined

Tesla, Inc. (NASDAQ:TSLA) LogoInvestors sentiment decreased to 0.93 in 2019 Q1. Its down 0.53, from 1.46 in 2018Q4. It turned negative, as 96 investors sold TSLA shares while 158 reduced holdings. 57 funds opened positions while 179 raised stakes. 86.83 million shares or 10.41% less from 96.91 million shares in 2018Q4 were reported. First Hawaiian State Bank invested in 100 shares. Advisory reported 0.01% stake. Agf Investments holds 0.44% or 138,630 shares. Hanson And Doremus Inv Management reported 12 shares stake. Adirondack Co reported 194 shares. 2,311 were reported by Coldstream Capital Mngmt. Alliancebernstein LP has 82,042 shares. Moreover, Ashfield Cap Prtn Limited Liability has 0.05% invested in Tesla, Inc. (NASDAQ:TSLA) for 1,724 shares. Lincoln Natl holds 0.02% of its portfolio in Tesla, Inc. (NASDAQ:TSLA) for 1,636 shares. State Board Of Administration Of Florida Retirement Sys has 0.14% invested in Tesla, Inc. (NASDAQ:TSLA). Athena Cap Advsrs Lc holds 0.07% or 1,024 shares. Quantitative Management Ltd Liability owns 91,000 shares for 1.47% of their portfolio. Tiedemann Advsrs Limited Liability invested in 0.02% or 1,408 shares. Piedmont Investment holds 0.11% of its portfolio in Tesla, Inc. (NASDAQ:TSLA) for 10,060 shares. Oppenheimer And stated it has 7,047 shares.

Since January 16, 2019, it had 1 buy, and 4 sales for $13.90 million activity. $25.00 million worth of Tesla, Inc. (NASDAQ:TSLA) shares were bought by Musk Elon. 15,000 shares were sold by Straubel Jeffrey B, worth $4.40 million on Monday, January 28. On Wednesday, January 16 Gracias Antonio J. sold $5.84 million worth of Tesla, Inc. (NASDAQ:TSLA) or 16,780 shares. RICE LINDA JOHNSON had sold 1,700 shares worth $544,000 on Tuesday, February 5.

Old West Investment Management Llc decreased its stake in Tesla Motors Inc (Put) (TSLA) by 36.35% based on its latest 2019Q1 regulatory filing with the SEC. Old West Investment Management Llc sold 244,300 shares as the company’s stock declined 24.73% while stock markets rallied. The hedge fund held 427,700 shares of the capital goods company at the end of 2019Q1, valued at $119.69M, down from 672,000 at the end of the previous reported quarter. Old West Investment Management Llc who had been investing in Tesla Motors Inc (Put) for a number of months, seems to be less bullish one the $43.67B market cap company. The stock increased 2.72% or $6.48 during the last trading session, reaching $245.08. About 9.20M shares traded. Tesla, Inc. (NASDAQ:TSLA) has declined 20.56% since July 14, 2018 and is downtrending. It has underperformed by 24.99% the S&P500.

Analysts await Tesla, Inc. (NASDAQ:TSLA) to report earnings on August, 7. They expect $-1.63 earnings per share, up 61.37 % or $2.59 from last year’s $-4.22 per share. After $-4.10 actual earnings per share reported by Tesla, Inc. for the previous quarter, Wall Street now forecasts -60.24 % EPS growth.

More notable recent Tesla, Inc. (NASDAQ:TSLA) news were published by: Nasdaq.com which released: “3 Big Stock Charts for Thursday: Davita, Honeywell and Advanced Micro Devices – Nasdaq” on July 11, 2019, also Seekingalpha.com with their article: “Tesla close to all-time delivery record – Musk – Seeking Alpha” published on June 26, 2019, Nasdaq.com published: “Nio Stock Is Still Too Speculative for Most Investors – Nasdaq” on July 12, 2019. More interesting news about Tesla, Inc. (NASDAQ:TSLA) were released by: Fool.com and their article: “Where Will Tesla Be in 1 Year? – Motley Fool” published on June 16, 2019 as well as Nasdaq.com‘s news article titled: “Notable ETF Inflow Detected – VXF, WP, TSLA, TMUS – Nasdaq” with publication date: July 05, 2019.

Tesla, Inc. (NASDAQ:TSLA) Ratings Coverage

Among 20 analysts covering Tesla (NASDAQ:TSLA), 9 have Buy rating, 7 Sell and 4 Hold. Therefore 45% are positive. Tesla has $500 highest and $158 lowest target. $300.23’s average target is 22.50% above currents $245.08 stock price. Tesla had 68 analyst reports since January 22, 2019 according to SRatingsIntel. The rating was maintained by Wedbush on Thursday, March 21 with “Buy”. The firm has “Buy” rating by Robert W. Baird given on Friday, June 21. The rating was maintained by Jefferies on Friday, June 21 with “Buy”. As per Monday, March 25, the company rating was maintained by Barclays Capital. The stock of Tesla, Inc. (NASDAQ:TSLA) earned “Market Outperform” rating by JMP Securities on Thursday, April 4. The stock of Tesla, Inc. (NASDAQ:TSLA) has “Buy” rating given on Monday, March 25 by JMP Securities. The stock of Tesla, Inc. (NASDAQ:TSLA) earned “Buy” rating by Jefferies on Thursday, February 21. Roth Capital maintained Tesla, Inc. (NASDAQ:TSLA) on Tuesday, March 19 with “Hold” rating. Berenberg maintained Tesla, Inc. (NASDAQ:TSLA) on Friday, March 1 with “Buy” rating. As per Tuesday, February 26, the company rating was maintained by Wedbush.

Tesla, Inc. (NASDAQ:TSLA) Institutional Positions Chart

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