Image from MarketBeat Media, LLC. Key Points The Manufacturers Life Insurance Company trimmed its Tesla stake by 3.7% in Q2, selling 88,588 shares and ending the quarter with 2,313,091 shares worth about $734.8M (roughly 0.07% of Tesla and ~0.7% of the insurer’s portfolio). Significant insider selling occurred: director James R. Murdoch sold 60,000 shares (~$25.36M) and CFO Vaibhav Taneja sold 2,637 shares (~$1.17M); insiders now hold 19.90% of Tesla. Tesla beat the most recent quarterly estimates with $0.50 EPS and $28.10B revenue, has a market cap of about $1.50T and a consensus analyst rating of “Hold” with an average target of $399.33. Market Momentum: 3 Stocks Poised for Major Breakouts 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 the consensus estimate 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 quarter last year, the company posted $0.72 EPS. The firm's revenue was up 11.6% compared to the same quarter last year. On average, research analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Insider Buying and Selling at Tesla In other Tesla news, Director James R. Murdoch sold 60,000 shares of the company's stock in a transaction dated 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 sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Vaibhav Taneja sold 2,637 shares of the stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $443.93, for a total value of $1,170,643.41. Following the completion of the sale, the chief financial officer directly owned 13,757 shares in the company, valued at $6,107,145.01. This represents a 16.09% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 19.90% of the company's stock. Wall Street Analysts Forecast Growth