Image from MarketBeat Media, LLC. Key Points Fifth Third Bancorp sold 10,224 shares of Tesla in Q3, trimming its stake by 2.4% to 417,264 shares valued at $185.566 million. Institutional moves are sizable — Vanguard and Norges Bank added/initiated large positions while insiders sold 119,457 shares worth $53.5 million, leaving institutions with 66.20% ownership and insiders with 19.90%. Tesla beat Q4 EPS estimates ($0.50 vs. $0.45) on $24.9 billion revenue (down 3.1% YoY), but analysts hold a consensus "Hold" rating with an average price target of $408.09 and a rich P/E of ~386.5. Tesla P/E Hits 400: 2 Reasons It's Still a Buy, 1 to Avoid Tesla (NASDAQ:TSLA - Get Free Report) last posted its 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. The business had revenue of $24.90 billion for 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% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.73 earnings per share. On average, equities research analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Insider Transactions at Tesla In other news, Director Kimbal Musk sold 56,820 shares of the company's stock in a transaction dated 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 sale, the director owned 1,391,615 shares of the company's stock, valued at approximately $627,145,215.90. This represents a 3.92% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director James R. Murdoch sold 60,000 shares of Tesla stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following 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. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 119,457 shares of company stock valued at $53,501,145. Corporate insiders own 19.90% of the company's stock. Tesla News Summary