Twitter Inc (TWTR) Insider Sells $318,222.66 in Stock

Twitter Inc (NYSE:TWTR) insider Robert Kaiden sold 12,734 shares of Twitter stock in a transaction that occurred on Tuesday, February 6th. The stock was sold at an average price of $24.99, for a total transaction of $318,222.66. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

  • On Thursday, February 1st, Robert Kaiden sold 6,018 shares of Twitter stock. The stock was sold at an average price of $26.17, for a total transaction of $157,491.06.
  • On Wednesday, January 3rd, Robert Kaiden sold 1,186 shares of Twitter stock. The stock was sold at an average price of $24.44, for a total transaction of $28,985.84.
  • On Wednesday, December 6th, Robert Kaiden sold 3,570 shares of Twitter stock. The shares were sold at an average price of $21.00, for a total transaction of $74,970.00.
  • On Friday, December 1st, Robert Kaiden sold 3,930 shares of Twitter stock. The shares were sold at an average price of $20.62, for a total transaction of $81,036.60.

Shares of Twitter Inc (TWTR) traded up $1.11 on Friday, reaching $31.29. 25,554,205 shares of the company traded hands, compared to its average volume of 32,130,248. Twitter Inc has a fifty-two week low of $14.12 and a fifty-two week high of $35.00. The firm has a market capitalization of $22,920.00, a PE ratio of -207.20, a price-to-earnings-growth ratio of 11.73 and a beta of 1.14. 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 announced its earnings results on Thursday, February 8th. The social networking company reported $0.19 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.14 by $0.05. Twitter had a negative net margin of 15.08% and a negative return on equity of 1.21%. The business had revenue of $731.60 million during the quarter, compared to analysts’ expectations of $686.12 million. During the same quarter in the prior year, the company posted $0.11 earnings per share. The firm’s revenue was up 2.0% on a year-over-year basis. equities research analysts predict that Twitter Inc will post 0.02 EPS for the current year.

Several equities research analysts recently issued reports on TWTR shares. Vetr raised shares of Twitter from a “buy” rating to a “strong-buy” rating and set a $19.82 price objective for the company in a research note on Monday, October 23rd. Zacks Investment Research upgraded shares of Twitter from a “hold” rating to a “buy” rating and set a $28.00 price objective on the stock in a report on Friday, January 12th. Stifel Nicolaus upgraded shares of Twitter from a “sell” rating to a “hold” rating and boosted their price objective for the stock from $12.00 to $17.00 in a report on Thursday, October 26th. Argus upgraded shares of Twitter from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $19.71 to $25.00 in a report on Friday, November 3rd. Finally, Aegis upgraded shares of Twitter from a “sell” rating to a “buy” rating and set a $30.00 price target on the stock in a research report on Tuesday, January 16th. Ten investment analysts have rated the stock with a sell rating, twenty-one have given a hold rating and nine have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $21.97.

A number of hedge funds have recently made changes to their positions in TWTR. PNC Financial Services Group Inc. lifted its stake in Twitter by 10.1% in the second quarter. PNC Financial Services Group Inc. now owns 33,658 shares of the social networking company’s stock valued at $602,000 after acquiring an additional 3,082 shares during the last quarter. Ark Investment Management LLC lifted its stake in Twitter by 28.3% in the second quarter. Ark Investment Management LLC now owns 921,982 shares of the social networking company’s stock valued at $16,476,000 after acquiring an additional 203,096 shares during the last quarter. Nordea Investment Management AB lifted its stake in Twitter by 2.3% in the second quarter. Nordea Investment Management AB now owns 19,027 shares of the social networking company’s stock valued at $340,000 after acquiring an additional 422 shares during the last quarter. Parametric Portfolio Associates LLC lifted its stake in Twitter by 3.4% in the second quarter. Parametric Portfolio Associates LLC now owns 471,374 shares of the social networking company’s stock valued at $8,423,000 after acquiring an additional 15,480 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Twitter by 16.9% in the second quarter. Dimensional Fund Advisors LP now owns 1,606,588 shares of the social networking company’s stock valued at $28,708,000 after acquiring an additional 231,878 shares during the last quarter. Hedge funds and other institutional investors own 50.12% of the company’s stock.

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Twitter Company Profile

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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