Image from MarketBeat Media, LLC. Key Points Capital Asset Advisory Services LLC reduced its Tesla stake by 5.2%, selling 1,038 shares in Q3 and now holding 18,879 shares valued at $8.396 million. Company insiders executed sizable sales: Director Kimbal Musk sold 56,820 shares for about $25.6M (a 3.92% ownership drop) and CFO Vaibhav Taneja sold 2,637 shares for about $1.17M (a 16.09% drop), with insiders still owning 19.90% of the stock. Market and analyst picture: MarketBeat's consensus is a 'Hold' with an average target of $400.86, though several analysts raised targets into the $480–$530 range; TSLA trades near $489.88 with a $1.63T market cap and a P/E of 326.59. Tesla Bulls See $500 Ahead—But Bears Warn of a Painful Reversal TSLA opened at $489.88 on Wednesday. The firm's fifty day simple moving average is $437.09 and its two-hundred day simple moving average is $378.24. Tesla, Inc. has a 52-week low of $214.25 and a 52-week high of $491.50. The company has a market cap of $1.63 trillion, a price-to-earnings ratio of 326.59, a PEG ratio of 11.88 and a beta of 1.87. The company has a quick ratio of 1.67, a current ratio of 2.07 and a debt-to-equity ratio of 0.07. Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.02. The firm had revenue of $28.10 billion during the quarter, compared to the consensus estimate of $24.98 billion. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The company's revenue for the quarter was up 11.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.72 EPS. Equities analysts anticipate that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. About Tesla