Key Points Waypoint Wealth Counsel increased its holdings in Tesla, Inc. by 30.2% during the 2nd quarter, bringing its total to 2,709 shares valued at approximately $861,000. Several institutional investors raised their positions in Tesla during the same period, with GFS Advisors LLC increasing its stake by 23.4%, owning over 65,000 shares worth about $20.8 million. Tesla's recent earnings report revealed an EPS of $0.40, falling short of analysts’ expectations, while the company's revenue of $22.5 billion also missed estimates by about $700 million. MarketBeat Week in Review – 09/29 - 10/03 Tesla (NASDAQ:TSLA - Get Free Report) last released its earnings results on Wednesday, July 23rd. The electric vehicle producer reported $0.40 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.43 by ($0.03). The company had revenue of $22.50 billion during the quarter, compared to analyst estimates of $23.18 billion. Tesla had a net margin of 6.54% and a return on equity of 7.98%. The company's revenue for the quarter was down 11.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.52 EPS. Equities analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current year. Insider Activity In related news, CFO Vaibhav Taneja sold 2,606 shares of Tesla stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $352.38, for a total value of $918,302.28. Following the sale, the chief financial officer directly owned 9,856 shares in the company, valued at $3,473,057.28. The trade was a 20.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, SVP Xiaotong Zhu sold 20,000 shares of Tesla stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $363.75, for a total value of $7,275,000.00. Following the completion of the sale, the senior vice president owned 47,600 shares in the company, valued at approximately $17,314,500. This trade represents a 29.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 202,606 shares of company stock valued at $75,588,902. Company insiders own 19.90% of the company's stock. Analysts Set New Price Targets