Twitter Inc (NYSE:TWTR) Insider Sells $406,340.64 in Stock

Twitter Inc (NYSE:TWTR) insider Robert Kaiden sold 9,441 shares of the business’s stock in a transaction dated Thursday, August 1st. The shares were sold at an average price of $43.04, for a total transaction of $406,340.64. The sale was disclosed in a legal filing with the SEC, which is available at this link.

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

  • On Monday, July 1st, Robert Kaiden sold 487 shares of Twitter stock. The shares were sold at an average price of $35.61, for a total transaction of $17,342.07.
  • On Thursday, June 20th, Robert Kaiden sold 7,491 shares of Twitter stock. The shares were sold at an average price of $35.80, for a total transaction of $268,177.80.
  • On Monday, June 3rd, Robert Kaiden sold 3,796 shares of Twitter stock. The shares were sold at an average price of $35.70, for a total transaction of $135,517.20.
  • On Monday, May 6th, Robert Kaiden sold 8,291 shares of Twitter stock. The shares were sold at an average price of $40.00, for a total transaction of $331,640.00.

NYSE:TWTR opened at $42.85 on Monday. Twitter Inc has a one year low of $26.19 and a one year high of $43.48. The company has a debt-to-equity ratio of 0.29, a current ratio of 4.33 and a quick ratio of 4.47. The business’s 50-day simple moving average is $37.36. The company has a market capitalization of $32.53 billion, a price-to-earnings ratio of 77.91, a P/E/G ratio of 0.96 and a beta of 0.62.

Twitter (NYSE:TWTR) last issued its earnings results on Friday, July 26th. The social networking company reported $0.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.03. The firm had revenue of $841.40 million for the quarter, compared to the consensus estimate of $828.07 million. Twitter had a net margin of 71.46% and a return on equity of 7.93%. The business’s revenue was up 18.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.17 earnings per share. As a group, analysts anticipate that Twitter Inc will post 1.87 earnings per share for the current year.

Several equities analysts recently issued reports on TWTR shares. CIBC reiterated an “outperform” rating and set a $44.00 price target (up previously from $33.00) on shares of Twitter in a research report on Wednesday, April 24th. Mizuho set a $35.00 price target on shares of Twitter and gave the company a “sell” rating in a research report on Friday, July 26th. Nomura boosted their price target on shares of Twitter from $33.00 to $38.00 and gave the company a “neutral” rating in a research report on Monday, July 29th. SunTrust Banks boosted their price target on shares of Twitter to $41.00 and gave the company a “hold” rating in a research report on Monday, July 29th. They noted that the move was a valuation call. Finally, Consumer Edge started coverage on shares of Twitter in a research report on Friday, May 17th. They set an “equal weight” rating and a $38.30 price target on the stock. Four research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and fifteen have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $40.82.

Hedge funds and other institutional investors have recently modified their holdings of the company. First Financial Corp IN bought a new position in shares of Twitter in the first quarter worth approximately $33,000. Moody National Bank Trust Division lifted its stake in shares of Twitter by 92.6% in the first quarter. Moody National Bank Trust Division now owns 994 shares of the social networking company’s stock worth $33,000 after buying an additional 478 shares in the last quarter. Asset Dedication LLC bought a new position in shares of Twitter in the first quarter worth approximately $33,000. Cullen Frost Bankers Inc. bought a new position in shares of Twitter in the first quarter worth approximately $33,000. Finally, Liberty Wealth Management LLC bought a new position in shares of Twitter in the fourth quarter worth approximately $37,000. Hedge funds and other institutional investors own 67.18% of the company’s stock.

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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