Image from MarketBeat Media, LLC. Key Points Headlands Technologies LLC trimmed its Tesla stake by 31.3%, selling 11,827 shares in Q2 and leaving 25,916 shares valued at about $8.23 million (roughly 1.0% of its holdings). Analysts have a consensus Hold rating with a $399.33 target, while Tesla was trading near $458.96 with a market cap of $1.53 trillion and a P/E of ~306, leaving the stock above the consensus target. Insiders sold 119,457 shares (≈$52.1 million) over the last three months but still own 19.90% of the company, and institutional investors hold 66.20% of Tesla stock. Market Momentum: 3 Stocks Poised for Major Breakouts Tesla (NASDAQ:TSLA - Get Free Report) last issued its earnings results 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. The company had revenue of $28.10 billion during the quarter, compared to analysts' expectations of $24.98 billion. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The business's revenue for the quarter was up 11.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.72 EPS. Analysts predict that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Insiders Place Their Bets In other Tesla news, Director James R. Murdoch sold 60,000 shares of the firm's stock in a transaction on Monday, September 15th. The stock was sold at an average price of $422.68, for a total value 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 trade represents a 8.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Vaibhav Taneja sold 2,637 shares of Tesla stock in a transaction on Monday, December 8th. The shares were sold at an average price of $443.93, for a total value of $1,170,643.41. Following the completion of the transaction, the chief financial officer owned 13,757 shares in the company, valued at approximately $6,107,145.01. The trade was a 16.09% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 119,457 shares of company stock worth $52,137,945 over the last three months. Insiders own 19.90% of the company's stock. Tesla Company Profile