Image from MarketBeat Media, LLC. Key Points TIAA Trust National Association reduced its stake in Tesla by 3.5%, selling 3,391 shares, bringing its total ownership to 92,313 shares worth approximately $29.3 million. Tesla reported $0.50 earnings per share (EPS) for the latest quarter, exceeding estimates, with revenue of $28.10 billion, up 11.6% year-over-year. Institutional investors currently own 66.20% of Tesla's stock, reflecting significant interest despite recent insider selling, including 202,606 shares sold in the last three months. Tesla Stock: The Bulls Are Winning…For Now Tesla (NASDAQ:TSLA - Get Free Report) last issued its earnings results on Wednesday, October 22nd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to the consensus estimate of $24.98 billion. During the same period last year, the business posted $0.72 EPS. Tesla's revenue was up 11.6% on a year-over-year basis. On average, equities research analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Insider Buying and Selling at Tesla In other Tesla news, SVP Xiaotong Zhu sold 20,000 shares of the firm's stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $363.75, for a total transaction of $7,275,000.00. Following the completion of the sale, the senior vice president directly owned 47,600 shares in the company, valued at $17,314,500. This trade represents a 29.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director James R. Murdoch sold 120,000 shares of the business's stock in a transaction that occurred on Tuesday, August 26th. The stock was sold at an average price of $350.29, for a total value of $42,034,800.00. Following the sale, the director owned 697,031 shares of the company's stock, valued at approximately $244,162,988.99. This represents a 14.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 202,606 shares of company stock valued at $75,588,902 in the last three months. 19.90% of the stock is currently owned by company insiders. Wall Street Analyst Weigh In