Twitter Inc. (TWTR) Director Evan Clark Williams Sells 546,200 Shares

Twitter Inc. (NYSE:TWTR) Director Evan Clark Williams sold 546,200 shares of the business’s stock in a transaction on Wednesday, March 14th. The stock was sold at an average price of $35.22, for a total value of $19,237,164.00. Following the completion of the transaction, the director now owns 2,147,751 shares of the company’s stock, valued at approximately $75,643,790.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

How to Become a New Pot Stock Millionaire
  • On Wednesday, March 28th, Evan Clark Williams sold 546,000 shares of Twitter stock. The stock was sold at an average price of $29.04, for a total value of $15,855,840.00.
  • On Wednesday, February 28th, Evan Clark Williams sold 546,300 shares of Twitter stock. The shares were sold at an average price of $31.91, for a total value of $17,432,433.00.
  • On Friday, February 16th, Evan Clark Williams sold 546,200 shares of Twitter stock. The shares were sold at an average price of $33.36, for a total value of $18,221,232.00.
  • 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 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 value of $443,446.99.
  • On Wednesday, 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.

Shares of TWTR traded down $0.54 during mid-day trading on Friday, hitting $28.10. 15,284,777 shares of the company’s stock were exchanged, compared to its average volume of 31,476,634. Twitter Inc. has a fifty-two week low of $14.12 and a fifty-two week high of $36.80. The company has a market capitalization of $21,505.91, a price-to-earnings ratio of 468.33, a price-to-earnings-growth ratio of 7.78 and a beta of 0.86. The company has a debt-to-equity ratio of 0.34, a quick ratio of 9.12 and a current ratio of 9.12.

Twitter (NYSE:TWTR) last announced its earnings results on Thursday, February 8th. The social networking company reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.05. The business had revenue of $731.60 million during the quarter, compared to the consensus estimate of $686.12 million. Twitter had a negative net margin of 4.42% and a positive return on equity of 0.77%. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.11 earnings per share. equities research analysts forecast that Twitter Inc. will post 0.17 EPS for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Toronto Dominion Bank raised its holdings in Twitter by 245.6% during the third quarter. Toronto Dominion Bank now owns 26,237 shares of the social networking company’s stock worth $443,000 after purchasing an additional 18,645 shares in the last quarter. University of Notre Dame DU Lac increased its holdings in Twitter by 20.6% in the fourth quarter. University of Notre Dame DU Lac now owns 356,548 shares of the social networking company’s stock valued at $8,561,000 after buying an additional 60,874 shares in the last quarter. Granite Point Capital Management L.P. purchased a new position in Twitter in the fourth quarter valued at about $960,000. California Public Employees Retirement System increased its holdings in Twitter by 26.3% in the fourth quarter. California Public Employees Retirement System now owns 2,041,480 shares of the social networking company’s stock valued at $49,016,000 after buying an additional 424,814 shares in the last quarter. Finally, Rhumbline Advisers increased its holdings in Twitter by 4.0% in the third quarter. Rhumbline Advisers now owns 739,306 shares of the social networking company’s stock valued at $12,472,000 after buying an additional 28,504 shares in the last quarter. 54.67% of the stock is owned by hedge funds and other institutional investors.

A number of analysts have recently weighed in on TWTR shares. Aegis raised Twitter from a “sell” rating to a “buy” rating and set a $30.00 price objective for the company in a research report on Tuesday, January 16th. Vetr lowered Twitter from a “strong-buy” rating to a “buy” rating and set a $26.90 target price for the company. in a research note on Wednesday, January 3rd. Robert W. Baird raised their target price on Twitter from $20.00 to $33.00 and gave the stock a “neutral” rating in a research note on Friday, February 9th. Canaccord Genuity lifted their price objective on Twitter from $21.00 to $25.00 and gave the company a “hold” rating in a research note on Friday, February 9th. Finally, SunTrust Banks lifted their price objective on Twitter to $29.00 and gave the company a “hold” rating in a research note on Friday, February 9th. They noted that the move was a valuation call. Eight investment analysts have rated the stock with a sell rating, twenty-one have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company’s stock. Twitter currently has an average rating of “Hold” and an average target price of $23.51.

COPYRIGHT VIOLATION WARNING: “Twitter Inc. (TWTR) Director Evan Clark Williams Sells 546,200 Shares” was published by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this news story on another site, it was stolen and reposted in violation of United States & international trademark & copyright legislation. The original version of this news story can be read at https://www.dispatchtribunal.com/2018/04/07/twitter-inc-twtr-director-evan-clark-williams-sells-546200-shares.html.

About Twitter

Twitter, Inc operates as a platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter that allows users to consume, create, distribute, and discover content; and Periscope, a mobile application that enables user to broadcast and watch video live with others.

Insider Buying and Selling by Quarter for Twitter (NYSE:TWTR)

Receive News & Ratings for Twitter Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twitter and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply