Twitter Inc (NYSE:TWTR) Insider Robert Kaiden Sells 6,018 Shares

Twitter Inc (NYSE:TWTR) insider Robert Kaiden sold 6,018 shares of Twitter stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $26.17, for a total value of $157,491.06. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

  • On Tuesday, February 6th, Robert Kaiden sold 12,734 shares of Twitter stock. The shares were sold at an average price of $24.99, for a total value of $318,222.66.
  • On Wednesday, January 3rd, Robert Kaiden sold 1,186 shares of Twitter stock. The shares were sold at an average price of $24.44, for a total value 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 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.

Shares of Twitter Inc (NYSE TWTR) traded down $0.16 on Wednesday, hitting $33.28. The stock had a trading volume of 16,166,918 shares, compared to its average volume of 33,806,602. 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 12-month low of $14.12 and a 12-month high of $35.00. The company has a market cap of $24,470.00, a PE ratio of -219.30, a P/E/G ratio of 13.93 and a beta of 1.14.

Twitter (NYSE:TWTR) last issued its quarterly earnings results on Thursday, February 8th. The social networking company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.14 by $0.05. Twitter had a positive return on equity of 0.79% and a negative net margin of 4.42%. The firm had revenue of $731.60 million for the quarter, compared to analysts’ expectations of $686.12 million. During the same period in the previous year, the firm posted $0.11 EPS. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. sell-side analysts forecast that Twitter Inc will post 0.1 EPS for the current fiscal year.

TWTR has been the topic of a number of research analyst reports. Vetr upgraded Twitter from a “buy” rating to a “strong-buy” rating and set a $19.82 price target on the stock in a report on Monday, October 23rd. Aegis upgraded Twitter from a “sell” rating to a “buy” rating and set a $30.00 price target on the stock in a report on Tuesday, January 16th. Zacks Investment Research upgraded Twitter from a “hold” rating to a “buy” rating and set a $28.00 price target on the stock in a report on Friday, January 12th. Stifel Nicolaus upgraded Twitter from a “sell” rating to a “hold” rating and boosted their price target for the company from $12.00 to $17.00 in a report on Thursday, October 26th. Finally, Argus upgraded Twitter from a “hold” rating to a “buy” rating and boosted their price target for the company from $19.71 to $25.00 in a report on Friday, November 3rd. Eight equities research analysts have rated the stock with a sell rating, twenty-two have issued a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $22.79.

Several institutional investors and hedge funds have recently modified their holdings of the company. Nordea Investment Management AB boosted its position in shares of Twitter by 2.3% in the 2nd quarter. Nordea Investment Management AB now owns 19,027 shares of the social networking company’s stock worth $340,000 after purchasing an additional 422 shares in the last quarter. Linscomb & Williams Inc. lifted its position in Twitter by 6.6% in the 2nd quarter. Linscomb & Williams Inc. now owns 19,384 shares of the social networking company’s stock valued at $346,000 after acquiring an additional 1,201 shares in the last quarter. Toronto Dominion Bank lifted its position in 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 in the last quarter. Cetera Investment Advisers lifted its position in Twitter by 14.6% in the 4th quarter. Cetera Investment Advisers now owns 12,994 shares of the social networking company’s stock valued at $313,000 after acquiring an additional 1,657 shares in the last quarter. Finally, Partnervest Advisory Services LLC lifted its position in Twitter by 9.8% in the 4th quarter. Partnervest Advisory Services LLC now owns 27,893 shares of the social networking company’s stock valued at $670,000 after acquiring an additional 2,500 shares in the last quarter. 49.26% of the stock is currently owned by hedge funds and other institutional investors.

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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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