Article: http://www.watchlistnews.com/2013/08/19/tesla-motors-vp-gregory-reichow-sells-2084-shares-tsla/ Article attributed to: http://www.sec.gov/Archives/edgar/data/1318605/000158453113000004/xslF345X01/edgardoc.xml Tesla Motors (NASDAQ:TSLA) VP Gregory Reichow sold 2,084 shares of Tesla Motors stock on the open market in a transaction dated Wednesday, August 14th. The stock was sold at an average price of $141.19, for a total value of $294,239.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. A number of analysts have recently weighed in on TSLA shares. Analysts at Lazard Capital Markets downgraded shares of Tesla Motors from a “buy” rating to a “neutral” rating in a research note to investors on Monday, August 12th. They now have a $100.00 price target on the stock. They noted that the move was a valuation call. Separately, analysts at Morgan Stanley raised their price target on shares of Tesla Motors from $109.00 to $149.00 in a research note to investors on Friday, August 9th. Finally, analysts at TheStreet reiterated a “hold” rating on shares of Tesla Motors in a research note to investors on Friday, August 9th. Three investment analysts have rated the stock with a sell rating, six have issued a hold rating and nine have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $132.84. Shares of Tesla Motors (NASDAQ:TSLA) traded up 2.54% on Monday, hitting $145.61. The stock had a trading volume of 3,719,049 shares. Tesla Motors has a 52 week low of $26.86 and a 52 week high of $158.88. The stock’s 50-day moving average is $129.4 and its 200-day moving average is $77.18. The company’s market cap is $17.684 billion. Tesla Motors (NASDAQ:TSLA) last announced its earnings results on Wednesday, August 7th. The company reported $0.20 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.16) by $0.36. The company had revenue of $405.10 million for the quarter, compared to the consensus estimate of $393.40 million. During the same quarter in the prior year, the company posted ($0.89) earnings per share. The company’s quarterly revenue was up 1417.2% on a year-over-year basis. On average, analysts predict that Tesla Motors will post $0.55 earnings per share for the current fiscal year. Tesla Motors, Inc (NASDAQ:TSLA) designs, develops, manufactures and sells electric vehicles and advanced electric vehicle powertrain components.