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Twitter (NYSE:TWTR) VP Luca Baratta unloaded 39,019 shares of the company’s stock on the open market in a transaction dated Thursday, June 26th. The shares were sold at an average price of $40.00, for a total transaction of $1,560,760.00. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

A number of analysts have recently weighed in on TWTR shares. Analysts at Barclays initiated coverage on shares of Twitter in a research note on Thursday. They set an “overweight” rating and a $46.00 price target on the stock. Separately, analysts at S&P Equity Research downgraded shares of Twitter to a “hold” rating in a research note on Tuesday, June 17th. Finally, analysts at Wells Fargo & Co. upgraded shares of Twitter from an “underperform” rating to a “market perform” rating in a research note on Tuesday, June 10th. Four research analysts have rated the stock with a sell rating, nineteen have issued a hold rating and fourteen have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $45.66.

Twitter (NYSE:TWTR) traded down 1.23% during mid-day trading on Friday, hitting $40.93. The stock had a trading volume of 48,261,140 shares. Twitter has a 52 week low of $29.51 and a 52 week high of $74.73. The stock’s 50-day moving average is $34.91 and its 200-day moving average is $48.52. The company’s market cap is $23.900 billion. Twitter also saw a large drop in short interest during the month of May. As of May 30th, there was short interest totalling 26,070,989 shares, a drop of 36.5% from the May 15th total of 41,082,382 shares. Currently, 8.0% of the shares of the company are sold short. Based on an average daily volume of 31,266,463 shares, the short-interest ratio is presently 0.8 days.

Twitter (NYSE:TWTR) last posted its quarterly earnings results on Tuesday, April 29th. The company reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by $0.19. The company had revenue of $250.00 million for the quarter, compared to the consensus estimate of $240.90 million. During the same quarter in the previous year, the company posted ($0.08) earnings per share. The company’s revenue for the quarter was up 119.7% on a year-over-year basis. On average, analysts predict that Twitter will post $0.04 earnings per share for the current fiscal year.

Twitter, Inc (NYSE:TWTR) is a global platform for public self-expression and conversation in real time.

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