Image from MarketBeat Media, LLC. Key Points Pinnacle Associates reduced its Tesla stake by 8.9% in Q3, selling 4,978 shares and holding 50,739 shares valued at about $22.57 million as of the latest 13F filing. Notable insider selling: directors Kimbal Musk and James R. Murdoch sold large blocks (56,820 and 60,000 shares respectively), and insiders have sold 142,551 shares worth ~$63.0 million over the last 90 days, though insiders still own 19.9% of the company. Tesla is trading below recent moving averages (stock down ~2.2%), with a market cap of $1.49 trillion and a high P/E (~367); analysts are mixed and the consensus rating is "Hold" with a $406.84 average price target amid both bullish (BofA upgrade, Europe registrations) and bearish (competitive charging tech, weak UK sales) signals. Tesla’s 2026 May Hinge on a March 9 Outcome In related news, Director Kimbal Musk sold 56,820 shares of Tesla stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total value of $25,606,501.20. Following the completion of the sale, the director directly owned 1,391,615 shares in the company, valued at $627,145,215.90. The trade was a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, 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 of the company's stock, valued at approximately $257,009,607.40. This trade represents a 9.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 142,551 shares of company stock worth $63,023,276. Company insiders own 19.90% of the company's stock. Analysts Set New Price Targets TSLA has been the topic of a number of analyst reports. President Capital cut their target price on Tesla from $517.00 to $500.00 and set a "buy" rating on the stock in a research note on Friday, January 30th. JPMorgan Chase & Co. dropped their price objective on Tesla from $150.00 to $145.00 and set an "underweight" rating for the company in a report on Friday, January 30th. William Blair reaffirmed a "market perform" rating on shares of Tesla in a research report on Friday, January 2nd. HSBC reiterated a "reduce" rating on shares of Tesla in a research note on Monday, November 17th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and set a $500.00 target price on shares of Tesla in a research report on Thursday, January 29th. Nineteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and nine have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $406.84.