Image from MarketBeat Media, LLC. Key Points Tesla: Oak Ridge Investments LLC increased its stake by 4.8% in Q3 to 83,380 shares (worth about $37.08M), making TSLA its 9th-largest position and 2.4% of the fund's portfolio. Tesla shares are trading down roughly 4.2% with a market cap near $1.39 trillion and a high valuation (P/E ~279.5); analysts' consensus is "Hold" with an average price target of $410.20. Significant insider selling occurred recently (directors James R. Murdoch and Kimbal Musk among sellers), totaling 119,457 shares (~$53.5M) in the last 90 days, while institutional investors own about 66.2% and corporate insiders 19.9% of the stock. MarketBeat Week in Review – 01/12 - 01/16 Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share (EPS) 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 analyst estimates of $24.98 billion. Tesla had a return on equity of 6.61% and a net margin of 5.51%.Tesla'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 EPS. As a group, equities analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Insider Buying and Selling at Tesla In related news, Director James R. Murdoch sold 60,000 shares of the firm's stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the completion of the sale, the director owned 577,031 shares of the company's stock, valued at $257,009,607.40. This trade represents a 9.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kimbal Musk sold 56,820 shares of the company's stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total value of $25,606,501.20. Following the completion of the transaction, the director directly owned 1,391,615 shares in the company, valued at $627,145,215.90. This trade represents a 3.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 119,457 shares of company stock worth $53,501,145. 19.90% of the stock is owned by corporate insiders. Analysts Set New Price Targets