Image from MarketBeat Media, LLC. Key Points Midwest Trust Co bought 193,991 shares of Tesla in Q2 — roughly $61.6M — making TSLA about 0.9% of its portfolio and its 28th-largest holding. Analyst sentiment is mixed: the average MarketBeat rating is "Hold" with an average price target of $391.08, though several firms have raised targets (as high as $510) and the tally shows 1 Strong Buy, 21 Buy, 13 Hold and 11 Sell. Tesla beat the quarter with $0.50 EPS and $28.10B revenue, trades at a roughly $1.43T market cap with a high PE (~286), and insiders have sold about 202,606 shares (~$75.6M) in the last 90 days (insider ownership ~19.9%). 3 Reasons Tesla Could Be a $500 Stock by the End of the Month Tesla (NASDAQ:TSLA - Get Free Report) last announced its earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.02. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The firm had revenue of $28.10 billion for the quarter, compared to the consensus estimate of $24.98 billion. During the same quarter in the previous year, the business earned $0.72 EPS. The firm's revenue for the quarter was up 11.6% on a year-over-year basis. On average, equities research analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current year. Insider Buying and Selling In other news, Director James R. Murdoch sold 60,000 shares of the company's stock in a transaction that occurred on 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 of the company's stock, valued at approximately $269,260,263.08. This represents a 8.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Vaibhav Taneja sold 2,606 shares of the stock in a transaction that occurred on Monday, September 8th. The shares were 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 owned 9,856 shares of the company's stock, valued at $3,473,057.28. This trade represents a 20.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 202,606 shares of company stock valued at $75,588,902 over the last 90 days. 19.90% of the stock is currently owned by company insiders. Tesla Company Profile