Image from MarketBeat Media, LLC. Key Points Wedmont Private Capital raised its Tesla stake by 3.2%, buying 1,668 shares to hold 53,937 shares worth $23.36 million, making TSLA 0.9% of its portfolio and its 25th-largest holding. Tesla beat Q3 estimates with $0.50 EPS (vs. $0.48) and $28.10 billion in revenue (vs. $24.98 billion), with revenue up 11.6% year-over-year; the stock trades at a $1.61 trillion market cap and a P/E of 322.25. Insiders have been selling—CFO Vaibhav Taneja sold 2,637 shares and director Kimbal Musk sold 56,820 shares—leaving insiders with 19.9% ownership while institutions own about 66.2% of the stock. MarketBeat Week in Review – 12/8 - 12/12 Tesla (NASDAQ:TSLA - Get Free Report) last released its earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS for the quarter, topping the consensus estimate of $0.48 by $0.02. The firm had revenue of $28.10 billion for 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 quarterly revenue was up 11.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.72 earnings per share. Research analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Analyst Upgrades and Downgrades Several research firms recently weighed in on TSLA. Evercore ISI lifted their target price on Tesla from $235.00 to $300.00 and gave the company a "neutral" rating in a research report on Wednesday, October 29th. Robert W. Baird raised Tesla from a "neutral" rating to an "outperform" rating and raised their price objective for the stock from $320.00 to $548.00 in a research note on Friday, September 19th. Melius Research set a $520.00 price objective on Tesla and gave the company a "buy" rating in a research note on Monday, October 13th. Benchmark reissued a "buy" rating on shares of Tesla in a report on Thursday, October 23rd. Finally, New Street Research lifted their price target on shares of Tesla from $465.00 to $520.00 and gave the company a "buy" rating in a report on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, fourteen have given a Hold rating and nine have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $402.25.