Image from MarketBeat Media, LLC. Key Points Lockheed Martin Investment Management Co. boosted its Tesla stake by 73.8% in the fourth quarter, buying 59,400 additional shares and bringing its total to 139,900 shares worth about $62.9 million. Tesla’s stock remains heavily owned by institutions, with hedge funds and other institutional investors holding 66.2% of the company, while major firms like Vanguard also increased their positions. Tesla reported quarterly earnings of $0.41 per share, topping estimates, though revenue of $22.39 billion came in slightly below expectations; meanwhile, insiders have been selling shares, including CFO Vaibhav Taneja and director Kathleen Wilson-Thompson. ';ad_container.style.height='auto';}},3000);TSLA: 3 Reasons the Stock Could Hit $400 in May Tesla (NASDAQ:TSLA - Get Free Report) last posted its earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, topping analysts' consensus estimates of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The business had revenue of $22.39 billion for the quarter, compared to analyst estimates of $22.96 billion. During the same quarter in the prior year, the firm posted $0.27 EPS. Tesla's revenue was up 15.8% on a year-over-year basis. As a group, analysts expect that Tesla, Inc. will post 1.2 earnings per share for the current fiscal year. Insider Buying and Selling In other Tesla news, CFO Vaibhav Taneja sold 3,000 shares of the business's stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $450.00, for a total value of $1,350,000.00. Following the completion of the transaction, the chief financial officer owned 18,106 shares of the company's stock, valued at $8,147,700. The trade was a 14.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the business's stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total transaction of $9,985,506.99. Following the completion of the transaction, the director directly owned 48,399 shares of the company's stock, valued at approximately $18,300,145.89. This represents a 35.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 83,213 shares of company stock valued at $32,201,105. Corporate insiders own 19.90% of the company's stock. Wall Street Analyst Weigh In