Image from MarketBeat Media, LLC. Key Points Treasurer of the State of North Carolina increased its stake in Tesla by 11.9% to 1,495,462 shares, a holding worth about $475.05 million that represents roughly 1.5% of its portfolio and is its 8th largest position. Company insiders have been net sellers recently, disposing of 119,457 shares worth roughly $52.14 million in the last 90 days — notable sales include James R. Murdoch (60,000 shares) and Kimbal Musk (56,820 shares) — while insiders still own about 19.9% of Tesla. Analyst sentiment is mixed: the consensus rating is a "Hold" with an average target of $399.33, though some firms have higher targets (up to $520) and others maintain sell/neutral views. Market Momentum: 3 Stocks Poised for Major Breakouts Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $28.10 billion for the quarter, compared to the consensus estimate of $24.98 billion. During the same quarter in the prior year, the company posted $0.72 EPS. Tesla's quarterly revenue was up 11.6% on a year-over-year basis. On average, sell-side analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year. Analysts Set New Price Targets A number of research firms have recently commented on TSLA. Royal Bank Of Canada reiterated an "outperform" rating and set a $500.00 target price on shares of Tesla in a research report on Thursday, October 23rd. New Street Research increased their price objective on shares of Tesla from $465.00 to $520.00 and gave the company a "buy" rating in a research report on Thursday, October 23rd. DZ Bank restated a "sell" rating on shares of Tesla in a report on Thursday, October 23rd. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Tesla in a report on Thursday, October 30th. Finally, Bank of America boosted their price objective on Tesla from $341.00 to $471.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have assigned a Hold rating and nine have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $399.33.