Key Points Bank of America has increased Tesla's price target from $341.00 to $471.00, indicating a potential upside of 2.27% from the stock's previous close, while maintaining a "neutral" rating. Other analysts have varying price objectives for Tesla, with Mizuho setting a target of $485.00 and New Street Research raising theirs to $520.00, while Barclays maintained a "negative" outlook with a $350.00 target. Tesla reported a quarterly earnings per share (EPS) of $0.50, exceeding expectations, and had revenue of $28.10 billion for the quarter, an 11.6% increase compared to the same quarter last year. How Much Risk Is Too Much? Here Come 5X Leveraged ETFs In related news, Director James R. Murdoch sold 120,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $350.29, for a total transaction of $42,034,800.00. Following the transaction, the director owned 697,031 shares in the company, valued at $244,162,988.99. This trade represents a 14.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Xiaotong Zhu sold 20,000 shares of the firm's stock in a transaction that occurred 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 transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 202,606 shares of company stock worth $75,588,902 over the last quarter. 19.90% of the stock is currently owned by company insiders. Institutional Trading of Tesla A number of large investors have recently added to or reduced their stakes in the business. Brighton Jones LLC boosted its stake in Tesla by 11.8% in the 4th quarter. Brighton Jones LLC now owns 87,929 shares of the electric vehicle producer's stock worth $35,509,000 after purchasing an additional 9,293 shares during the period. Revolve Wealth Partners LLC boosted its stake 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 worth $2,147,000 after purchasing an additional 931 shares during the period. Bison Wealth LLC boosted its stake in Tesla by 52.2% in the 4th quarter. Bison Wealth LLC now owns 10,368 shares of the electric vehicle producer's stock worth $4,187,000 after purchasing an additional 3,558 shares during the period. Golden State Wealth Management LLC boosted its stake 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 worth $4,566,000 after purchasing an additional 1,053 shares during the period. Finally, Smallwood Wealth Investment Management LLC acquired a new stake in shares of Tesla during the 1st quarter valued at $47,000. 66.20% of the stock is currently owned by institutional investors. Tesla Company Profile