Twitter Inc (NYSE:TWTR) insider Michael Montano sold 1,750 shares of the business’s stock in a transaction dated Tuesday, November 5th. The stock was sold at an average price of $30.19, for a total transaction of $52,832.50. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Michael Montano also recently made the following trade(s):

  • On Monday, October 7th, Michael Montano sold 1,750 shares of Twitter stock. The stock was sold at an average price of $40.33, for a total transaction of $70,577.50.
  • On Friday, September 20th, Michael Montano sold 1,250 shares of Twitter stock. The stock was sold at an average price of $43.13, for a total transaction of $53,912.50.
  • On Thursday, September 5th, Michael Montano sold 1,250 shares of Twitter stock. The stock was sold at an average price of $43.78, for a total transaction of $54,725.00.
  • On Tuesday, August 20th, Michael Montano sold 1,250 shares of Twitter stock. The stock was sold at an average price of $41.70, for a total transaction of $52,125.00.

TWTR traded up $0.25 on Friday, reaching $29.30. 4,171,713 shares of the company traded hands, compared to its average volume of 21,627,462. The stock’s 50 day moving average price is $37.42 and its 200-day moving average price is $38.61. Twitter Inc has a 52-week low of $26.26 and a 52-week high of $45.85. The company has a market cap of $23.14 billion, a price-to-earnings ratio of 53.27, a PEG ratio of 0.52 and a beta of 0.58. The company has a debt-to-equity ratio of 0.28, a current ratio of 8.69 and a quick ratio of 8.69.

Twitter (NYSE:TWTR) last announced its quarterly earnings data on Thursday, October 24th. The social networking company reported $0.17 EPS for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.07. The firm had revenue of $824.00 million for the quarter, compared to the consensus estimate of $875.21 million. Twitter had a net margin of 47.67% and a return on equity of 6.07%. The firm’s revenue was up 8.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.21 earnings per share. As a group, equities research analysts forecast that Twitter Inc will post 2 earnings per share for the current fiscal year.

A number of analysts recently commented on TWTR shares. Bank of America set a $39.00 target price on shares of Twitter and gave the stock a “buy” rating in a report on Friday, October 25th. Zacks Investment Research downgraded shares of Twitter from a “buy” rating to a “hold” rating and set a $43.00 target price on the stock. in a report on Monday, September 30th. SunTrust Banks dropped their target price on shares of Twitter from $41.00 to $36.00 and set a “hold” rating on the stock in a report on Thursday, October 24th. Jefferies Financial Group reiterated a “hold” rating and issued a $38.00 target price (down from $44.00) on shares of Twitter in a report on Friday, October 25th. Finally, Wedbush reiterated a “hold” rating and issued a $34.50 target price (down from $42.00) on shares of Twitter in a report on Friday, October 25th. Five investment analysts have rated the stock with a sell rating, twenty-five have given a hold rating and eleven have issued a buy rating to the company’s stock. Twitter currently has an average rating of “Hold” and an average price target of $36.61.

Hedge funds have recently bought and sold shares of the business. Lenox Wealth Management Inc. grew its position in Twitter by 447.2% in the third quarter. Lenox Wealth Management Inc. now owns 695 shares of the social networking company’s stock worth $28,000 after acquiring an additional 568 shares in the last quarter. Resources Investment Advisors LLC. bought a new stake in Twitter in the second quarter worth approximately $30,000. Ellevest Inc. grew its position in Twitter by 4,150.0% in the second quarter. Ellevest Inc. now owns 850 shares of the social networking company’s stock worth $30,000 after acquiring an additional 830 shares in the last quarter. Wealthcare Advisory Partners LLC grew its position in Twitter by 74,500.0% in the third quarter. Wealthcare Advisory Partners LLC now owns 746 shares of the social networking company’s stock worth $31,000 after acquiring an additional 745 shares in the last quarter. Finally, Whittier Trust Co. grew its position in Twitter by 77.9% in the third quarter. Whittier Trust Co. now owns 747 shares of the social networking company’s stock worth $31,000 after acquiring an additional 327 shares in the last quarter. 69.23% of the stock is owned by institutional investors.

Twitter Company 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, a platform 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.

See Also: Death Cross

Insider Buying and Selling by Quarter for Twitter (NYSE:TWTR)

Receive News & Ratings for Twitter Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twitter and related companies with MarketBeat.com's FREE daily email newsletter.