Image from MarketBeat Media, LLC. Key Points Pursue Wealth Partners LLC reduced its Tesla stake by 19.0% in Q3 to 6,633 shares valued at about $2.95 million, making TSLA 1.6% of the firm's holdings and its 17th largest position. Significant insider selling continued—Director James R. Murdoch sold 60,000 shares and insiders sold 119,457 shares worth ~$53.5 million in the last quarter, leaving insiders with 19.90% ownership. Wall Street is mixed: the consensus rating is "Hold" with an average target of $408.09, though some firms have buy ratings and targets up to $550; Tesla's valuation remains high (market cap ~$1.57T, P/E ~386.5) despite an EPS beat and a 3.1% year-over-year revenue decline last quarter. MarketBeat Week in Review – 02/02 - 02/06 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, topping analysts' consensus estimates 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 the consensus estimate of $24.75 billion. During the same quarter in the previous year, the business earned $0.73 earnings per share. The business's revenue was down 3.1% compared to the same quarter last year. Sell-side analysts predict that Tesla, Inc. will post 2.56 EPS for the current year. Wall Street Analysts Forecast Growth Several research analysts have recently weighed in on TSLA shares. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Tesla in a research report on Tuesday, January 27th. Mizuho set a $540.00 price target on shares of Tesla and gave the stock an "outperform" rating in a research note on Thursday, January 29th. Canaccord Genuity Group set a $520.00 price objective on shares of Tesla in a report on Thursday, January 29th. President Capital reduced their target price on shares of Tesla from $517.00 to $500.00 and set a "buy" rating for the company in a report on Friday, January 30th. Finally, Tigress Financial assumed coverage on shares of Tesla in a research report on Thursday. They set a "buy" rating and a $550.00 price target on the stock. Eighteen analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and nine have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $408.09.