Tesla INC (Put) (TSLA) Holder Moon Capital Management LP Has Cut Its Stake by $31.10 Million

May 16, 2018 - By Eva Godbolt

Tesla, Inc. (NASDAQ:TSLA) LogoInvestors sentiment decreased to 1.05 in 2017 Q4. Its down 0.25, from 1.3 in 2017Q3. It turned negative, as 105 investors sold TSLA shares while 156 reduced holdings. 69 funds opened positions while 206 raised stakes. 96.06 million shares or 3.01% more from 93.25 million shares in 2017Q3 were reported. First Interstate Savings Bank invested in 50 shares. Moreover, Ironwood Financial Limited has 0.01% invested in Tesla, Inc. (NASDAQ:TSLA) for 30 shares. Kemnay Advisory Services holds 0.02% in Tesla, Inc. (NASDAQ:TSLA) or 150 shares. 381,977 were reported by Commercial Bank Of America Corp De. Prentiss Smith Incorporated reported 100 shares or 0.02% of all its holdings. State Board Of Administration Of Florida Retirement System accumulated 185,551 shares. Polaris Greystone Financial Gp Inc Ltd Co holds 0.05% in Tesla, Inc. (NASDAQ:TSLA) or 1,975 shares. Cwm Ltd reported 195 shares. Guggenheim Limited Liability Corp invested 0.03% in Tesla, Inc. (NASDAQ:TSLA). Family Cap Tru has invested 0% in Tesla, Inc. (NASDAQ:TSLA). Teacher Retirement Sys Of Texas holds 36,510 shares. Eventide Asset Management Limited Liability Corp holds 0.49% of its portfolio in Tesla, Inc. (NASDAQ:TSLA) for 30,000 shares. First Republic Management owns 0.05% invested in Tesla, Inc. (NASDAQ:TSLA) for 22,350 shares. Willingdon Wealth Management holds 18 shares or 0% of its portfolio. Cornerstone Advisors accumulated 399 shares.

Since December 13, 2017, it had 1 insider purchase, and 9 insider sales for $5.98 million activity. Shares for $147,099 were sold by Branderiz Eric on Monday, March 5. Another trade for 1,400 shares valued at $476,944 was made by FIELD JOHN DOUGLAS on Wednesday, December 13. Shares for $9.85M were bought by Musk Elon on Monday, May 7.

John W. Moon decreased its stake in Tesla Inc (Put) (TSLA) by 41.39% based on its latest 2017Q4 regulatory filing with the SEC. Moon Capital Management Lp sold 100,000 shares as the company’s stock declined 14.15% with the market. The hedge fund run by John W. Moon held 141,600 shares of the capital goods company at the end of 2017Q4, valued at $44.09M, down from 241,600 at the end of the previous reported quarter. Moon Capital Management Lp who had been investing in Tesla Inc (Put) for a number of months, seems to be less bullish one the $48.64B market cap company. The stock increased 0.81% or $2.3 during the last trading session, reaching $286.48. About 5.58M shares traded. Tesla, Inc. (NASDAQ:TSLA) has risen 3.32% since May 16, 2017 and is uptrending. It has underperformed by 8.23% the S&P500.

Analysts await Tesla, Inc. (NASDAQ:TSLA) to report earnings on August, 1. They expect $-3.61 EPS, down 76.96 % or $1.57 from last year’s $-2.04 per share. After $-4.19 actual EPS reported by Tesla, Inc. for the previous quarter, Wall Street now forecasts -13.84 % EPS growth.

More notable recent Tesla, Inc. (NASDAQ:TSLA) news were published by: Seekingalpha.com which released: “Tesla: The Imperative For A China Plant” on May 14, 2018, also Seekingalpha.com with their article: “Tesla Motors: Slowly, Then Quickly” published on May 10, 2018, 247Wallst.com published: “Tesla Faces Even More Problems After Another Collision” on May 14, 2018. More interesting news about Tesla, Inc. (NASDAQ:TSLA) were released by: Investorplace.com and their article: “Wednesday’s Vital Data: Nvidia Corporation (NVDA), Micron Technology, Inc. (MU) and Tesla Inc. (TSLA)” published on May 16, 2018 as well as Thestreet.com‘s news article titled: “Here’s When Tesla’s Stock Starts Crushing the S&P 500 Again: Chart” with publication date: May 15, 2018.

Tesla, Inc. (NASDAQ:TSLA) Ratings Coverage

Among 21 analysts covering Tesla Motors (NASDAQ:TSLA), 5 have Buy rating, 9 Sell and 7 Hold. Therefore 24% are positive. Tesla Motors had 39 analyst reports since November 17, 2017 according to SRatingsIntel. The stock of Tesla, Inc. (NASDAQ:TSLA) has “Buy” rating given on Thursday, January 4 by Robert W. Baird. The rating was upgraded by CFRA on Monday, March 26 to “Hold”. On Thursday, December 21 the stock rating was maintained by Tigress Financial with “Hold”. On Monday, April 16 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm earned “Hold” rating on Monday, January 22 by RBC Capital Markets. As per Tuesday, December 19, the company rating was maintained by RBC Capital Markets. The company was maintained on Wednesday, April 18 by KeyBanc Capital Markets. Goldman Sachs maintained it with “Sell” rating and $19500 target in Tuesday, May 1 report. The firm earned “Buy” rating on Wednesday, May 2 by Robert W. Baird. UBS maintained it with “Sell” rating and $195.0 target in Thursday, February 8 report.

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

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