Image from MarketBeat Media, LLC. Key Points Convergence Financial LLC increased its stake in Tesla by 193.3% in Q3, buying an additional 19,204 shares to hold 29,140 shares worth about $12.96 million, roughly 1.9% of its portfolio and its 14th largest holding. Analysts are mixed: 18 Buys, 14 Holds and 9 Sells produce a MarketBeat consensus rating of "Hold" with a consensus price target of $408.09. Tesla has competing catalysts—early upside from FSD subscription monetization and optimism around the Optimus robotics pivot—while facing downside from a federal judge upholding a $243M Autopilot verdict and substantial insider selling (~119,457 shares, ~$53.5M, in the last 90 days). Tesla’s Rally Setup Is Here—But Valuation Makes It Fragile In other Tesla news, Director Kimbal Musk sold 56,820 shares of the stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $450.66, for a total transaction of $25,606,501.20. Following the sale, the director directly owned 1,391,615 shares of the company's stock, valued at approximately $627,145,215.90. This represents a 3.92% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James R. Murdoch sold 60,000 shares of the firm's stock in a transaction dated 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 completion of the transaction, the director 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. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 119,457 shares of company stock worth $53,501,145. 19.90% of the stock is currently owned by insiders. Tesla Stock Performance Shares of Tesla stock opened at $411.82 on Friday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.77 and a current ratio of 2.16. Tesla, Inc. has a 1 year low of $214.25 and a 1 year high of $498.83. The firm's 50-day simple moving average is $440.65 and its 200-day simple moving average is $417.52. The firm has a market cap of $1.55 trillion, a PE ratio of 381.31, a price-to-earnings-growth ratio of 14.49 and a beta of 1.86. Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings data on Wednesday, January 28th. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.05. Tesla had a return on equity of 4.86% and a net margin of 4.00%.The firm had revenue of $24.90 billion during the quarter, compared to analyst estimates of $24.75 billion. During the same period in the previous year, the company earned $0.73 earnings per share. Tesla's quarterly revenue was down 3.1% on a year-over-year basis. Equities analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Tesla Company Profile