Image from MarketBeat Media, LLC. Key Points Stokes Family Office LLC trimmed its position in Tesla, selling 962 shares (a 22.6% reduction) and now holding 3,292 shares worth about $1,046,000 per its SEC filing. There has been notable selling activity from insiders—SVP Xiaotong Zhu sold 20,000 shares and Director James R. Murdoch sold 60,000—contributing to 202,606 insider-shares sold (~$75.6M) over the past 90 days; insiders own 19.90% while institutions own 66.20% of the stock. Wall Street consensus is a Hold with an average price target of $391.08, even as TSLA traded near $429.52 (market cap ~$1.43T) following a quarterly EPS beat ($0.50 vs. $0.48) and $28.1B in revenue. 3 Reasons Tesla Could Be a $500 Stock by the End of the Month Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS for the quarter, topping the consensus estimate of $0.48 by $0.02. The firm had revenue of $28.10 billion for the quarter, compared to the consensus estimate of $24.98 billion. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The company's quarterly revenue was up 11.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.72 earnings per share. As a group, analysts expect that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Insider Buying and Selling at Tesla In other Tesla news, SVP Xiaotong Zhu sold 20,000 shares of the business's stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $363.75, for a total value of $7,275,000.00. Following the completion of the sale, the senior vice president owned 47,600 shares in the company, valued at approximately $17,314,500. The trade was a 29.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director James R. Murdoch sold 60,000 shares of the firm's stock in a transaction that occurred on Monday, September 15th. The stock was sold at an average price of $422.68, for a total transaction of $25,360,800.00. Following the completion of the transaction, the director owned 637,031 shares in the company, valued at $269,260,263.08. This represents a 8.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 202,606 shares of company stock worth $75,588,902. 19.90% of the stock is currently owned by insiders. About Tesla