Key Points GWN Securities Inc. significantly reduced its holdings in Tesla, Inc. by 50.5%, selling 5,749 shares to own 5,626 shares valued at approximately $1.81 million. Tesla's quarterly earnings report revealed an earnings per share (EPS) of $0.50, surpassing analysts' estimates of $0.48, with a revenue of $28.10 billion, up 11.6% year-over-year. Several institutional investors increased their stakes in Tesla, with Brighton Jones LLC raising its holdings by 11.8%, while Colonial River Investments LLC grew its stake by 60.3% in recent quarters. How Much Risk Is Too Much? Here Come 5X Leveraged ETFs Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings results on Wednesday, October 22nd. The electric vehicle producer reported $0.50 EPS for the quarter, topping analysts' consensus estimates of $0.48 by $0.02. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The business had revenue of $28.10 billion during the quarter, compared to the consensus estimate of $24.98 billion. During the same period in the previous year, the firm posted $0.72 earnings per share. The company's quarterly revenue was up 11.6% compared to the same quarter last year. On average, equities analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current year. Insiders Place Their Bets In other Tesla news, Director James R. Murdoch sold 120,000 shares of the stock in a transaction on Tuesday, August 26th. The stock was 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 of the company's stock, valued at $244,162,988.99. This represents a 14.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Vaibhav Taneja sold 2,606 shares of the company'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 completion of the transaction, the chief financial officer owned 9,856 shares of the company's stock, valued at $3,473,057.28. The trade was a 20.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 202,606 shares of company stock valued at $75,588,902 in the last quarter. 19.90% of the stock is currently owned by company insiders. Analysts Set New Price Targets