Twitter Inc (NYSE:TWTR) Director Evan Clark Williams sold 18,347 shares of Twitter stock in a transaction on Wednesday, December 13th. The shares were sold at an average price of $21.66, for a total transaction of $397,396.02. Following the completion of the sale, the director now owns 2,365,053 shares in the company, valued at approximately $51,227,047.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Evan Clark Williams also recently made the following trade(s):

  • On Wednesday, November 29th, Evan Clark Williams sold 1,982,985 shares of Twitter stock. The shares were sold at an average price of $21.12, for a total transaction of $41,880,643.20.
  • On Wednesday, November 15th, Evan Clark Williams sold 565,000 shares of Twitter stock. The shares were sold at an average price of $20.08, for a total transaction of $11,345,200.00.
  • On Tuesday, October 31st, Evan Clark Williams sold 2,000,300 shares of Twitter stock. The shares were sold at an average price of $21.06, for a total transaction of $42,126,318.00.
  • On Thursday, October 12th, Evan Clark Williams sold 409,115 shares of Twitter stock. The shares were sold at an average price of $17.95, for a total transaction of $7,343,614.25.
  • On Monday, September 25th, Evan Clark Williams sold 9,845 shares of Twitter stock. The shares were sold at an average price of $17.02, for a total transaction of $167,561.90.
  • On Tuesday, September 26th, Evan Clark Williams sold 319,385 shares of Twitter stock. The shares were sold at an average price of $16.92, for a total transaction of $5,403,994.20.

Twitter Inc (TWTR) traded down $0.35 during mid-day trading on Friday, reaching $22.23. The company’s stock had a trading volume of 17,950,235 shares, compared to its average volume of 15,549,110. Twitter Inc has a 1-year low of $14.12 and a 1-year high of $23.24. 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 posted its quarterly earnings results on Thursday, October 26th. The social networking company reported $0.10 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.07 by $0.03. Twitter had a negative return on equity of 1.21% and a negative net margin of 15.08%. The business had revenue of $590.00 million during the quarter, compared to the consensus estimate of $586.22 million. During the same period in the prior year, the company posted $0.09 EPS. The firm’s revenue for the quarter was down 4.2% compared to the same quarter last year. sell-side analysts expect that Twitter Inc will post 0.02 EPS for the current fiscal year.

A number of hedge funds have recently bought and sold shares of TWTR. Balentine LLC boosted its position in shares of Twitter by 86.6% during the 3rd quarter. Balentine LLC now owns 6,822 shares of the social networking company’s stock valued at $115,000 after acquiring an additional 3,167 shares during the last quarter. Toronto Dominion Bank boosted its position in shares of Twitter by 21.3% during the 2nd quarter. Toronto Dominion Bank now owns 7,592 shares of the social networking company’s stock valued at $136,000 after acquiring an additional 1,333 shares during the last quarter. Malaga Cove Capital LLC bought a new position in shares of Twitter during the 3rd quarter valued at approximately $154,000. Staley Capital Advisers Inc. purchased a new stake in Twitter during the 3rd quarter valued at $173,000. Finally, Federated Investors Inc. PA purchased a new stake in Twitter during the 2nd quarter valued at $174,000. Institutional investors and hedge funds own 50.83% of the company’s stock.

A number of brokerages have recently commented on TWTR. Jefferies Group cut shares of Twitter from a “buy” rating to a “hold” rating and dropped their target price for the company from $20.00 to $16.00 in a report on Thursday, August 24th. KeyCorp restated a “hold” rating on shares of Twitter in a report on Friday, August 25th. Robert W. Baird restated a “hold” rating and set a $17.00 target price on shares of Twitter in a report on Friday, September 1st. ValuEngine cut shares of Twitter from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Finally, BMO Capital Markets restated a “hold” rating and set a $17.00 target price on shares of Twitter in a report on Wednesday, September 13th. Twelve research analysts have rated the stock with a sell rating, twenty-two have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $17.97.

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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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