Twitter Inc (TWTR) Director Evan Clark Williams Sells 546,200 Shares

Twitter Inc (NYSE:TWTR) Director Evan Clark Williams sold 546,200 shares of the company’s stock in a transaction dated Friday, February 16th. The shares were sold at an average price of $33.36, for a total transaction of $18,221,232.00. Following the completion of the transaction, the director now directly owns 2,218,744 shares of the company’s stock, valued at $74,017,299.84. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

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

  • On Thursday, January 25th, Evan Clark Williams sold 18,347 shares of Twitter stock. The shares were sold at an average price of $22.33, for a total transaction of $409,688.51.
  • On Wednesday, January 10th, Evan Clark Williams sold 18,347 shares of Twitter stock. The shares were sold at an average price of $24.17, for a total transaction of $443,446.99.
  • On Wednesday, December 27th, Evan Clark Williams sold 18,347 shares of Twitter stock. The shares were sold at an average price of $24.27, for a total transaction of $445,281.69.
  • On Thursday, December 28th, Evan Clark Williams sold 546,200 shares of Twitter stock. The shares were sold at an average price of $24.29, for a total transaction of $13,267,198.00.
  • On Wednesday, December 13th, Evan Clark Williams sold 18,347 shares of Twitter stock. The shares were sold at an average price of $21.66, for a total transaction of $397,396.02.
  • On Wednesday, November 29th, Evan Clark Williams sold 1,982,985 shares of Twitter stock. The shares were sold at an average price of $21.12, for a total transaction of $41,880,643.20.

Shares of Twitter Inc (NYSE:TWTR) opened at $33.38 on Thursday. Twitter Inc has a 12 month low of $14.12 and a 12 month high of $35.00. The company has a market cap of $24,790.00, a P/E ratio of -222.53, a price-to-earnings-growth ratio of 9.96 and a beta of 1.14. 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 (NYSE:TWTR) last announced its quarterly earnings results on Thursday, February 8th. The social networking company reported $0.19 EPS for the quarter, beating the consensus estimate of $0.14 by $0.05. Twitter had a negative net margin of 4.42% and a positive return on equity of 0.79%. The company had revenue of $731.60 million for the quarter, compared to analyst estimates of $686.12 million. During the same quarter last year, the business earned $0.11 earnings per share. Twitter’s revenue was up 2.0% compared to the same quarter last year. equities research analysts forecast that Twitter Inc will post 0.15 EPS for the current fiscal year.

TWTR has been the topic of a number of recent analyst reports. SunTrust Banks upped their target price on shares of Twitter to $29.00 and gave the company a “hold” rating in a research note on Friday, February 9th. They noted that the move was a valuation call. Canaccord Genuity upped their target price on shares of Twitter from $21.00 to $25.00 and gave the company a “hold” rating in a research note on Friday, February 9th. Bank of America upped their target price on shares of Twitter from $20.00 to $26.00 and gave the company an “underperform” rating in a research note on Friday, February 9th. BMO Capital Markets upped their target price on shares of Twitter from $22.00 to $28.00 and gave the company a “market perform” rating in a research note on Monday, February 12th. Finally, Morgan Stanley upped their target price on shares of Twitter from $15.00 to $28.00 and gave the company an “underweight” rating in a research note on Thursday, February 15th. Eight analysts have rated the stock with a sell rating, twenty-two have issued a hold rating and seven have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $23.46.

Several large investors have recently made changes to their positions in TWTR. CNB Bank acquired a new stake in shares of Twitter in the fourth quarter valued at approximately $101,000. Avestar Capital LLC acquired a new stake in shares of Twitter in the fourth quarter valued at approximately $103,000. Balentine LLC boosted its holdings in shares of Twitter by 86.6% in the third quarter. Balentine LLC now owns 6,822 shares of the social networking company’s stock valued at $115,000 after acquiring an additional 3,167 shares in the last quarter. We Are One Seven LLC bought a new position in shares of Twitter in the fourth quarter valued at approximately $128,000. Finally, Toronto Dominion Bank boosted its holdings in shares of Twitter by 21.3% in the second quarter. Toronto Dominion Bank now owns 7,592 shares of the social networking company’s stock valued at $136,000 after acquiring an additional 1,333 shares in the last quarter. Institutional investors own 52.08% of the company’s stock.

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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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