Image from MarketBeat Media, LLC. Key Points KLP Kapitalforvaltning AS increased its Tesla stake 6.3% in Q3 to 1,098,110 shares worth $488.35 million, making TSLA its 8th largest holding and 1.9% of the firm's assets. Insider selling has been notable recently: CFO Vaibhav Taneja sold 2,637 shares and Director James R. Murdoch sold 60,000 shares, with insiders offloading 119,457 shares (~$53.5M) over the last 90 days; insiders still own 19.9% of the stock. Analyst coverage is mixed with an average rating of "Hold" and an average price target of $408.54 (below the recent ~$445 share price); Tesla trades at a market cap of about $1.48 trillion and a high PE (~297), reflecting premium valuation and divergent views. MarketBeat Week in Review – 01/05 - 01/09 Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.48 by $0.02. The business had revenue of $28.10 billion during the quarter, compared to the consensus estimate of $24.98 billion. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The company's quarterly revenue was up 11.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.72 EPS. As a group, equities research analysts expect that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Analysts Set New Price Targets TSLA has been the topic of several recent analyst reports. BNP Paribas increased their price target on Tesla from $307.00 to $313.00 in a report on Monday, December 1st. CICC Research boosted their target price on shares of Tesla from $450.00 to $500.00 and gave the company an "outperform" rating in a research report on Thursday, December 18th. Evercore ISI raised their price target on shares of Tesla from $235.00 to $300.00 and gave the stock a "neutral" rating in a report on Wednesday, October 29th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Tesla in a research note on Thursday, October 30th. Finally, President Capital cut their price objective on shares of Tesla from $529.00 to $517.00 and set a "buy" rating on the stock in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have issued a Hold rating and nine have given a Sell rating to the stock. Based on data from MarketBeat, Tesla has an average rating of "Hold" and an average price target of $408.54.