Key Points Tesla has been upgraded from a "sell" rating to a "hold" rating by Wall Street Zen, with a consensus rating of "Hold" among analysts. The company reported an earnings per share (EPS) of $0.50 for the quarter, beating estimates and showing a year-over-year revenue increase of 11.6% at $28.10 billion. Recent insider transactions revealed significant share sales, with Director James R. Murdoch selling 60,000 shares, indicating an 8.61% decrease in ownership. Tesla’s Earnings Review: Does the Juice Justify the Squeeze? In other news, Director James R. Murdoch sold 60,000 shares of the stock in a transaction on Monday, September 15th. The stock was sold at an average price of $422.68, for a total value of $25,360,800.00. Following the sale, the director directly owned 637,031 shares of the company's stock, valued at approximately $269,260,263.08. This represents a 8.61% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction on Monday, September 8th. The stock was sold at an average price of $352.38, for a total value of $918,302.28. Following the completion of the sale, the chief financial officer directly owned 9,856 shares in the company, valued at approximately $3,473,057.28. This represents a 20.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 202,606 shares of company stock valued at $75,588,902. Insiders own 19.90% of the company's stock. Institutional Investors Weigh In On Tesla Several institutional investors have recently modified their holdings of TSLA. Chapman Financial Group LLC purchased a new stake in shares of Tesla during the second quarter valued at $26,000. Arcadia Investment Management Corp MI purchased a new stake in shares of Tesla during the first quarter valued at $27,000. Chelsea Counsel Co. boosted its position in shares of Tesla by 59.7% during the first quarter. Chelsea Counsel Co. now owns 107 shares of the electric vehicle producer's stock valued at $28,000 after buying an additional 40 shares during the last quarter. Centennial Bank AR boosted its position in shares of Tesla by 833.3% during the first quarter. Centennial Bank AR now owns 112 shares of the electric vehicle producer's stock valued at $29,000 after buying an additional 100 shares during the last quarter. Finally, LGT Financial Advisors LLC purchased a new stake in shares of Tesla during the second quarter valued at $29,000. 66.20% of the stock is owned by hedge funds and other institutional investors. About Tesla