Twitter Inc (NYSE:TWTR) Insider Sells $45,375.00 in Stock

Twitter Inc (NYSE:TWTR) insider Michael Montano sold 1,250 shares of the firm’s stock in a transaction dated Thursday, June 20th. The stock was sold at an average price of $36.30, for a total transaction of $45,375.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Michael Montano also recently made the following trade(s):

  • On Wednesday, June 5th, Michael Montano sold 1,250 shares of Twitter stock. The stock was sold at an average price of $36.50, for a total transaction of $45,625.00.
  • On Monday, May 20th, Michael Montano sold 1,250 shares of Twitter stock. The stock was sold at an average price of $37.17, for a total transaction of $46,462.50.
  • On Friday, April 5th, Michael Montano sold 1,250 shares of Twitter stock. The shares were sold at an average price of $34.69, for a total transaction of $43,362.50.

NYSE:TWTR opened at $35.02 on Monday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.47 and a current ratio of 4.47. Twitter Inc has a one year low of $26.19 and a one year high of $46.90. The company has a market cap of $26.92 billion, a P/E ratio of 63.67, a price-to-earnings-growth ratio of 2.23 and a beta of 0.69.

Twitter (NYSE:TWTR) last posted its earnings results on Tuesday, April 23rd. The social networking company reported $0.37 EPS for the quarter, topping the consensus estimate of $0.06 by $0.31. Twitter had a net margin of 42.20% and a return on equity of 8.37%. The business had revenue of $787.00 million for the quarter, compared to the consensus estimate of $775.16 million. During the same period last year, the company earned $0.16 EPS. The firm’s revenue was up 18.3% compared to the same quarter last year. On average, analysts expect that Twitter Inc will post 0.67 earnings per share for the current fiscal year.

A number of large investors have recently bought and sold shares of the stock. JOYN Advisors Inc. lifted its position in shares of Twitter by 258.5% in the 4th quarter. JOYN Advisors Inc. now owns 1,018 shares of the social networking company’s stock worth $29,000 after purchasing an additional 734 shares during the period. Mosaic Family Wealth LLC lifted its position in shares of Twitter by 47.3% in the 4th quarter. Mosaic Family Wealth LLC now owns 1,106 shares of the social networking company’s stock worth $32,000 after purchasing an additional 355 shares during the period. Moody National Bank Trust Division lifted its position in shares of Twitter by 92.6% in the 1st quarter. Moody National Bank Trust Division now owns 994 shares of the social networking company’s stock worth $33,000 after purchasing an additional 478 shares during the period. First Financial Corp IN acquired a new position in shares of Twitter in the 1st quarter worth approximately $33,000. Finally, Asset Dedication LLC acquired a new position in shares of Twitter in the 1st quarter worth approximately $33,000. Institutional investors and hedge funds own 67.09% of the company’s stock.

TWTR has been the topic of several recent analyst reports. Oppenheimer raised their target price on shares of Twitter from $33.00 to $44.00 and gave the company an “outperform” rating in a report on Wednesday, April 24th. Jefferies Financial Group raised their target price on shares of Twitter from $33.00 to $41.00 and gave the company a “hold” rating in a report on Wednesday, April 24th. JPMorgan Chase & Co. reissued a “buy” rating and issued a $40.00 target price on shares of Twitter in a report on Tuesday, April 23rd. Guggenheim reissued a “buy” rating and issued a $44.00 target price (up from $41.00) on shares of Twitter in a report on Wednesday, April 24th. Finally, Wells Fargo & Co raised their target price on shares of Twitter from $33.00 to $40.00 and gave the company a “market perform” rating in a report on Wednesday, April 24th. Three analysts have rated the stock with a sell rating, seventeen have issued a hold rating and sixteen have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $39.78.

Twitter Company Profile

Twitter, Inc operates as a platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter, a platform 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.

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

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