Image from MarketBeat Media, LLC. Key Points Prospera Financial Services increased its Tesla stake by 38.9% in Q2, buying 13,800 shares to hold 49,238 shares valued at about $15.64 million. Company insiders sold a total of 202,606 shares (≈$75.59 million) over the last quarter, including Director James Murdoch's sale of 120,000 shares, leaving insiders with roughly 19.9% ownership. Analysts are mixed: MarketBeat shows one Strong Buy, 21 Buy, 13 Hold and 11 Sell ratings, giving Tesla an average rating of "Hold" and a consensus price target of $391.08. 3 Reasons Tesla Could Be a $500 Stock by the End of the Month Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share 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 company had revenue of $28.10 billion during the quarter, compared to analysts' expectations of $24.98 billion. During the same period in the prior year, the business posted $0.72 earnings per share. The firm's revenue for the quarter was up 11.6% on a year-over-year basis. On average, equities research analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Insider Activity In related 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 value of $42,034,800.00. Following the completion of the transaction, the director directly owned 697,031 shares of the company's stock, valued at approximately $244,162,988.99. This represents a 14.69% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction on Monday, September 8th. The stock was sold at an average price of $352.38, for a total transaction of $918,302.28. Following the sale, the chief financial officer directly 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 SEC filing for this sale provides additional information. Insiders have sold a total of 202,606 shares of company stock worth $75,588,902 over the last quarter. 19.90% of the stock is currently owned by corporate insiders. Tesla Company Profile