Twitter Inc (NYSE:TWTR) has earned an average rating of “Hold” from the forty-one research firms that are covering the company, MarketBeat.com reports. Ten equities research analysts have rated the stock with a sell recommendation, twenty-one have issued a hold recommendation and nine have given a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $20.09.
Several analysts have recently issued reports on TWTR shares. Zacks Investment Research cut Twitter from a “hold” rating to a “sell” rating in a report on Tuesday, October 10th. Vetr raised Twitter from a “buy” rating to a “strong-buy” rating and set a $19.82 price objective on the stock in a report on Tuesday, October 10th. SunTrust Banks reaffirmed a “hold” rating and set a $16.00 price objective on shares of Twitter in a report on Thursday, October 12th. BidaskClub raised Twitter from a “hold” rating to a “buy” rating in a report on Tuesday, October 17th. Finally, Canaccord Genuity reaffirmed a “hold” rating and set a $15.00 price objective on shares of Twitter in a report on Friday, October 20th.
In other news, CAO Robert Kaiden sold 3,570 shares of the stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $21.00, for a total transaction of $74,970.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, General Counsel Vijaya Gadde sold 135,000 shares of the stock in a transaction on Friday, November 10th. The stock was sold at an average price of $19.92, for a total value of $2,689,200.00. The disclosure for this sale can be found here. Insiders sold a total of 3,347,277 shares of company stock worth $71,880,388 in the last ninety days. 9.18% of the stock is currently owned by corporate insiders.
Shares of Twitter (NYSE:TWTR) opened at $25.13 on Tuesday. The stock has a market capitalization of $18,670.00, a P/E ratio of -49.27, a PEG ratio of 11.30 and a beta of 1.14. Twitter has a twelve month low of $14.12 and a twelve month high of $27.33. The company has a current ratio of 10.40, a quick ratio of 10.40 and a debt-to-equity ratio of 0.35.
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.
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