Image from MarketBeat Media, LLC. Key Points Fort Point Capital Partners LLC cut its Tesla stake by 62.8% in Q3, selling 7,015 shares and leaving 4,164 shares valued at about $1.85 million. Insider selling was substantial: Director Kathleen Wilson‑Thompson sold 25,731 shares and CFO Vaibhav Taneja sold 2,264, with insiders offloading a total of 87,995 shares (~$38.3M) in the quarter while owning 19.9% of the company. Tesla trades with a market cap of roughly $1.47 trillion and a P/E of 362; it beat EPS estimates ($0.50 vs. $0.45) despite revenue falling 3.1% YoY, and analysts’ consensus is a "Hold" with an average price target of $406.84. Tesla’s Big China Sales Spike Didn’t Excite Investors—Here’s Why Tesla (NASDAQ:TSLA - Get Free Report) last issued its earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The company had revenue of $24.90 billion for the quarter, compared to the consensus estimate of $24.75 billion. During the same quarter last year, the company earned $0.73 EPS. The firm's quarterly revenue was down 3.1% on a year-over-year basis. As a group, equities research analysts predict that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Analysts Set New Price Targets A number of research firms have issued reports on TSLA. Truist Financial cut their price target on Tesla from $439.00 to $438.00 and set a "hold" rating for the company in a research note on Thursday, January 29th. President Capital lowered their price objective on shares of Tesla from $517.00 to $500.00 and set a "buy" rating on the stock in a research note on Friday, January 30th. China Renaissance raised their price objective on shares of Tesla from $380.00 to $382.00 and gave the stock a "hold" rating in a report on Monday, February 2nd. Glj Research reaffirmed a "sell" rating on shares of Tesla in a report on Thursday. Finally, Morgan Stanley set a $415.00 price target on shares of Tesla and gave the stock an "equal weight" rating in a research report on Thursday, January 29th. Nineteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and nine have assigned a Sell rating to the company's stock. According to data from MarketBeat, Tesla presently has an average rating of "Hold" and an average price target of $406.84.