Insider Selling: Twitter, Inc. (TWTR) CAO Sells $137,861.34 in Stock

Twitter, Inc. (NYSE:TWTR) CAO Robert Kaiden sold 7,802 shares of the business’s stock in a transaction on Monday, February 6th. The stock was sold at an average price of $17.67, for a total value of $137,861.34. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Robert Kaiden also recently made the following trade(s):

  • On Thursday, December 1st, Robert Kaiden sold 3,988 shares of Twitter stock. The stock was sold at an average price of $18.19, for a total value of $72,541.72.

Shares of Twitter, Inc. (NYSE:TWTR) opened at 15.58 on Monday. The company has a 50-day moving average price of $17.01 and a 200 day moving average price of $18.35. The firm’s market capitalization is $11.12 billion. Twitter, Inc. has a one year low of $13.73 and a one year 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 consensus estimate of $0.12 by $0.04. Twitter had a negative net margin of 18.06% and a negative return on equity of 4.59%. The company had revenue of $717 million for the quarter, compared to the consensus estimate of $740.17 million. During the same quarter in the previous year, the firm posted $0.16 EPS. The business’s revenue was up .9% compared to the same quarter last year. Analysts expect that Twitter, Inc. will post $0.56 earnings per share for the current fiscal year.

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

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Several research analysts recently commented on the company. Mizuho reissued an “underperform” rating on shares of Twitter in a research note on Thursday, November 10th. Vetr cut Twitter from a “strong-buy” rating to a “buy” rating and set a $21.09 target price for the company. in a research note on Tuesday, November 15th. Monness Crespi & Hardt reissued a “neutral” rating on shares of Twitter in a research note on Friday, December 16th. Aegis initiated coverage on Twitter in a research note on Tuesday, January 3rd. They set a “sell” rating and a $14.00 target price for the company. Finally, BTIG Research raised Twitter from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $18.26 to $25.00 in a report on Wednesday, February 8th. Seventeen investment analysts have rated the stock with a sell rating, twenty-four have issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $16.09.

A number of hedge funds 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 worth $107,000 after buying an additional 200 shares during the last quarter. Advisory Services Network LLC boosted its stake in Twitter by 24.1% in the third quarter. Advisory Services Network LLC now owns 4,890 shares of the social networking company’s stock worth $113,000 after buying an additional 950 shares during the last quarter. Massey Quick & Co. LLC acquired a new stake in Twitter during the fourth quarter worth $130,000. Edmond de Rothschild Europe acquired a new stake in Twitter during the third quarter worth $149,000. Finally, TRUE Private Wealth Advisors acquired a new stake in Twitter during the second quarter worth $175,000. 44.45% of the stock is currently owned by institutional investors and hedge funds.

About Twitter

Twitter, Inc (Twitter) offers products and services for users, advertisers, developers and platform and data partners. The Company’s service is live-live commentary, live connections, live conversations. Its products and services for users include Twitter, and Periscope and Vine. Its Twitter is a platform for public self-expression and conversation in real time.

5 Day Chart for NYSE:TWTR

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