Highlander Capital Management LLC Has $121,000 Position in Twitter, Inc. (TWTR)

Highlander Capital Management LLC held its stake in shares of Twitter, Inc. (NYSE:TWTR) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,850 shares of the social networking company’s stock at the close of the 2nd quarter. Highlander Capital Management LLC’s holdings in Twitter were worth $121,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Rothschild Asset Management Inc. increased its position in shares of Twitter by 0.4% in the 2nd quarter. Rothschild Asset Management Inc. now owns 35,078 shares of the social networking company’s stock valued at $627,000 after buying an additional 151 shares in the last quarter. Nordea Investment Management AB increased its position in shares of Twitter by 1.4% in the 1st quarter. Nordea Investment Management AB now owns 18,605 shares of the social networking company’s stock valued at $278,000 after buying an additional 257 shares in the last quarter. Pacer Advisors Inc. increased its position in shares of Twitter by 3.3% in the 1st quarter. Pacer Advisors Inc. now owns 14,272 shares of the social networking company’s stock valued at $213,000 after buying an additional 456 shares in the last quarter. Comerica Bank increased its position in shares of Twitter by 1.8% in the 2nd quarter. Comerica Bank now owns 27,861 shares of the social networking company’s stock valued at $557,000 after buying an additional 489 shares in the last quarter. Finally, Hills Bank & Trust Co. increased its position in shares of Twitter by 4.7% in the 2nd quarter. Hills Bank & Trust Co. now owns 13,330 shares of the social networking company’s stock valued at $238,000 after buying an additional 595 shares in the last quarter. Institutional investors own 49.14% of the company’s stock.

Shares of Twitter, Inc. (NYSE:TWTR) traded up 0.890% on Wednesday, reaching $17.565. 2,854,487 shares of the company were exchanged. The stock’s market capitalization is $12.96 billion. Twitter, Inc. has a 12-month low of $14.12 and a 12-month high of $20.88. The firm has a 50 day moving average price of $17.31 and a 200-day moving average price of $17.19.

Twitter (NYSE:TWTR) last posted its earnings results on Thursday, July 27th. The social networking company reported $0.08 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.03. The business had revenue of $574.00 million for the quarter, compared to analyst estimates of $536.63 million. Twitter had a negative net margin of 18.25% and a negative return on equity of 2.91%. Twitter’s revenue was down 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.13 EPS. On average, analysts predict that Twitter, Inc. will post $0.33 EPS for the current fiscal year.

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A number of research firms recently commented on TWTR. Barclays PLC restated a “sell” rating and issued a $16.00 price objective on shares of Twitter in a research report on Friday, July 28th. Vetr upgraded shares of Twitter from a “buy” rating to a “strong-buy” rating and set a $19.82 price objective for the company in a research report on Tuesday. Pivotal Research restated a “hold” rating and issued a $17.00 price objective (up previously from $15.00) on shares of Twitter in a research report on Monday, July 17th. Zacks Investment Research upgraded shares of Twitter from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a research report on Wednesday, August 2nd. Finally, Robert W. Baird restated a “hold” rating and issued a $17.00 price objective on shares of Twitter in a research report on Friday, September 1st. Sixteen investment analysts have rated the stock with a sell rating, twenty-two have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $15.44.

In other news, Director Evan Clark Williams sold 9,845 shares of the stock in a transaction on Monday, September 25th. The shares were sold at an average price of $17.02, for a total value of $167,561.90. Following the transaction, the director now owns 2,636,518 shares of the company’s stock, valued at approximately $44,873,536.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Robert Kaiden sold 7,775 shares of the stock in a transaction on Friday, August 4th. The stock was sold at an average price of $16.28, for a total transaction of $126,577.00. The disclosure for this sale can be found here. Insiders have sold a total of 2,231,100 shares of company stock worth $40,370,286 in the last ninety days. 9.18% of the stock is currently owned by insiders.

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.

Institutional Ownership by Quarter for Twitter (NYSE:TWTR)

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