Image from MarketBeat Media, LLC. Key Points London & Capital Asset Management Ltd trimmed its Tesla stake by 11.9%, selling 1,926 shares to hold 14,294 shares valued at $4.541 million per its latest 13F filing. Several large institutions — including Vanguard, Geode, Norges Bank, Legal & General and Amundi — increased or established sizable Tesla positions in Q2, leaving institutional ownership at 66.20%. Analysts are mixed with an average rating of "Hold" and a $399.33 target, while Tesla recently beat the quarter’s estimates (EPS $0.50 vs $0.48; revenue $28.10B vs $24.98B) despite a high P/E (~293) and $1.46 trillion market cap. Uber Gets a Street-High Upgrade as Robotaxis Roll Out in Dallas Tesla (NASDAQ:TSLA - Get Free Report) last issued its quarterly earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The company had revenue of $28.10 billion during the quarter, compared to the consensus estimate of $24.98 billion. During the same period last year, the business posted $0.72 earnings per share. Tesla's revenue was up 11.6% on a year-over-year basis. Sell-side analysts expect that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Insider Transactions at Tesla In related news, SVP Xiaotong Zhu sold 20,000 shares of the stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $363.75, for a total transaction of $7,275,000.00. Following the sale, the senior vice president owned 47,600 shares of the company's stock, valued at approximately $17,314,500. This represents a 29.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director James R. Murdoch sold 60,000 shares of the business's stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $422.68, for a total value of $25,360,800.00. Following the transaction, the director owned 637,031 shares of the company's stock, valued at approximately $269,260,263.08. The trade was a 8.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 19.90% of the company's stock. About Tesla