Evan Clark Williams Sells 546,200 Shares of Twitter Inc (TWTR) Stock

Twitter Inc (NYSE:TWTR) Director Evan Clark Williams sold 546,200 shares of Twitter stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $33.36, for a total transaction of $18,221,232.00. Following the sale, the director now owns 2,218,744 shares of the company’s stock, valued at $74,017,299.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 stock was sold at an average price of $22.33, for a total transaction of $409,688.51.
  • On Wednesday, January 10th, Evan Clark Williams sold 18,347 shares of Twitter stock. The stock was sold at an average price of $24.17, for a total transaction of $443,446.99.
  • On Wednesday, December 27th, Evan Clark Williams sold 18,347 shares of Twitter stock. The stock was sold at an average price of $24.27, for a total transaction of $445,281.69.
  • On Thursday, December 28th, Evan Clark Williams sold 546,200 shares of Twitter stock. The stock was sold at an average price of $24.29, for a total transaction of $13,267,198.00.
  • On Wednesday, December 13th, Evan Clark Williams sold 18,347 shares of Twitter stock. The stock was sold at an average price of $21.66, for a total transaction of $397,396.02.
  • On Wednesday, November 29th, Evan Clark Williams sold 1,982,985 shares of Twitter stock. The stock was sold at an average price of $21.12, for a total transaction of $41,880,643.20.

Twitter Inc (NYSE:TWTR) opened at $32.84 on Wednesday. Twitter Inc has a 12-month low of $14.12 and a 12-month high of $35.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 10.40 and a current ratio of 10.40. The company has a market cap of $24,390.00, a price-to-earnings ratio of -218.93, a PEG ratio of 9.96 and a beta of 1.14.

Twitter (NYSE:TWTR) last posted its 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 negative net margin of 4.42% and a positive return on equity of 0.79%. The business 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 company posted $0.11 earnings per share. The business’s revenue for the quarter was up 2.0% compared to the same quarter last year. research analysts anticipate that Twitter Inc will post 0.15 EPS for the current year.

Several equities research analysts recently issued reports on TWTR shares. Zacks Investment Research raised shares of Twitter from a “sell” rating to a “hold” rating in a research report on Tuesday, October 24th. Pivotal Research raised their target price on shares of Twitter from $17.00 to $19.00 and gave the stock a “hold” rating in a research report on Thursday, October 26th. Stifel Nicolaus raised shares of Twitter from a “sell” rating to a “hold” rating and raised their target price for the stock from $12.00 to $17.00 in a research report on Thursday, October 26th. Susquehanna Bancshares raised their target price on shares of Twitter from $17.00 to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, October 26th. Finally, Robert W. Baird raised their target price on shares of Twitter to $20.00 and gave the stock a “neutral” rating in a research report on Thursday, October 26th. Eight analysts have rated the stock with a sell rating, twenty-two have given a hold rating and seven have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $23.46.

Several hedge funds and other institutional investors have recently bought and sold shares of TWTR. CNB Bank acquired a new position in shares of Twitter during the fourth quarter worth $101,000. Avestar Capital LLC bought a new stake in shares of Twitter in the fourth quarter worth $103,000. Balentine LLC increased its stake in shares of Twitter by 86.6% in the third quarter. Balentine LLC now owns 6,822 shares of the social networking company’s stock worth $115,000 after buying an additional 3,167 shares during the last quarter. We Are One Seven LLC bought a new stake in shares of Twitter in the fourth quarter worth $128,000. Finally, Toronto Dominion Bank increased its stake in shares of 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 buying an additional 1,333 shares during the last quarter. 52.08% of the stock is currently owned by institutional investors and hedge funds.

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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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