Twitter Inc (NYSE:TWTR) Director Evan Clark Williams sold 682,242 shares of the firm’s stock in a transaction on Tuesday, September 25th. The shares were sold at an average price of $28.84, for a total value of $19,675,859.28. Following the transaction, the director now directly owns 1,536,966 shares in the company, valued at $44,326,099.44. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Thursday, September 13th, Evan Clark Williams sold 682,242 shares of Twitter stock. The shares were sold at an average price of $30.01, for a total value of $20,474,082.42.
  • On Thursday, August 30th, Evan Clark Williams sold 682,242 shares of Twitter stock. The shares were sold at an average price of $35.45, for a total value of $24,185,478.90.
  • On Thursday, August 16th, Evan Clark Williams sold 682,242 shares of Twitter stock. The shares were sold at an average price of $32.59, for a total value of $22,234,266.78.
  • On Tuesday, July 24th, Evan Clark Williams sold 682,242 shares of Twitter stock. The shares were sold at an average price of $42.75, for a total value of $29,165,845.50.
  • On Thursday, July 12th, Evan Clark Williams sold 682,242 shares of Twitter stock. The shares were sold at an average price of $44.34, for a total value of $30,250,610.28.

Shares of NYSE:TWTR traded up $0.35 during midday trading on Thursday, reaching $29.36. The company had a trading volume of 63,703 shares, compared to its average volume of 21,307,216. The company has a quick ratio of 11.00, a current ratio of 11.00 and a debt-to-equity ratio of 0.47. Twitter Inc has a 1-year low of $16.75 and a 1-year high of $47.79. The firm has a market capitalization of $22.06 billion, a price-to-earnings ratio of 489.67, a price-to-earnings-growth ratio of 3.74 and a beta of 0.73.

Twitter (NYSE:TWTR) last released its quarterly earnings results on Friday, July 27th. The social networking company reported $0.17 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.01. Twitter had a return on equity of 4.37% and a net margin of 8.57%. The business had revenue of $710.54 million during the quarter, compared to analyst estimates of $697.35 million. During the same quarter last year, the company posted $0.08 EPS. Twitter’s revenue for the quarter was up 23.8% on a year-over-year basis. equities analysts predict that Twitter Inc will post 0.35 earnings per share for the current year.

Large investors have recently added to or reduced their stakes in the stock. Linscomb & Williams Inc. boosted its position 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 acquiring an additional 1,554 shares during the period. Allen Investment Management LLC boosted its position in Twitter by 0.4% during the 1st quarter. Allen Investment Management LLC now owns 402,743 shares of the social networking company’s stock worth $11,684,000 after acquiring an additional 1,584 shares during the period. Nissay Asset Management Corp Japan ADV boosted its position 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 acquiring an additional 1,596 shares during the period. Carnegie Capital Asset Management LLC boosted its position in Twitter by 1.5% during the 2nd quarter. Carnegie Capital Asset Management LLC now owns 114,020 shares of the social networking company’s stock worth $3,784,000 after acquiring an additional 1,645 shares during the period. Finally, TRUE Private Wealth Advisors boosted its position in Twitter by 14.5% during the 2nd quarter. TRUE Private Wealth Advisors now owns 13,969 shares of the social networking company’s stock worth $610,000 after acquiring an additional 1,771 shares during the period. Institutional investors and hedge funds own 64.49% of the company’s stock.

TWTR has been the topic of a number of research analyst reports. ValuEngine raised Twitter from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 2nd. Argus raised their price target on Twitter from $40.00 to $50.00 and gave the company a “buy” rating in a report on Wednesday, June 6th. UBS Group raised their price target on Twitter from $36.00 to $52.00 and gave the company a “buy” rating in a report on Friday, June 15th. Zacks Investment Research lowered Twitter from a “strong-buy” rating to a “hold” rating in a report on Saturday, June 30th. Finally, Wells Fargo & Co reaffirmed a “market perform” rating and set a $42.00 target price (up from $32.00) on shares of Twitter in a report on Tuesday, July 3rd. Four analysts have rated the stock with a sell rating, twenty-three have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $32.77.

About Twitter

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

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