Image from MarketBeat Media, LLC. Key Points Clarius Group LLC reduced its stake in Tesla by 43.4% in Q3, selling 10,249 shares and retaining 13,350 shares valued at about $5.94 million. The Delaware Supreme Court reinstated Elon Musk’s 2018 compensation package, a ruling that materially improved investor sentiment and helped lift TSLA shares amid other positive operational and analyst catalysts. Significant insider selling occurred recently—CFO Vaibhav Taneja sold 2,637 shares (~$1.17M) and director Kimbal Musk sold 56,820 shares (~$25.6M)—though insiders still hold about 19.9% of the company. MarketBeat Week in Review – 12/8 - 12/12 Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings data 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. 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 business's revenue for the quarter was up 11.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.72 earnings per share. Sell-side analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Analysts Set New Price Targets A number of equities research analysts have recently issued reports on the company. JPMorgan Chase & Co. boosted their price objective on Tesla from $115.00 to $150.00 in a report on Friday, October 3rd. Glj Research restated a "sell" rating on shares of Tesla in a research note on Wednesday, October 22nd. Evercore ISI upped their price objective on Tesla from $235.00 to $300.00 and gave the company a "neutral" rating in a report on Wednesday, October 29th. Canaccord Genuity Group dropped their target price on Tesla from $490.00 to $482.00 and set a "buy" rating for the company in a report on Thursday, October 23rd. Finally, DZ Bank restated a "sell" rating on shares of Tesla in a research note on Thursday, October 23rd. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, fourteen have issued a Hold rating and nine have assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $404.14.