Image from MarketBeat Media, LLC. Key Points Federated Hermes Inc. increased its Tesla stake by 29.7% in Q3 to 331,337 shares (an additional 75,920 shares), raising its position to about $147.35 million. Tesla beat Q4 estimates with $0.50 EPS (vs. $0.45) and $24.9 billion in revenue, but reported its first annual revenue decline (~3%) and a sharp profit drop (~46%), signaling weakening vehicle demand. Insiders sold 119,457 shares worth $53.5 million during the last quarter — including Director Kimbal Musk's sale of 56,820 shares — though insiders still own 19.90% of the company. MarketBeat Week in Review – 01/19 - 01/23 Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating analysts' consensus estimates of $0.45 by $0.05. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The business had revenue of $24.90 billion during the quarter, compared to analysts' expectations of $24.75 billion. During the same quarter last year, the business posted $0.73 earnings per share. The business's revenue for the quarter was down 3.1% on a year-over-year basis. Sell-side analysts expect that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Analyst Ratings Changes Several analysts have recently commented on TSLA shares. Evercore ISI raised their target price on shares of Tesla from $235.00 to $300.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 29th. Canaccord Genuity Group raised their price objective on shares of Tesla from $482.00 to $551.00 and gave the company a "buy" rating in a research report on Tuesday, December 23rd. Stifel Nicolaus boosted their target price on Tesla from $483.00 to $508.00 and gave the stock a "buy" rating in a research report on Monday, November 17th. Royal Bank Of Canada reissued a "buy" rating and set a $500.00 target price on shares of Tesla in a research note on Friday, January 2nd. Finally, Melius Research set a $520.00 price target on Tesla and gave the company a "buy" rating in a research note on Monday, October 13th. Eighteen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and eight have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $410.77.