Image from MarketBeat Media, LLC. Key Points Sterling Capital Management LLC increased its stake in Tesla by 22.2% in Q2, acquiring 29,944 shares to hold 164,988 shares valued at about $52.41 million. Tesla beat quarterly estimates with EPS of $0.50 versus $0.48 expected and revenue of $28.10 billion (vs. $24.98B est.), with revenue up 11.6% year‑over‑year, while the stock trades near $445.91 and the company has a $1.48 trillion market cap and a P/E of 297.27. Insiders sold 202,606 shares worth roughly $75.6 million in the last quarter; institutional investors own about 66.2% of Tesla, insiders own ~19.9%, and analysts have a consensus "Hold" with an average price target of $391.08. Amazon vs. Apple: Which Mag 7 Is the Better Buy? Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings data 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 company had revenue of $28.10 billion during the quarter, compared to the consensus estimate of $24.98 billion. During the same quarter in the prior year, the firm posted $0.72 earnings per share. Tesla's revenue for the quarter was up 11.6% on a year-over-year basis. As a group, sell-side analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Insider Buying and Selling In related news, SVP Xiaotong Zhu sold 20,000 shares of the company's stock in a transaction on 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 sale, the senior vice president owned 47,600 shares in the company, valued at $17,314,500. This represents a 29.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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 transaction of $918,302.28. Following the sale, the chief financial officer owned 9,856 shares of the company's stock, valued at approximately $3,473,057.28. This represents a 20.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 202,606 shares of company stock worth $75,588,902 in the last quarter. 19.90% of the stock is owned by insiders. Analyst Ratings Changes