Insider Selling: Twitter Inc (NYSE:TWTR) Director Sells 18,347 Shares of Stock

Twitter Inc (NYSE:TWTR) Director Evan Clark Williams sold 18,347 shares of the firm’s stock in a transaction on Wednesday, January 10th. The shares were sold at an average price of $24.17, for a total transaction of $443,446.99. Following the completion of the transaction, the director now directly owns 2,291,665 shares of the company’s stock, valued at $55,389,543.05. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Evan Clark Williams also recently made the following trade(s):

  • On Thursday, January 25th, Evan Clark Williams sold 18,347 shares of Twitter stock. The shares were sold at an average price of $22.33, for a total value of $409,688.51.
  • On Thursday, December 27th, Evan Clark Williams sold 18,347 shares of Twitter stock. The shares were sold at an average price of $24.27, for a total value of $445,281.69.
  • On Thursday, December 28th, Evan Clark Williams sold 546,200 shares of Twitter stock. The shares were sold at an average price of $24.29, for a total value of $13,267,198.00.
  • On Wednesday, December 13th, Evan Clark Williams sold 18,347 shares of Twitter stock. The shares were sold at an average price of $21.66, for a total value of $397,396.02.
  • On Wednesday, November 29th, Evan Clark Williams sold 1,982,985 shares of Twitter stock. The shares were sold at an average price of $21.12, for a total value of $41,880,643.20.
  • On Wednesday, November 15th, Evan Clark Williams sold 565,000 shares of Twitter stock. The shares were sold at an average price of $20.08, for a total value of $11,345,200.00.
  • On Tuesday, October 31st, Evan Clark Williams sold 2,000,300 shares of Twitter stock. The shares were sold at an average price of $21.06, for a total value of $42,126,318.00.

Shares of Twitter Inc (TWTR) opened at $25.92 on Friday. Twitter Inc has a 12-month low of $14.12 and a 12-month high of $27.33. The stock has a market capitalization of $19,253.22, a PE ratio of -50.82, a price-to-earnings-growth ratio of 11.30 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.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Balentine LLC increased its holdings in shares of Twitter by 86.6% in the 3rd 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 increased its holdings in shares of Twitter by 21.3% in the 2nd 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. Telemus Capital LLC purchased a new position in shares of Twitter in the 4th quarter valued at about $214,000. Malaga Cove Capital LLC purchased a new position in shares of Twitter in the 3rd quarter valued at about $154,000. Finally, Rockland Trust Co. purchased a new position in shares of Twitter in the 4th quarter valued at about $219,000. Institutional investors and hedge funds own 50.05% of the company’s stock.

TWTR has been the topic of a number of research analyst reports. Royal Bank of Canada restated a “sell” rating and set a $14.00 price target on shares of Twitter in a research note on Sunday, October 8th. Zacks Investment Research lowered Twitter from a “hold” rating to a “sell” rating in a research note on Tuesday, October 10th. Vetr raised Twitter from a “buy” rating to a “strong-buy” rating and set a $19.82 target price for the company in a report on Tuesday, October 10th. SunTrust Banks reaffirmed a “hold” rating and set a $16.00 target price on shares of Twitter in a report on Thursday, October 12th. Finally, BidaskClub raised Twitter from a “hold” rating to a “buy” rating in a report on Tuesday, October 17th. Ten research 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. Twitter currently has an average rating of “Hold” and an average price target of $19.91.

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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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