Twitter Inc (NYSE:TWTR) General Counsel Vijaya Gadde sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 4th. The shares were sold at an average price of $14.71, for a total value of $220,650.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Vijaya Gadde also recently made the following trade(s):
- On Monday, April 3rd, Vijaya Gadde sold 7,500 shares of Twitter stock. The stock was sold at an average price of $14.76, for a total value of $110,700.00.
Twitter Inc (NYSE:TWTR) traded up 0.14% on Friday, hitting $14.67. The stock had a trading volume of 10,978,158 shares. The company has a 50-day moving average price of $14.90 and a 200 day moving average price of $17.03. The firm’s market cap is $10.51 billion. Twitter Inc has a 52-week low of $13.73 and a 52-week high of $25.25.
Twitter (NYSE:TWTR) last posted its quarterly earnings data on Thursday, February 9th. The social networking company reported $0.16 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.04. Twitter had a negative return on equity of 4.59% and a negative net margin of 18.06%. The company had revenue of $717 million for the quarter, compared to analysts’ expectations of $740.17 million. During the same period in the previous year, the firm posted $0.16 EPS. Twitter’s revenue was up .9% compared to the same quarter last year. Equities analysts forecast that Twitter Inc will post $0.30 earnings per share for the current fiscal year.
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A number of large investors have recently bought and sold shares of TWTR. Apriem Advisors boosted its stake in Twitter by 4.5% in the third quarter. Apriem Advisors now owns 4,650 shares of the social networking company’s stock valued at $107,000 after buying an additional 200 shares during the last quarter. Massey Quick & Co. LLC purchased a new stake in Twitter during the fourth quarter valued at about $130,000. Edmond de Rothschild Europe purchased a new stake in Twitter during the third quarter valued at about $149,000. TRUE Private Wealth Advisors purchased a new stake in Twitter during the first quarter valued at about $153,000. Finally, Atria Investments LLC boosted its stake in Twitter by 2.6% in the first quarter. Atria Investments LLC now owns 10,404 shares of the social networking company’s stock valued at $156,000 after buying an additional 268 shares during the last quarter. Institutional investors own 44.45% of the company’s stock.
TWTR has been the topic of a number of research reports. Cantor Fitzgerald lowered their target price on Twitter to $16.00 in a research report on Friday, February 10th. Jefferies Group LLC lowered their target price on Twitter to $20.00 in a research report on Friday, February 10th. Evercore ISI reaffirmed a “buy” rating and set a $17.00 target price on shares of Twitter in a research report on Friday, January 6th. Vetr lowered Twitter from a “strong-buy” rating to a “buy” rating and set a $18.24 price target for the company. in a research report on Wednesday, January 4th. Finally, BTIG Research raised Twitter from a “neutral” rating to a “buy” rating and increased their price target for the company from $18.26 to $25.00 in a research report on Wednesday, February 8th. Seventeen analysts have rated the stock with a sell rating, twenty-three have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $15.76.
Twitter, Inc offers products and services for users, advertisers, developers and data partners. The Company’s products and services include Twitter, Periscope, Promoted Tweets, Promoted Accounts and Promoted Trends. Its Twitter is a platform for public self-expression and conversation in real time. Periscope broadcasts can also be viewed through Twitter and on desktop or mobile Web browser.
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