Image from MarketBeat Media, LLC. Key Points Twin Capital Management trimmed its Tesla stake by 26.3% in Q3, selling 11,084 shares and leaving 31,008 shares worth $13.79 million (about 1.7% of the fund and its 9th-largest holding). Significant insider selling: Director James R. Murdoch sold 60,000 shares for $26.7 million and insiders sold 119,457 shares valued at $53.5 million in the past 90 days, though insiders still own 19.9% of the company. Tesla beat the quarter with EPS $0.50 vs. $0.45 and revenue $24.90B vs. $24.75B, but revenue fell 3.1% year‑over‑year and valuation remains high with a P/E around 380.7; MarketBeat's consensus rating is "Hold" with a $403.92 target. Tesla P/E Hits 400: 2 Reasons It's Still a Buy, 1 to Avoid Tesla (NASDAQ:TSLA - Get Free Report) last released its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, topping analysts' consensus estimates of $0.45 by $0.05. The business had revenue of $24.90 billion during the quarter, compared to the consensus estimate of $24.75 billion. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The business's quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.73 earnings per share. Analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Insider Transactions at Tesla In other Tesla news, Director James R. Murdoch sold 60,000 shares of the company's stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $445.40, for a total transaction of $26,724,000.00. Following the sale, the director owned 577,031 shares in the company, valued at $257,009,607.40. This represents a 9.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Vaibhav Taneja sold 2,637 shares of Tesla 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 transaction, the chief financial officer owned 13,757 shares of the company's stock, valued at approximately $6,107,145.01. The trade was a 16.09% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 119,457 shares of company stock valued at $53,501,145. Insiders own 19.90% of the company's stock. Trending Headlines about Tesla