Image from MarketBeat Media, LLC. Key Points Profund Advisors LLC increased its Tesla stake by 11.1% in Q2 to 153,744 shares (an additional 15,360 shares), worth about $48.84 million and representing 1.8% of the fund's holdings and its 8th-largest position. Insider selling was substantial: Director James R. Murdoch sold 120,000 shares and SVP Xiaotong Zhu sold 20,000, with insiders selling 202,606 shares (~$75.6M) in the last quarter while still owning 19.9% of the company. Recent results and valuation — Tesla reported $0.50 EPS (vs. $0.48 est.) and $28.10B revenue (vs. $24.98B est.), revenue +11.6% YoY; the stock trades around $429.52 with a $1.43T market cap and an average analyst price target of $391.08 ("Hold"). MarketBeat Week in Review – 11/03 - 11/07 Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS for the quarter, beating analysts' consensus estimates 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 analyst estimates of $24.98 billion. During the same quarter in the previous year, the business posted $0.72 EPS. Tesla's quarterly revenue was up 11.6% on a year-over-year basis. On average, research analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Analyst Upgrades and Downgrades Several research analysts have weighed in on the company. Melius began coverage on Tesla in a research report on Monday, October 13th. They set a "buy" rating and a $520.00 price objective on the stock. Weiss Ratings restated a "hold (c-)" rating on shares of Tesla in a research report on Thursday, October 30th. Bank of America raised their target price on shares of Tesla from $341.00 to $471.00 and gave the company a "neutral" rating in a report on Wednesday, October 29th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $500.00 price target on shares of Tesla in a report on Thursday, October 23rd. Finally, New Street Research boosted their price objective on shares of Tesla from $465.00 to $520.00 and gave the company a "buy" rating in a research report on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have assigned a Hold rating and eleven have assigned a Sell rating to the company. Based on data from MarketBeat, Tesla presently has an average rating of "Hold" and an average price target of $391.08.