Image from MarketBeat Media, LLC. Key Points DZ BANK reduced its Tesla holding by 12.7% in Q2, selling 211,427 shares and ending the period with 1,447,344 shares valued at $459,763,000. Insider selling has been notable: insiders sold 119,457 shares in the past three months worth $52,137,945, including Director James R. Murdoch (60,000 shares) and CFO Vaibhav Taneja (2,637 shares), while institutional investors own 66.20% of the stock. Tesla trades with a market cap of $1.49 trillion and a high P/E of 297.89 (52-week range $214.25–$488.54); it reported quarterly revenue of $28.10 billion and EPS of $0.50 (beating estimates), and the consensus analyst rating is a Hold with an average target of $399.33. Market Momentum: 3 Stocks Poised for Major Breakouts Tesla (NASDAQ:TSLA - Get Free Report) last released its 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 net margin of 5.51% and a return on equity of 6.61%. The business had revenue of $28.10 billion during the quarter, compared to analysts' expectations of $24.98 billion. During the same quarter last year, the company earned $0.72 earnings per share. The firm's revenue was up 11.6% on a year-over-year basis. Equities research analysts forecast that Tesla, Inc. will post 2.56 EPS for the current year. Analyst Ratings Changes TSLA has been the subject of several analyst reports. Robert W. Baird upgraded Tesla from a "neutral" rating to an "outperform" rating and boosted their target price for the stock from $320.00 to $548.00 in a report on Friday, September 19th. Wedbush reissued an "outperform" rating and issued a $600.00 price target on shares of Tesla in a research report on Wednesday, November 5th. President Capital upped their price objective on shares of Tesla from $373.00 to $529.00 and gave the stock a "buy" rating in a report on Wednesday, October 29th. William Blair reiterated a "market perform" rating on shares of Tesla in a report on Friday, September 5th. Finally, Benchmark reissued a "buy" rating on shares of Tesla in a research report on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have issued a Hold rating and nine have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $399.33.