Twitter, Inc. (NYSE:TWTR) is at least 59.92% than its current record low price of $14.12. There was a 4.25% gain on 12/14/2017 that led the price to move at $22.58. At recent session, the prices were hovering between $21.62 and $23.24. This company shares are -16.74% up from its target price of $18.8 and the current market capitalization stands at $16.84B. The recent change has given its price a 13.67% lead over SMA 50 and 0.44% lead over its 52-week high. The stock witnessed 12.62% gains, 25.37% gains and 35.45% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found TWTR’s volatility during a week at 3.98% and during a month it has been found around 3.49%.
Twitter, Inc. (TWTR) Top Holders
Institutional investors currently hold around $8.24 billion or 52.4% in TWTR stock. Look at its top three institutional owners. Vanguard Group Inc owns $1.09 billion in Twitter, Inc., which represents roughly 6.45% of the company’s market cap and approximately 13.19% of the institutional ownership. Similar statistics are true for the second largest owner, Clearbridge Investments, Llc, which owns 36,361,006 shares of the stock are valued at $787.58 million. The third largest holder is Blackrock Inc., which currently holds $677.07 million worth of this stock and that ownership represents nearly 4.02% of its market capitalization.
Twitter, Inc. 13F Filings
At the end of 09/30/2017 reporting period, 244 institutional holders increased their position in Twitter, Inc. (NYSE:TWTR) by some 42,111,542 shares, 210 decreased positions by 26,406,395 and 93 held positions by 311,741,751. That puts total institutional holdings at 380,259,688 shares, according to SEC filings. The stock grabbed 73 new institutional investments totaling 19,529,222 shares while 63 institutional investors sold out their entire positions totaling 9,168,008 shares.
Twitter, Inc. (NYSE:TWTR) Insider Trades
Multiple company employees have indulged in significant insider trading. Twitter, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Chief Accounting Officer Kaiden Robert has sold 3,570 shares of Twitter, Inc. (TWTR) in trading session dated Dec. 06, 2017. These shares are worth $74,970 and were traded at $21 each. The SEC filing shows that Gadde Vijaya performed a sale of 30,000 shares. The General Counsel disposed these shares by way of transaction on Dec. 06, 2017. The company’s shares were given away at $20.86 per share worth to an income of some $625,800 on account of Gadde Vijaya.
Chief Accounting Officer, Kaiden Robert, sold 3,930 common shares of Twitter, Inc. (TWTR) in the open market. In a transaction dated Dec. 01, 2017, the shares were put up for sale at an average price of $20.62, raking in a sum of $81,037. After this sale, 150,145 common shares of TWTR are directly owned by the insider, with total stake valued at $3,390,274.
In the transaction dated Nov. 29, 2017, the great number of shares disposed came courtesy the Director; Williams Evan Clark disposed a total of 1,982,985 shares at an average price of $21.12, amounting to approximately $41,880,643. The insider now directly owns 33,437,609 shares worth $755,021,211.
Twitter, Inc. (TWTR) Analyst Guide
Several analysts have released their opinion on Twitter, Inc. (NYSE:TWTR), with 1 analysts believing it is a strong buy. Whereas 19 of them predict the stock is a hold. Also, there are 0 buy, 1 sell and 7 strong sell ratings, collectively assigning a 3.44 average brokerage recommendation.