Twitter, Inc. (NYSE:TWTR) General Counsel Vijaya Gadde sold 15,000 shares of the business’s stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $16.07, for a total value of $241,050.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Vijaya Gadde also recently made the following trade(s):

  • On Monday, July 10th, Vijaya Gadde sold 7,500 shares of Twitter stock. The shares were sold at an average price of $18.03, for a total value of $135,225.00.
  • On Tuesday, July 11th, Vijaya Gadde sold 15,000 shares of Twitter stock. The shares were sold at an average price of $18.28, for a total value of $274,200.00.
  • On Thursday, June 8th, Vijaya Gadde sold 15,000 shares of Twitter stock. The shares were sold at an average price of $17.46, for a total value of $261,900.00.

Twitter, Inc. (NYSE TWTR) traded down 1.79% during midday trading on Thursday, reaching $15.87. The company’s stock had a trading volume of 9,218,956 shares. Twitter, Inc. has a one year low of $14.12 and a one year high of $25.25. The stock’s market cap is $11.63 billion. The stock’s 50 day moving average price is $17.74 and its 200-day moving average price is $16.86.

Twitter (NYSE:TWTR) last issued its quarterly earnings data on Thursday, July 27th. The social networking company reported $0.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.05 by $0.03. The business had revenue of $574 million during the quarter, compared to the consensus estimate of $536.63 million. Twitter had a negative net margin of 18.25% and a negative return on equity of 2.91%. The company’s revenue was down 4.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.13 earnings per share. On average, analysts forecast that Twitter, Inc. will post $0.34 EPS for the current fiscal year.

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A number of research firms have commented on TWTR. UBS AG reaffirmed a “sell” rating and set a $14.00 price target (up previously from $12.00) on shares of Twitter in a research report on Friday, April 28th. Drexel Hamilton reaffirmed a “buy” rating on shares of Twitter in a research report on Tuesday, May 2nd. Vetr raised Twitter from a “hold” rating to a “buy” rating and set a $18.35 price target for the company in a research report on Tuesday, June 6th. OTR Global raised Twitter from a “negative” rating to a “mixed” rating in a research report on Thursday, July 13th. Finally, SunTrust Banks, Inc. began coverage on Twitter in a research report on Tuesday. They set a “hold” rating and a $16.00 price target for the company. Sixteen investment analysts have rated the stock with a sell rating, twenty-three have assigned a hold rating and six have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $15.59.

Hedge funds and other institutional investors have recently modified their holdings of the company. Teachers Advisors LLC increased its position in shares of Twitter by 2.4% in the fourth quarter. Teachers Advisors LLC now owns 814,894 shares of the social networking company’s stock worth $13,283,000 after buying an additional 19,411 shares during the period. Raymond James Trust N.A. increased its position in shares of Twitter by 22.0% in the first quarter. Raymond James Trust N.A. now owns 16,304 shares of the social networking company’s stock worth $243,000 after buying an additional 2,936 shares during the period. Gulf International Bank UK Ltd increased its position in shares of Twitter by 1.6% in the first quarter. Gulf International Bank UK Ltd now owns 174,487 shares of the social networking company’s stock worth $2,608,000 after buying an additional 2,800 shares during the period. Capstone Asset Management Co. increased its position in shares of Twitter by 18.5% in the first quarter. Capstone Asset Management Co. now owns 16,680 shares of the social networking company’s stock worth $249,000 after buying an additional 2,600 shares during the period. Finally, Atria Investments LLC increased its position in shares of Twitter by 2.6% in the first quarter. Atria Investments LLC now owns 10,404 shares of the social networking company’s stock worth $156,000 after buying an additional 268 shares during the period. Institutional investors and hedge funds own 47.36% of the company’s stock.

About Twitter

Twitter, Inc offers products and services for users, advertisers, developers and data partners. The Company’s products and services include Twitter, Periscope, Promoted Tweets, Promoted Accounts and Promoted Trends. Its Twitter is a platform for public self-expression and conversation in real time. Periscope broadcasts can also be viewed through Twitter and on desktop or mobile Web browser.

Insider Buying and Selling by Quarter for Twitter (NYSE:TWTR)

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