Image from MarketBeat Media, LLC. Key Points Rockline Wealth Management LLC increased its stake in Tesla by 11.2% in the second quarter, owning a total of 13,485 shares worth approximately $4.28 million. Several other institutional investors have also acquired stakes in Tesla, contributing to the company's current 66.20% institutional ownership of its stock. Analysts have mixed opinions on Tesla's stock, with price targets ranging from $300.00 to $520.00, reflecting an overall average target price of $390.27. Tesla Stock: The Bulls Are Winning…For Now Tesla (NASDAQ:TSLA - Get Free Report) last announced its quarterly earnings results on Wednesday, October 22nd. The electric vehicle producer reported $0.50 EPS for the quarter, beating analysts' consensus estimates of $0.48 by $0.02. Tesla had a net margin of 5.51% and a return on equity of 6.61%. The business had revenue of $28.10 billion for the quarter, compared to analyst estimates of $24.98 billion. During the same quarter in the prior year, the business earned $0.72 EPS. Tesla's quarterly revenue was up 11.6% on a year-over-year basis. On average, equities research analysts expect that Tesla, Inc. will post 2.56 earnings per share for the current year. Insider Buying and Selling In other Tesla news, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction on Monday, September 8th. The stock was sold at an average price of $352.38, for a total transaction of $918,302.28. Following the completion of the transaction, the chief financial officer directly owned 9,856 shares of the company's stock, valued at approximately $3,473,057.28. This represents a 20.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director James R. Murdoch sold 60,000 shares of the firm's stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $422.68, for a total value of $25,360,800.00. Following the completion of the sale, the director directly owned 637,031 shares in the company, valued at approximately $269,260,263.08. The trade was a 8.61% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 202,606 shares of company stock worth $75,588,902. 19.90% of the stock is owned by company insiders. About Tesla