Key Points Tesla shares rose 1.8%, trading at approximately $460.55, with a notable decline in trading volume compared to average levels. Analysts have set varied price targets for Tesla, with TD Cowen increasing it to $509.00 while maintaining a "buy" rating, contrasting with a lower target of $300.00 from Industrial Alliance Securities. The company reported earnings of $0.50 EPS for the last quarter, surpassing expectations and generating revenue of $28.10 billion, a 11.6% year-over-year increase. How Much Risk Is Too Much? Here Come 5X Leveraged ETFs In other news, CFO Vaibhav Taneja sold 2,606 shares of the firm's stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $352.38, for a total transaction of $918,302.28. Following the completion of the sale, the chief financial officer owned 9,856 shares in the company, valued at approximately $3,473,057.28. This trade represents a 20.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Xiaotong Zhu sold 20,000 shares of the firm's stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $363.75, for a total transaction of $7,275,000.00. Following the sale, the senior vice president owned 47,600 shares of the company's stock, valued at approximately $17,314,500. This represents a 29.59% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 202,606 shares of company stock worth $75,588,902. 19.90% of the stock is owned by insiders. Hedge Funds Weigh In On Tesla A number of hedge funds have recently bought and sold shares of TSLA. Brighton Jones LLC increased its position in Tesla by 11.8% during the fourth quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer's stock worth $35,509,000 after acquiring an additional 9,293 shares during the period. Revolve Wealth Partners LLC increased its holdings in Tesla by 21.2% in the 4th quarter. Revolve Wealth Partners LLC now owns 5,317 shares of the electric vehicle producer's stock valued at $2,147,000 after buying an additional 931 shares during the period. Bison Wealth LLC increased its holdings in Tesla by 52.2% in the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer's stock valued at $4,187,000 after buying an additional 3,558 shares during the period. Golden State Wealth Management LLC increased its holdings in Tesla by 6.4% in the 1st quarter. Golden State Wealth Management LLC now owns 17,619 shares of the electric vehicle producer's stock valued at $4,566,000 after buying an additional 1,053 shares during the period. Finally, Colonial River Investments LLC increased its holdings in Tesla by 60.3% in the 1st quarter. Colonial River Investments LLC now owns 9,824 shares of the electric vehicle producer's stock valued at $2,546,000 after buying an additional 3,695 shares during the period. 66.20% of the stock is owned by institutional investors. Tesla Company Profile