Image from MarketBeat Media, LLC. Key Points Capital Group Investment Management PTE. LTD. trimmed its Tesla stake by 3.0% in the fourth quarter, selling 1,996 shares and ending with 65,579 shares valued at about $29.5 million. Institutional ownership remains heavy, with hedge funds and other institutions holding 66.2% of Tesla’s stock. Several large managers, including Vanguard, State Street, and Geode, also reported sizable Tesla positions. Analysts are mixed on Tesla: the average rating is Hold with an average price target of $404.37, while recent commentary has focused on optimism around autonomous driving and robotics alongside ongoing valuation and competition concerns. MarketBeat Week in Review – 05/18 - 05/22 In related news, Director Kathleen Wilson-Thompson sold 26,409 shares of the firm's stock in a transaction 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 directly owned 48,399 shares of the company's stock, valued at approximately $18,300,145.89. This trade represents a 35.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible 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 firm's stock in a transaction 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 directly owned 18,106 shares of the company's stock, valued at $8,147,700. The trade was a 14.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 55,218 shares of company stock valued at $20,609,455 over the last ninety days. 19.90% of the stock is currently owned by corporate insiders. Tesla Stock Performance Shares of NASDAQ TSLA opened at $391.00 on Friday. The firm has a fifty day moving average price of $395.33 and a 200-day moving average price of $416.06. 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 $1.47 trillion, a PE ratio of 358.72, a price-to-earnings-growth ratio of 15.44 and a beta of 1.80. Tesla, Inc. has a 1 year low of $281.85 and a 1 year high of $498.83. Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.39 by $0.02. The firm had revenue of $22.39 billion during the quarter, compared to analysts' expectations of $22.96 billion. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The company's revenue for the quarter was up 15.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.27 earnings per share. Equities analysts anticipate that Tesla, Inc. will post 1.2 earnings per share for the current fiscal year. About Tesla