Image from MarketBeat Media, LLC. Key Points Westwood Wealth Management boosted its Tesla stake by 78.4% in Q3, purchasing an additional 6,460 shares to own 14,703 shares worth about $6.54 million, making TSLA its 11th-largest holding (~2.4% of assets). Tesla beat Q3 estimates with $0.50 EPS (vs. $0.48) and revenue of $28.10 billion, but carries a rich valuation (market cap ~$1.49 trillion, PE ~298) and an analyst consensus of "Hold" with a $408.54 target. Corporate insiders have sold 119,457 shares worth about $53.5 million in the past 90 days, and insiders now own roughly 19.9% of the stock. This ETF Is Proof That the Healthcare Rebound Is Real Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating 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 the consensus estimate of $24.98 billion. During the same quarter in the previous year, the business earned $0.72 EPS. The company's quarterly revenue was up 11.6% compared to the same quarter last year. Research analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year. Wall Street Analysts Forecast Growth TSLA has been the subject of several recent research reports. Melius Research set a $520.00 price objective on Tesla and gave the company a "buy" rating in a research note on Monday, October 13th. Robert W. Baird raised shares of Tesla from a "neutral" rating to an "outperform" rating and upped their price objective for the company from $320.00 to $548.00 in a research note on Friday, September 19th. Wells Fargo & Company restated an "underweight" rating and set a $130.00 target price (up from $120.00) on shares of Tesla in a report on Monday. Baird R W upgraded Tesla from a "hold" rating to a "strong-buy" rating in a research report on Friday, September 19th. Finally, Wall Street Zen upgraded Tesla from a "sell" rating to a "hold" rating in a report on Saturday, October 25th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating, fourteen have assigned a Hold rating and nine have issued a Sell rating to the stock. According to MarketBeat.com, Tesla presently has an average rating of "Hold" and a consensus target price of $408.54.