Gilder Gagnon Howe & Co. LLC boosted its stake in shares of Twitter, Inc. (NYSE:TWTR) by 112.3% during the second quarter, Holdings Channel reports. The firm owned 8,781 shares of the social networking company’s stock after buying an additional 4,645 shares during the period. Gilder Gagnon Howe & Co. LLC’s holdings in Twitter were worth $157,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of TWTR. Teachers Advisors LLC boosted its stake in Twitter by 2.4% in the fourth quarter. Teachers Advisors LLC now owns 814,894 shares of the social networking company’s stock valued at $13,283,000 after buying an additional 19,411 shares during the period. Raymond James Trust N.A. boosted its stake in Twitter by 22.0% in the first quarter. Raymond James Trust N.A. now owns 16,304 shares of the social networking company’s stock valued at $243,000 after buying an additional 2,936 shares during the period. Gulf International Bank UK Ltd boosted its stake in Twitter by 1.6% in the first quarter. Gulf International Bank UK Ltd now owns 174,487 shares of the social networking company’s stock valued at $2,608,000 after buying an additional 2,800 shares during the period. Capstone Asset Management Co. boosted its stake in Twitter by 18.5% in the first quarter. Capstone Asset Management Co. now owns 16,680 shares of the social networking company’s stock valued at $249,000 after buying an additional 2,600 shares during the period. Finally, Atria Investments LLC boosted its stake in Twitter by 2.6% in the first quarter. Atria Investments LLC now owns 10,404 shares of the social networking company’s stock valued at $156,000 after buying an additional 268 shares during the period. 47.02% of the stock is owned by institutional investors and hedge funds.

Shares of Twitter, Inc. (NYSE:TWTR) opened at 15.92 on Friday. The stock has a 50 day moving average of $17.99 and a 200 day moving average of $16.88. The stock’s market cap is $11.67 billion. Twitter, Inc. has a one year low of $14.12 and a one year high of $25.25.

Twitter (NYSE:TWTR) last released its quarterly earnings results on Thursday, July 27th. The social networking company reported $0.08 EPS for the quarter, topping the consensus estimate of $0.05 by $0.03. The business had revenue of $574 million during the quarter, compared to analyst estimates of $536.63 million. Twitter had a negative net margin of 18.25% and a negative return on equity of 2.91%. The company’s quarterly revenue was down 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.13 earnings per share. Equities analysts expect that Twitter, Inc. will post $0.34 EPS for the current fiscal year.

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Several analysts have recently weighed in on TWTR shares. Barclays PLC reissued an “underweight” rating and issued a $14.00 price target on shares of Twitter in a research note on Monday, April 17th. BMO Capital Markets reissued a “hold” rating and issued a $17.00 price target on shares of Twitter in a research note on Monday, April 17th. Jefferies Group LLC reissued a “buy” rating and issued a $20.00 price target on shares of Twitter in a research note on Tuesday, April 18th. Cantor Fitzgerald reissued a “hold” rating and issued a $16.00 price target on shares of Twitter in a research note on Monday, April 24th. Finally, Stifel Nicolaus reissued a “sell” rating and issued a $10.00 price target on shares of Twitter in a research note on Monday, April 24th. Sixteen analysts have rated the stock with a sell rating, twenty-three have given a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Hold” and an average price target of $15.59.

In other news, Director Evan Clark Williams sold 273,300 shares of the company’s stock in a transaction dated Wednesday, August 9th. The shares were sold at an average price of $16.16, for a total transaction of $4,416,528.00. Following the completion of the transaction, the director now owns 2,710,576 shares in the company, valued at $43,802,908.16. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Robert Kaiden sold 2,815 shares of the company’s stock in a transaction dated Thursday, June 1st. The stock was sold at an average price of $18.37, for a total transaction of $51,711.55. The disclosure for this sale can be found here. Insiders have sold 2,337,873 shares of company stock valued at $42,520,779 in the last 90 days. Insiders own 10.79% 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.

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Institutional Ownership by Quarter for Twitter (NYSE:TWTR)

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