Image from MarketBeat Media, LLC. Key Points Cornerstone Advisors LLC boosted its Tesla stake 4.1% in Q2 to 143,600 shares (about $45.62M), making TSLA roughly 1.6% of its portfolio and its 11th-largest holding. Insiders have been net sellers recently: Director James R. Murdoch sold 120,000 shares and CFO Vaibhav Taneja sold 2,606 shares, with insiders selling 202,606 shares (~$75.6M) in the past three months and now owning about 19.90% of the stock. Tesla reported a quarterly EPS beat ($0.50 vs. $0.48) and revenue of $28.10B (up 11.6% YoY); the stock has a market cap of $1.34T, a P/E of 269.57, and a 52-week range of $214.25–$488.54. Rivian’s Chart Says Go, But Some Analysts Still Say No Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.48 by $0.02. The business had revenue of $28.10 billion for the quarter, compared to the consensus estimate of $24.98 billion. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The firm's revenue was up 11.6% compared to the same quarter last year. During the same period last year, the business earned $0.72 EPS. On average, equities research analysts predict that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Analyst Ratings Changes Several analysts have issued reports on the company. Barclays restated a "negative" rating and set a $350.00 price objective (up previously from $275.00) on shares of Tesla in a report on Thursday, October 16th. Robert W. Baird upgraded shares of Tesla from a "neutral" rating to an "outperform" rating and boosted their price target for the company from $320.00 to $548.00 in a report on Friday, September 19th. Bank of America upped their price target on shares of Tesla from $341.00 to $471.00 and gave the company a "neutral" rating in a research report on Wednesday, October 29th. Royal Bank Of Canada reiterated an "outperform" rating and set a $500.00 price objective on shares of Tesla in a research report on Thursday, October 23rd. Finally, China Renaissance increased their target price on Tesla from $349.00 to $380.00 and gave the company a "hold" rating in a report on Friday, October 24th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, twelve have given a Hold rating and ten have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $393.61.