Image from MarketBeat Media, LLC. Key Points JFG Wealth Management cut its Tesla stake by 59.1%, selling 2,646 shares in the quarter and leaving 1,830 shares worth about $581,000. Tesla beat the latest quarter with $0.50 EPS (vs. $0.48 est.) and $28.10 billion revenue (vs. $24.98B est.), but analysts remain mixed—MarketBeat shows an average rating of Hold and a consensus target of $391.08 (individual targets range up to $600). Insiders have sold 202,606 shares valued at about $75.6 million over the past 90 days and now own 19.90% of the stock, while institutional investors hold roughly 66.20%. 3 Reasons Tesla Could Be a $500 Stock by the End of the Month Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The company had revenue of $28.10 billion during the quarter, compared to analysts' expectations of $24.98 billion. During the same period in the previous year, the business earned $0.72 earnings per share. The firm's quarterly revenue was up 11.6% compared to the same quarter last year. On average, analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current year. Insider Transactions at Tesla In other Tesla news, SVP Xiaotong Zhu sold 20,000 shares of the firm'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 transaction, the senior vice president directly owned 47,600 shares of the company's stock, valued at $17,314,500. This trade represents a 29.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director James R. Murdoch sold 60,000 shares of the stock in a transaction on Monday, September 15th. The stock was sold at an average price of $422.68, for a total value of $25,360,800.00. Following the completion of the sale, the director owned 637,031 shares in the company, valued at $269,260,263.08. This trade represents a 8.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 202,606 shares of company stock valued at $75,588,902. 19.90% of the stock is currently owned by corporate insiders. Tesla Profile