Could Tesla Motors Inc Decline After Today’s Tip From Option Traders?

 Could Tesla Motors Inc Decline After Today's Tip From Option Traders?

In today’s session Tesla Motors Inc (TSLA) registered an unusually high (2,962) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious TSLA increase. With 2,962 contracts traded and 128294 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: TSLA170120C00250000 closed last at: $2.38 or 1.7% up. About 2.30M shares traded hands. Tesla Motors Inc (NASDAQ:TSLA) has declined 8.66% since March 14, 2016 and is downtrending. It has underperformed by 14.28% the S&P500.

Analysts await Tesla Motors Inc (NASDAQ:TSLA) to report earnings on November, 1. They expect $-0.41 EPS, up 59.41% or $0.60 from last year’s $-1.01 per share. After $-1.54 actual EPS reported by Tesla Motors Inc for the previous quarter, Wall Street now forecasts -73.38% EPS growth.

Tesla Motors Inc (NASDAQ:TSLA) Ratings Coverage

Out of 21 analysts covering Tesla Motors Inc (NASDAQ:TSLA), 9 rate it a “Buy”, 3 “Sell”, while 9 “Hold”. This means 43% are positive. Tesla Motors Inc has been the topic of 53 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The stock has “Hold” rating given by Goldman Sachs on Friday, August 7. The firm earned “Overweight” rating on Tuesday, September 22 by Global Equities Research. The stock of Tesla Motors Inc (NASDAQ:TSLA) earned “Sector Perform” rating by RBC Capital Markets on Friday, July 8. Zacks downgraded the shares of TSLA in a report on Tuesday, August 11 to “Buy” rating. The firm has “Outperform” rating given on Thursday, February 11 by Credit Suisse. The firm has “Buy” rating given on Thursday, September 3 by Global Equities Research. Vetr upgraded Tesla Motors Inc (NASDAQ:TSLA) rating on Monday, August 24. Vetr has “Buy” rating and $265.36 price target. The firm has “Hold” rating given on Tuesday, October 13 by S&P Research. The company was maintained on Tuesday, August 4 by Deutsche Bank. Goldman Sachs downgraded it to “Neutral” rating and $185 target price in Thursday, October 6 report.

According to Zacks Investment Research, “Tesla Motors, Inc. designs, manufactures, and sells electric vehicles and electric vehicle powertrain components. The Company is headquartered in Palo Alto, California.”

Insitutional Activity: The institutional sentiment increased to 1.35 in 2016 Q2. Its up 0.17, from 1.18 in 2016Q1. The ratio improved, as 82 funds sold all Tesla Motors Inc shares owned while 123 reduced positions. 61 funds bought stakes while 216 increased positions. They now own 98.03 million shares or 2.04% more from 96.07 million shares in 2016Q1.
Aqr Cap Mgmt Ltd Liability last reported 0% of its portfolio in the stock. Agran Libbie last reported 9,472 shares in the company. Td Asset Mngmt reported 114,346 shares or 0.04% of all its holdings. Stifel holds 0.02% of its portfolio in Tesla Motors Inc (NASDAQ:TSLA) for 15,860 shares. First Fin Corporation In holds 0% or 25 shares in its portfolio. Calvert Investment Mngmt Incorporated, a Maryland-based fund reported 6,626 shares. Tortoise Cap Advsrs Limited Liability Com accumulated 0% or 12 shares. Panagora Asset Mgmt has invested 0% of its portfolio in Tesla Motors Inc (NASDAQ:TSLA). Carroll Fincl Assocs owns 256 shares or 0.01% of their US portfolio. Vantage Inv Advsr Lc owns 980 shares or 0.09% of their US portfolio. The New Jersey-based Architects Inc has invested 0.05% in Tesla Motors Inc (NASDAQ:TSLA). Bokf Na owns 1,180 shares or 0.01% of their US portfolio. Invesco Limited holds 0.09% or 1.16M shares in its portfolio. Hsbc Pcl last reported 67,964 shares in the company. Hhr Asset Mgmt Lc reported 390,135 shares or 4.22% of all its holdings.

Insider Transactions: Since April 26, 2016, the stock had 0 buys, and 4 insider sales for $1.91 million net activity. $103,211 worth of Tesla Motors Inc (NASDAQ:TSLA) shares were sold by Musk Kimbal. FIELD JOHN DOUGLAS sold 1,000 shares worth $230,916.

Tesla Motors, Inc. designs, develops, makes and sells electric vehicles and energy storage products. The company has a market cap of $28.47 billion. The Firm produces and sells two electric vehicles: the Model S sedan and the Model X sport utility vehicle . It currently has negative earnings. The Firm has delivered over 107,000 Model S vehicles across the world.

TSLA Company Profile

Tesla Motors, Inc., incorporated on July 1, 2003, designs, develops, makes and sells electric vehicles and energy storage products. The Firm produces and sells two electric vehicles: the Model S sedan and the Model X sport utility vehicle (SUV). The Firm has delivered over 107,000 Model S vehicles across the world. In addition to developing its own vehicles, it sells energy storage products. The Company’s energy storage products include the seven kilowatt-hour and 10 kilowatt-hour Powerwall for residential applications, and the 100 kilowatt-hour Powerpack for commercial and industrial applications. The Firm delivers energy storage products products under the Tesla Energy brand. It makes its products primarily at its facilities in Fremont, California, Lathrop, California, Tilburg, Netherlands and at its Gigafactory near Reno, Nevada. It is using battery packs manufactured at the Gigafactory for its energy storage products.

More important recent Tesla Motors Inc (NASDAQ:TSLA) news were published by: Profitconfidential.com which released: “TSLA Stock: Could This Be Tesla Motors Inc’s New Product?” on October 17, 2016, also Fool.com published article titled: “No Capital Needed: How SolarCity Corp. Could Help Tesla Motors Inc.”, Fool.com published: “Tesla Motors, Inc. Won’t Need to Raise Cash This Quarter After All” on October 11, 2016. More interesting news about Tesla Motors Inc (NASDAQ:TSLA) was released by: Fool.com and their article: “Tesla Motors, Inc.’s Model X Deliveries Nearly Double in Q3” with publication date: October 06, 2016.

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