tw telecom inc. Director Sells $52,798 in Stock (TWTC)
tw telecom inc. (NASDAQ:TWTC) Director Gregory J. Attorri unloaded 1,750 shares of the company’s stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $30.17, for a total value of $52,797.50. Following the completion of the transaction, the director now directly owns 43,319 shares of the company’s stock, valued at approximately $1,306,934. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of research firms have recently commented on TWTC. 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 research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and three have issued a buy rating to the company. tw telecom inc. presently has a consensus rating of “Hold” and an average target price of $29.91.
tw telecom inc. (NASDAQ:TWTC) last released its earnings data on Wednesday, November 6th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the 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 previous year, the company posted $0.14 earnings per share. The company’s revenue for the quarter was up 6.6% on a year-over-year basis.
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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