Image from MarketBeat Media, LLC. Key Points Fluent Financial LLC raised its stake in Tesla by 238.6% in Q3 to 2,655 shares (about $1.18M), and institutional investors now hold 66.20% of the company. Tesla beat Q3 expectations with $0.50 EPS vs. $0.48 and revenue of $28.10B vs. $24.98B, while the stock trades at roughly a $1.60T market cap and a 320.8 P/E. Significant insider selling occurred — CFO Vaibhav Taneja sold 2,637 shares and director Kimbal Musk sold 56,820 shares (~$25.6M) — and analysts’ consensus is currently a Hold with a $404.14 price target amid mixed ratings. MarketBeat Week in Review – 12/8 - 12/12 In related news, CFO Vaibhav Taneja sold 2,637 shares of the stock in a transaction that occurred on Monday, December 8th. The stock was 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 owned 13,757 shares of the company's stock, valued at approximately $6,107,145.01. This trade represents a 16.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kimbal Musk sold 56,820 shares of Tesla stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $450.66, for a total value of $25,606,501.20. Following the transaction, the director owned 1,391,615 shares in the company, valued at approximately $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. 19.90% of the stock is owned by corporate insiders. Analyst Upgrades and Downgrades A number of research firms recently weighed in on TSLA. DZ Bank reaffirmed a "sell" rating on shares of Tesla in a report on Thursday, October 23rd. Evercore ISI upped their target price on Tesla from $235.00 to $300.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 29th. BNP Paribas increased their target price on Tesla from $307.00 to $313.00 in a research report on Monday, December 1st. Piper Sandler reissued an "overweight" rating and issued a $500.00 price target on shares of Tesla in a report on Tuesday, December 9th. Finally, Wall Street Zen raised shares of Tesla from a "sell" rating to a "hold" rating in a report on Saturday, October 25th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have given a Hold rating and nine have given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $404.14.