Insider Selling: Twitter Inc (NYSE:TWTR) Insider Sells 1,250 Shares of Stock

Twitter Inc (NYSE:TWTR) insider Michael Montano sold 1,250 shares of the business’s stock in a transaction on Friday, September 20th. The stock was sold at an average price of $43.13, for a total value of $53,912.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Thursday, September 5th, Michael Montano sold 1,250 shares of Twitter stock. The stock was sold at an average price of $43.78, for a total value of $54,725.00.
  • On Tuesday, August 20th, Michael Montano sold 1,250 shares of Twitter stock. The stock was sold at an average price of $41.70, for a total value of $52,125.00.
  • On Monday, August 5th, Michael Montano sold 1,250 shares of Twitter stock. The stock was 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 stock was 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 stock was sold at an average price of $36.00, for a total value of $45,000.00.

TWTR stock traded down $1.96 during trading on Tuesday, reaching $41.42. 14,210,683 shares of the stock traded hands, compared to its average volume of 15,483,583. The business’s 50 day moving average price is $42.30 and its 200-day moving average price is $37.79. Twitter Inc has a 52-week low of $26.19 and a 52-week high of $45.85. The company has a debt-to-equity ratio of 0.29, a current ratio of 4.33 and a quick ratio of 4.33. The firm has a market capitalization of $33.42 billion, a PE ratio of 75.31, a P/E/G ratio of 0.89 and a beta of 0.58.



Twitter (NYSE:TWTR) last posted its quarterly earnings results on Friday, July 26th. The social networking company reported $0.12 earnings per share (EPS) for the quarter, beating the Zacks’ 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 firm had revenue of $841.40 million during the quarter, compared to the consensus estimate of $828.07 million. During the same quarter in the previous year, the business earned $0.17 earnings per share. The firm’s quarterly revenue was up 18.4% compared to the same quarter last year. On average, equities research analysts predict that Twitter Inc will post 2.06 earnings per share for the current year.

A number of hedge funds have recently bought and sold shares of TWTR. Nuveen Asset Management LLC grew its position in Twitter by 17,011.6% during the second quarter. Nuveen Asset Management LLC now owns 10,494,744 shares of the social networking company’s stock valued at $366,266,000 after acquiring an additional 10,433,413 shares during the period. Renaissance Technologies LLC grew its position in Twitter by 331.4% during the second quarter. Renaissance Technologies LLC now owns 7,337,600 shares of the social networking company’s stock valued at $256,082,000 after acquiring an additional 5,636,902 shares during the period. Clearbridge Investments LLC grew its position in Twitter by 11.5% during the first quarter. Clearbridge Investments LLC now owns 30,512,378 shares of the social networking company’s stock valued at $1,003,247,000 after acquiring an additional 3,144,553 shares during the period. First Trust Advisors LP grew its position in Twitter by 23.1% during the first quarter. First Trust Advisors LP now owns 8,908,905 shares of the social networking company’s stock valued at $292,925,000 after acquiring an additional 1,673,894 shares during the period. Finally, Vanguard Group Inc. grew its position in Twitter by 2.0% during the second quarter. Vanguard Group Inc. now owns 78,372,606 shares of the social networking company’s stock valued at $2,735,204,000 after acquiring an additional 1,510,879 shares during the period. 69.18% of the stock is owned by hedge funds and other institutional investors.

A number of equities research analysts have recently commented on TWTR shares. Cascend Securities lifted their price objective on Twitter from $50.00 to $55.00 and gave the company a “buy” rating in a research report on Friday, September 6th. Pivotal Research started coverage on Twitter in a research report on Wednesday, May 29th. They issued a “buy” rating and a $48.00 price objective for the company. Zacks Investment Research downgraded Twitter from a “strong-buy” rating to a “hold” rating and set a $49.00 price objective for the company. in a research report on Thursday, August 1st. Citigroup set a $45.00 price objective on Twitter and gave the company a “hold” rating in a research report on Friday, September 6th. Finally, Cfra raised Twitter to a “hold” rating and set a $41.00 price objective for the company in a research report on Wednesday, July 31st. Four analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and fifteen have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $41.35.

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.

Read More: Margin

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.