Image from MarketBeat Media, LLC. Key Points Sigma Planning Corp trimmed its Tesla stake by 25.6% in Q3, selling 13,558 shares and leaving 39,325 shares worth $17,489,000 (about 0.5% of its portfolio and its 26th largest holding). Insider selling has been significant: CFO Vaibhav Taneja sold 2,637 shares and director James R. Murdoch sold 60,000 shares, with insiders offloading 119,457 shares worth $53.5M in the last 90 days and now owning 19.9% of Tesla. Company and market outlook: Tesla’s market cap is ~$1.55T, it beat Q4 EPS estimates ($0.50 vs. $0.45) despite revenue declining 3.1% YoY, and analyst coverage is mixed (average target $408; 18 Buys, 14 Holds, 9 Sells). Tesla’s Rally Setup Is Here—But Valuation Makes It Fragile In other news, CFO Vaibhav Taneja sold 2,637 shares of the company's stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $443.93, for a total value of $1,170,643.41. Following the completion of the sale, the chief financial officer directly owned 13,757 shares in the company, valued at $6,107,145.01. This represents a 16.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, 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 transaction, the director owned 577,031 shares in the company, valued at approximately $257,009,607.40. The trade was a 9.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 119,457 shares of company stock worth $53,501,145 in the last ninety days. Insiders own 19.90% of the company's stock. Wall Street Analysts Forecast Growth A number of analysts recently issued reports on the stock. Stifel Nicolaus set a $508.00 price target on shares of Tesla in a report on Thursday, January 29th. Glj Research reiterated a "sell" rating on shares of Tesla in a research report on Thursday. Canaccord Genuity Group set a $520.00 target price on Tesla in a research report on Thursday, January 29th. Phillip Securities cut their price target on Tesla from $220.00 to $215.00 and set a "sell" rating for the company in a research note on Monday, February 2nd. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on Tesla from $500.00 to $480.00 and set a "buy" rating for the company in a report on Friday, January 30th. Eighteen analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and nine have given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $408.09.