Image from MarketBeat Media, LLC. Key Points Maridea Wealth Management increased its Tesla stake by 30.5% in Q3, buying 2,344 shares to hold 10,032 shares worth $4.49 million, about 0.7% of its portfolio and its 29th largest position. Significant insider selling has occurred recently — directors James R. Murdoch and Kimbal Musk sold large blocks (60,000 and 56,820 shares respectively) and insiders have sold 119,457 shares worth $53.5 million over the last 90 days (insiders now own 19.9%). Tesla trades with a P/E of 380.21 and a market cap of $1.54 trillion; institutional ownership is ~66.2% and analysts' consensus is a "Hold" with an average target of $408.09. Tesla P/E Hits 400: 2 Reasons It's Still a Buy, 1 to Avoid In other Tesla news, Director James R. Murdoch sold 60,000 shares of the company's stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the completion of the sale, the director directly owned 577,031 shares in the company, valued at $257,009,607.40. This represents a 9.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of Tesla 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 completion of the transaction, the director directly owned 1,391,615 shares in the company, valued at $627,145,215.90. This represents a 3.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 119,457 shares of company stock worth $53,501,145. 19.90% of the stock is owned by insiders. Wall Street Analyst Weigh In Several analysts recently commented on the stock. Morgan Stanley set a $415.00 price objective on shares of Tesla and gave the company an "equal weight" rating in a research note on Thursday, January 29th. DZ Bank reiterated a "sell" rating on shares of Tesla in a research report on Thursday, January 29th. Glj Research restated a "sell" rating on shares of Tesla in a research report on Thursday, January 29th. Wells Fargo & Company lowered their target price on Tesla from $130.00 to $125.00 and set an "underweight" rating on the stock in a report on Thursday, January 29th. Finally, Barclays reissued a "neutral" rating on shares of Tesla in a report on Friday, February 6th. Eighteen analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and nine have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $408.09.