Robert Kaiden Sells 2,374 Shares of Twitter Inc (TWTR) Stock

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.

Twitter (NYSE:TWTR) last announced its quarterly earnings results on Thursday, October 25th. The social networking company reported $0.21 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.04 by $0.17. Twitter had a return on equity of 6.75% and a net margin of 36.35%. The business had revenue of $758.11 million during the quarter, compared to the consensus estimate of $703.57 million. On average, equities analysts anticipate that Twitter Inc will post 0.44 EPS for the current year.

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

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