Twitter, Inc. (NYSE:TWTR) insider Robert Kaiden sold 14,388 shares of the company’s stock in a transaction that occurred on Tuesday, June 6th. The shares were sold at an average price of $17.71, for a total transaction of $254,811.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Robert Kaiden also recently made the following trade(s):

  • On Thursday, June 1st, Robert Kaiden sold 2,815 shares of Twitter stock. The stock was sold at an average price of $18.37, for a total transaction of $51,711.55.
  • On Monday, May 1st, Robert Kaiden sold 4,569 shares of Twitter stock. The stock was sold at an average price of $17.35, for a total transaction of $79,272.15.

Shares of Twitter, Inc. (TWTR) traded down 0.95% on Friday, reaching $16.67. 9,939,429 shares of the company’s stock were exchanged. Twitter, Inc. has a 52-week low of $14.12 and a 52-week 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 issued its earnings results on Wednesday, April 26th. The social networking company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.27. Twitter had a negative return on equity of 4.23% and a negative net margin of 17.67%. The company had revenue of $548 million for the quarter, compared to analysts’ expectations of $513.04 million. During the same period last year, the business earned $0.15 EPS. Twitter’s quarterly revenue was down 7.8% compared to the same quarter last year. Equities analysts forecast that Twitter, Inc. will post $0.33 EPS for the current fiscal year.

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

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Several institutional investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Twitter by 4.1% in the first quarter. Vanguard Group Inc. now owns 45,997,766 shares of the social networking company’s stock worth $687,667,000 after buying an additional 1,819,941 shares in the last quarter. Clearbridge Investments LLC boosted its position in shares of Twitter by 17.8% in the first quarter. Clearbridge Investments LLC now owns 36,805,927 shares of the social networking company’s stock worth $550,249,000 after buying an additional 5,561,940 shares in the last quarter. OppenheimerFunds Inc. boosted its position in shares of Twitter by 42.3% in the first quarter. OppenheimerFunds Inc. now owns 10,088,428 shares of the social networking company’s stock worth $150,822,000 after buying an additional 2,999,690 shares in the last quarter. First Trust Advisors LP boosted its position in shares of Twitter by 10.9% in the first quarter. First Trust Advisors LP now owns 6,543,375 shares of the social networking company’s stock worth $97,823,000 after buying an additional 641,282 shares in the last quarter. Finally, Amerigo Asset Management boosted its position in shares of Twitter by 64.3% in the first quarter. Amerigo Asset Management now owns 6,463,910 shares of the social networking company’s stock worth $96,635,000 after buying an additional 2,528,910 shares in the last quarter. Institutional investors own 51.67% of the company’s stock.

Several research analysts have recently commented on the stock. Wells Fargo & Company restated a “hold” rating and set a $14.50 price target on shares of Twitter in a research note on Friday, May 12th. Instinet restated a “neutral” rating on shares of Twitter in a research note on Friday, June 2nd. Royal Bank of Canada reaffirmed an “underperform” rating on shares of Twitter in a report on Saturday, June 3rd. Vetr raised shares of Twitter from a “hold” rating to a “buy” rating and set a $18.68 price objective for the company in a report on Monday, May 29th. Finally, Cantor Fitzgerald reaffirmed a “neutral” rating and set a $16.00 price objective on shares of Twitter in a report on Tuesday, May 2nd. Seventeen analysts have rated the stock with a sell rating, twenty-three have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $15.82.

About Twitter

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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