Image from MarketBeat Media, LLC. Key Points Compound Planning Inc. trimmed its stake in Tesla by 9.7% in Q3 and now holds 41,684 shares worth about $18.54 million. Insiders reduced exposure recently—Director James R. Murdoch sold 60,000 shares for $26.72 million and insiders sold a total of 119,457 shares valued at $53.5 million last quarter, leaving insiders with roughly 19.9% ownership. Large institutions maintain major positions—Norges Bank opened a new ~$11.84 billion stake, Vanguard holds 251.39 million shares (~$79.86 billion), and institutional investors collectively own about 66.2% of Tesla. Tesla’s Rally Setup Is Here—But Valuation Makes It Fragile Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, beating the consensus estimate of $0.45 by $0.05. The company had revenue of $24.90 billion during the quarter, compared to the consensus estimate of $24.75 billion. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The firm's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.73 EPS. Analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Analyst Ratings Changes A number of equities research analysts have recently commented on the company. TD Cowen raised their price target on Tesla from $509.00 to $519.00 and gave the stock a "buy" rating in a research report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Tesla from $500.00 to $480.00 and set a "buy" rating on the stock in a report on Friday, January 30th. William Blair reiterated a "market perform" rating on shares of Tesla in a report on Friday, January 2nd. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $510.00 price objective on shares of Tesla in a research report on Thursday, January 29th. Finally, Dbs Bank upgraded Tesla to a "hold" rating in a report on Wednesday, November 5th. Eighteen research 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. Based on data from MarketBeat, Tesla currently has an average rating of "Hold" and a consensus target price of $408.09.