Image from MarketBeat Media, LLC. Key Points Vantage Financial Partners LLC cut its Tesla stake by 77.9% in Q3, selling 5,244 shares and leaving 1,488 shares worth about $662,000. Insider selling has been heavy: James R. Murdoch sold 60,000 shares and Kimbal Musk sold 56,820 shares, with insiders disposing of 119,457 shares (~$53.5M) in the last 90 days (insiders now own 19.9%). Tesla reported an EPS beat of $0.50 vs. $0.45 and $24.90B in revenue (down 3.1% YoY), but the stock trades at a very high valuation (P/E ~376, market cap ~$1.52T) amid mixed analyst views and a consensus Hold target of $403.92. Revisiting Hertz’s Amazon Partnership 5 Months Later: The Good, the Bad, the Risk 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 the consensus estimate of $0.45 by $0.05. The business had revenue of $24.90 billion during the quarter, compared to analysts' expectations of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The firm's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.73 EPS. Equities research analysts forecast that Tesla, Inc. will post 2.56 EPS for the current year. Insider Buying and Selling In other news, Director James R. Murdoch sold 60,000 shares of Tesla 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 sale, the director directly owned 577,031 shares in the company, valued at approximately $257,009,607.40. This trade represents a 9.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kimbal Musk sold 56,820 shares of the business's stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the transaction, the director directly owned 1,391,615 shares in the company, valued at $627,145,215.90. This trade represents a 3.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 119,457 shares of company stock valued at $53,501,145 over the last ninety days. 19.90% of the stock is owned by insiders. Analyst Upgrades and Downgrades