Virtu Financial LLC reduced its stake in shares of Twitter Inc (NYSE:TWTR) by 55.9% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 41,704 shares of the social networking company’s stock after selling 52,796 shares during the period. Virtu Financial LLC’s holdings in Twitter were worth $1,372,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Mosaic Family Wealth LLC raised its holdings in shares of Twitter by 47.3% in the fourth quarter. Mosaic Family Wealth LLC now owns 1,106 shares of the social networking company’s stock valued at $32,000 after purchasing an additional 355 shares during the last quarter. Metropolitan Life Insurance Co. NY grew its stake in shares of Twitter by 0.3% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 140,404 shares of the social networking company’s stock valued at $4,035,000 after buying an additional 361 shares in the last quarter. Barings LLC grew its stake in shares of Twitter by 1.9% in the fourth quarter. Barings LLC now owns 22,618 shares of the social networking company’s stock valued at $650,000 after buying an additional 418 shares in the last quarter. State of Alaska Department of Revenue grew its stake in shares of Twitter by 0.4% in the first quarter. State of Alaska Department of Revenue now owns 108,208 shares of the social networking company’s stock valued at $3,557,000 after buying an additional 468 shares in the last quarter. Finally, Moody National Bank Trust Division grew its stake in shares of Twitter by 92.6% in the first quarter. Moody National Bank Trust Division now owns 994 shares of the social networking company’s stock valued at $33,000 after buying an additional 478 shares in the last quarter. Institutional investors own 68.37% of the company’s stock.

TWTR stock opened at $34.37 on Monday. The stock has a market capitalization of $26.55 billion, a P/E ratio of 62.49, a P/E/G ratio of 3.08 and a beta of 0.50. Twitter Inc has a 52 week low of $26.19 and a 52 week high of $47.79. The company has a debt-to-equity ratio of 0.26, a current ratio of 4.69 and a quick ratio of 4.69.

Twitter (NYSE:TWTR) last posted its quarterly earnings results on Thursday, February 7th. The social networking company reported $0.31 EPS for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.15. The business had revenue of $908.84 million during the quarter, compared to the consensus estimate of $864.87 million. Twitter had a return on equity of 8.08% and a net margin of 39.63%. Twitter’s revenue for the quarter was up 24.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.19 earnings per share. On average, sell-side analysts predict that Twitter Inc will post 0.46 earnings per share for the current fiscal year.

Several research firms recently weighed in on TWTR. Cascend Securities reissued a “buy” rating and issued a $45.00 target price on shares of Twitter in a research note on Wednesday, March 27th. Zacks Investment Research raised shares of Twitter from a “hold” rating to a “buy” rating and set a $35.00 target price for the company in a research note on Thursday, January 10th. JPMorgan Chase & Co. reissued a “buy” rating and issued a $44.00 target price on shares of Twitter in a research note on Thursday, January 10th. ValuEngine cut shares of Twitter from a “buy” rating to a “hold” rating in a research report on Friday, February 8th. Finally, Wedbush set a $37.00 price objective on shares of Twitter and gave the stock a “hold” rating in a research report on Friday, February 8th. Two equities research analysts have rated the stock with a sell rating, nineteen have given a hold rating and seventeen have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $35.79.

In related news, CFO Ned D. Segal sold 6,000 shares of the business’s stock in a transaction dated Tuesday, April 9th. The stock was sold at an average price of $35.00, for a total value of $210,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Michael Montano sold 1,250 shares of the business’s stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $34.69, for a total value of $43,362.50. The disclosure for this sale can be found here. In the last ninety days, insiders sold 1,464,431 shares of company stock valued at $46,652,981. 6.62% of the stock is owned by insiders.

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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.

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Institutional Ownership by Quarter for Twitter (NYSE:TWTR)

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