Image from MarketBeat Media, LLC. Key Points Legacy Financial Advisors Inc. trimmed its Tesla stake by 8.3% in Q3, selling 1,425 shares and leaving 15,790 shares worth about $7.02M (roughly 1.0% of the fund and its 19th largest holding). Significant insider selling has occurred recently — CFO Vaibhav Taneja sold 2,637 shares and Director James R. Murdoch sold 60,000 shares, with insiders offloading 119,457 shares worth $53.5M in the past 90 days while still owning 19.9% of the company. Tesla trades at a market cap of $1.55T with a P/E of ~381, and analysts hold a consensus "Hold" rating with an average price target of $408.09 (18 Buy / 14 Hold / 9 Sell), amid legal, robotaxi safety and competitive risks that are weighing on sentiment. Tesla Faces Falling Sales—But Is That the Wrong Story? Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings results on Wednesday, January 28th. The electric vehicle producer reported $0.50 EPS for the quarter, topping the consensus estimate of $0.45 by $0.05. Tesla had a net margin of 4.00% and a return on equity of 4.86%. The firm had revenue of $24.90 billion for the quarter, compared to analyst estimates of $24.75 billion. During the same period last year, the business earned $0.73 EPS. Tesla's revenue for the quarter was down 3.1% compared to the same quarter last year. On average, analysts forecast that Tesla, Inc. will post 2.56 earnings per share for the current fiscal year. Analysts Set New Price Targets Several equities research analysts have issued reports on TSLA shares. DZ Bank reissued a "sell" rating on shares of Tesla in a research note on Thursday, January 29th. New Street Research raised their price objective on Tesla from $520.00 to $600.00 and gave the stock a "buy" rating in a research report on Tuesday, January 6th. William Blair reissued a "market perform" rating on shares of Tesla in a research note on Friday, January 2nd. JPMorgan Chase & Co. decreased their price target on Tesla from $150.00 to $145.00 and set an "underweight" rating on the stock in a research note on Friday, January 30th. Finally, HSBC reiterated a "reduce" rating on shares of Tesla in a report on Monday, November 17th. Eighteen investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and nine have assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $408.09.