Insider Selling: Twitter Inc (NYSE:TWTR) Insider Sells 8,332 Shares of Stock

Twitter Inc (NYSE:TWTR) insider Vijaya Gadde sold 8,332 shares of the stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $43.29, for a total value of $360,692.28. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Vijaya Gadde also recently made the following trade(s):

  • On Friday, July 26th, Vijaya Gadde sold 12,498 shares of Twitter stock. The stock was sold at an average price of $40.00, for a total value of $499,920.00.

Shares of NYSE:TWTR traded down $1.96 on Tuesday, reaching $41.42. 14,210,683 shares of the company traded hands, compared to its average volume of 15,483,583. Twitter Inc has a fifty-two week low of $26.19 and a fifty-two week high of $45.85. The company’s 50 day moving average is $42.30 and its 200-day moving average is $37.79. The stock 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. The company has a debt-to-equity ratio of 0.29, a current ratio of 4.33 and a quick ratio of 4.33.



Twitter (NYSE:TWTR) last announced its quarterly earnings data on Friday, July 26th. The social networking company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $828.07 million. During the same quarter in the prior year, the firm earned $0.17 EPS. The company’s quarterly revenue was up 18.4% compared to the same quarter last year. As a group, analysts expect that Twitter Inc will post 2.06 EPS for the current year.

A number of equities research analysts have weighed in on TWTR shares. Jefferies Financial Group upped their target price on Twitter from $41.00 to $44.00 and gave the stock a “hold” rating in a research report on Monday, July 29th. Royal Bank of Canada upped their target price on Twitter to $42.00 and gave the stock a “sector perform” rating in a research report on Monday, July 29th. Zacks Investment Research downgraded Twitter from a “strong-buy” rating to a “hold” rating and set a $49.00 target price for the company. in a research report on Thursday, August 1st. Mizuho set a $35.00 target price on Twitter and gave the stock a “sell” rating in a research report on Friday, July 26th. Finally, Wedbush restated a “neutral” rating and issued a $42.00 target price on shares of Twitter in a research report on Monday, July 29th. Four investment analysts have rated the stock with a sell rating, eighteen have issued a hold rating and fifteen have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $41.35.

Several institutional investors and hedge funds have recently added to or reduced their stakes in TWTR. SG Americas Securities LLC lifted its holdings in shares of Twitter by 101.2% in the first quarter. SG Americas Securities LLC now owns 4,459 shares of the social networking company’s stock valued at $147,000 after purchasing an additional 380,112 shares in the last quarter. TD Asset Management Inc. lifted its holdings in shares of Twitter by 2.5% in the first quarter. TD Asset Management Inc. now owns 245,472 shares of the social networking company’s stock valued at $8,071,000 after purchasing an additional 6,062 shares in the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Twitter by 19.2% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 109,819 shares of the social networking company’s stock valued at $3,611,000 after purchasing an additional 17,665 shares in the last quarter. First Trust Advisors LP lifted its holdings in shares of Twitter by 23.1% in 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 purchasing an additional 1,673,894 shares in the last quarter. Finally, California State Teachers Retirement System lifted its holdings in shares of Twitter by 0.4% in the first quarter. California State Teachers Retirement System now owns 1,171,771 shares of the social networking company’s stock valued at $38,528,000 after purchasing an additional 4,900 shares in the last quarter. Institutional investors own 69.18% 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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