Twitter, Inc. (NYSE:TWTR)‘s stock had its “hold” rating reiterated by equities research analysts at Wells Fargo & Company in a note issued to investors on Friday, May 12th. They presently have a $14.50 target price on the social networking company’s stock. Wells Fargo & Company’s price objective suggests a potential downside of 13.02% from the company’s current price.

TWTR has been the subject of a number of other research reports. Pivotal Research restated a “hold” rating and set a $17.00 target price (down previously from $26.00) on shares of Twitter in a research report on Thursday, January 12th. Royal Bank of Canada restated an “underperform” rating and set a $14.00 target price on shares of Twitter in a research report on Saturday, January 14th. Robert W. Baird reissued a “neutral” rating and issued a $17.00 price objective on shares of Twitter in a research report on Saturday, January 14th. Moffett Nathanson reissued a “sell” rating and issued a $11.00 price objective on shares of Twitter in a research report on Sunday, January 15th. Finally, BMO Capital Markets reissued a “hold” rating and issued a $16.00 price objective on shares of Twitter in a research report on Wednesday, January 18th. Seventeen equities research analysts have rated the stock with a sell rating, twenty-three have assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $15.82.

Analyst Recommendations for Twitter (NYSE:TWTR)

Shares of Twitter (NYSE:TWTR) traded down 0.95% on Friday, hitting $16.67. 9,939,429 shares of the company’s stock were exchanged. Twitter has a 12-month low of $14.12 and a 12-month high of $25.25. The company’s 50-day moving average price is $18.01 and its 200 day moving average price is $16.78. The stock’s market cap is $12.09 billion.

Twitter (NYSE:TWTR) last released its quarterly earnings data on Wednesday, April 26th. The social networking company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.27. The firm had revenue of $548 million for the quarter, compared to the consensus estimate of $513.04 million. Twitter had a negative net margin of 17.67% and a negative return on equity of 4.23%. The firm’s revenue was down 7.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.15 earnings per share. On average, equities analysts predict that Twitter will post $0.33 earnings per share for the current fiscal year.

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In other Twitter news, General Counsel Vijaya Gadde sold 15,000 shares of Twitter 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 transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Evan Clark Williams sold 9,173 shares of Twitter stock in a transaction on Monday, April 3rd. The stock was sold at an average price of $14.76, for a total transaction of $135,393.48. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,971,445 shares of company stock worth $33,742,431. Corporate insiders own 10.79% of the company’s stock.

A number of large investors have recently bought and sold shares of TWTR. Apriem Advisors increased its stake in Twitter by 4.5% in the third quarter. Apriem Advisors now owns 4,650 shares of the social networking company’s stock worth $107,000 after buying an additional 200 shares in the last quarter. Edmond de Rothschild Europe bought a new position in shares of Twitter during the third quarter worth about $149,000. Mosaic Family Wealth LLC boosted its position in shares of Twitter by 14.2% in the first quarter. Mosaic Family Wealth LLC now owns 7,034 shares of the social networking company’s stock worth $105,000 after buying an additional 875 shares during the last quarter. Advisory Services Network LLC bought a new position in shares of Twitter during the first quarter worth about $107,000. Finally, Nicolet Bankshares Inc. boosted its position in shares of Twitter by 227.6% in the first quarter. Nicolet Bankshares Inc. now owns 7,821 shares of the social networking company’s stock worth $117,000 after buying an additional 5,434 shares during the last quarter. Hedge funds and other institutional investors own 51.67% of the company’s stock.

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.

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