Curran Financial Partners LLC Purchases Stake in Tesla, Inc. (TSLA)

Curran Financial Partners LLC has acquired 806 shares of Tesla, Inc. (NASDAQ:TSLA), a well-known electric vehicle producer, during the second quarter. The total value of the shares is estimated to be around $211,000. A number of other institutional investors have also bought and sold shares of TSLA in recent months.

MidWestOne Financial Group Inc. increased its stake in Tesla by 3.3% during the first quarter, owning 472 shares valued at $509,000. Linscomb & Williams Inc. also boosted its position in Tesla by 3.5%, with 1,233 shares valued at $1,329,000. Additionally, Indiana Trust & Investment Management CO and Salem Investment Counselors Inc. purchased more shares during the respective quarters.

Moreover, Johnson Bixby & Associates LLC increased its stake in Tesla by 2.1% during the first quarter, owning 2,769 shares valued at $574,000. Institutional investors now hold approximately 41.87% of the company’s stock.

Several analysts have provided their ratings and price targets for TSLA. Some analyst firms such as Guggenheim, Canaccord Genuity Group, and Morgan Stanley have given ratings of “sell,” “buy,” and “overweight,” respectively, along with varying target prices. According to the consensus rating on TSLA, it is currently labeled a “Hold” stock with a consensus target price of $239.43.

As of Tuesday, Tesla’s stock opened at $265.28. With a current ratio of 1.59 and a quick ratio of 1.07, the company boasts strong liquidity. Tesla’s fifty-day and two-hundred-day simple moving averages stand at $255.83 and $220.81, respectively. Furthermore, Tesla has a market capitalization of $842.00 billion and a beta of 2.09.

In terms of financial performance, Tesla reported better-than-expected earnings results for the second quarter of this year. The company’s earnings per share (EPS) of $0.91 exceeded analysts’ consensus estimate of $0.69. Tesla’s revenue for the quarter also increased by 47.2% compared to the same period last year.

Insiders in Tesla have been making significant moves in their stock holdings. SVP Xiaotong Zhu recently sold 1,065 shares of the company’s stock, while SVP Andrew D. Baglino sold 10,500 shares. These insider transactions were disclosed in filings with the SEC.

Overall, Tesla, Inc. is a global leader in electric vehicle manufacturing and energy generation. As the company continues to innovate and expand, it is attracting the attention of both institutional investors and individual shareholders.

– NASDAQ: Tesla, Inc. (TSLA) Purchased by Curran Financial Partners LLC
– Analysts Set New Price Targets for Tesla Inc. (TSLA)
– Tesla, Inc. (TSLA) Trading Down 3.3%
– Insider Selling: Tesla, Inc. (TSLA) Insider Sells 1,065 Shares of Stock
– Tesla, Inc. (TSLA) EPS Estimated At $2.94

Note: This is a fictional article and does not represent real financial news.