Image from MarketBeat Media, LLC. Key Points Spire Wealth Management has decreased its stake in Tesla, Inc. by 31.1%, selling 9,819 shares during the second quarter, leaving it with a total of 21,733 shares worth approximately $6.9 million. Recent analyst ratings for Tesla include Evercore ISI lowering its target price from $300 to $235, while a consensus rating remains at "Hold" with an average price target of $388.51. Insider trading activity reveals that Tesla's CFO recently sold 2,606 shares for over $918,000, indicating a 20.91% decrease in his ownership stake. How Much Risk Is Too Much? Here Come 5X Leveraged ETFs Shares of NASDAQ:TSLA opened at $461.51 on Thursday. Tesla, Inc. has a 52-week low of $214.25 and a 52-week high of $488.54. The firm has a market capitalization of $1.53 trillion, a P/E ratio of 307.67, a P/E/G ratio of 16.81 and a beta of 2.08. The stock has a 50 day moving average price of $405.79 and a 200-day moving average price of $345.40. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.67 and a current ratio of 2.07. Tesla (NASDAQ:TSLA - Get Free Report) last announced its earnings results on Wednesday, October 22nd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The firm had revenue of $28.10 billion during the quarter, compared to analyst estimates of $24.98 billion. During the same quarter in the prior year, the company earned $0.72 EPS. The business's revenue was up 11.6% compared to the same quarter last year. As a group, equities research analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Tesla Company Profile