Twitter Inc (NYSE:TWTR) VP Michael Montano sold 1,250 shares of the company’s stock in a transaction that occurred on Thursday, December 6th. The stock was sold at an average price of $32.42, for a total value of $40,525.00. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Michael Montano also recently made the following trade(s):

  • On Tuesday, November 20th, Michael Montano sold 1,250 shares of Twitter stock. The stock was sold at an average price of $30.20, for a total value of $37,750.00.
  • On Monday, October 22nd, Michael Montano sold 1,250 shares of Twitter stock. The stock was sold at an average price of $29.05, for a total value of $36,312.50.
  • On Friday, October 5th, Michael Montano sold 1,250 shares of Twitter stock. The stock was sold at an average price of $28.34, for a total value of $35,425.00.

Twitter stock traded down $0.13 during mid-day trading on Friday, hitting $32.83. 29,450,601 shares of the company were exchanged, compared to its average volume of 18,008,394. The company has a debt-to-equity ratio of 0.27, a current ratio of 4.61 and a quick ratio of 4.61. Twitter Inc has a 1-year low of $20.95 and a 1-year high of $47.79. The firm has a market capitalization of $25.09 billion, a P/E ratio of 547.17, a P/E/G ratio of 3.19 and a beta of 0.29.

Twitter (NYSE:TWTR) last released its quarterly earnings data on Thursday, October 25th. The social networking company reported $0.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.17. Twitter had a return on equity of 6.75% and a net margin of 36.35%. The firm had revenue of $758.11 million during the quarter, compared to analyst estimates of $703.57 million. On average, equities research analysts predict that Twitter Inc will post 0.47 EPS for the current fiscal year.

TWTR has been the subject of a number of recent research reports. Zacks Investment Research restated a “strong-buy” rating and issued a $37.00 target price on shares of Twitter in a research note on Saturday, November 17th. Nomura upped their target price on Twitter from $30.00 to $33.00 and gave the company a “neutral” rating in a research note on Friday, October 26th. Deutsche Bank upped their target price on Twitter from $32.00 to $33.00 and gave the company a “hold” rating in a research note on Thursday, August 16th. BMO Capital Markets upped their target price on Twitter from $31.00 to $35.00 and gave the company a “market perform” rating in a research note on Friday, October 26th. Finally, TheStreet upgraded Twitter from a “c” rating to a “b-” rating in a research note on Friday, October 26th. Three equities research analysts have rated the stock with a sell rating, eighteen have issued a hold rating, fourteen have issued a buy rating and three have given a strong buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $34.90.

Several hedge funds have recently made changes to their positions in TWTR. Northern Trust Corp grew its holdings in shares of Twitter by 42.8% during the second quarter. Northern Trust Corp now owns 10,289,349 shares of the social networking company’s stock worth $449,336,000 after purchasing an additional 3,084,415 shares during the last quarter. American Century Companies Inc. bought a new stake in shares of Twitter during the second quarter worth $118,445,000. Eagle Asset Management Inc. bought a new stake in shares of Twitter during the third quarter worth $67,655,000. Vanguard Group Inc. grew its holdings in shares of Twitter by 2.7% during the third quarter. Vanguard Group Inc. now owns 70,255,589 shares of the social networking company’s stock worth $1,999,474,000 after purchasing an additional 1,830,649 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of Twitter by 42.9% during the third quarter. The Manufacturers Life Insurance Company now owns 6,011,350 shares of the social networking company’s stock worth $171,083,000 after purchasing an additional 1,804,706 shares during the last quarter. Institutional investors own 64.18% of the company’s stock.

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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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