Today, a Director at Tesla Motors (NASDAQ: TSLA), Brad Buss, bought shares of TSLA for $132.7K.
Following Brad Buss’ last TSLA Buy transaction on May 16, 2016, the stock climbed by 85.8%. Following this transaction Brad Buss’ holding in the company was increased by 53.74% to a total of $3.93 million.
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Based on Tesla Motors’ latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $3.41 billion and GAAP net loss of $710 million. In comparison, last year the company earned revenue of $2.7 billion and had a GAAP net loss of $330 million. Currently, Tesla Motors has an average volume of 7.26M. The Company has a book value per share of 11.7155.
28 different firms, including Argus Research and Ascendiant, currently also have a Buy rating on the stock. TSLA is a controversial stock, with 5 analysts recommending Buy, while 7 recommends selling the stock. Based on 21 analyst ratings, the analyst consensus is Hold with an average price target of $294.13, reflecting a 1.1% upside.
Brad Buss’ trades have generated a -17.9% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Tesla, Inc. engages in the design, development, manufacture, and sale of fully electric vehicles, energy generation and storage systems. It also provides vehicle service centers, supercharger station, and self-driving capability. The firm operates through Automotive, and Energy Generation and Storage segments.
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