Quadrature Capital Ltd Invests $10.69 Million in Twitter Inc (TWTR) Stock

Quadrature Capital Ltd acquired a new position in shares of Twitter Inc (NYSE:TWTR) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 445,175 shares of the social networking company’s stock, valued at approximately $10,693,000. Twitter makes up approximately 1.0% of Quadrature Capital Ltd’s holdings, making the stock its 23rd largest position. Quadrature Capital Ltd owned approximately 0.06% of Twitter at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in TWTR. Balentine LLC boosted its stake 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 purchasing an additional 3,167 shares in the last quarter. Toronto Dominion Bank boosted its stake 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 purchasing an additional 1,333 shares in the last quarter. Marcus Capital LLC acquired a new stake in shares of Twitter in the 4th quarter valued at approximately $212,000. Telemus Capital LLC acquired a new stake in shares of Twitter in the 4th quarter valued at approximately $214,000. Finally, Malaga Cove Capital LLC acquired a new stake in shares of Twitter in the 3rd quarter valued at approximately $154,000. Hedge funds and other institutional investors own 52.08% of the company’s stock.

Shares of Twitter Inc (NYSE:TWTR) opened at $32.11 on Friday. The firm has a market cap of $24,794.45, a price-to-earnings ratio of -200.69, a PEG ratio of 9.51 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. Twitter Inc has a one year low of $14.12 and a one year high of $35.00.

Twitter (NYSE:TWTR) last posted its quarterly earnings results on Thursday, February 8th. The social networking company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $686.12 million. During the same quarter last year, the firm posted $0.11 EPS. Twitter’s revenue was up 2.0% compared to the same quarter last year. analysts expect that Twitter Inc will post 0.16 earnings per share for the current fiscal year.

A number of equities research analysts have recently weighed in on the stock. Barclays raised their price target on shares of Twitter from $16.00 to $18.00 and gave the company an “underweight” rating in a research note on Friday, October 27th. Vetr downgraded shares of Twitter from a “strong-buy” rating to a “hold” rating and set a $19.88 price target on the stock. in a research note on Thursday, October 26th. Citigroup upgraded shares of Twitter from a “sell” rating to a “neutral” rating and raised their price objective for the company from $19.90 to $20.00 in a report on Monday, November 6th. SunTrust Banks raised their price objective on shares of Twitter to $29.00 and gave the company a “hold” rating in a report on Friday, February 9th. They noted that the move was a valuation call. Finally, Wells Fargo & Co raised their price objective on shares of Twitter to $28.00 and gave the company a “market perform” rating in a report on Friday, February 9th. Eight investment analysts have rated the stock with a sell rating, twenty-two have issued a hold rating and seven have issued a buy rating to the stock. Twitter currently has an average rating of “Hold” and a consensus price target of $23.46.

In related news, Director Evan Clark Williams sold 1,982,985 shares of Twitter stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $21.12, for a total value of $41,880,643.20. Following the completion of the sale, the director now owns 2,401,747 shares of the company’s stock, valued at approximately $50,724,896.64. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, General Counsel Vijaya Gadde sold 15,000 shares of Twitter stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $20.71, for a total transaction of $310,650.00. The disclosure for this sale can be found here. In the last three months, insiders sold 3,206,211 shares of company stock valued at $76,385,443. 10.79% of the stock is currently owned by insiders.

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Twitter 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.

Institutional Ownership by Quarter for Twitter (NYSE:TWTR)

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