Image from MarketBeat Media, LLC. Key Points J.W. Cole Advisors increased its stake in Tesla by 21.5%, buying 13,568 shares to hold 76,608 shares worth about $24.34 million, making Tesla its 28th largest position (~0.5% of the firm's holdings). Tesla recently beat quarterly expectations with EPS $0.50 vs. $0.48 and revenue of $28.1 billion, and the stock was trading up ~6.8% (market cap ~$1.39 trillion). Institutional investors own about 66.2% of Tesla (large positions by Vanguard, Geode, Goldman Sachs), while insiders sold a total of 82,606 shares (~$33.6 million) in the last 90 days and currently own 19.9% of the stock. Peter Thiel Dumps NVIDIA and Slashes Tesla Stake—Is the AI Bubble About to Pop? Tesla (NASDAQ:TSLA - Get Free Report) last released its earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS 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 firm had revenue of $28.10 billion during the quarter, compared to analyst estimates of $24.98 billion. During the same period in the prior year, the firm posted $0.72 earnings per share. The business's quarterly revenue was up 11.6% compared to the same quarter last year. Analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current year. Wall Street Analyst Weigh In A number of research analysts have issued reports on TSLA shares. BNP Paribas Exane initiated coverage on shares of Tesla in a report on Thursday, October 16th. They issued an "underperform" rating and a $307.00 target price for the company. Evercore ISI upped their price target on Tesla from $235.00 to $300.00 and gave the stock a "neutral" rating in a report on Wednesday, October 29th. Mizuho raised their price objective on Tesla from $450.00 to $485.00 and gave the company an "outperform" rating in a research note on Thursday, October 23rd. President Capital boosted their target price on Tesla from $373.00 to $529.00 and gave the stock a "buy" rating in a research report on Wednesday, October 29th. Finally, Melius started coverage on shares of Tesla in a research report on Monday, October 13th. They issued a "buy" rating and a $520.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, twelve have assigned a Hold rating and ten have given a Sell rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $394.31.