10 Stocks With At Least $20 Million In Insider Sales Recently

7. Tesla, Inc. (NASDAQ:TSLA)

Highest Individual Sale: $27,250,557.84

Number of Sales Above $20 million: 2

Market Capitalization: $847.39 billion

Tesla designs, manufactures and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The Austin, Texas-based company operates in two segments: Automotive; and Energy Generation and Storage.

In 2024, the company had total revenues of $97.69 billion, up by $917 million in 2023. Tesla also reported net income of $7.09 billion, down by $7.91 billion in the prior year. The company attributes this decline in net income to the impact of releasing $6.54 billion of our valuation allowance associated with U.S. federal and state deferred tax assets in the fourth quarter of 2023. Tesla ended 2024 with $36.56 billion in cash and cash equivalents and investments, representing an increase of $7.47 billion from the end of 2023. Its cash flows provided by operating activities were $14.92 billion in 2024 compared to $13.26 billion in 2023, representing an increase of $1.67 billion. Tesla said it plans to expand its operations while concentrating on further cost reduction and operational efficiencies.

On February 6, the director at Tesla, Kimbal Musk, sold $27.25 million worth of shares at a price of $300.29 per share. Having dropped 34.76% year-to-date, Tesla stock is currently trading at $263.45 per share. Over the last 12 months, the company returned 47.47% to its investors.

On February 25, Morgan Stanley’s Adam Jones reiterated an Overweight rating for Tesla with a $430.00 price target. Jones noted that the company’s integration of AI and robotics will drive growth and innovation.

Thirty-six analysts have given an average “Hold” rating to Tesla stock, according to StockAnalysis. The analysts have placed a stock price target of $314.54, which represents an upside of 19.39% from the current price.

Tesla is also considered one of the 11 stocks that will go to the Moon according to Reddit.