Image from MarketBeat Media, LLC. Key Points Grant Private Wealth Management opened a new position in Tesla, purchasing 11,516 shares in Q3 worth about $5.12 million, making TSLA 3.2% of its portfolio and its sixth-largest holding. Wall Street sentiment is mixed: MarketBeat's consensus rating is a Hold with a $400.86 average price target while analyst opinions range from Strong Buy to Reduce, and institutional investors own roughly 66.2% of the stock. Insiders have been selling recently—CFO Vaibhav Taneja sold 2,637 shares and director Kimbal Musk sold 56,820 shares—though insiders still own about 19.9% of Tesla's shares. Tesla Bulls See $500 Ahead—But Bears Warn of a Painful Reversal Tesla (NASDAQ:TSLA - Get Free Report) last posted its earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.48 by $0.02. The firm had revenue of $28.10 billion during the quarter, compared to the consensus estimate of $24.98 billion. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The company's revenue was up 11.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.72 EPS. Equities analysts predict that Tesla, Inc. will post 2.56 EPS for the current year. Insiders Place Their Bets In other Tesla news, CFO Vaibhav Taneja sold 2,637 shares of the firm's stock in a transaction dated 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 transaction, the chief financial officer directly owned 13,757 shares of the company's stock, valued at $6,107,145.01. This trade represents a 16.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of the company's stock in a transaction dated 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 sale, the director directly owned 1,391,615 shares of the company's stock, valued at $627,145,215.90. The trade was a 3.92% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 19.90% of the company's stock. Tesla Profile