Twitter Inc (NYSE:TWTR) Insider Michael Montano Sells 1,250 Shares

Twitter Inc (NYSE:TWTR) insider Michael Montano sold 1,250 shares of Twitter stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $41.70, for a total value of $52,125.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

  • On Monday, August 5th, Michael Montano sold 1,250 shares of Twitter stock. The shares were sold at an average price of $41.61, for a total value of $52,012.50.
  • On Monday, July 22nd, Michael Montano sold 1,250 shares of Twitter stock. The shares were sold at an average price of $36.95, for a total value of $46,187.50.
  • On Friday, July 5th, Michael Montano sold 1,250 shares of Twitter stock. The shares were sold at an average price of $36.00, for a total value of $45,000.00.
  • On Thursday, June 20th, Michael Montano sold 1,250 shares of Twitter stock. The shares were sold at an average price of $36.30, for a total value of $45,375.00.
  • On Wednesday, June 5th, Michael Montano sold 1,250 shares of Twitter stock. The shares were sold at an average price of $36.50, for a total value of $45,625.00.

TWTR stock traded down $0.74 during midday trading on Thursday, hitting $42.06. 184,098 shares of the company’s stock were exchanged, compared to its average volume of 17,689,478. The company has a current ratio of 4.33, a quick ratio of 4.33 and a debt-to-equity ratio of 0.29. Twitter Inc has a 12-month low of $26.19 and a 12-month high of $43.48. The firm has a 50 day moving average price of $39.58 and a 200-day moving average price of $35.89. The stock has a market capitalization of $32.23 billion, a price-to-earnings ratio of 76.18, a price-to-earnings-growth ratio of 0.86 and a beta of 0.62.



Twitter (NYSE:TWTR) last posted its quarterly earnings data 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. Twitter had a return on equity of 7.93% and a net margin of 71.46%. The company had revenue of $841.40 million for the quarter, compared to the consensus estimate of $828.07 million. During the same period in the previous year, the business earned $0.17 EPS. Twitter’s revenue for the quarter was up 18.4% compared to the same quarter last year. On average, sell-side analysts forecast that Twitter Inc will post 2.06 EPS for the current fiscal year.

Hedge funds have recently bought and sold shares of the business. Resources Investment Advisors LLC. purchased a new stake in Twitter during the 2nd quarter worth approximately $30,000. Ellevest Inc. increased its holdings in Twitter by 4,150.0% during the 2nd quarter. Ellevest Inc. now owns 850 shares of the social networking company’s stock worth $30,000 after purchasing an additional 830 shares during the last quarter. Kings Point Capital Management purchased a new stake in Twitter during the 2nd quarter worth approximately $35,000. Cullen Frost Bankers Inc. purchased a new stake in Twitter during the 1st quarter worth approximately $33,000. Finally, Optimus Prime Fund Management Co. Ltd. purchased a new stake in Twitter during the 2nd quarter worth approximately $35,000. Institutional investors own 68.77% of the company’s stock.

TWTR has been the topic of several research analyst reports. Morgan Stanley reaffirmed an “equal weight” rating and issued a $35.00 price objective (up from $32.00) on shares of Twitter in a research note on Tuesday, August 6th. Pivotal Research initiated coverage on Twitter in a research note on Wednesday, May 29th. They issued a “buy” rating and a $48.00 price objective on the stock. Goldman Sachs Group set a $52.00 price objective on Twitter and gave the company a “buy” rating in a research note on Friday, July 26th. Wedbush reaffirmed a “neutral” rating and issued a $42.00 price objective on shares of Twitter in a research note on Monday, July 29th. Finally, Cfra raised Twitter to a “hold” rating and set a $41.00 price objective on the stock in a research note on Wednesday, July 31st. Four analysts have rated the stock with a sell rating, seventeen have issued a hold rating and fifteen have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $40.91.

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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