Insider Selling: Twitter Inc (NYSE:TWTR) Insider Sells 1,186 Shares of Stock

Twitter Inc (NYSE:TWTR) insider Robert Kaiden sold 1,186 shares of the firm’s stock in a transaction that occurred on Wednesday, January 3rd. The shares were sold at an average price of $24.44, for a total value of $28,985.84. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

  • 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 value 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 value of $81,036.60.
  • 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 value 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 value of $135,358.66.

Shares of Twitter Inc (NYSE:TWTR) traded up $1.06 during trading hours on Friday, hitting $25.41. The stock had a trading volume of 37,018,897 shares, compared to its average volume of 17,420,000. The stock has a market capitalization of $18,870.00, a P/E ratio of -49.82, a P/E/G ratio of 10.62 and a beta of 1.11. The company has a debt-to-equity ratio of 0.35, a quick ratio of 10.40 and a current ratio of 10.40. Twitter Inc has a twelve month low of $14.12 and a twelve month high of $25.85.

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

Institutional investors have recently modified their holdings of the stock. Balentine LLC boosted its holdings in Twitter by 86.6% in the third quarter. Balentine LLC now owns 6,822 shares of the social networking company’s stock valued at $115,000 after acquiring an additional 3,167 shares during the last quarter. Toronto Dominion Bank boosted its holdings in Twitter by 21.3% in the second quarter. Toronto Dominion Bank now owns 7,592 shares of the social networking company’s stock valued at $136,000 after acquiring an additional 1,333 shares during the last quarter. Malaga Cove Capital LLC acquired a new position in Twitter in the third quarter valued at $154,000. Rockland Trust Co. acquired a new position in Twitter in the fourth quarter valued at $219,000. Finally, Federated Investors Inc. PA acquired a new position in Twitter in the second quarter valued at $174,000. Hedge funds and other institutional investors own 50.69% of the company’s stock.

Several equities analysts recently issued reports on the company. Vetr raised Twitter from a “buy” rating to a “strong-buy” rating and set a $19.82 price objective for the company in a report on Monday, October 23rd. Argus raised Twitter from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $19.71 to $25.00 in a report on Friday, November 3rd. Wedbush set a $16.00 price objective on Twitter and gave the stock a “hold” rating in a report on Monday, October 23rd. Susquehanna Bancshares lifted their price objective on Twitter from $17.00 to $20.00 and gave the stock a “neutral” rating in a report on Thursday, October 26th. Finally, BidaskClub raised Twitter from a “hold” rating to a “buy” rating in a research report on Tuesday, October 17th. Twelve investment analysts have rated the stock with a sell rating, twenty have given a hold rating, eight have given a buy rating and one has given a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $18.90.

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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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