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tw telecom inc. (NASDAQ:TWTC) CFO Mark A. Peters sold 19,364 shares of tw telecom inc. stock on the open market in a transaction dated Wednesday, January 29th. The shares were sold at an average price of $29.26, for a total transaction of $566,590.64. Following the completion of the sale, the chief financial officer now directly owns 335,532 shares in the company, valued at approximately $9,817,666. The transaction was disclosed in a document filed with the SEC, which is available at this link.

A number of analysts have recently weighed in on TWTC shares. 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 equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and three have issued a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $29.91.

tw telecom inc. (NASDAQ:TWTC) traded up 0.31% during mid-day trading on Friday, hitting $29.46. The stock had a trading volume of 545,863 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 $30.11 and a 200-day moving average of $29.75. The company has a market cap of $4.244 billion and a P/E ratio of 117.01.

tw telecom inc. (NASDAQ:TWTC) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.12 earnings per share for the quarter, missing the analysts’ 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 last year, the company posted $0.14 earnings per share. tw telecom inc.’s revenue was up 6.6% compared to the same quarter last year. 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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