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 stock in a transaction that occurred on Wednesday, January 3rd. The shares were sold at an average price of $24.44, for a total transaction of $28,985.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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 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.
  • On Monday, November 6th, Robert Kaiden sold 5,926 shares of Twitter stock. The shares were 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 shares were sold at an average price of $20.59, for a total transaction of $135,358.66.

Twitter Inc (TWTR) traded up $2.11 during trading hours on Friday, reaching $24.27. 49,416,442 shares of the company’s stock were exchanged, compared to its average volume of 21,500,000. The company has a debt-to-equity ratio of 0.35, a current ratio of 10.40 and a quick ratio of 10.40. The firm has a market capitalization of $18,030.00, a PE ratio of -47.59, a price-to-earnings-growth ratio of 9.66 and a beta of 1.11. Twitter Inc has a 1-year low of $14.12 and a 1-year high of $25.85.

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

Several equities analysts have recently issued reports on TWTR shares. BidaskClub raised shares of Twitter from a “hold” rating to a “buy” rating in a research note on Tuesday, October 17th. Vetr downgraded shares of Twitter from a “strong-buy” rating to a “buy” rating and set a $19.82 price target for the company. in a research note on Wednesday, October 4th. Goldman Sachs Group set a $26.00 price target on shares of Twitter and gave the company a “buy” rating in a research note on Friday, October 27th. Argus raised shares of Twitter from a “hold” rating to a “buy” rating and raised their price target for the company from $19.71 to $25.00 in a research note on Friday, November 3rd. Finally, Summit Redstone started coverage on shares of Twitter in a research note on Monday, December 18th. They set a “buy” rating and a $26.00 price target for the company. Ten equities research analysts have rated the stock with a sell rating, twenty have assigned a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $19.90.

Large investors have recently bought and sold shares of the business. Exane Derivatives grew its holdings in Twitter by 18.7% in the third quarter. Exane Derivatives now owns 59,516 shares of the social networking company’s stock worth $1,004,000 after purchasing an additional 9,363 shares during the period. Toronto Dominion Bank grew 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 worth $136,000 after purchasing an additional 1,333 shares during the period. Global X MANAGEMENT CO LLC grew its holdings in Twitter by 16.3% in the third quarter. Global X MANAGEMENT CO LLC now owns 835,541 shares of the social networking company’s stock worth $14,096,000 after purchasing an additional 116,985 shares during the period. PineView Asset Management LP grew its holdings in Twitter by 179.4% in the second quarter. PineView Asset Management LP now owns 799,121 shares of the social networking company’s stock worth $35,689,000 after purchasing an additional 513,084 shares during the period. Finally, Amerigo Asset Management grew its holdings in Twitter by 46.2% in the third quarter. Amerigo Asset Management now owns 6,875,910 shares of the social networking company’s stock worth $115,997,000 after purchasing an additional 2,172,000 shares during the period. Institutional investors and hedge funds own 50.45% 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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