Twitter Inc. (NYSE: TWTR) vice president Michael Montano sold 1,250 company shares in a transaction dated Tuesday, January 22nd. The stock was sold at an average price of $ 32.97, for a total value of $ 41.212.50. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.
Michele Montano also recently realized the following business (s):
- Tuesday, February 5, Michael Montano sold 1,250 shares on Twitter. The shares were sold at an average price of $ 34.29, for a total value of $ 42.862.50.
- Monday, January 7, Michael Montano sold 1,250 shares on Twitter. The shares were sold at an average price of $ 30.20, for a total value of $ 37.750.00.
- On Thursday 20 December, Michael Montano sold 1,250 shares on Twitter. The shares were sold at an average price of $ 32.59, for a total value of $ 40.737.50.
- On Thursday 6 December, Michael Montano sold 1,250 shares on Twitter. The shares were sold at an average price of $ 32.42, for a total value of $ 40.525.00.
- On Tuesday 20 November, Michael Montano sold 1,250 shares on Twitter. The shares were sold at an average price of $ 30.20, for a total value of $ 37.750.00.
TWTR shares sold $ 0.79 during Friday trading hours, reaching $ 30.01. The stock had a trading volume of 40.638.916 shares, compared to its average volume of 19.351.992. Twitter Inc. has a minimum of 12 months of $ 26.19 and a maximum of 12 months of $ 47.79. The company has a fast ratio of 4.61, a current ratio of 4.69 and a debt / equity ratio of 0.26. The stock has a market capitalization of $ 23.45 billion, a P / E ratio of 54,56, a P / E / G ratio of 5.14 and a beta of 0.43.
The last time Twitter (NYSE: TWTR) published earnings results on Thursday 7 February. The social networking company posted a profit of $ 0.31 per share (EPS) for the quarter, surpassing analysts' consensus estimates of $ 0.16 for $ 0.15. Twitter reported a return on equity of 8.08% and a net margin of 39.63%. The company reported revenues of $ 908.84 million in the quarter, compared to analysts' expectations of $ 864.87 million. During the same period last year, the company earned $ 0.19 per share. Twitter's quarterly revenue increased 24.2% from the same quarter last year. On average, analysts predict that Twitter Inc. will publish 0.52 EPS for the current year.
Several research companies have recently published reports on TWTR. Zacks Investment Research has raised Twitter from a "hold" rating to a "buy" rating and set a price target of $ 35.00 for the company in a research note on Thursday 10 January. JPMorgan Chase & Co. reiterated a "buy" rating and issued a $ 44.00 price target on Twitter's shares in a research note on Thursday 10 January. ValuEngine downgraded Twitter from a "buy" rating to a "hold" rating in a Friday research note. CIBC updated Twitter from a "market perform" rating to an "outperform" rating and set a target price of $ 37.00 on the stock in a report on Friday, October 26th. Finally, Wedbush set a target price of $ 37.00 on Twitter and gave the company a "wait" rating in a Friday report. Two analysts rated the stock with a sales rating, twenty issued a holding rating, fifteen gave a purchase rating and one gave a strong purchase rating to the company. Twitter has a "Hold" consensus rating and a consensus price target of $ 35.13.
A number of hedge funds and other institutional investors have recently added or reduced their shareholding. Linscomb & Williams Inc. increased their position on Twitter by 17.1% in the fourth quarter. Linscomb & Williams Inc. now owns 33.407 shares of the social networking company worth $ 960,000 after purchasing an additional 4,867 shares during the last quarter. Ffcm LLC increased its Twitter position by 157.2% in the fourth quarter. Ffcm LLC now owns 5,520 shares of the social networking company's shares valued at $ 159,000 after the purchase of an additional 3,374 shares during the last quarter. Hodges Capital Management Inc. increased its Twitter position by 987.9% in the fourth quarter. Hodges Capital Management Inc. currently holds 134,900 shares of the social networking company's shares valued at $ 3,877,000 after purchasing an additional 122,500 shares in the last quarter. Utah Retirement Systems increased its Twitter position by 0.5% in the fourth quarter. Utah Retirement Systems currently owns 132,200 shares of the shares of the social networking company valued at $ 3,800,000 after the purchase of an additional 700 shares in the last quarter. Finally, Doyle Wealth Management purchased a new fourth-quarter stake in Twitter worth $ 85,000. 64.07% of the capital is owned by institutional investors and hedge funds.
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Information on Twitter
Twitter, Inc. operates as a platform for public self-expression and real-time conversation. 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 allows the user to broadcast and watch live video with others.
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