Image from MarketBeat Media, LLC. Key Points Seeds Investor LLC increased its Tesla stake by 51.7%, buying an additional 885 shares to hold 2,596 shares worth approximately $825,000 as of its latest SEC filing. Tesla beat quarterly expectations (EPS $0.50 vs. $0.48; revenue $28.10B vs. $24.98B) but remains richly valued with a PE of 263.37 and a MarketBeat consensus rating of "Hold" with an average target of about $394.31. Company insiders have been net sellers recently, disposing of 202,606 shares worth roughly $75.6M over the last three months, though insiders still own about 19.90% of the stock. Is Tesla Setting Up for a Year-End Rebound—or a Collapse? 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 last year, the business earned $0.72 earnings per share. Tesla's quarterly revenue was up 11.6% on a year-over-year basis. On average, equities analysts expect that Tesla, Inc. will post 2.56 EPS for the current year. Insider Activity at Tesla In related news, SVP Xiaotong Zhu sold 20,000 shares of the stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $363.75, for a total transaction of $7,275,000.00. Following the sale, the senior vice president directly owned 47,600 shares of the company's stock, valued at approximately $17,314,500. This represents a 29.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction on Monday, September 8th. The shares were sold at an average price of $352.38, for a total transaction 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 $3,473,057.28. The trade was a 20.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 202,606 shares of company stock worth $75,588,902 in the last three months. Company insiders own 19.90% of the company's stock. Analysts Set New Price Targets