Twitter, Inc. (NYSE:TWTR) CAO Robert Kaiden sold 3,570 shares of the business’s stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $21.00, for a total value of $74,970.00. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

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

  • On Friday, December 1st, Robert Kaiden sold 3,930 shares of Twitter stock. The stock was sold at an average price of $20.62, for a total value of $81,036.60.
  • On Monday, November 6th, Robert Kaiden sold 5,926 shares of Twitter stock. The stock was sold at an average price of $19.51, for a total value of $115,616.26.
  • On Wednesday, November 1st, Robert Kaiden sold 6,574 shares of Twitter stock. The stock was sold at an average price of $20.59, for a total value of $135,358.66.

Twitter, Inc. (NYSE TWTR) traded down $0.08 during trading on Thursday, reaching $21.01. The company had a trading volume of 11,851,258 shares, compared to its average volume of 17,390,932. Twitter, Inc. has a 52-week low of $14.12 and a 52-week high of $22.48. The company has a quick ratio of 10.40, a current ratio of 10.40 and a debt-to-equity ratio of 0.35.

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

A number of equities analysts have recently weighed in on TWTR shares. BidaskClub raised Twitter from a “hold” rating to a “buy” rating in a report on Friday, September 15th. Vetr cut Twitter from a “strong-buy” rating to a “buy” rating and set a $19.82 price target for the company. in a report on Wednesday, October 4th. Goldman Sachs Group set a $26.00 price target on Twitter and gave the stock a “buy” rating in a report on Friday, October 27th. Argus raised Twitter from a “hold” rating to a “buy” rating and boosted their price target for the stock from $19.71 to $25.00 in a report on Friday, November 3rd. Finally, Robert W. Baird reissued a “hold” rating and issued a $17.00 price target on shares of Twitter in a report on Friday, September 1st. Twelve investment analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating, five have issued a buy rating and two have given a strong buy rating to the company’s stock. Twitter presently has a consensus rating of “Hold” and a consensus price target of $17.99.

A number of large investors have recently made changes to their positions in the business. Steward Partners Investment Advisory LLC acquired a new stake in Twitter during the third quarter worth about $200,000. Public Employees Retirement System of Ohio increased its stake in Twitter by 2.7% during the third quarter. Public Employees Retirement System of Ohio now owns 291,667 shares of the social networking company’s stock worth $4,920,000 after acquiring an additional 7,640 shares during the last quarter. Cetera Advisors LLC acquired a new stake in Twitter during the third quarter worth about $250,000. Ladenburg Thalmann Financial Services Inc. increased its stake in Twitter by 2.6% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 171,279 shares of the social networking company’s stock worth $2,890,000 after acquiring an additional 4,364 shares during the last quarter. Finally, Balentine LLC increased its stake in Twitter by 86.6% during the third quarter. Balentine LLC now owns 6,822 shares of the social networking company’s stock worth $115,000 after acquiring an additional 3,167 shares during the last quarter. Institutional investors own 50.83% of the company’s stock.

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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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