Twitter Inc (NYSE:TWTR) CAO Robert Kaiden sold 7,491 shares of the firm’s stock in a transaction on Thursday, June 20th. The shares were sold at an average price of $35.80, for a total value of $268,177.80. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Robert Kaiden also recently made the following trade(s):

  • On Monday, June 3rd, Robert Kaiden sold 3,796 shares of Twitter stock. The shares were sold at an average price of $35.70, for a total value of $135,517.20.
  • On Monday, May 6th, Robert Kaiden sold 8,291 shares of Twitter stock. The shares were sold at an average price of $40.00, for a total value of $331,640.00.
  • On Wednesday, May 1st, Robert Kaiden sold 8,703 shares of Twitter stock. The shares were sold at an average price of $39.55, for a total value of $344,203.65.
  • On Monday, April 1st, Robert Kaiden sold 348 shares of Twitter stock. The shares were sold at an average price of $32.74, for a total value of $11,393.52.

NYSE:TWTR opened at $35.02 on Monday. The company has a debt-to-equity ratio of 0.34, a current ratio of 4.47 and a quick ratio of 4.47. Twitter Inc has a 1-year low of $26.19 and a 1-year high of $46.90. The firm has a market capitalization of $26.92 billion, a P/E ratio of 63.67, a P/E/G ratio of 2.23 and a beta of 0.69.

Twitter (NYSE:TWTR) last released its quarterly earnings results on Tuesday, April 23rd. The social networking company reported $0.37 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.06 by $0.31. Twitter had a return on equity of 8.37% and a net margin of 42.20%. The business had revenue of $787.00 million during the quarter, compared to analyst estimates of $775.16 million. During the same quarter last year, the company posted $0.16 EPS. Twitter’s revenue for the quarter was up 18.3% on a year-over-year basis. Research analysts expect that Twitter Inc will post 0.67 EPS for the current fiscal year.

Several large investors have recently added to or reduced their stakes in TWTR. Norges Bank acquired a new position in shares of Twitter in the 4th quarter valued at $202,600,000. SRS Investment Management LLC acquired a new position in shares of Twitter in the 4th quarter valued at $140,191,000. Clearbridge Investments LLC boosted its position in shares of Twitter by 11.5% in the 1st quarter. Clearbridge Investments LLC now owns 30,512,378 shares of the social networking company’s stock valued at $1,003,247,000 after purchasing an additional 3,144,553 shares during the period. Sumitomo Mitsui Trust Holdings Inc. boosted its position in shares of Twitter by 72.8% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 4,809,412 shares of the social networking company’s stock valued at $158,133,000 after purchasing an additional 2,026,733 shares during the period. Finally, Nikko Asset Management Americas Inc. boosted its position in shares of Twitter by 1,085.7% in the 1st quarter. Nikko Asset Management Americas Inc. now owns 2,200,069 shares of the social networking company’s stock valued at $72,338,000 after purchasing an additional 2,014,515 shares during the period. Institutional investors and hedge funds own 67.09% of the company’s stock.

A number of research analysts have recently commented on TWTR shares. Oppenheimer raised their price target on Twitter from $33.00 to $44.00 and gave the company an “outperform” rating in a report on Wednesday, April 24th. Morgan Stanley raised their price target on Twitter from $31.00 to $32.00 and gave the company an “equal weight” rating in a report on Wednesday, April 24th. JPMorgan Chase & Co. raised their price target on Twitter from $40.00 to $46.00 and gave the company an “overweight” rating in a report on Wednesday, April 24th. China Renaissance Securities started coverage on Twitter in a report on Wednesday, May 29th. They set a “sell” rating and a $28.00 price target on the stock. Finally, SunTrust Banks reissued a “hold” rating and set a $34.00 price target on shares of Twitter in a report on Monday, April 22nd. Three equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and sixteen have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $39.78.

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, a platform 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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