Image from MarketBeat Media, LLC. Key Points Amica Mutual reduced its stake by 22.9% in Tesla during Q2, selling 1,993 shares and retaining 6,715 shares valued at about $2.13 million. Tesla beat estimates, reporting $0.50 EPS versus a $0.48 consensus and revenue of $28.10 billion (up 11.6% year-over-year) versus $24.98 billion expected. Significant insider selling has occurred recently—Director James R. Murdoch sold 120,000 shares for roughly $42.0 million, and insiders sold 202,606 shares (~$75.6 million) in the past 90 days, though insiders still own 19.90% of the company. MarketBeat Week in Review – 11/03 - 11/07 Tesla (NASDAQ:TSLA - Get Free Report) last announced its earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $28.10 billion for the quarter, compared to analyst estimates of $24.98 billion. During the same quarter in the prior year, the business posted $0.72 EPS. The business's revenue was up 11.6% compared to the same quarter last year. As a group, sell-side analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current year. Insiders Place Their Bets In other news, Director James R. Murdoch sold 120,000 shares of the stock in a transaction on Tuesday, August 26th. The stock was sold at an average price of $350.29, for a total transaction of $42,034,800.00. Following the sale, the director directly 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Vaibhav Taneja sold 2,606 shares of the business's stock in a transaction dated 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 approximately $3,473,057.28. This trade represents a 20.91% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 202,606 shares of company stock worth $75,588,902 in the last 90 days. Company insiders own 19.90% of the company's stock. Wall Street Analysts Forecast Growth