Vetr upgraded shares of Twitter Inc. (NYSE:TWTR) from a buy rating to a strong-buy rating in a research report report published on Wednesday morning. Vetr currently has $21.11 price target on the social networking company’s stock.

A number of other equities analysts have also commented on the stock. Canaccord Genuity restated a buy rating on shares of Twitter in a research report on Sunday, September 25th. Jefferies Group restated a buy rating and issued a $23.00 price target on shares of Twitter in a research report on Sunday, October 23rd. Zacks Investment Research upgraded shares of Twitter from a hold rating to a strong-buy rating and set a $21.00 price target on the stock in a research report on Tuesday, November 1st. Evercore ISI lowered shares of Twitter from a hold rating to a sell rating and reduced their price target for the company from $18.00 to $17.00 in a research report on Thursday, August 18th. Finally, Morgan Stanley restated an underweight rating and issued a $13.25 price target on shares of Twitter in a research report on Monday, October 24th. Nine analysts have rated the stock with a sell rating, twenty-seven have issued a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the stock. Twitter currently has an average rating of Hold and an average price target of $18.43.

Shares of Twitter (NYSE:TWTR) traded up 1.0285% during mid-day trading on Wednesday, hitting $18.8216. The stock had a trading volume of 6,274,798 shares. Twitter has a 52 week low of $13.73 and a 52 week high of $26.70. The stock’s market cap is $13.33 billion. The stock has a 50-day moving average price of $18.91 and a 200 day moving average price of $17.60.

Twitter (NYSE:TWTR) last released its quarterly earnings data on Thursday, October 27th. The social networking company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.28. Twitter had a negative net margin of 15.06% and a negative return on equity of 5.18%. The business earned $616 million during the quarter, compared to analyst estimates of $606.40 million. During the same quarter in the previous year, the business earned $0.10 EPS. Twitter’s quarterly revenue was up 8.3% compared to the same quarter last year. On average, equities analysts forecast that Twitter will post $0.52 EPS for the current fiscal year.

In other Twitter news, insider Adam Messinger sold 4,901 shares of the company’s stock in a transaction on Monday, October 3rd. The stock was sold at an average price of $23.64, for a total value of $115,859.64. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Robert Kaiden sold 3,604 shares of the company’s stock in a transaction on Wednesday, September 7th. The shares were sold at an average price of $20.06, for a total value of $72,296.24. The disclosure for this sale can be found here. Insiders own 10.79% of the company’s stock.

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its stake in shares of Twitter by 36.5% in the second quarter. Vanguard Group Inc. now owns 33,938,829 shares of the social networking company’s stock valued at $573,906,000 after buying an additional 9,067,613 shares in the last quarter. BlackRock Institutional Trust Company N.A. boosted its stake in shares of Twitter by 3.5% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 14,720,526 shares of the social networking company’s stock worth $248,924,000 after buying an additional 500,681 shares during the period. Contrarius Investment Management Ltd boosted its stake in shares of Twitter by 31.9% in the third quarter. Contrarius Investment Management Ltd now owns 5,471,146 shares of the social networking company’s stock worth $126,110,000 after buying an additional 1,323,638 shares during the period. First Trust Advisors LP boosted its stake in shares of Twitter by 17.7% in the second quarter. First Trust Advisors LP now owns 5,249,841 shares of the social networking company’s stock worth $88,775,000 after buying an additional 787,807 shares during the period. Finally, Northern Trust Corp boosted its stake in shares of Twitter by 3.7% in the third quarter. Northern Trust Corp now owns 4,923,717 shares of the social networking company’s stock worth $113,492,000 after buying an additional 173,415 shares during the period. 41.40% of the stock is currently owned by institutional investors.

Twitter Company Profile

Twitter, Inc (Twitter) offers products and services for users, advertisers, developers and platform and data partners. The Company’s service is live-live commentary, live connections, live conversations. Its products and services for users include Twitter, and Periscope and Vine. Its Twitter is a platform for public self-expression and conversation in real time.

5 Day Chart for NYSE:TWTR

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