Image from MarketBeat Media, LLC. Tesla (NASDAQ:TSLA - Get Free Report) announced its quarterly earnings data on Wednesday. The electric vehicle producer reported $0.50 EPS for the quarter, topping analysts' consensus estimates of $0.46 by $0.04, FiscalAI reports. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The business had revenue of $24.90 billion during the quarter, compared to analysts' expectations of $24.75 billion. Get Tesla alerts: MarketBeat Week in Review – 01/19 - 01/23 In other news, CFO Vaibhav Taneja sold 2,637 shares of Tesla stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $443.93, for a total value of $1,170,643.41. Following the completion of the transaction, the chief financial officer owned 13,757 shares of the company's stock, valued at $6,107,145.01. This trade represents a 16.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director James R. Murdoch sold 60,000 shares of the company's stock in a transaction dated 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 directly owned 577,031 shares in the company, valued at approximately $257,009,607.40. The trade was a 9.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 119,457 shares of company stock valued at $53,501,145 in the last quarter. Company insiders own 19.90% of the company's stock. Institutional Investors Weigh In On Tesla Hedge funds have recently bought and sold shares of the stock. Alyeska Investment Group L.P. bought a new position in shares of Tesla in the third quarter worth $357,679,000. Viking Global Investors LP increased its holdings in Tesla by 214.3% in the 2nd quarter. Viking Global Investors LP now owns 1,100,331 shares of the electric vehicle producer's stock valued at $349,531,000 after buying an additional 750,247 shares during the period. Rafferty Asset Management LLC raised its position in shares of Tesla by 21.1% in the 2nd quarter. Rafferty Asset Management LLC now owns 3,982,725 shares of the electric vehicle producer's stock valued at $1,265,152,000 after buying an additional 694,560 shares in the last quarter. State Street Corp lifted its holdings in shares of Tesla by 0.3% during the 3rd quarter. State Street Corp now owns 113,762,849 shares of the electric vehicle producer's stock worth $50,592,614,000 after acquiring an additional 344,162 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its position in shares of Tesla by 19.3% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,083,314 shares of the electric vehicle producer's stock worth $926,491,000 after acquiring an additional 336,491 shares in the last quarter. 66.20% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analysts Forecast Growth