TWTR Stock: Twitter Inc Director Evan Clark Williams Sells 18,347 Shares

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Twitter Inc (NYSE:TWTR) Director Evan Clark Williams sold 18,347 shares of the firm’s stock in a transaction that occurred on Wednesday, January 10th. The stock was sold at an average price of $24.17, for a total transaction of $443,446.99. Following the sale, the director now owns 2,291,665 shares of the company’s stock, valued at $55,389,543.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

  • On Thursday, December 27th, Evan Clark Williams sold 18,347 shares of Twitter stock. The stock was sold at an average price of $24.27, for a total transaction of $445,281.69.
  • On Thursday, December 28th, Evan Clark Williams sold 546,200 shares of Twitter stock. The stock was sold at an average price of $24.29, for a total transaction of $13,267,198.00.
  • On Wednesday, December 13th, Evan Clark Williams sold 18,347 shares of Twitter stock. The stock was sold at an average price of $21.66, for a total transaction of $397,396.02.
  • On Wednesday, November 29th, Evan Clark Williams sold 1,982,985 shares of Twitter stock. The stock was sold at an average price of $21.12, for a total transaction of $41,880,643.20.
  • On Wednesday, November 15th, Evan Clark Williams sold 565,000 shares of Twitter stock. The stock was sold at an average price of $20.08, for a total transaction of $11,345,200.00.
  • On Tuesday, October 31st, Evan Clark Williams sold 2,000,300 shares of Twitter stock. The stock was sold at an average price of $21.06, for a total transaction of $42,126,318.00.

 

Shares of Twitter Inc (TWTR) traded up $1.06 on Friday, reaching $25.41. 37,018,897 shares of the company’s stock traded hands, compared to its average volume of 17,420,000. Twitter Inc has a 1-year low of $14.12 and a 1-year high of $25.85. The firm has a market capitalization of $18,870.00, a P/E ratio of -49.82, a P/E/G ratio of 10.62 and a beta of 1.11. The company has a current ratio of 10.40, a quick ratio of 10.40 and a debt-to-equity ratio of 0.35.

Twitter (NYSE:TWTR) last announced its quarterly earnings data on Thursday, October 26th. The social networking company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.07 by $0.03. Twitter had a negative net margin of 15.08% and a negative return on equity of 1.21%. The business had revenue of $590.00 million during the quarter, compared to the consensus estimate of $586.22 million. During the same period in the previous year, the business earned $0.09 earnings per share. The company’s revenue was down 4.2% on a year-over-year basis. equities analysts expect that Twitter Inc will post 0.02 earnings per share for the current year.

Institutional investors and hedge funds have recently made changes to their positions in the business. Exane Derivatives raised its position in Twitter by 18.7% during the third quarter. Exane Derivatives now owns 59,516 shares of the social networking company’s stock valued at $1,004,000 after purchasing an additional 9,363 shares in the last quarter. Toronto Dominion Bank raised its position in Twitter by 21.3% during the second quarter. Toronto Dominion Bank now owns 7,592 shares of the social networking company’s stock valued at $136,000 after purchasing an additional 1,333 shares in the last quarter. Global X MANAGEMENT CO LLC raised its position in Twitter by 16.3% during the third quarter. Global X MANAGEMENT CO LLC now owns 835,541 shares of the social networking company’s stock valued at $14,096,000 after purchasing an additional 116,985 shares in the last quarter. PineView Asset Management LP raised its position in Twitter by 179.4% during the second quarter. PineView Asset Management LP now owns 799,121 shares of the social networking company’s stock valued at $35,689,000 after purchasing an additional 513,084 shares in the last quarter. Finally, Amerigo Asset Management raised its position in Twitter by 46.2% during the third quarter. Amerigo Asset Management now owns 6,875,910 shares of the social networking company’s stock valued at $115,997,000 after purchasing an additional 2,172,000 shares in the last quarter. Institutional investors and hedge funds own 50.69% of the company’s stock.

Several brokerages have issued reports on TWTR. Cantor Fitzgerald restated a “hold” rating and set a $16.00 price objective on shares of Twitter in a research report on Monday, October 23rd. Pivotal Research restated a “hold” rating and set a $21.00 price objective on shares of Twitter in a research report on Wednesday. BTIG Research raised their price objective on shares of Twitter from $25.00 to $30.00 and gave the stock a “buy” rating in a research report on Friday. Zacks Investment Research upgraded shares of Twitter from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a research report on Friday. Finally, BidaskClub upgraded shares of Twitter from a “hold” rating to a “buy” rating in a research report on Friday, October 6th. Twelve research analysts have rated the stock with a sell rating, twenty have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $18.90.

About Twitter

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.

Insider Buying and Selling by Quarter for Twitter (NYSE:TWTR)

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I have been a technology and gaming writer for the last seven years for brands like CNET, The Inquirer and Pocket-lint, but I've loved technology my whole life. I've also been lucky enough to work for the BBC where I maanaged the Top Gear website and worked on countless other shos, including science and technology focused Tomorrow's World. In 2012, I presented a sSky TV show called Gadget Geeks and now I'm a writer at The Enterprise Daily.

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