Twitter, Inc. (NYSE:TWTR) Director Evan Clark Williams sold 127,427 shares of the firm’s stock in a transaction dated Friday, August 25th. The shares were sold at an average price of $16.67, for a total value of $2,124,208.09. Following the sale, the director now directly owns 2,692,230 shares in the company, valued at approximately $44,879,474.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Evan Clark Williams also recently made the following trade(s):

  • On Thursday, August 24th, Evan Clark Williams sold 9,173 shares of Twitter stock. The shares were sold at an average price of $16.91, for a total value of $155,115.43.
  • On Wednesday, August 9th, Evan Clark Williams sold 273,300 shares of Twitter stock. The shares were sold at an average price of $16.16, for a total value of $4,416,528.00.
  • On Thursday, July 13th, Evan Clark Williams sold 42,070 shares of Twitter stock. The shares were sold at an average price of $19.26, for a total value of $810,268.20.
  • On Friday, July 14th, Evan Clark Williams sold 853,700 shares of Twitter stock. The shares were sold at an average price of $19.38, for a total value of $16,544,706.00.
  • On Thursday, June 29th, Evan Clark Williams sold 452,500 shares of Twitter stock. The shares were sold at an average price of $17.82, for a total value of $8,063,550.00.
  • On Wednesday, June 14th, Evan Clark Williams sold 276,000 shares of Twitter stock. The shares were sold at an average price of $16.84, for a total value of $4,647,840.00.
  • On Wednesday, May 31st, Evan Clark Williams sold 373,100 shares of Twitter stock. The shares were sold at an average price of $18.38, for a total value of $6,857,578.00.

Twitter, Inc. (TWTR) traded down 1.42% during midday trading on Friday, reaching $16.65. The company’s stock had a trading volume of 11,496,786 shares. The company has a 50 day moving average price of $17.54 and a 200 day moving average price of $16.82. Twitter, Inc. has a 1-year low of $14.12 and a 1-year high of $25.25. The firm’s market cap is $12.20 billion.

Twitter (NYSE:TWTR) last posted its quarterly earnings results on Thursday, July 27th. The social networking company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.05 by $0.03. The business had revenue of $574 million for the quarter, compared to analysts’ expectations of $536.63 million. Twitter had a negative net margin of 18.25% and a negative return on equity of 2.91%. Twitter’s revenue was down 4.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.13 EPS. On average, equities research analysts expect that Twitter, Inc. will post $0.34 EPS for the current year.

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A number of equities research analysts have commented on the company. UBS AG reiterated a “sell” rating and issued a $14.00 price target (up from $12.00) on shares of Twitter in a research note on Friday, April 28th. Drexel Hamilton reiterated a “buy” rating on shares of Twitter in a research note on Tuesday, May 2nd. KeyCorp reiterated a “hold” rating on shares of Twitter in a research note on Friday. Vetr upgraded Twitter from a “hold” rating to a “buy” rating and set a $18.35 price target for the company in a research note on Tuesday, June 6th. Finally, OTR Global upgraded Twitter from a “negative” rating to a “mixed” rating in a research note on Thursday, July 13th. Sixteen analysts have rated the stock with a sell rating, twenty-five have given a hold rating and five have assigned a buy rating to the stock. Twitter has a consensus rating of “Hold” and a consensus price target of $15.49.

Large investors have recently modified their holdings of the company. Mosaic Family Wealth LLC boosted its stake 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 in the last quarter. Advisory Services Network LLC acquired a new stake in shares of Twitter during the first quarter worth about $107,000. Toronto Dominion Bank boosted its stake in shares of Twitter by 21.3% in the second quarter. Toronto Dominion Bank now owns 7,592 shares of the social networking company’s stock worth $136,000 after buying an additional 1,333 shares in the last quarter. Westside Investment Management Inc. boosted its stake in shares of Twitter by 46.0% in the first quarter. Westside Investment Management Inc. now owns 10,454 shares of the social networking company’s stock worth $152,000 after buying an additional 3,295 shares in the last quarter. Finally, Gilder Gagnon Howe & Co. LLC boosted its stake in shares of Twitter by 112.3% in the second quarter. Gilder Gagnon Howe & Co. LLC now owns 8,781 shares of the social networking company’s stock worth $157,000 after buying an additional 4,645 shares in the last quarter. Hedge funds and other institutional investors own 47.36% of the company’s stock.

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.

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

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