At $307.88 Tesla, Inc. (TSLA) Forms Bullish Double Top

Tesla, Inc. (NASDAQ:TSLA) Corporate Logo

Big Money Sentiment decreased to 0.71 in 2018 Q3. It has change of 0.14, from 2018Q2’s 0.85. The ratio worsened due to Tesla, Inc. positioning: 128 sold and 186 reduced. 81 funds bought positions and 142 increased positions. Investors holded 94.54 million in 2018Q2 but now own 97.80 million shares or 3.45% more.
World Asset Mngmt Inc has 0.06% invested in Tesla, Inc. (NASDAQ:TSLA). Alphamark Advsr Lc reported 225 shs. Citadel Advsr Ltd Liability Corp stated it has 61,101 shs or 0.01% of all its holdings. Jfs Wealth Advisors Limited invested in 60 shs or 0% of the stock. B Riley Wealth Mgmt has 1,845 shs for 0.12% of their capital. Wms Prtnrs Limited Liability Company has invested 0.04% in Tesla, Inc. (NASDAQ:TSLA). Amundi Pioneer Asset Mgmt accumulated 35,683 shs. Wealthtrust accumulated 0.03% or 235 shs. Ckw Fincl Group holds 0% or 33 shs in its capital. 1,878 were reported by Acg Wealth. Fiera Cap holds 0% of its capital in Tesla, Inc. (NASDAQ:TSLA) for 2,580 shs. Ohio-based Huntington Retail Bank has invested 0% in Tesla, Inc. (NASDAQ:TSLA). Prentiss Smith And Commerce owns 0.01% invested in Tesla, Inc. (NASDAQ:TSLA) for 70 shs. Amf Pensionsforsakring Ab invested in 11,701 shs or 0.03% of the stock. Girard Prtnrs, Pennsylvania-based fund reported 1,267 shs.

Tesla, Inc. had 15 selling transactions and 1 buy since October 1, 2018. This’s net activity of $21.21 million. RICE LINDA JOHNSON sold $1.02 million worth of Tesla, Inc. (NASDAQ:TSLA) or 3,000 shs on Wednesday, November 14. On Monday, October 1 the insider Musk Kimbal sold $573,750. Ahuja Deepak had sold 3,500 shs worth $1.20M. Musk Elon bought 29,844 shs worth $10.00M. On Monday, January 28 the insider Straubel Jeffrey B sold $4.40M. On Thursday, December 20 the insider Gracias Antonio J. sold $5.35 million.

The double top technical pattern of Tesla, Inc. (TSLA) has $332.51 PT or 8.00 % above today’s $307.88 share price. Tesla, Inc. (TSLA) has $52.87 billion market cap. Finviz.com posted the double top technical pattern on Feb, 17. The company’s valuation will be $4.23B more at $332.51 PT.

TSLA is hitting $307.88 during the last trading session, after increased 1.35%.Tesla, Inc. has volume of 3.90M shares. Since February 17, 2018 TSLA has risen 17.32% and is uptrending. TSLA outperformed by 17.32% the S&P 500.

Tesla, Inc. (NASDAQ:TSLA) Ratings Coverage

A total of 13 analysts rate Tesla (NASDAQ:TSLA) as follows: 6 “Buy”, 2 “Hold” and 5 “Sell”. Š¢herefore 46% are bullish. (NASDAQ:TSLA) has 19 ratings reports on Feb 17, 2019 according to StockzIntelligence. On Thursday, February 14 the stock has “Buy” rating by JMP Securities. On Tuesday, January 29 UBS maintained Tesla, Inc. (NASDAQ:TSLA) rating. UBS has “Sell” rating and $220 target. On Tuesday, February 5 the stock has “Equal-Weight” rating by Morgan Stanley. On Friday, September 28 Citigroup downgraded Tesla, Inc. (NASDAQ:TSLA) rating. Citigroup has “Sell” rating and $225 target. On Friday, December 7 Jefferies upgraded the shares of TSLA in report to “Buy” rating. On Wednesday, January 23 the firm earned “Underperform” rating by RBC Capital Markets. On Tuesday, September 11 the stock of Tesla, Inc. (NASDAQ:TSLA) earned “Neutral” rating by Nomura. On Tuesday, September 4 the rating was maintained by Goldman Sachs with “Sell”. On Thursday, December 13 the stock of Tesla, Inc. (NASDAQ:TSLA) earned “Outperform” rating by Robert W. Baird. On Tuesday, January 22 the rating was maintained by Goldman Sachs with “Sell”.

For more Tesla, Inc. (NASDAQ:TSLA) news announced briefly go to: Seekingalpha.com, Livetradingnews.com, Seekingalpha.com, Nasdaq.com or Seekingalpha.com. The titles are as follows: “Tesla, Inc. 2018 Q1 – Results – Earnings Call Slides – Seeking Alpha” announced on January 30, 2019, “Tesla, Inc. (NASDAQ:TSLA) Financial Officer Deepak Ahuja is prompting questions about the company’s sustainability – Live Trading News” on February 08, 2019, “Tesla’s Solar Business Is Falling Apart – Seeking Alpha” with a publish date: February 07, 2019, “After-Hours Earnings Report for January 30, 2019 : MSFT, FB, V, PYPL, MDLZ, QCOM, TSLA, NOW, ESS, AMP, HOLX, WYNN – Nasdaq” and the last “Stanphyl Capital Letter – January 2019 – Seeking Alpha” with publication date: February 03, 2019.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.