Image from MarketBeat Media, LLC. Key Points Savvy Advisors Inc. raised its stake in Tesla by 60.8%, owning a total of 22,597 shares, which are valued at approximately $7,178,000. Institutional investors hold 66.20% of Tesla's stock, with various firms actively increasing or establishing new positions in the company. Tesla reported a quarterly earnings of $0.50 per share, exceeding the consensus estimate of $0.48, along with revenues of $28.10 billion for the quarter. MarketBeat Week in Review – 10/20 - 10/24 Tesla (NASDAQ:TSLA - Get Free Report) last posted its earnings results on Wednesday, October 22nd. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.02. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The business had revenue of $28.10 billion for the quarter, compared to analyst estimates of $24.98 billion. During the same quarter in the prior year, the firm earned $0.72 EPS. The firm's quarterly revenue was up 11.6% compared to the same quarter last year. As a group, sell-side analysts predict that Tesla, Inc. will post 2.56 EPS for the current year. Analyst Ratings Changes Several research firms have issued reports on TSLA. Roth Capital set a $505.00 price objective on shares of Tesla and gave the stock a "buy" rating in a research note on Thursday, October 23rd. Benchmark restated a "buy" rating on shares of Tesla in a research report on Thursday, October 23rd. Industrial Alliance Securities set a $300.00 price target on shares of Tesla in a research report on Monday, October 13th. BNP Paribas Exane assumed coverage on shares of Tesla in a research report on Thursday, October 16th. They issued an "underperform" rating and a $307.00 price objective on the stock. Finally, Piper Sandler raised their target price on shares of Tesla from $400.00 to $500.00 and gave the company an "overweight" rating in a research note on Monday, September 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, twelve have given a Hold rating and eleven have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $388.51.