Image from MarketBeat Media, LLC. Key Points Tesla shares rose 4% on Friday, trading as high as $431.20 amid heavy volume, as investors reacted to improving momentum in the stock. Recent news has been largely positive, including a 36% year-over-year jump in China-made EV sales in April, a record $100 million Semi truck deal, and the Model Y passing new U.S. driver-assistance tests. Despite the rally, Tesla still faces mixed signals: analysts maintain a Hold consensus with an average target of $398.42, while the company is dealing with a vehicle recall and some concerns about valuation and earnings outlook. MarketBeat Week in Review – 04/20 - 04/24 Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The electric vehicle producer reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.02. Tesla had a net margin of 3.95% and a return on equity of 4.89%. The company had revenue of $22.39 billion during the quarter, compared to analyst estimates of $22.96 billion. During the same quarter last year, the firm posted $0.27 EPS. The business's revenue for the quarter was up 15.8% on a year-over-year basis. Equities research analysts anticipate that Tesla, Inc. will post 1.25 EPS for the current fiscal year. Insider Activity at Tesla In other Tesla news, CFO Vaibhav Taneja sold 2,264 shares of the company's stock in a transaction on Friday, March 6th. The stock was sold at an average price of $397.03, for a total value of $898,875.92. Following the transaction, the chief financial officer owned 18,106 shares of the company's stock, valued at approximately $7,188,625.18. This represents a 11.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Kathleen Wilson-Thompson sold 26,409 shares of the stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $378.11, for a total value of $9,985,506.99. Following the sale, the director owned 48,399 shares of the company's stock, valued at $18,300,145.89. This trade represents a 35.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 80,213 shares of company stock worth $30,851,105. 19.90% of the stock is currently owned by company insiders. Hedge Funds Weigh In On Tesla A number of institutional investors have recently bought and sold shares of the stock. Equita Financial Network Inc. lifted its position in shares of Tesla by 2.8% in the 3rd quarter. Equita Financial Network Inc. now owns 855 shares of the electric vehicle producer's stock valued at $380,000 after acquiring an additional 23 shares in the last quarter. VanderPol Investments L.L.C. raised its stake in Tesla by 2.2% during the 3rd quarter. VanderPol Investments L.L.C. now owns 1,070 shares of the electric vehicle producer's stock valued at $464,000 after purchasing an additional 23 shares during the period. Resonant Capital Advisors LLC lifted its holdings in shares of Tesla by 0.3% in the third quarter. Resonant Capital Advisors LLC now owns 8,577 shares of the electric vehicle producer's stock valued at $3,814,000 after purchasing an additional 23 shares in the last quarter. Cloud Capital Management LLC lifted its holdings in shares of Tesla by 1.1% in the third quarter. Cloud Capital Management LLC now owns 2,076 shares of the electric vehicle producer's stock valued at $923,000 after purchasing an additional 23 shares in the last quarter. Finally, Pinnacle Bancorp Inc. boosted its position in shares of Tesla by 4.1% in the third quarter. Pinnacle Bancorp Inc. now owns 609 shares of the electric vehicle producer's stock worth $271,000 after buying an additional 24 shares during the period. Hedge funds and other institutional investors own 66.20% of the company's stock. About Tesla