Robyn Denholm, a director at Tesla Inc (TSLA, Financial), sold 93,706 shares of the company on February 21, 2024, according to a recent SEC Filing. Tesla Inc is known for its electric vehicles, energy storage products, and solar energy solutions. The company has been a leader in the electric vehicle industry, aiming to accelerate the world's transition to sustainable energy.
Over the past year, the insider has sold a total of 93,706 shares and has not made any purchases of the company's stock.
The insider transaction history for Tesla Inc shows a pattern of 38 insider sells and no insider buys over the past year.
On the day of the insider's recent sale, shares of Tesla Inc were trading at $194.73, resulting in a market cap of $611,384.216 billion.
The price-earnings ratio of Tesla Inc stands at 44.54, which is above the industry median of 16.575 but below the company's historical median price-earnings ratio.
With the current share price of $194.73 and a GuruFocus Value of $381.49, Tesla Inc has a price-to-GF-Value ratio of 0.51, indicating that the stock could be a possible value trap and warrants caution.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
