Twitter, Inc. (NYSE:TWTR) General Counsel Vijaya Gadde sold 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 20th. The shares were sold at an average price of $17.66, for a total value of $264,900.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Vijaya Gadde also recently made the following trade(s):

  • On Wednesday, August 16th, Vijaya Gadde sold 15,000 shares of Twitter stock. The shares were sold at an average price of $16.07, for a total value of $241,050.00.
  • On Monday, July 10th, Vijaya Gadde sold 7,500 shares of Twitter stock. The shares were sold at an average price of $18.03, for a total value of $135,225.00.
  • On Tuesday, July 11th, Vijaya Gadde sold 15,000 shares of Twitter stock. The shares were sold at an average price of $18.28, for a total value of $274,200.00.

Shares of Twitter, Inc. (TWTR) opened at 17.61 on Friday. The stock has a 50 day moving average price of $16.76 and a 200-day moving average price of $16.94. Twitter, Inc. has a 52 week low of $14.12 and a 52 week high of $25.25. The stock’s market cap is $12.91 billion.

Twitter (NYSE:TWTR) last released its quarterly earnings results on Thursday, July 27th. The social networking company reported $0.08 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.05 by $0.03. Twitter had a negative return on equity of 2.91% and a negative net margin of 18.25%. The firm had revenue of $574.00 million for the quarter, compared to analyst estimates of $536.63 million. During the same quarter last year, the company posted $0.13 earnings per share. The business’s revenue was down 4.7% on a year-over-year basis. Equities analysts predict that Twitter, Inc. will post $0.33 EPS for the current fiscal year.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ardsley Advisory Partners grew its holdings in shares of Twitter by 100.0% during the second quarter. Ardsley Advisory Partners now owns 20,000 shares of the social networking company’s stock worth $357,000 after buying an additional 10,000 shares during the last quarter. Intl Fcstone Inc. grew its holdings in shares of Twitter by 174.1% during the second quarter. Intl Fcstone Inc. now owns 37,151 shares of the social networking company’s stock worth $664,000 after buying an additional 23,599 shares during the last quarter. Toronto Dominion Bank grew its holdings in shares of Twitter by 21.3% during 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 during the last quarter. EP Wealth Advisors LLC purchased a new position in shares of Twitter during the second quarter worth about $211,000. Finally, Public Employees Retirement System of Ohio grew its holdings in shares of Twitter by 2.3% during the second quarter. Public Employees Retirement System of Ohio now owns 284,027 shares of the social networking company’s stock worth $5,076,000 after buying an additional 6,446 shares during the last quarter. 49.14% of the stock is currently owned by hedge funds and other institutional investors.

TWTR has been the subject of several research analyst reports. Zacks Investment Research upgraded Twitter from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a report on Tuesday, June 27th. BidaskClub cut Twitter from a “hold” rating to a “sell” rating in a report on Friday, June 16th. Robert W. Baird restated a “hold” rating and set a $17.00 price target on shares of Twitter in a report on Friday, September 1st. Goldman Sachs Group, Inc. (The) restated a “buy” rating and set a $20.00 price target on shares of Twitter in a report on Sunday, July 30th. Finally, Vetr upgraded Twitter from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a report on Tuesday, June 27th. Seventeen analysts have rated the stock with a sell rating, twenty-four have given a hold rating and six have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $15.49.

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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