Robert Kaiden Sells 3,930 Shares of Twitter, Inc. (TWTR) Stock

Twitter, Inc. (NYSE:TWTR) insider Robert Kaiden sold 3,930 shares of Twitter stock in a transaction on Friday, December 1st. The stock was sold at an average price of $20.62, for a total transaction of $81,036.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Robert Kaiden also recently made the following trade(s):

  • On Monday, November 6th, Robert Kaiden sold 5,926 shares of Twitter stock. The stock was sold at an average price of $19.51, for a total transaction of $115,616.26.
  • On Wednesday, November 1st, Robert Kaiden sold 6,574 shares of Twitter stock. The stock was sold at an average price of $20.59, for a total transaction of $135,358.66.
  • On Wednesday, September 6th, Robert Kaiden sold 3,695 shares of Twitter stock. The stock was sold at an average price of $16.78, for a total transaction of $62,002.10.

Twitter, Inc. (NYSE TWTR) remained flat at $$21.09 during trading hours on Thursday. 7,954,579 shares of the stock traded hands, compared to its average volume of 17,414,518. Twitter, Inc. has a fifty-two week low of $14.12 and a fifty-two week high of $22.48. The company has a debt-to-equity ratio of 0.35, a current ratio of 10.40 and a quick ratio of 10.40.

Twitter (NYSE:TWTR) last posted its quarterly earnings results on Thursday, October 26th. The social networking company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.07 by $0.03. Twitter had a negative net margin of 15.08% and a negative return on equity of 1.21%. The business had revenue of $590.00 million during the quarter, compared to analyst estimates of $586.22 million. During the same quarter in the previous year, the business posted $0.09 EPS. The company’s quarterly revenue was down 4.2% compared to the same quarter last year. sell-side analysts expect that Twitter, Inc. will post 0.02 earnings per share for the current year.

A number of brokerages have commented on TWTR. Evercore ISI began coverage on shares of Twitter in a research note on Tuesday. They issued an “in-line” rating and a $21.00 price objective for the company. They noted that the move was a valuation call. MKM Partners lifted their price objective on shares of Twitter from $18.00 to $21.50 and gave the stock a “neutral” rating in a research note on Thursday, November 30th. Vetr raised shares of Twitter from a “buy” rating to a “strong-buy” rating and set a $25.65 price objective for the company in a research note on Thursday, November 23rd. Citigroup raised shares of Twitter from a “sell” rating to a “neutral” rating and lifted their price target for the stock from $19.90 to $20.00 in a research note on Monday, November 6th. Finally, Argus raised shares of Twitter from a “hold” rating to a “buy” rating and lifted their price target for the stock from $19.71 to $25.00 in a research note on Friday, November 3rd. Twelve research analysts have rated the stock with a sell rating, twenty-two have issued a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $17.99.

Several large investors have recently bought and sold shares of TWTR. Rothschild Asset Management Inc. raised its stake in shares of Twitter by 0.4% during the 2nd quarter. Rothschild Asset Management Inc. now owns 35,078 shares of the social networking company’s stock worth $627,000 after acquiring an additional 151 shares in the last quarter. Nordea Investment Management AB raised its stake in shares of Twitter by 2.3% during the 2nd quarter. Nordea Investment Management AB now owns 19,027 shares of the social networking company’s stock worth $340,000 after acquiring an additional 422 shares in the last quarter. Comerica Bank raised its stake in shares of Twitter by 1.8% during the 2nd quarter. Comerica Bank now owns 27,861 shares of the social networking company’s stock worth $557,000 after acquiring an additional 489 shares in the last quarter. Lincoln National Corp raised its stake in shares of Twitter by 5.1% during the 2nd quarter. Lincoln National Corp now owns 16,200 shares of the social networking company’s stock worth $289,000 after acquiring an additional 785 shares in the last quarter. Finally, Sheaff Brock Investment Advisors LLC raised its stake in shares of Twitter by 3.4% during the 2nd quarter. Sheaff Brock Investment Advisors LLC now owns 24,015 shares of the social networking company’s stock worth $429,000 after acquiring an additional 800 shares in the last quarter. Institutional investors and hedge funds own 50.83% of the company’s stock.

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About Twitter

Twitter, Inc offers products and services for users, advertisers, developers and data partners. The Company’s products and services include Twitter, Periscope, Promoted Tweets, Promoted Accounts and Promoted Trends. Its Twitter is a platform for public self-expression and conversation in real time. Periscope broadcasts can also be viewed through Twitter and on desktop or mobile Web browser.

Insider Buying and Selling by Quarter for Twitter (NYSE:TWTR)

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