Image from MarketBeat Media, LLC. Key Points Grantham Mayo Van Otterloo & Co. LLC cut its Tesla stake by 16.0% in Q2, selling 895 shares and leaving it with 4,712 shares valued at about $1.497 million. Analysts have a consensus rating of "Hold" on TSLA with an average price target of $394.03, while individual broker targets range roughly from $300 to $600. Corporate insiders have been net sellers recently—82,606 shares (~$33.6M) sold in the last three months—while insiders still own about 19.90% and institutional investors own about 66.20% of the stock. Peter Thiel Dumps NVIDIA and Slashes Tesla Stake—Is the AI Bubble About to Pop? Tesla (NASDAQ:TSLA - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $28.10 billion during 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 company's revenue was up 11.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.72 earnings per share. On average, research analysts anticipate that Tesla, Inc. will post 2.56 EPS for the current year. Insiders Place Their Bets In other Tesla news, Director James R. Murdoch sold 60,000 shares of the firm's stock in a transaction on Monday, September 15th. The shares were sold at an average price of $422.68, for a total transaction of $25,360,800.00. Following the transaction, the director directly owned 637,031 shares of the company's stock, valued at approximately $269,260,263.08. This trade represents a 8.61% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Xiaotong Zhu sold 20,000 shares of the company's stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $363.75, for a total transaction of $7,275,000.00. Following the completion of the sale, the senior vice president directly owned 47,600 shares of the company's stock, valued at $17,314,500. The trade was a 29.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 82,606 shares of company stock valued at $33,554,102. Insiders own 19.90% of the company's stock. About Tesla