Image from MarketBeat Media, LLC. Key Points Miller Financial Services opened a new position in Tesla, acquiring 638 shares worth about $203,000 in Q2, and institutional investors now own roughly 66.20% of the stock. In its most recent quarter Tesla beat estimates with $0.50 EPS vs. $0.48 expected and revenue of $28.10 billion (up 11.6% YoY); the company trades at a market cap of about $1.34 trillion with a PE of ~269. Company insiders have been net sellers recently — including SVP Xiaotong Zhu (20,000 shares) and Director James R. Murdoch (120,000 shares) — with insiders selling a total of 202,606 shares (~$75.6M) over the last quarter while still owning ~19.90% of Tesla. Is Tesla Setting Up for a Year-End Rebound—or a Collapse? Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings results on Thursday, October 23rd. The electric vehicle producer reported $0.50 EPS for the quarter, beating the consensus estimate of $0.48 by $0.02. The company had revenue of $28.10 billion during the quarter, compared to analysts' expectations of $24.98 billion. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The firm's revenue was up 11.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.72 EPS. On average, research analysts predict that Tesla, Inc. will post 2.56 earnings per share for the current year. Insiders Place Their Bets In other Tesla news, SVP Xiaotong Zhu sold 20,000 shares of Tesla stock in a transaction 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 transaction, the senior vice president owned 47,600 shares in the company, valued at $17,314,500. This trade represents a 29.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director James R. Murdoch sold 120,000 shares of the business's stock in a transaction on Tuesday, August 26th. The shares were sold at an average price of $350.29, for a total transaction of $42,034,800.00. Following the sale, the director directly owned 697,031 shares of the company's stock, valued at $244,162,988.99. This represents a 14.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 202,606 shares of company stock valued at $75,588,902 over the last quarter. Company insiders own 19.90% of the company's stock. Analyst Ratings Changes