Image from MarketBeat Media, LLC. Key Points Axa S.A. trimmed its Tesla stake by 0.8% in Q2, selling 5,968 shares and now holds 789,306 shares worth $250.73 million, making TSLA about 0.7% of Axa's portfolio and its 23rd-largest holding. Other large institutions boosted exposure in Q2—Vanguard added ~4.5M shares to hold 251.39M, Geode and Amundi increased positions, and Norges Bank opened a new position worth roughly $11.84 billion—leaving institutional ownership at 66.2%. Tesla beat recent quarterly expectations with $0.50 EPS and $28.10 billion in revenue, trades at a market cap of about $1.46 trillion with a high valuation (PE ~293), and has a 52-week range of $214.25–$488.54. 3 Signs Tesla Is Starting December on the Front Foot Tesla (NASDAQ:TSLA - Get Free Report) last posted its earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS for the quarter, topping analysts' consensus estimates of $0.48 by $0.02. The business had revenue of $28.10 billion for the quarter, compared to analysts' expectations of $24.98 billion. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The business's revenue was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.72 earnings per share. As a group, equities research analysts forecast that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Insider Activity at Tesla In other Tesla news, SVP Xiaotong Zhu sold 20,000 shares of the stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $363.75, for a total transaction of $7,275,000.00. Following the completion of the sale, the senior vice president directly owned 47,600 shares of the company's stock, valued at approximately $17,314,500. This trade represents a 29.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James R. Murdoch sold 60,000 shares of Tesla 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 completion of the transaction, the director owned 637,031 shares in the company, valued at approximately $269,260,263.08. This trade represents a 8.61% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 19.90% of the stock is owned by corporate insiders. Analyst Ratings Changes