Image from MarketBeat Media, LLC. Key Points Newbridge Financial boosted its Tesla stake by 20.7% in Q2 to 31,426 shares (about $9.98 million), making TSLA roughly 1.6% of the firm's holdings and its 12th-largest position. Recent insider selling included CFO Vaibhav Taneja offloading 2,637 shares (~$1.17M) and director Kimbal Musk selling 56,820 shares (~$25.6M), modestly reducing their positions. Analysts are mixed: the consensus rating is a Hold with a $399.33 price target, even as several firms raised targets and Tesla reported an earnings and revenue beat; the stock carries a high valuation (market cap ~$1.53T, P/E ~306). Market Momentum: 3 Stocks Poised for Major Breakouts Tesla (NASDAQ:TSLA - Get Free Report) last announced its earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $24.98 billion. During the same period in the previous year, the firm earned $0.72 earnings per share. Tesla's revenue for the quarter was up 11.6% compared to the same quarter last year. As a group, equities analysts predict that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Insider Activity In other Tesla news, CFO Vaibhav Taneja sold 2,637 shares of Tesla stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $443.93, for a total transaction of $1,170,643.41. Following the transaction, the chief financial officer directly owned 13,757 shares in the company, valued at approximately $6,107,145.01. The trade was a 16.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Kimbal Musk sold 56,820 shares of the stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the completion of the sale, the director owned 1,391,615 shares of the company's stock, valued at $627,145,215.90. The trade was a 3.92% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 19.90% of the company's stock. Tesla Profile