Twitter Inc (NYSE:TWTR) CFO Ned D. Segal sold 6,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 11th. The stock was sold at an average price of $30.44, for a total transaction of $182,640.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Twitter stock traded up $0.51 during mid-day trading on Thursday, reaching $30.26. 453,427 shares of the company traded hands, compared to its average volume of 21,268,330. The company has a current ratio of 11.00, a quick ratio of 11.00 and a debt-to-equity ratio of 0.47. Twitter Inc has a fifty-two week low of $16.57 and a fifty-two week high of $47.79. The firm has a market capitalization of $23.41 billion, a price-to-earnings ratio of 506.50, a PEG ratio of 3.97 and a beta of 0.73.

Twitter (NYSE:TWTR) last issued its quarterly earnings results on Friday, July 27th. The social networking company reported $0.17 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.16 by $0.01. Twitter had a net margin of 8.57% and a return on equity of 4.37%. The business had revenue of $710.54 million for the quarter, compared to analyst estimates of $697.35 million. During the same quarter in the prior year, the business posted $0.08 EPS. Twitter’s revenue for the quarter was up 23.8% compared to the same quarter last year. sell-side analysts predict that Twitter Inc will post 0.35 EPS for the current fiscal year.

Institutional investors have recently modified their holdings of the business. Quantitative Systematic Strategies LLC acquired a new position in Twitter in the first quarter worth $214,000. Robeco Institutional Asset Management B.V. lifted its stake in shares of Twitter by 637.5% during the first quarter. Robeco Institutional Asset Management B.V. now owns 411,082 shares of the social networking company’s stock valued at $11,925,000 after acquiring an additional 355,339 shares during the period. State of Wisconsin Investment Board lifted its stake in shares of Twitter by 1.8% during the first quarter. State of Wisconsin Investment Board now owns 748,431 shares of the social networking company’s stock valued at $21,712,000 after acquiring an additional 13,115 shares during the period. Chicago Equity Partners LLC acquired a new position in shares of Twitter during the first quarter valued at $629,000. Finally, Schwab Charles Investment Management Inc. lifted its stake in shares of Twitter by 6.7% during the first quarter. Schwab Charles Investment Management Inc. now owns 1,396,007 shares of the social networking company’s stock valued at $40,499,000 after acquiring an additional 87,191 shares during the period. Institutional investors and hedge funds own 64.51% of the company’s stock.

Several equities research analysts have recently weighed in on the stock. Deutsche Bank upped their price target on shares of Twitter from $32.00 to $33.00 and gave the stock a “hold” rating in a research report on Thursday, August 16th. Zacks Investment Research cut shares of Twitter from a “buy” rating to a “hold” rating in a research report on Tuesday, July 31st. Nomura raised shares of Twitter from a “reduce” rating to a “neutral” rating and lowered their price target for the stock from $31.75 to $31.00 in a research report on Tuesday, July 31st. Bank of America set a $27.00 price target on shares of Twitter and gave the stock a “sell” rating in a research report on Monday, July 30th. Finally, Wells Fargo & Co lowered their price target on shares of Twitter from $42.00 to $32.00 and set an “in-line” rating for the company in a research report on Monday, July 30th. Three investment analysts have rated the stock with a sell rating, twenty-three have assigned a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. Twitter has a consensus rating of “Hold” and an average price target of $33.13.

About Twitter

Twitter, Inc operates as a platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter that allows users to consume, create, distribute, and discover content; and Periscope, a mobile application that enables user to broadcast and watch video live with others.

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

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