Image from MarketBeat Media, LLC. Key Points Client 1ST Advisory Group LLC bought a new stake of 2,377 Tesla shares in Q4, valued at about $1.07 million, while institutional investors now own roughly 66.2% of the stock and Norges Bank is reported to have acquired a very large stake. Analysts give Tesla an average rating of Hold with a mean target of $406.84; the company has a $1.45 trillion market cap and a high P/E (~357) after reporting Q4 EPS of $0.50 (beat) on $24.9B revenue, which was down 3.1% year‑over‑year. Notable insider selling occurred recently—Director James R. Murdoch sold 60,000 shares (~$26.7M) and CFO Vaibhav Taneja sold 2,264 shares—with insiders disposing ~87,995 shares (~$38.3M) over the last 90 days while insiders still own ~19.9% of the company. Rivian’s Making a Big Pivot, and the Results Could Be Huge Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results 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 firm had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. Tesla's revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.73 earnings per share. Equities analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current year. Insider Transactions at Tesla In related news, Director James R. Murdoch sold 60,000 shares of the company's stock in a transaction on Friday, January 2nd. The shares were 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 represents a 9.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Vaibhav Taneja sold 2,264 shares of the stock in a transaction on Friday, March 6th. The shares were sold at an average price of $397.03, for a total value of $898,875.92. Following the completion of the sale, the chief financial officer 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. The disclosure for this sale is available in the SEC filing. Insiders sold 87,995 shares of company stock valued at $38,315,650 over the last 90 days. Corporate insiders own 19.90% of the company's stock. Trending Headlines about Tesla