Image from MarketBeat Media, LLC. Key Points CHICAGO TRUST Co NA cut its Tesla stake by 38.3% in Q3, selling 1,342 shares and retaining 2,158 shares valued at about $960,000 per its latest 13F filing. Significant insider selling occurred recently — CFO Vaibhav Taneja sold 2,637 shares and director Kimbal Musk sold 56,820 shares — with company insiders owning roughly 19.90% of Tesla. Tesla is trading higher amid mixed analyst views (consensus rating "Hold", target ≈ $404) and positive catalysts such as the Delaware Supreme Court reinstating Elon Musk’s 2018 pay package, while the stock carries a market cap of $1.63 trillion. Is Tesla Overvalued? 2 Reasons It Might Be a Bargain Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings data on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS for the quarter, beating the consensus estimate of $0.48 by $0.02. The business had revenue of $28.10 billion for the quarter, compared to the consensus estimate of $24.98 billion. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The business's revenue was up 11.6% on a year-over-year basis. During the same period in the previous year, the business earned $0.72 earnings per share. On average, analysts predict that Tesla, Inc. will post 2.56 EPS for the current fiscal year. Wall Street Analysts Forecast Growth Several equities analysts have recently weighed in on TSLA shares. President Capital increased their price objective on shares of Tesla from $373.00 to $529.00 and gave the stock a "buy" rating in a research note on Wednesday, October 29th. Cantor Fitzgerald set a $510.00 price target on shares of Tesla and gave the stock an "overweight" rating in a research report on Thursday, October 23rd. Needham & Company LLC reissued a "hold" rating on shares of Tesla in a research report on Thursday, October 23rd. DZ Bank restated a "sell" rating on shares of Tesla in a research note on Thursday, October 23rd. Finally, Wedbush reiterated an "outperform" rating and set a $600.00 target price on shares of Tesla in a research report on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have assigned a Hold rating and nine have assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $404.14.