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Have Tesla Insiders Been Selling Their Stock?

finance

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Anyone interested in Tesla, Inc. should probably be aware that the Chief Technology Officer, Andrew Baglino, recently divested US$115k worth of shares in the company, at an average price of US$315 each. That sale was 10% of their holding, so it does make us raise an eyebrow.

Tesla Insider Transactions Over The Last Year

Over the last year, we can see that the biggest insider purchase was by Founder Elon Musk for US$25m worth of shares, at about US$243 per share. We do like to see buying, but this purchase was made at well below the current price of US$313. Because the shares were purchased at a lower price, this particular buy doesn’t tell us much about how insiders feel about the current share price.

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https://juicebarads.wpengine.com/2019/11/02/teslas-q3-profit-is-being-scrutinized-by-analysts/
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