Image from MarketBeat Media, LLC. Key Points Shares rose 3.7% to $445.23 on Monday with volume about 25% below average; the stock now trades well above the analysts' average price target of $391.08. Tesla beat quarterly expectations — EPS $0.50 vs. $0.48 and revenue $28.10 billion vs. $24.98 billion — with revenue up 11.6% year‑over‑year, though the company carries a high P/E of about 296.8. Analyst sentiment is mixed (average rating "Hold" with 21 Buys, 13 Holds, 11 Sells) despite several recent target upgrades, while insiders sold roughly 202,606 shares (~$75.6M) in the past three months. 3 Reasons Tesla Could Be a $500 Stock by the End of the Month In other news, Director James R. Murdoch sold 120,000 shares of Tesla stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $350.29, for a total transaction of $42,034,800.00. Following the sale, the director owned 697,031 shares in the company, valued at $244,162,988.99. This trade represents a 14.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Xiaotong Zhu sold 20,000 shares of the business's stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $363.75, for a total transaction of $7,275,000.00. Following the completion of the transaction, 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 position. The SEC filing for this sale provides additional information. Insiders sold 202,606 shares of company stock worth $75,588,902 in the last three months. 19.90% of the stock is owned by company insiders. Institutional Trading of Tesla Several hedge funds have recently modified their holdings of the company. Chapman Financial Group LLC bought a new stake in Tesla during the second quarter worth approximately $26,000. Chelsea Counsel Co. increased its position in shares of Tesla by 59.7% during the 1st quarter. Chelsea Counsel Co. now owns 107 shares of the electric vehicle producer's stock valued at $28,000 after purchasing an additional 40 shares during the last quarter. LGT Financial Advisors LLC purchased a new stake in Tesla during the 2nd quarter valued at $29,000. Manning & Napier Advisors LLC bought a new stake in Tesla in the third quarter worth $29,000. Finally, CoreFirst Bank & Trust purchased a new position in Tesla during the second quarter worth $30,000. 66.20% of the stock is owned by hedge funds and other institutional investors. About Tesla