Image from MarketBeat Media, LLC. Key Points GDS Wealth Management increased its Tesla stake by 48.6% in Q2, acquiring an additional 722 shares to hold 2,209 shares worth about $702,000 according to its SEC filing. Significant insider selling has occurred recently — CFO Vaibhav Taneja sold 2,606 shares and Director James R. Murdoch sold 60,000 shares, and insiders sold 202,606 shares (~$75.6M) in the last three months; insiders now own about 19.9% of the stock. Tesla reported a quarterly beat (EPS $0.50 vs. $0.48 estimate; revenue $28.10B vs. $24.98B), has a market cap of about $1.34 trillion, and carries a consensus "Hold" rating with an average target of $394.31. Is Tesla Setting Up for a Year-End Rebound—or a Collapse? Tesla (NASDAQ:TSLA - Get Free Report) last posted its 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 firm had revenue of $28.10 billion for 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% compared to the same quarter last year. During the same period last year, the firm earned $0.72 EPS. On average, equities research analysts forecast that Tesla, Inc. will post 2.56 EPS for the current year. Analyst Ratings Changes Several research firms recently issued reports on TSLA. Dbs Bank raised Tesla to a "hold" rating in a research report on Wednesday, November 5th. HSBC reissued a "reduce" rating on shares of Tesla in a report on Monday. Cantor Fitzgerald set a $510.00 price objective on shares of Tesla and gave the company an "overweight" rating in a research report on Thursday, October 23rd. Stifel Nicolaus increased their price objective on shares of Tesla from $483.00 to $508.00 and gave the stock a "buy" rating in a research note on Monday. Finally, CICC Research lifted their target price on Tesla from $360.00 to $450.00 and gave the company an "outperform" rating in a research note on Thursday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, twelve have given a Hold rating and ten have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $394.31.