Burleson & Company LLC lowered its holdings in Twitter Inc (NYSE:TWTR) by 50.0% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 16,676 shares of the social networking company’s stock after selling 16,676 shares during the period. Burleson & Company LLC’s holdings in Twitter were worth $533,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Public Employees Retirement Association of Colorado lifted its holdings in Twitter by 1.3% during the 3rd quarter. Public Employees Retirement Association of Colorado now owns 119,961 shares of the social networking company’s stock worth $3,414,000 after buying an additional 1,547 shares during the last quarter. Linscomb & Williams Inc. lifted its holdings in Twitter by 5.0% during the 2nd quarter. Linscomb & Williams Inc. now owns 32,906 shares of the social networking company’s stock worth $1,437,000 after buying an additional 1,554 shares during the last quarter. Motley Fool Asset Management LLC lifted its holdings in Twitter by 19.4% during the 3rd quarter. Motley Fool Asset Management LLC now owns 9,757 shares of the social networking company’s stock worth $278,000 after buying an additional 1,584 shares during the last quarter. Reliance Trust Co. of Delaware lifted its holdings in Twitter by 2.5% during the 3rd quarter. Reliance Trust Co. of Delaware now owns 65,217 shares of the social networking company’s stock worth $1,856,000 after buying an additional 1,589 shares during the last quarter. Finally, Nissay Asset Management Corp Japan ADV lifted its holdings in Twitter by 1.9% during the 2nd quarter. Nissay Asset Management Corp Japan ADV now owns 84,636 shares of the social networking company’s stock worth $3,696,000 after buying an additional 1,596 shares during the last quarter. 64.18% of the stock is owned by hedge funds and other institutional investors.

In related news, Director Evan Clark Williams sold 682,242 shares of the firm’s stock in a transaction that occurred on Thursday, October 11th. The stock was sold at an average price of $27.20, for a total value of $18,556,982.40. Following the sale, the director now directly owns 1,491,702 shares in the company, valued at approximately $40,574,294.40. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Robert Kaiden sold 3,538 shares of the firm’s stock in a transaction that occurred on Monday, December 3rd. The shares were sold at an average price of $33.06, for a total value of $116,966.28. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 7,739,631 shares of company stock worth $238,669,464. 10.79% of the stock is owned by insiders.

Shares of Twitter stock traded down $0.30 on Thursday, reaching $32.26. 210,486 shares of the company were exchanged, compared to its average volume of 18,309,682. The company has a current ratio of 4.61, a quick ratio of 4.61 and a debt-to-equity ratio of 0.27. The stock has a market capitalization of $24.79 billion, a price-to-earnings ratio of 531.67, a PEG ratio of 3.15 and a beta of 0.29. Twitter Inc has a 1-year low of $20.30 and a 1-year high of $47.79.

Twitter (NYSE:TWTR) last announced its quarterly earnings results on Thursday, October 25th. The social networking company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.17. Twitter had a return on equity of 6.75% and a net margin of 36.35%. The business had revenue of $758.11 million for the quarter, compared to analysts’ expectations of $703.57 million. Sell-side analysts predict that Twitter Inc will post 0.47 earnings per share for the current year.

A number of research firms have commented on TWTR. Deutsche Bank reduced their target price on Twitter from $33.00 to $29.00 and set a “neutral” rating on the stock in a report on Tuesday, October 23rd. Guggenheim began coverage on Twitter in a report on Thursday. They set a “buy” rating and a $39.00 target price on the stock. Moffett Nathanson reduced their target price on Twitter from $23.00 to $21.00 and set a “sell” rating on the stock in a report on Monday, September 17th. Aegis increased their target price on Twitter from $40.00 to $41.00 and gave the stock a “buy” rating in a report on Monday, October 29th. Finally, Zacks Investment Research downgraded Twitter from a “strong-buy” rating to a “hold” rating in a report on Monday, October 29th. Three equities research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating, fourteen have given a buy rating and three have assigned a strong buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $34.90.

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Twitter Profile

Twitter, Inc operates as a platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter that allows users to consume, create, distribute, and discover content; and Periscope, a mobile application that enables user to broadcast and watch video live with others.

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Institutional Ownership by Quarter for Twitter (NYSE:TWTR)

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