Twitter, Inc. (NYSE:TWTR) CAO Robert Kaiden sold 6,574 shares of the firm’s stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $20.59, for a total transaction of $135,358.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Robert Kaiden also recently made the following trade(s):

  • On Wednesday, September 6th, Robert Kaiden sold 3,695 shares of Twitter stock. The shares were sold at an average price of $16.78, for a total transaction of $62,002.10.
  • On Friday, September 1st, Robert Kaiden sold 3,805 shares of Twitter stock. The shares were sold at an average price of $16.81, for a total transaction of $63,962.05.

Shares of Twitter, Inc. (NYSE:TWTR) traded down $0.91 during trading on Friday, reaching $19.71. 24,376,214 shares of the company’s stock traded hands, compared to its average volume of 23,289,780. The company has a debt-to-equity ratio of 0.35, a current ratio of 10.40 and a quick ratio of 9.79.

Twitter (NYSE:TWTR) last issued its quarterly earnings results on Thursday, October 26th. The social networking company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.07 by $0.03. Twitter had a negative net margin of 15.08% and a negative return on equity of 1.21%. The firm had revenue of $590.00 million for the quarter, compared to analysts’ expectations of $586.22 million. During the same period in the previous year, the business earned $0.09 earnings per share. Twitter’s revenue for the quarter was down 4.2% compared to the same quarter last year. equities analysts anticipate that Twitter, Inc. will post 0.02 EPS for the current year.

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Several research analysts recently commented on the stock. SunTrust Banks, Inc. restated a “hold” rating and issued a $18.00 price target (up previously from $16.00) on shares of Twitter in a report on Friday, October 27th. They noted that the move was a valuation call. Stifel Nicolaus upgraded shares of Twitter from a “sell” rating to a “hold” rating and raised their price target for the company from $12.00 to $17.00 in a report on Thursday, October 26th. Pivotal Research raised their price target on shares of Twitter from $17.00 to $19.00 and gave the company a “hold” rating in a report on Thursday, October 26th. Canaccord Genuity raised their price target on shares of Twitter from $15.00 to $19.00 and gave the company a “hold” rating in a report on Friday, October 27th. Finally, MKM Partners reiterated a “neutral” rating and set a $18.00 price objective (up previously from $16.00) on shares of Twitter in a research note on Thursday, August 10th. Thirteen investment analysts have rated the stock with a sell rating, twenty-one have given a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $17.44.

Institutional investors have recently modified their holdings of the business. Toronto Dominion Bank raised its holdings in Twitter by 21.3% during the 2nd quarter. Toronto Dominion Bank now owns 7,592 shares of the social networking company’s stock worth $136,000 after buying an additional 1,333 shares during the period. Gilder Gagnon Howe & Co. LLC raised its holdings in Twitter by 112.3% during the 2nd quarter. Gilder Gagnon Howe & Co. LLC now owns 8,781 shares of the social networking company’s stock worth $157,000 after buying an additional 4,645 shares during the period. Federated Investors Inc. PA acquired a new stake in Twitter during the 2nd quarter worth about $174,000. Berkshire Asset Management LLC PA acquired a new stake in Twitter during the 3rd quarter worth about $184,000. Finally, NEXT Financial Group Inc raised its holdings in Twitter by 6.3% during the 2nd quarter. NEXT Financial Group Inc now owns 11,030 shares of the social networking company’s stock worth $197,000 after buying an additional 650 shares during the period. Hedge funds and other institutional investors own 49.50% 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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