Twitter, Inc. (NYSE:TWTR) General Counsel Vijaya Gadde sold 15,000 shares of the stock in a transaction dated Tuesday, December 5th. The shares were sold at an average price of $20.71, for a total transaction of $310,650.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • On Friday, November 10th, Vijaya Gadde sold 135,000 shares of Twitter stock. The shares were sold at an average price of $19.92, for a total transaction of $2,689,200.00.
  • 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.

Shares of Twitter, Inc. (TWTR) opened at $21.10 on Friday. Twitter, Inc. has a 1 year low of $14.12 and a 1 year high of $22.48. The company has a quick ratio of 10.40, a current ratio of 10.40 and a debt-to-equity ratio of 0.35.

Twitter (NYSE:TWTR) last announced its earnings results on Thursday, October 26th. The social networking company reported $0.10 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.07 by $0.03. Twitter had a negative net margin of 15.08% and a negative return on equity of 1.21%. The firm had revenue of $590.00 million for the quarter, compared to analyst estimates of $586.22 million. During the same quarter last year, the business earned $0.09 earnings per share. Twitter’s revenue was down 4.2% compared to the same quarter last year. sell-side analysts forecast that Twitter, Inc. will post 0.02 earnings per share for the current year.

A number of research analysts have issued reports on TWTR shares. Wells Fargo & Company increased their target price on shares of Twitter from $16.00 to $19.00 and gave the company a “market perform” rating in a report on Friday, October 27th. Zacks Investment Research raised shares of Twitter from a “hold” rating to a “strong-buy” rating and set a $25.00 target price for the company in a report on Tuesday, October 31st. Stifel Nicolaus raised shares of Twitter from a “sell” rating to a “hold” rating and increased their target price for the company from $12.00 to $17.00 in a report on Thursday, October 26th. SunTrust Banks reaffirmed a “hold” rating and issued a $18.00 target price (up from $16.00) on shares of Twitter in a report on Friday, October 27th. They noted that the move was a valuation call. Finally, BidaskClub raised shares of Twitter from a “hold” rating to a “buy” rating in a report on Friday, October 6th. Twelve research analysts have rated the stock with a sell rating, twenty-two have given a hold rating, five have assigned a buy rating and two have assigned a strong buy rating to the stock. Twitter has a consensus rating of “Hold” and a consensus price target of $17.99.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Balentine LLC boosted its position in Twitter by 86.6% during the third quarter. Balentine LLC now owns 6,822 shares of the social networking company’s stock worth $115,000 after acquiring an additional 3,167 shares during the last quarter. Toronto Dominion Bank raised its stake in 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 purchasing an additional 1,333 shares during the period. Malaga Cove Capital LLC purchased a new position in Twitter during the third quarter worth approximately $154,000. Gilder Gagnon Howe & Co. LLC raised its stake in Twitter by 112.3% during the second quarter. Gilder Gagnon Howe & Co. LLC now owns 8,781 shares of the social networking company’s stock worth $157,000 after purchasing an additional 4,645 shares during the period. Finally, Staley Capital Advisers Inc. purchased a new position in Twitter during the third quarter worth approximately $173,000. Hedge funds and other institutional investors own 50.83% of the company’s stock.

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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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