Twitter Inc (NYSE:TWTR) saw unusually large options trading activity on Friday. Traders bought 49,740 call options on the company. This is an increase of approximately 214% compared to the average volume of 15,857 call options.

Shares of Twitter (NYSE:TWTR) traded down 0.14% during trading on Friday, hitting $14.63. 13,786,851 shares of the company’s stock were exchanged. The firm has a 50-day moving average price of $14.90 and a 200-day moving average price of $17.03. Twitter has a one year low of $13.73 and a one year high of $25.25. The stock’s market cap is $10.48 billion.

Twitter (NYSE:TWTR) last posted its quarterly earnings data on Thursday, February 9th. The social networking company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.12 by $0.04. The firm earned $717 million during the quarter, compared to analyst estimates of $740.17 million. Twitter had a negative net margin of 18.06% and a negative return on equity of 4.59%. Twitter’s revenue was up .9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.16 EPS. Equities research analysts expect that Twitter will post $0.30 EPS for the current fiscal year.



A number of equities research analysts have issued reports on TWTR shares. Cantor Fitzgerald lowered their target price on shares of Twitter to $16.00 in a report on Friday, February 10th. Jefferies Group LLC lowered their target price on shares of Twitter to $20.00 in a report on Friday, February 10th. Evercore ISI reissued a “buy” rating and set a $17.00 target price on shares of Twitter in a report on Friday, January 6th. Vetr cut shares of Twitter from a “strong-buy” rating to a “buy” rating and set a $18.24 target price on the stock. in a report on Wednesday, January 4th. Finally, BTIG Research raised shares of Twitter from a “neutral” rating to a “buy” rating and boosted their target price for the company from $18.26 to $25.00 in a report on Wednesday, February 8th. Seventeen equities research analysts have rated the stock with a sell rating, twenty-three have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $15.76.

In other Twitter news, General Counsel Vijaya Gadde sold 15,000 shares of the business’s stock in a transaction on Tuesday, April 4th. The shares were sold at an average price of $14.71, for a total transaction of $220,650.00. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Evan Clark Williams sold 273,200 shares of the business’s stock in a transaction on Wednesday, April 19th. The shares were sold at an average price of $14.52, for a total transaction of $3,966,864.00. Following the sale, the director now directly owns 2,906,274 shares in the company, valued at approximately $42,199,098.48. The disclosure for this sale can be found here. Insiders sold a total of 590,606 shares of company stock worth $8,663,955 in the last ninety days. 10.79% of the stock is currently owned by insiders.

A number of hedge funds and other institutional investors have recently modified their holdings of TWTR. DnB Asset Management AS raised its position in shares of Twitter by 4.9% in the third quarter. DnB Asset Management AS now owns 42,900 shares of the social networking company’s stock worth $989,000 after buying an additional 2,000 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. raised its position in shares of Twitter by 0.8% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,547,297 shares of the social networking company’s stock worth $35,665,000 after buying an additional 11,591 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its position in shares of Twitter by 2.3% in the third quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 80,556 shares of the social networking company’s stock worth $1,857,000 after buying an additional 1,789 shares during the last quarter. Proffitt & Goodson Inc. raised its position in shares of Twitter by 1.2% in the third quarter. Proffitt & Goodson Inc. now owns 68,400 shares of the social networking company’s stock worth $1,577,000 after buying an additional 800 shares during the last quarter. Finally, Concert Wealth Management Inc. raised its position in shares of Twitter by 10.2% in the third quarter. Concert Wealth Management Inc. now owns 34,954 shares of the social networking company’s stock worth $803,000 after buying an additional 3,249 shares during the last quarter. Institutional investors and hedge funds own 44.45% of the company’s stock.

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Twitter Company Profile

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.

5 Day Chart for NYSE:TWTR

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