Image from MarketBeat Media, LLC. Key Points Los Angeles Capital Management LLC increased its Tesla stake by 49.7% in the fourth quarter, adding 262,359 shares and bringing its total to 790,762 shares valued at about $348 million. Tesla shares were down 6.6% in Friday trading, opening at $391, while the company still carries a massive $1.47 trillion market cap and trades at a very high valuation multiple. Recent fundamentals were mixed: Tesla beat quarterly EPS estimates at $0.41 per share, but revenue came in slightly below expectations, even as analysts and recent reports remain focused on its long-term AI, robotics, and autonomous-driving potential. MarketBeat Week in Review – 05/18 - 05/22 In other news, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $378.11, for a total value of $9,985,506.99. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Vaibhav Taneja sold 3,000 shares of the 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 sale, the chief financial officer directly owned 18,106 shares of the company's stock, valued at $8,147,700. This represents a 14.21% decrease in their ownership of the stock. 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. Insiders sold 55,218 shares of company stock valued at $20,609,455 over the last three months. 19.90% of the stock is owned by company insiders. Analyst Ratings Changes Several research firms have issued reports on TSLA. Royal Bank Of Canada restated a "buy" rating on shares of Tesla in a report on Monday, April 27th. Sanford C. Bernstein upgraded Tesla from an "underperform" rating to an "outperform" rating in a report on Friday. Robert W. Baird cut their price objective on Tesla from $538.00 to $522.00 and set an "outperform" rating on the stock in a report on Friday, April 24th. Evercore upgraded Tesla from a "hold" rating to an "outperform" rating in a report on Friday. Finally, Roth Mkm restated a "buy" rating on shares of Tesla in a report on Thursday, April 23rd. Twenty-two analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and five have given a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $404.37.