Image from MarketBeat Media, LLC. Key Points Tesla shares rose 2.7% on Friday to about $458.96 (intraday high $463.01), valuing the company near $1.53 trillion and reflecting a high trailing P/E (~306). Analyst sentiment is mixed: MarketBeat shows a consensus Hold with a $399.33 target, though some firms are much more bullish (President Capital raised its target to $529) while others rate it underperform or sell. Recent results beat estimates—$0.50 EPS vs. $0.48 expected and $28.10B revenue (up 11.6% YoY)—but insiders sold about 119,457 shares (~$52.1M) in the last quarter, including a large sale by Kimbal Musk. Market Momentum: 3 Stocks Poised for Major Breakouts In other Tesla news, Director Kimbal Musk sold 56,820 shares of the business's stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total value of $25,606,501.20. Following the completion of the transaction, the director directly owned 1,391,615 shares of the company's stock, valued at approximately $627,145,215.90. The trade was a 3.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Vaibhav Taneja sold 2,637 shares of the company's stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $443.93, for a total value of $1,170,643.41. Following the completion of the sale, the chief financial officer owned 13,757 shares in the company, valued at approximately $6,107,145.01. This represents a 16.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 119,457 shares of company stock valued at $52,137,945 in the last quarter. 19.90% of the stock is currently owned by company insiders. Institutional Trading of Tesla A number of hedge funds have recently added to or reduced their stakes in TSLA. Siren L.L.C. purchased a new position in shares of Tesla in the 1st quarter worth about $2,332,000. Zuckerman Investment Group LLC increased its position in Tesla by 6.9% during the 1st quarter. Zuckerman Investment Group LLC now owns 12,748 shares of the electric vehicle producer's stock worth $3,304,000 after purchasing an additional 826 shares in the last quarter. Norges Bank purchased a new position in Tesla in the second quarter valued at approximately $11,839,824,000. Police & Firemen s Retirement System of New Jersey lifted its position in Tesla by 5.6% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 427,150 shares of the electric vehicle producer's stock valued at $135,688,000 after buying an additional 22,607 shares in the last quarter. Finally, Keystone Global Partners LLC purchased a new stake in Tesla during the first quarter worth approximately $594,000. 66.20% of the stock is owned by hedge funds and other institutional investors. Tesla Company Profile