Twitter, Inc. (NYSE:TWTR) General Counsel Vijaya Gadde sold 135,000 shares of Twitter stock in a transaction dated Friday, November 10th. The stock was sold at an average price of $19.92, for a total transaction of $2,689,200.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

  • On Wednesday, October 18th, Vijaya Gadde sold 15,000 shares of Twitter stock. The shares were sold at an average price of $18.19, for a total transaction of $272,850.00.
  • On Wednesday, September 20th, Vijaya Gadde sold 15,000 shares of Twitter stock. The shares were sold at an average price of $17.66, for a total transaction of $264,900.00.
  • 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 transaction of $241,050.00.

Twitter, Inc. (TWTR) opened at $19.91 on Thursday. The company has a debt-to-equity ratio of 0.35, a current ratio of 10.40 and a quick ratio of 10.40. Twitter, Inc. has a 12-month low of $14.12 and a 12-month high of $21.96.

Twitter (NYSE:TWTR) last posted its quarterly earnings data on Thursday, October 26th. The social networking company reported $0.10 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.07 by $0.03. The company had revenue of $590.00 million during the quarter, compared to analysts’ expectations of $586.22 million. Twitter had a negative net margin of 15.08% and a negative return on equity of 1.21%. The firm’s revenue for the quarter was down 4.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.09 earnings per share. research analysts expect that Twitter, Inc. will post 0.02 earnings per share for the current fiscal year.

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Several equities research analysts have issued reports on the stock. MKM Partners reissued a “neutral” rating and issued a $18.00 price objective (up from $16.00) on shares of Twitter in a research report on Thursday, August 10th. SunTrust Banks, Inc. reissued a “hold” rating and issued a $18.00 price objective (up from $16.00) on shares of Twitter in a research report on Friday, October 27th. They noted that the move was a valuation call. Cowen and Company reissued an “underperform” rating and issued a $14.00 price objective (up from $12.00) on shares of Twitter in a research report on Friday, July 28th. Mizuho assumed coverage on shares of Twitter in a research report on Monday, August 7th. They issued an “underperform” rating and a $14.50 price objective for the company. Finally, Citigroup Inc. reissued a “sell” rating and issued a $12.00 price objective on shares of Twitter in a research report on Thursday, August 10th. Twelve investment analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $17.67.

Large investors have recently bought and sold shares of the business. Exane Derivatives raised its position in Twitter by 18.7% during the third quarter. Exane Derivatives now owns 59,516 shares of the social networking company’s stock worth $1,004,000 after acquiring an additional 9,363 shares during the period. Vivaldi Asset Management LLC acquired a new position in Twitter during the second quarter worth $7,521,000. Allen Investment Management LLC acquired a new position in Twitter during the second quarter worth $7,169,000. State of Alaska Department of Revenue raised its position in Twitter by 77.5% during the second quarter. State of Alaska Department of Revenue now owns 29,068 shares of the social networking company’s stock worth $519,000 after acquiring an additional 12,690 shares during the period. Finally, Contrarius Investment Management Ltd raised its position in Twitter by 17.4% during the second quarter. Contrarius Investment Management Ltd now owns 5,553,048 shares of the social networking company’s stock worth $99,233,000 after acquiring an additional 822,455 shares during the period. Institutional investors own 49.71% 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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