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tw telecom inc. (NASDAQ:TWTC) COO John Blount sold 84,543 shares of the stock on the open market in a transaction dated Tuesday, January 28th. The stock was sold at an average price of $29.89, for a total value of $2,526,990.27. Following the completion of the transaction, the chief operating officer now directly owns 314,622 shares in the company, valued at approximately $9,404,052. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

TWTC has been the subject of a number of recent research reports. Analysts at DA Davidson raised their price target on shares of tw telecom inc. from $35.00 to $40.00 in a research note to investors on Thursday, January 2nd. They now have a “buy” rating on the stock. Separately, analysts at Drexel Hamilton initiated coverage on shares of tw telecom inc. in a research note to investors on Thursday, December 19th. They set a “hold” rating on the stock. Finally, analysts at Jefferies Group initiated coverage on shares of tw telecom inc. in a research note to investors on Thursday, December 19th. They set a “hold” rating on the stock. One investment analyst has rated the stock with a sell rating, twelve have given a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $29.91.

Shares of tw telecom inc. (NASDAQ:TWTC) traded down 0.91% on Tuesday, hitting $29.56. The stock had a trading volume of 544,846 shares. tw telecom inc. has a 52-week low of $24.16 and a 52-week high of $31.89. The stock has a 50-day moving average of $30.06 and a 200-day moving average of $29.76. The company has a market cap of $4.259 billion and a P/E ratio of 118.84.

tw telecom inc. (NASDAQ:TWTC) last released its earnings data on Wednesday, November 6th. The company reported $0.12 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.13 by $0.01. The company had revenue of $393.19 million for the quarter, compared to the consensus estimate of $392.73 million. During the same quarter in the prior year, the company posted $0.14 earnings per share. The company’s quarterly revenue was up 6.6% on a year-over-year basis. On average, analysts predict that tw telecom inc. will post $0.26 earnings per share for the current fiscal year.

tw telecom inc. is a national provider of managed network services, specializing in business Ethernet, data networking, Converged, Internet protocol-based virtual private network (NASDAQ:TWTC), Internet access, voice, including voice over Internet Protocol (VoIP), and network security services to enterprise organizations, including public sector entities, and carriers throughout the United States, including their global locations.

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