Twitter, Inc. (NYSE:TWTR) Director Evan Clark Williams sold 2,000,300 shares of the stock in a transaction on Tuesday, October 31st. The stock was sold at an average price of $21.06, for a total transaction of $42,126,318.00. Following the completion of the transaction, the director now directly owns 2,530,241 shares in the company, valued at approximately $53,286,875.46. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Evan Clark Williams also recently made the following trade(s):

  • On Thursday, October 12th, Evan Clark Williams sold 409,115 shares of Twitter stock. The stock was sold at an average price of $17.95, for a total transaction of $7,343,614.25.
  • On Monday, September 25th, Evan Clark Williams sold 9,845 shares of Twitter stock. The stock was sold at an average price of $17.02, for a total transaction of $167,561.90.
  • On Tuesday, September 26th, Evan Clark Williams sold 319,385 shares of Twitter stock. The shares were sold at an average price of $16.92, for a total transaction of $5,403,994.20.
  • On Wednesday, September 13th, Evan Clark Williams sold 546,200 shares of Twitter stock. The shares were sold at an average price of $18.15, for a total transaction of $9,913,530.00.
  • On Thursday, August 24th, Evan Clark Williams sold 9,173 shares of Twitter stock. The shares were sold at an average price of $16.91, for a total transaction of $155,115.43.
  • On Friday, August 25th, Evan Clark Williams sold 127,427 shares of Twitter stock. The shares were sold at an average price of $16.67, for a total transaction of $2,124,208.09.
  • On Wednesday, August 9th, Evan Clark Williams sold 273,300 shares of Twitter stock. The shares were sold at an average price of $16.16, for a total transaction of $4,416,528.00.

Twitter (NYSE:TWTR) last released its quarterly earnings data on Thursday, October 26th. The social networking company reported $0.10 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.07 by $0.03. Twitter had a negative net margin of 15.08% and a negative return on equity of 1.22%. The company had revenue of $590.00 million during the quarter, compared to analyst estimates of $586.22 million. During the same period in the prior year, the firm earned $0.09 earnings per share. The firm’s revenue for the quarter was down 4.2% compared to the same quarter last year.

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A number of brokerages have recently issued reports on TWTR. Zacks Investment Research raised shares of Twitter from a “hold” rating to a “strong-buy” rating and set a $25.00 price objective for the company in a research note on Tuesday. Vetr raised shares of Twitter from a “hold” rating to a “buy” rating and set a $22.96 price objective for the company in a research note on Monday. J P Morgan Chase & Co upped their price objective on shares of Twitter from $16.00 to $20.00 and gave the company a “neutral” rating in a research note on Monday. Canaccord Genuity upped their price objective on shares of Twitter from $15.00 to $19.00 and gave the company a “hold” rating in a research note on Friday, October 27th. Finally, BMO Capital Markets upped their price objective on shares of Twitter from $17.00 to $22.00 and gave the company a “market perform” rating in a research note on Friday, October 27th. Thirteen research analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $17.22.

A number of institutional investors have recently made changes to their positions in TWTR. Northern Trust Corp raised its holdings in Twitter by 78.3% in the second quarter. Northern Trust Corp now owns 8,350,037 shares of the social networking company’s stock worth $149,215,000 after purchasing an additional 3,667,233 shares in the last quarter. Vanguard Group Inc. raised its holdings in Twitter by 6.2% in the second quarter. Vanguard Group Inc. now owns 48,836,225 shares of the social networking company’s stock worth $872,704,000 after purchasing an additional 2,838,459 shares in the last quarter. Renaissance Technologies LLC bought a new position in Twitter in the second quarter worth about $43,694,000. ANTIPODES PARTNERS Ltd bought a new position in Twitter in the second quarter worth about $38,366,000. Finally, Apertura Capital LLC bought a new position in Twitter in the second quarter worth about $35,740,000. Institutional investors and hedge funds own 49.50% of the company’s stock.

Twitter Company Profile

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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