Image from MarketBeat Media, LLC. Key Points ABN Amro Investment Solutions bought a new position of 26,748 shares of Tesla in Q3, valued at about $11.9 million according to its latest 13F filing. Insiders sold a total of 119,457 shares (≈$53.5M) last quarter and some large funds have trimmed positions, even as hedge funds and other institutions still own 66.20% of the company. Tesla trades with a market cap of $1.57 trillion and a high valuation (P/E ≈ 386.5); it recently beat quarterly EPS ($0.50 vs. $0.45) on $24.9B revenue (down 3.1% YoY) and the consensus analyst rating is a "Hold" with an average target of $408.09. MarketBeat Week in Review – 02/02 - 02/06 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 the consensus estimate of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The firm had revenue of $24.90 billion for the quarter, compared to analysts' expectations of $24.75 billion. During the same quarter last year, the firm posted $0.73 EPS. The company's revenue was down 3.1% compared to the same quarter last year. On average, research analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Analyst Upgrades and Downgrades A number of analysts have issued reports on TSLA shares. William Blair reissued a "market perform" rating on shares of Tesla in a research report on Friday, January 2nd. Canaccord Genuity Group set a $520.00 price target on Tesla in a research note on Thursday, January 29th. The Goldman Sachs Group restated a "neutral" rating and issued a $405.00 price objective on shares of Tesla in a research note on Thursday, January 29th. UBS Group lifted their target price on shares of Tesla from $307.00 to $352.00 and gave the stock a "sell" rating in a research note on Thursday, January 29th. Finally, Royal Bank Of Canada reissued an "outperform" rating and issued a $500.00 price target on shares of Tesla in a research report on Thursday, January 29th. Eighteen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and nine have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $408.09.