Image from MarketBeat Media, LLC. Key Points Tesla shares fell 3.7%, trading as low as $421.88 and last at $429.52 on Friday with ~102.6 million shares changing hands, slightly above average volume. The company beat quarterly expectations with $0.50 EPS versus $0.48 expected and revenue of $28.10 billion (up 11.6% year-over-year), while market cap remains about $1.43 trillion and the P/E is ~286. Analyst sentiment is mixed—average rating is Hold with an average price target of $391.08 (Goldman cut its target to $400 while BofA raised theirs to $471)—and insiders sold roughly 202,606 shares (~$75.6M) over the past three months. 3 Reasons Tesla Could Be a $500 Stock by the End of the Month In other Tesla news, SVP Xiaotong Zhu sold 20,000 shares of the stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $363.75, for a total value of $7,275,000.00. Following the completion of the transaction, the senior vice president directly owned 47,600 shares of the company's stock, valued at approximately $17,314,500. This trade represents a 29.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Vaibhav Taneja sold 2,606 shares of the firm's stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $352.38, for a total value of $918,302.28. Following the completion of the transaction, the chief financial officer directly owned 9,856 shares of the company's stock, valued at $3,473,057.28. The trade was a 20.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 202,606 shares of company stock worth $75,588,902. 19.90% of the stock is owned by company insiders. Institutional Inflows and Outflows Institutional investors have recently added to or reduced their stakes in the company. Relyea Zuckerberg Hanson LLC grew its stake in shares of Tesla by 0.4% in the third quarter. Relyea Zuckerberg Hanson LLC now owns 6,558 shares of the electric vehicle producer's stock valued at $2,916,000 after buying an additional 23 shares in the last quarter. Equita Financial Network Inc. increased its stake in shares of Tesla by 2.8% during the 3rd quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer's stock worth $380,000 after purchasing an additional 23 shares during the last quarter. VanderPol Investments L.L.C. lifted its stake in Tesla by 2.2% in the 3rd quarter. VanderPol Investments L.L.C. now owns 1,070 shares of the electric vehicle producer's stock valued at $464,000 after purchasing an additional 23 shares during the last quarter. Resonant Capital Advisors LLC grew its holdings in Tesla by 0.3% during the third quarter. Resonant Capital Advisors LLC now owns 8,577 shares of the electric vehicle producer's stock worth $3,814,000 after purchasing an additional 23 shares during the period. Finally, Cloud Capital Management LLC increased its position in Tesla by 1.1% during the third quarter. Cloud Capital Management LLC now owns 2,076 shares of the electric vehicle producer's stock worth $923,000 after buying an additional 23 shares during the last quarter. Institutional investors and hedge funds own 66.20% of the company's stock. About Tesla