Image from MarketBeat Media, LLC. Key Points Legal & General trimmed its Tesla stake by 5.4% in Q3, selling 1,087,084 shares and now holds 19,138,014 shares (about 0.58% of Tesla, valued at $8.51B), making TSLA its eighth-largest holding (~1.9% of the firm's portfolio). Tesla beat quarterly EPS estimates with $0.50 (vs. $0.45 expected) on revenue of $24.9 billion, though revenue was down 3.1% year-over-year; the company has a market cap of about $1.5 trillion and a P/E near 369. Insiders have been net sellers (87,995 shares sold in the last 90 days, including a 25,731-share sale by a director and 2,264 shares by the CFO), leaving insiders with 19.90% ownership while institutional investors own ~66.20% of the stock. MarketBeat Week in Review – 03/02 - 03/06 In other news, Director Kathleen Wilson-Thompson sold 25,731 shares of the company's stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $415.56, for a total transaction of $10,692,774.36. Following the completion of the sale, the director owned 19,669 shares in the company, valued at $8,173,649.64. This represents a 56.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Vaibhav Taneja sold 2,264 shares of the stock in a transaction on Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the sale, the chief financial officer directly owned 18,106 shares of the company's stock, valued at approximately $7,188,625.18. This represents a 11.11% 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 87,995 shares of company stock valued at $38,315,650. Company insiders own 19.90% of the company's stock. Analyst Upgrades and Downgrades Several research firms have issued reports on TSLA. President Capital decreased their price objective on shares of Tesla from $517.00 to $500.00 and set a "buy" rating for the company in a research note on Friday, January 30th. HSBC reissued a "reduce" rating on shares of Tesla in a report on Monday, November 17th. Truist Financial decreased their target price on Tesla from $439.00 to $438.00 and set a "hold" rating for the company in a research report on Thursday, January 29th. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Tesla in a research report on Tuesday, January 27th. Finally, Morgan Stanley set a $415.00 price objective on Tesla and gave the company an "equal weight" rating in a research note on Thursday, January 29th. Nineteen analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and nine have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $406.84.