Image from MarketBeat Media, LLC. Key Points TFB Advisors LLC cut its Tesla stake by 55.3% in Q3, selling 2,893 shares and ending the period with 2,341 shares worth about $1.01 million. Analyst coverage is mixed — several firms raised targets (New Street to $600, TD Cowen to $519) but the consensus rating is a Hold with an average price target of $409.58 (17 Buy / 14 Hold / 8 Sell). Institutional ownership is 66.20% with large buys from players like Vanguard and Norges Bank, while insiders have sold recently (119,457 shares worth $53.5M in the last 90 days, including James R. Murdoch's 60,000‑share sale). Tesla Kills Legacy Models: Analyst Response Is Meh Tesla (NASDAQ:TSLA - Get Free Report) last released 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 net margin of 4.00% and a return on equity of 4.86%. The company had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. During the same period last year, the firm earned $0.73 earnings per share. The firm's revenue was down 3.1% on a year-over-year basis. As a group, analysts forecast that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Insider Transactions at Tesla In other news, Director James R. Murdoch sold 60,000 shares of the company's stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total value of $26,724,000.00. Following the completion of the transaction, the director directly owned 577,031 shares of the company's stock, valued at $257,009,607.40. This represents a 9.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Vaibhav Taneja sold 2,637 shares of the stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $443.93, for a total value of $1,170,643.41. Following the sale, the chief financial officer directly owned 13,757 shares of the company's stock, valued at $6,107,145.01. The trade was a 16.09% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 119,457 shares of company stock worth $53,501,145 in the last 90 days. Insiders own 19.90% of the company's stock. Key Stories Impacting Tesla