Image from MarketBeat Media, LLC. Key Points Mufg Securities Americas Inc. increased its stake in Tesla by 25.4%, buying 12,571 shares to hold 62,105 shares worth $19.73 million, making TSLA 1.7% of its portfolio and its ninth-largest position. Tesla recently beat expectations, reporting $0.50 EPS vs. $0.48 consensus and revenue of $28.10 billion (up 11.6% YoY); analysts' consensus is a "Hold" with a $394.31 target price. Institutional investors own 66.2% of Tesla (Vanguard holds ~251.4M shares and Goldman Sachs has sharply increased its stake), while insiders have sold 202,606 shares (~$75.6M) in the last three months and now own 19.90%. Peter Thiel Dumps NVIDIA and Slashes Tesla Stake—Is the AI Bubble About to Pop? 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. The firm had revenue of $28.10 billion for the quarter, compared to the consensus estimate of $24.98 billion. Tesla had a return on equity of 6.61% and a net margin of 5.51%.The firm's revenue for the quarter was up 11.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.72 EPS. As a group, sell-side analysts predict that Tesla, Inc. will post 2.56 EPS for the current year. Analyst Upgrades and Downgrades A number of research analysts recently commented on TSLA shares. Melius began coverage on Tesla in a report on Monday, October 13th. They issued a "buy" rating and a $520.00 price target for the company. Morgan Stanley reiterated an "overweight" rating on shares of Tesla in a research note on Wednesday, October 15th. Cantor Fitzgerald set a $510.00 price target on shares of Tesla and gave the stock an "overweight" rating in a research note on Thursday, October 23rd. Royal Bank Of Canada reiterated an "outperform" rating and set a $500.00 price objective on shares of Tesla in a research note on Thursday, October 23rd. Finally, DZ Bank reissued a "sell" rating on shares of Tesla in a research report on Thursday, October 23rd. One research analyst has rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, twelve have issued a Hold rating and ten have given a Sell rating to the stock. According to MarketBeat.com, Tesla has an average rating of "Hold" and a consensus target price of $394.31.