Image from MarketBeat Media, LLC. Key Points Cullen Frost Bankers Inc. increased its Tesla stake by 9.1% in the fourth quarter, buying 5,813 additional shares and ending with 69,513 shares valued at about $31.3 million. Institutional ownership remains heavy, with multiple funds adding to positions and 66.20% of Tesla’s stock now held by institutional investors. Analyst sentiment is mixed but slightly cautious: Tesla has a Hold consensus rating and an average target price of $395.20, even as some firms recently raised targets or reiterated buy ratings. TSLA: 3 Reasons the Stock Could Hit $400 in May Shares of NASDAQ:TSLA opened at $404.11 on Wednesday. Tesla, Inc. has a one year low of $273.21 and a one year high of $498.83. The company has a 50 day moving average of $386.65 and a 200-day moving average of $417.28. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.04 and a quick ratio of 1.62. The stock has a market cap of $1.52 trillion, a price-to-earnings ratio of 370.74, a P/E/G ratio of 16.19 and a beta of 1.79. Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The electric vehicle producer reported $0.41 EPS for the quarter, topping the consensus estimate of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The company had revenue of $22.39 billion during the quarter, compared to analysts' expectations of $22.96 billion. During the same quarter in the previous year, the company earned $0.27 EPS. Tesla's revenue was up 15.8% on a year-over-year basis. On average, sell-side analysts forecast that Tesla, Inc. will post 1.2 earnings per share for the current year. Insider Activity at Tesla In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of the business's stock in a transaction that occurred on Thursday, April 30th. The shares were 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 owned 48,399 shares in the company, valued at approximately $18,300,145.89. The trade was a 35.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 transaction of $1,350,000.00. Following the transaction, the chief financial officer owned 18,106 shares of the company's stock, valued at approximately $8,147,700. This represents a 14.21% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders have sold 83,213 shares of company stock valued at $32,201,105. 19.90% of the stock is owned by corporate insiders. Tesla Company Profile