Twitter, Inc. (TWTR) CAO Robert Kaiden Sells 3,570 Shares of Stock

Twitter, Inc. (NYSE:TWTR) CAO Robert Kaiden sold 3,570 shares of the stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $21.00, for a total value of $74,970.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Friday, December 1st, Robert Kaiden sold 3,930 shares of Twitter stock. The stock was sold at an average price of $20.62, for a total value of $81,036.60.
  • On Monday, November 6th, Robert Kaiden sold 5,926 shares of Twitter stock. The stock was sold at an average price of $19.51, for a total value of $115,616.26.
  • On Wednesday, November 1st, Robert Kaiden sold 6,574 shares of Twitter stock. The stock was sold at an average price of $20.59, for a total value of $135,358.66.

Shares of Twitter, Inc. (TWTR) traded up $0.09 during midday trading on Friday, reaching $21.10. The company had a trading volume of 14,865,480 shares, compared to its average volume of 13,869,490. Twitter, Inc. has a 1 year low of $14.12 and a 1 year high of $22.48. The company has a quick ratio of 10.40, a current ratio of 10.40 and a debt-to-equity ratio of 0.35.

Twitter (NYSE:TWTR) last issued its quarterly earnings results 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 return on equity of 1.21% and a negative net margin of 15.08%. The firm had revenue of $590.00 million during the quarter, compared to analysts’ expectations of $586.22 million. During the same period in the prior year, the firm posted $0.09 earnings per share. The business’s quarterly revenue was down 4.2% compared to the same quarter last year. equities research analysts anticipate that Twitter, Inc. will post 0.02 EPS for the current year.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Balentine LLC lifted its position in shares of Twitter by 86.6% in the third quarter. Balentine LLC now owns 6,822 shares of the social networking company’s stock valued at $115,000 after buying an additional 3,167 shares during the last quarter. Toronto Dominion Bank lifted its position in shares of Twitter by 21.3% in the second quarter. Toronto Dominion Bank now owns 7,592 shares of the social networking company’s stock valued at $136,000 after buying an additional 1,333 shares during the last quarter. Malaga Cove Capital LLC acquired a new stake in shares of Twitter in the third quarter valued at approximately $154,000. Gilder Gagnon Howe & Co. LLC lifted its position in shares of Twitter by 112.3% in the second quarter. Gilder Gagnon Howe & Co. LLC now owns 8,781 shares of the social networking company’s stock valued at $157,000 after buying an additional 4,645 shares during the last quarter. Finally, Staley Capital Advisers Inc. acquired a new stake in shares of Twitter in the third quarter valued at approximately $173,000. 50.83% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts have issued reports on TWTR shares. Goldman Sachs Group set a $26.00 price target on Twitter and gave the stock a “buy” rating in a report on Friday, October 27th. Vetr downgraded Twitter from a “strong-buy” rating to a “buy” rating and set a $19.82 price target for the company. in a report on Wednesday, October 4th. Susquehanna Bancshares increased their price objective on Twitter from $17.00 to $20.00 and gave the stock a “neutral” rating in a report on Thursday, October 26th. Morgan Stanley reiterated an “underweight” rating and set a $10.00 price objective on shares of Twitter in a report on Monday, October 2nd. Finally, Robert W. Baird reiterated a “hold” rating and set a $17.00 price objective on shares of Twitter in a report on Friday, September 1st. Twelve analysts have rated the stock with a sell rating, twenty-two have issued a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $17.99.

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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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