Image from MarketBeat Media, LLC. Key Points Ensign Peak Advisors trimmed its Tesla stake by 6.8% in Q2, selling 153,966 shares and now holds 2,108,228 shares (about 0.07% of Tesla) valued at ~$669.7 million, making TSLA 1.1% of Ensign Peak's portfolio and its 13th largest position. Significant insider selling: SVP Xiaotong Zhu sold 20,000 shares (~$7.28M) and Director James R. Murdoch sold 120,000 shares (~$42.03M); insiders sold 202,606 shares (~$75.59M) in the last quarter, leaving insiders with ~19.9% ownership. Tesla beat recent quarterly estimates with $0.50 EPS vs. $0.48 expected and $28.10B revenue vs. $24.98B, the company has a $1.34T market cap and an average analyst price target of $394.31 (consensus rating: Hold). Why Ford's Deal With Amazon Is Bigger Than You Think Several equities analysts recently commented on TSLA shares. Wall Street Zen upgraded Tesla from a "sell" rating to a "hold" rating in a research note on Saturday, October 25th. CICC Research raised their target price on shares of Tesla from $360.00 to $450.00 and gave the stock an "outperform" rating in a research report on Thursday, September 18th. New Street Research increased their price target on shares of Tesla from $465.00 to $520.00 and gave the stock a "buy" rating in a research note on Thursday, October 23rd. Canaccord Genuity Group lowered their price objective on shares of Tesla from $490.00 to $482.00 and set a "buy" rating for the company in a research note on Thursday, October 23rd. Finally, Truist Financial increased their target price on Tesla from $280.00 to $406.00 and gave the stock a "hold" rating in a research report on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, twelve have assigned a Hold rating and ten have issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $394.31.