Image from MarketBeat Media, LLC. Key Points Banque Transatlantique SA cut its Tesla stake by 60.5% in Q2, selling 4,781 shares and leaving it with 3,118 shares worth about $981,000. Large institutional moves included a new roughly $11.84 billion position by Norges Bank and Kingstone Capital’s jump to 6.44 million shares, with about 66.2% of Tesla owned by institutional investors. Insiders have been selling: Director Kimbal Musk sold 56,820 shares for ~$25.6 million and CFO Vaibhav Taneja sold 2,637 shares, with insiders offloading 119,457 shares (~$52.1 million) in the past three months. Market Momentum: 3 Stocks Poised for Major Breakouts Shares of NASDAQ TSLA opened at $458.96 on Friday. The company has a current ratio of 2.07, a quick ratio of 1.67 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $1.53 trillion, a price-to-earnings ratio of 305.97, a price-to-earnings-growth ratio of 15.09 and a beta of 1.87. Tesla, Inc. has a twelve month low of $214.25 and a twelve month high of $488.54. The business has a 50 day simple moving average of $435.52 and a 200-day simple moving average of $376.19. Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $28.10 billion for the quarter, compared to analysts' expectations of $24.98 billion. During the same period last year, the business posted $0.72 earnings per share. The firm's revenue for the quarter was up 11.6% on a year-over-year basis. As a group, equities research analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year. About Tesla