Twitter VP Alexander Roetter Sells 3,150 Shares (TWTR)
Twitter (NYSE:TWTR) VP Alexander Roetter sold 3,150 shares of Twitter stock in a transaction dated Wednesday, July 2nd. The shares were sold at an average price of $42.43, for a total value of $133,654.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Twitter (NYSE:TWTR) traded down 1.05% during mid-day trading on Thursday, hitting $41.33. 15,795,099 shares of the company’s stock traded hands. Twitter has a one year low of $29.51 and a one year high of $74.73. The stock has a 50-day moving average of $35.63 and a 200-day moving average of $48.19. The company’s market cap is $24.134 billion.
Twitter (NYSE:TWTR) last issued its quarterly earnings data 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. Analysts expect that Twitter will post $0.04 EPS for the current fiscal year.
TWTR has been the subject of a number of recent research reports. Analysts at Topeka Capital Markets reiterated a “buy” rating on shares of Twitter in a research note on Wednesday. Separately, analysts at Nomura reiterated a “positive” rating on shares of Twitter in a research note on Tuesday. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Twitter in a research note on Monday. They now have a $43.00 price target on the stock. 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 company’s stock. The company has an average rating of “Hold” and an average target price of $45.15.
Twitter, Inc (NYSE:TWTR) is a global platform for public self-expression and conversation in real time.
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