Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Tesla Inc shares valued at $27,590,619 were sold by Musk Kimbal on Feb 06 ’25. At $367.87 per share, Musk Kimbal sold 75,000 shares. The insider’s holdings dropped to 1,463,220 shares worth approximately $527.58 million following the completion of this transaction.
Also, KIMBAL J MUSK purchased 75,000 shares, netting a total of over 27,590,648 in proceeds.
Before that, Taneja Vaibhav had sold 7,000 shares from its account. In a trade valued at $2,681,789, the Chief Financial Officer traded Tesla Inc shares for $383.11 each. Upon closing the transaction, the insider’s holdings decreased to 7,000 shares, worth approximately $39.29 million.
As published in their initiating research note from The Benchmark Company on February 12, 2025, Tesla Inc [TSLA] has been a Buy and the price target has been revised to $475. Analysts at Wedbush resumed the stock at ‘”an Outperform”‘ outlook in a report released in late January. As of January 15, 2025, Barclays has reiterated its “an Equal weight” rating for TSLA. Earlier on January 07, 2025, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for TSLA stock which previously was a “a Buy”.
Analyzing TSLA Stock Performance
During the last five days, there has been a surge of approximately 9.76%. Over the course of the year, Tesla Inc shares have dropped approximately -10.72%. Shares of the company reached a 52-week high of $439.74 on 01/17/25 and a 52-week low of $325.10 on 02/11/25. A 50-day SMA is recorded $402.03, while a 200-day SMA reached $274.00. Nevertheless, trading volume fell to 66.79 million shares from 51.59 million shares the previous day.
Support And Resistance Levels for Tesla Inc (TSLA)
According to the 24-hour chart, there is a support level at 353.71, which, if violated, would cause prices to drop to 346.85. In the upper region, resistance lies at 367.38. The next price resistance is at 374.19. RSI (Relative Strength Index) is 43.67 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -10.10, which suggests the price will decrease in the coming days. Percent R is at 62.63%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
