Twitter Inc (NYSE: TWTR) CAO Robert Kaiden sold 10,437 shares of the company in a transaction that took place on Monday 5 August. The stock was sold at an average price of $ 40.47, for a total value of $ 422,385.39. The sale was disclosed in a deposit with the Securities & Exchange Commission, available on the SEC's website.
Robert Kaiden also recently carried out the following operations:
- On Thursday, August 1, Robert Kaiden sold 9,441 Twitter shares. The stock was sold at an average price of $ 43.04, for a total value of $ 40.340.64.
- On Monday 1 July, Robert Kaiden sold 487 Twitter shares. The stock was sold at an average price of $ 35.61, for a total value of $ 17,342.07.
- On Thursday, June 20, Robert Kaiden sold 7,491 Twitter shares. The stock was sold at an average price of $ 35.80, for a total value of $ 268.177,80.
- On Monday 3 June, Robert Kaiden sold 3,796 Twitter shares. The stock was sold at an average price of $ 35.70, for a total value of $ 135,517.20.
TWTR shares were opened on Friday for $ 41.00. Twitter Inc has a minimum of 1 year of $ 26.19 and a maximum of 1 year of $ 43.48. The stock has a market capitalization of $ 33.09 billion, a PE ratio of 74.55, a price-growth-growth ratio of 0.88 and a beta of 0.62. The fifty-day moving average of the company is $ 39.81 and its 200-day moving average is $ 35.98. The company has a debt / equity ratio of 0.29, a rapid ratio of 4.33 and a current ratio of 4.33.
Twitter (NYSE: TWTR) has published the results of its quarterly earnings on Friday 26 July. The social network company reported $ 0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $ 0.09 for $ 0.03. Twitter recorded a return on equity of 7.93% and a net margin of 71.46%. The company reported revenues of $ 841.40 million in the quarter, compared to analysts' expectations of $ 828.07 million. During the same period last year, the company earned $ 0.17 EPS. The revenues of the company for the quarter increased by 18.4% on an annual basis. Equity research analysts predict that Twitter Inc will publish 2.06 earnings per share for the current year.
Many brokers have recently published reports on TWTR. Loop Capital began coverage on Twitter in a report on Monday 3 June. They issued a "buy" rating on the stock. Pivotal Research began coverage on Twitter in a report on Wednesday 29 May. They issued a "buy" rating and a price target of $ 48.00 on the stock. Rosenblatt Securities began coverage on Twitter in a research note on Tuesday 23 July. They set a "neutral" rating and a target price of $ 38.00 on the stock. Goldman Sachs Group set a target price of $ 52.00 on Twitter and gave the company a "buy" score in a research note on Friday 26 July. Finally, Barclays set a target price of $ 34.00 on Twitter and assigned the company a "sale" score in a research note on Friday 26 July. Four stock research analysts rated the stock with a sales rating, seventeen issued a suspension rating and fifteen issued a stock purchase rating of the company. Twitter has a "Hold" consensus score and an average target price of $ 40.91.
Several hedge funds have recently changed their holdings in the company. Resources Investment Advisors LLC. acquired a new position in Twitter shares in the second quarter for a value of $ 30,000. In the second quarter, Ellevest Inc. increased its holdings in Twitter shares by 4.150.0%. Ellevest Inc. now owns 850 shares of the social network for a value of $ 30,000 after acquiring a further 830 shares in the last quarter. First Financial Corp IN acquired a new position in Twitter shares in the 1st quarter worth $ 33,000. The Trust Division of Moody National Bank increased its holdings in Twitter shares by 92.6% in the first quarter. The Moody National Bank Trust Division now owns 994 shares of the social network for a value of $ 33,000 after acquiring an additional 478 shares in the last quarter. Finally, Asset Dedication LLC acquired a new position in Twitter shares in the 1st quarter worth $ 33,000. Institutional investors hold 68.77% of the company's shares.
Twitter, Inc works as a platform for public self-expression and real-time conversation. 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 allows the user to broadcast and watch live video with others.
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