Twitter Inc (NYSE:TWTR) Director Evan Clark Williams sold 682,242 shares of the stock in a transaction that occurred on Thursday, September 13th. The shares were sold at an average price of $30.01, for a total value of $20,474,082.42. Following the completion of the sale, the director now directly owns 1,586,809 shares of the company’s stock, valued at $47,620,138.09. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Evan Clark Williams also recently made the following trade(s):

  • On Thursday, August 30th, Evan Clark Williams sold 682,242 shares of Twitter stock. The shares were sold at an average price of $35.45, for a total value of $24,185,478.90.
  • On Thursday, August 16th, Evan Clark Williams sold 682,242 shares of Twitter stock. The shares were sold at an average price of $32.59, for a total value of $22,234,266.78.
  • On Tuesday, July 24th, Evan Clark Williams sold 682,242 shares of Twitter stock. The shares were sold at an average price of $42.75, for a total value of $29,165,845.50.
  • On Thursday, July 12th, Evan Clark Williams sold 682,242 shares of Twitter stock. The shares were sold at an average price of $44.34, for a total value of $30,250,610.28.
  • On Tuesday, June 26th, Evan Clark Williams sold 682,242 shares of Twitter stock. The shares were sold at an average price of $44.51, for a total value of $30,366,591.42.

Twitter stock opened at $30.12 on Monday. Twitter Inc has a one year low of $16.57 and a one year high of $47.79. The company has a debt-to-equity ratio of 0.47, a current ratio of 11.00 and a quick ratio of 11.00. The firm has a market capitalization of $22.55 billion, a price-to-earnings ratio of 99.17, a price-to-earnings-growth ratio of 3.82 and a beta of 0.73.

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

A number of institutional investors have recently added to or reduced their stakes in the business. Mainstay Capital Management LLC ADV lifted its holdings in Twitter by 1,914.1% in the second quarter. Mainstay Capital Management LLC ADV now owns 33,534 shares of the social networking company’s stock valued at $789,000 after acquiring an additional 31,869 shares during the period. Cleararc Capital Inc. acquired a new stake in Twitter in the second quarter valued at $730,000. Laurel Wealth Advisors Inc. acquired a new stake in Twitter in the second quarter valued at $317,000. Andra AP fonden acquired a new stake in Twitter in the second quarter valued at $6,577,000. Finally, M Holdings Securities Inc. acquired a new stake in Twitter in the second quarter valued at $306,000. 64.51% of the stock is owned by institutional investors.

Several brokerages recently weighed in on TWTR. Citigroup increased their price target on Twitter from $32.00 to $39.00 and gave the stock a “neutral” rating in a report on Monday, July 30th. Goldman Sachs Group reaffirmed a “buy” rating and set a $55.00 price target on shares of Twitter in a report on Friday, July 27th. ValuEngine downgraded Twitter from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 28th. Canaccord Genuity reaffirmed a “hold” rating and set a $32.00 price target (up from $28.00) on shares of Twitter in a report on Friday, July 27th. Finally, Deutsche Bank increased their price target on Twitter from $32.00 to $33.00 and gave the stock a “hold” rating in a report on Thursday, August 16th. Three investment analysts have rated the stock with a sell rating, twenty-three have issued a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. Twitter has an average rating of “Hold” and an average price target of $33.13.

Twitter Company Profile

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.

See Also: Fundamental Analysis – How It Helps Investors

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

Receive News & Ratings for Twitter Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twitter and related companies with MarketBeat.com's FREE daily email newsletter.