Image from MarketBeat Media, LLC. Key Points Tesla shares rose 1.7% to $454.53 intraday (high $454.63) on Thursday while trading volume was down about 29% versus the average session. Analyst sentiment is mixed: the consensus rating is "Hold" with an average target of $398.92, though several firms have raised targets (Bank of America $471, TD Cowen $509) and ratings span Strong Buy to Sell. Tesla beat the quarter with $0.50 EPS vs. $0.48 expected and $28.10B revenue vs. $24.98B expected, and it carries a $1.51 trillion market cap and a high PE of ~303. Tesla Just Got Called a “Must Own” Stock—Here’s Why In other Tesla news, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director James R. Murdoch sold 60,000 shares of the business's stock in a transaction on Monday, September 15th. The shares were sold at an average price of $422.68, for a total transaction of $25,360,800.00. Following the sale, the director directly owned 637,031 shares of the company's stock, valued at $269,260,263.08. This represents a 8.61% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 82,606 shares of company stock worth $33,554,102 over the last three months. 19.90% of the stock is currently owned by company insiders. Institutional Trading of Tesla Several large investors have recently bought and sold shares of TSLA. Norges Bank purchased a new stake in Tesla in the 2nd quarter worth approximately $11,839,824,000. Goldman Sachs Group Inc. lifted its stake in shares of Tesla by 322.1% in the first quarter. Goldman Sachs Group Inc. now owns 26,590,525 shares of the electric vehicle producer's stock worth $6,891,201,000 after buying an additional 20,291,139 shares in the last quarter. Nuveen LLC acquired a new position in Tesla during the first quarter worth about $3,247,619,000. Kingstone Capital Partners Texas LLC raised its holdings in Tesla by 581,880.5% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 6,436,704 shares of the electric vehicle producer's stock valued at $2,044,683,000 after acquiring an additional 6,435,598 shares during the last quarter. Finally, Vanguard Group Inc. lifted its stake in Tesla by 1.8% in the 2nd quarter. Vanguard Group Inc. now owns 251,390,681 shares of the electric vehicle producer's stock worth $79,856,764,000 after purchasing an additional 4,502,976 shares in the last quarter. Hedge funds and other institutional investors own 66.20% of the company's stock. Tesla Company Profile