Image from MarketBeat Media, LLC. Key Points EP Wealth Advisors LLC increased its Tesla stake by 12.1% in Q2, purchasing 11,080 shares to hold 102,944 shares valued at about $32.7 million. Major institutions also made big moves — Norges Bank bought a new stake worth roughly $11.84 billion, Vanguard now owns 251,390,681 shares (~$79.86 billion), and institutional investors collectively hold 66.20% of Tesla stock. Analysts' consensus is a Hold with an average price target of $399.33; Tesla trades near $459 with a $1.53 trillion market cap and a P/E of about 306. Market Momentum: 3 Stocks Poised for Major Breakouts Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The firm had revenue of $28.10 billion for the quarter, compared to analyst estimates of $24.98 billion. During the same quarter in the previous year, the company posted $0.72 EPS. The business's revenue was up 11.6% on a year-over-year basis. Sell-side analysts expect that Tesla, Inc. will post 2.56 EPS for the current year. Insiders Place Their Bets In other Tesla news, Director James R. Murdoch sold 60,000 shares of the company'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 owned 637,031 shares of the company's stock, valued at approximately $269,260,263.08. This represents a 8.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of the business's stock in a transaction dated Tuesday, December 9th. The shares were 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 in the company, valued at $627,145,215.90. This represents a 3.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 119,457 shares of company stock worth $52,137,945. 19.90% of the stock is currently owned by insiders. Tesla Company Profile