Image from MarketBeat Media, LLC. Key Points Investment House LLC cut its stake in Tesla by 43% in Q2, selling 2,097 shares and leaving 2,778 shares worth about $882,000. Large institutions continued to move into Tesla—Vanguard now holds ~251.4 million shares (~$79.9B) and Norges Bank opened a new ~$11.84B position—leaving institutional ownership at 66.20%, while insiders have sold 119,457 shares (~$52.1M) in the past 90 days and now own 19.90%. Tesla recently reported $0.50 EPS (beat) and $28.10B revenue (beat), and trades with a market cap of about $1.49T and a PE near 298. Market Momentum: 3 Stocks Poised for Major Breakouts Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The firm had revenue of $28.10 billion during the quarter, compared to analyst estimates of $24.98 billion. During the same period in the prior year, the company posted $0.72 earnings per share. The business's revenue for the quarter was up 11.6% compared to the same quarter last year. On average, sell-side analysts forecast that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Insider Activity at Tesla In other Tesla news, Director James R. Murdoch sold 60,000 shares of the business's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $422.68, for a total value of $25,360,800.00. Following the transaction, the director directly owned 637,031 shares in the company, valued at $269,260,263.08. The trade was a 8.61% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Vaibhav Taneja sold 2,637 shares of the company's stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 119,457 shares of company stock valued at $52,137,945 in the last ninety days. Insiders own 19.90% of the company's stock. Analyst Ratings Changes