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tw telecom inc. (NASDAQ:TWTC) COO John Blount sold 24,706 shares of the stock in a transaction that occurred on Wednesday, January 29th. The stock was sold at an average price of $29.26, for a total value of $722,897.56. Following the completion of the transaction, the chief operating officer now directly owns 445,068 shares of the company’s stock, valued at approximately $13,022,690. The transaction was disclosed in a document filed with the SEC, which is available at 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 given a hold rating and three have given a buy rating to the stock. tw telecom inc. presently has an average rating of “Hold” and an average target price of $29.91.

tw telecom inc. (NASDAQ:TWTC) traded up 0.31% during mid-day trading on Friday, hitting $29.46. 545,863 shares of the company’s stock traded hands. tw telecom inc. has a 1-year low of $24.16 and a 1-year 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 price-to-earnings ratio of 117.01.

tw telecom inc. (NASDAQ:TWTC) last issued its quarterly 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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