Twitter Inc (NYSE:TWTR) insider Robert Kaiden sold 2,374 shares of the business’s stock in a transaction that occurred on Thursday, November 1st. The shares were sold at an average price of $34.03, for a total value of $80,787.22. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Robert Kaiden also recently made the following trade(s):
- On Monday, October 1st, Robert Kaiden sold 1,362 shares of Twitter stock. The shares were sold at an average price of $28.62, for a total value of $38,980.44.
- On Thursday, September 6th, Robert Kaiden sold 3,718 shares of Twitter stock. The shares were sold at an average price of $31.47, for a total value of $117,005.46.
- On Tuesday, September 4th, Robert Kaiden sold 3,782 shares of Twitter stock. The shares were sold at an average price of $35.00, for a total value of $132,370.00.
- On Monday, August 6th, Robert Kaiden sold 3,767 shares of Twitter stock. The shares were sold at an average price of $32.25, for a total value of $121,485.75.
Shares of Twitter stock opened at $34.30 on Friday. Twitter Inc has a 12-month low of $19.26 and a 12-month high of $47.79. The firm has a market cap of $26.11 billion, a P/E ratio of 571.67, a P/E/G ratio of 3.52 and a beta of 0.32. The company has a quick ratio of 11.00, a current ratio of 4.61 and a debt-to-equity ratio of 0.27.
Several equities analysts have issued reports on TWTR shares. Citigroup boosted their price target on Twitter from $32.00 to $39.00 and gave the company a “neutral” rating in a research note on Monday, July 30th. Goldman Sachs Group restated a “buy” rating and set a $55.00 price objective on shares of Twitter in a report on Friday, July 27th. ValuEngine downgraded Twitter from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 28th. Moffett Nathanson decreased their price objective on Twitter from $23.00 to $21.00 and set a “sell” rating for the company in a report on Monday, September 17th. Finally, Canaccord Genuity restated a “hold” rating and set a $32.00 price objective (up previously from $28.00) on shares of Twitter in a report on Friday, July 27th. Three analysts have rated the stock with a sell rating, twenty have given a hold rating, thirteen have given a buy rating and two have issued a strong buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $34.75.
A number of institutional investors have recently made changes to their positions in TWTR. Tyers Asset Management LLC bought a new position in Twitter in the 2nd quarter valued at $326,000. CIBC World Markets Inc. grew its stake in Twitter by 73.7% in the 2nd quarter. CIBC World Markets Inc. now owns 23,406 shares of the social networking company’s stock valued at $1,022,000 after purchasing an additional 9,933 shares during the period. American Century Companies Inc. bought a new position in Twitter in the 2nd quarter valued at $118,445,000. Northern Trust Corp grew its stake in Twitter by 42.8% in the 2nd quarter. Northern Trust Corp now owns 10,289,349 shares of the social networking company’s stock valued at $449,336,000 after purchasing an additional 3,084,415 shares during the period. Finally, Amalgamated Bank grew its stake in Twitter by 45.6% in the 2nd quarter. Amalgamated Bank now owns 108,946 shares of the social networking company’s stock valued at $4,758,000 after purchasing an additional 34,099 shares during the period. Institutional investors and hedge funds own 64.80% of the company’s stock.
Twitter Company Profile
Twitter, Inc operates as a platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter that allows users to consume, create, distribute, and discover content; and Periscope, a mobile application that enables user to broadcast and watch video live with others.
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