Twitter, Inc. (TWTR) Director Sells $11,345,200.00 in Stock

Twitter, Inc. (NYSE:TWTR) Director Evan Clark Williams sold 565,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $20.08, for a total value of $11,345,200.00. Following the sale, the director now directly owns 2,441,312 shares in the company, valued at approximately $49,021,544.96. The sale was disclosed in a legal filing with the SEC, which is available through this link.

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

  • On Tuesday, October 31st, Evan Clark Williams sold 2,000,300 shares of Twitter stock. The stock was sold at an average price of $21.06, for a total value of $42,126,318.00.
  • On Thursday, October 12th, Evan Clark Williams sold 409,115 shares of Twitter stock. The stock was sold at an average price of $17.95, for a total value of $7,343,614.25.
  • On Monday, September 25th, Evan Clark Williams sold 9,845 shares of Twitter stock. The stock was sold at an average price of $17.02, for a total value of $167,561.90.
  • On Tuesday, September 26th, Evan Clark Williams sold 319,385 shares of Twitter stock. The shares were sold at an average price of $16.92, for a total value of $5,403,994.20.
  • On Wednesday, September 13th, Evan Clark Williams sold 546,200 shares of Twitter stock. The shares were sold at an average price of $18.15, for a total value of $9,913,530.00.
  • On Thursday, August 24th, Evan Clark Williams sold 9,173 shares of Twitter stock. The shares were sold at an average price of $16.91, for a total value of $155,115.43.
  • On Friday, August 25th, Evan Clark Williams sold 127,427 shares of Twitter stock. The shares were sold at an average price of $16.67, for a total value of $2,124,208.09.

Twitter, Inc. (NYSE TWTR) opened at $20.76 on Friday. The company has a quick ratio of 10.40, a current ratio of 10.40 and a debt-to-equity ratio of 0.35. Twitter, Inc. has a twelve month low of $14.12 and a twelve month high of $21.96.

Twitter (NYSE:TWTR) last issued its earnings results on Thursday, October 26th. The social networking company reported $0.10 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.07 by $0.03. Twitter had a negative net margin of 15.08% and a negative return on equity of 1.21%. The firm had revenue of $590.00 million for the quarter, compared to analysts’ expectations of $586.22 million. During the same quarter last year, the company posted $0.09 earnings per share. Twitter’s revenue was down 4.2% on a year-over-year basis. equities research analysts forecast that Twitter, Inc. will post 0.02 EPS for the current year.

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A number of hedge funds and other institutional investors have recently modified their holdings of the business. Rothschild Asset Management Inc. lifted its holdings in Twitter by 0.4% in the second quarter. Rothschild Asset Management Inc. now owns 35,078 shares of the social networking company’s stock worth $627,000 after acquiring an additional 151 shares during the last quarter. Nordea Investment Management AB increased its stake in shares of Twitter by 2.3% in the second quarter. Nordea Investment Management AB now owns 19,027 shares of the social networking company’s stock valued at $340,000 after purchasing an additional 422 shares during the period. Comerica Bank increased its stake in shares of Twitter by 1.8% in the second quarter. Comerica Bank now owns 27,861 shares of the social networking company’s stock valued at $557,000 after purchasing an additional 489 shares during the period. Lincoln National Corp increased its stake in shares of Twitter by 5.1% in the second quarter. Lincoln National Corp now owns 16,200 shares of the social networking company’s stock valued at $289,000 after purchasing an additional 785 shares during the period. Finally, Sheaff Brock Investment Advisors LLC increased its stake in shares of Twitter by 3.4% in the second quarter. Sheaff Brock Investment Advisors LLC now owns 24,015 shares of the social networking company’s stock valued at $429,000 after purchasing an additional 800 shares during the period. 49.71% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities research analysts recently issued reports on TWTR shares. Goldman Sachs Group, Inc. (The) set a $26.00 target price on Twitter and gave the company a “buy” rating in a research note on Friday, October 27th. Vetr lowered Twitter from a “strong-buy” rating to a “buy” rating and set a $19.82 target price on the stock. in a research note on Wednesday, October 4th. Susquehanna Bancshares Inc upped their target price on Twitter from $17.00 to $20.00 and gave the company a “neutral” rating in a research note on Thursday, October 26th. Morgan Stanley reaffirmed an “underweight” rating and issued a $10.00 target price on shares of Twitter in a research note on Monday, October 2nd. Finally, Robert W. Baird reaffirmed a “hold” rating and issued a $17.00 target price on shares of Twitter in a research note on Friday, September 1st. Twelve analysts have rated the stock with a sell rating, twenty-two have given a hold rating, six have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $17.67.

Twitter Company Profile

Twitter, Inc offers products and services for users, advertisers, developers and data partners. The Company’s products and services include Twitter, Periscope, Promoted Tweets, Promoted Accounts and Promoted Trends. Its Twitter is a platform for public self-expression and conversation in real time. Periscope broadcasts can also be viewed through Twitter and on desktop or mobile Web browser.

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

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