Key Points Needham & Company LLC has reiterated a hold rating for Tesla (NASDAQ:TSLA) in their latest investor note. Analysts have mixed perspectives on Tesla, with ratings ranging from underperform to strong buy, and an average price target of $366.73. Tesla's recent earnings report showed earnings per share of $0.50, beating estimates by $0.02, with a revenue of $28.10 billion for the quarter, indicating a strong year-over-year growth of 11.6%. Lithium Americas: Why This 31% Rally Is More Than Just a Headline In other news, CFO Vaibhav Taneja sold 2,606 shares of the business's stock in a transaction on Monday, September 8th. The shares were sold at an average price of $352.38, for a total value of $918,302.28. Following the sale, the chief financial officer owned 9,856 shares in the company, valued at approximately $3,473,057.28. The trade was a 20.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Xiaotong Zhu sold 20,000 shares of the business's stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $363.75, for a total transaction of $7,275,000.00. Following the completion of the sale, the senior vice president owned 47,600 shares in the company, valued at $17,314,500. This represents a 29.59% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 202,606 shares of company stock valued at $75,588,902 in the last 90 days. 19.90% of the stock is currently owned by company insiders. Institutional Investors Weigh In On Tesla Institutional investors and hedge funds have recently made changes to their positions in the company. Chapman Financial Group LLC acquired a new position in Tesla during the 2nd quarter worth about $26,000. Arcadia Investment Management Corp MI bought a new stake in Tesla during the 1st quarter worth about $27,000. Chelsea Counsel Co. raised its holdings in Tesla by 59.7% during the 1st quarter. Chelsea Counsel Co. now owns 107 shares of the electric vehicle producer's stock worth $28,000 after purchasing an additional 40 shares during the last quarter. Centennial Bank AR raised its holdings in Tesla by 833.3% during the 1st quarter. Centennial Bank AR now owns 112 shares of the electric vehicle producer's stock worth $29,000 after purchasing an additional 100 shares during the last quarter. Finally, LGT Financial Advisors LLC bought a new stake in Tesla during the 2nd quarter worth about $29,000. Institutional investors and hedge funds own 66.20% of the company's stock. About Tesla