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

Twitter Inc (NYSE:TWTR) Director Evan Clark Williams sold 546,200 shares of the company’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $33.36, for a total value of $18,221,232.00. Following the sale, the director now owns 2,218,744 shares of the company’s stock, valued at $74,017,299.84. The sale 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 stock was sold at an average price of $22.33, for a total value of $409,688.51.
  • On Wednesday, January 10th, Evan Clark Williams sold 18,347 shares of Twitter stock. The stock was sold at an average price of $24.17, for a total value of $443,446.99.
  • On Wednesday, December 27th, Evan Clark Williams sold 18,347 shares of Twitter stock. The stock was sold at an average price of $24.27, for a total value of $445,281.69.
  • On Thursday, December 28th, Evan Clark Williams sold 546,200 shares of Twitter stock. The stock was sold at an average price of $24.29, for a total value of $13,267,198.00.
  • On Wednesday, December 13th, Evan Clark Williams sold 18,347 shares of Twitter stock. The stock was sold at an average price of $21.66, for a total value of $397,396.02.
  • On Wednesday, November 29th, Evan Clark Williams sold 1,982,985 shares of Twitter stock. The stock was sold at an average price of $21.12, for a total value of $41,880,643.20.

Twitter Inc (NYSE TWTR) traded down $0.22 during trading on Tuesday, reaching $32.84. The company had a trading volume of 22,770,000 shares, compared to its average volume of 36,600,000. The firm has a market capitalization of $24,390.00, a price-to-earnings ratio of -218.93, a price-to-earnings-growth ratio of 9.96 and a beta of 1.14. Twitter Inc has a 12-month low of $14.12 and a 12-month high of $35.00. The company has a debt-to-equity ratio of 0.35, a quick ratio of 10.40 and a current ratio of 10.40.

Twitter (NYSE:TWTR) last posted its earnings results on Thursday, February 8th. The social networking company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.14 by $0.05. The firm had revenue of $731.60 million for the quarter, compared to analyst estimates of $686.12 million. Twitter had a positive return on equity of 0.79% and a negative net margin of 4.42%. Twitter’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same period last year, the company earned $0.11 earnings per share. sell-side analysts anticipate that Twitter Inc will post 0.15 earnings per share for the current fiscal year.

A number of institutional investors have recently bought and sold shares of TWTR. Toronto Dominion Bank grew its holdings in 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 purchasing an additional 1,333 shares during the period. Cetera Investment Advisers grew its holdings in Twitter by 14.6% in the fourth quarter. Cetera Investment Advisers now owns 12,994 shares of the social networking company’s stock valued at $313,000 after purchasing an additional 1,657 shares during the period. Partnervest Advisory Services LLC grew its holdings in Twitter by 9.8% in the fourth quarter. Partnervest Advisory Services LLC now owns 27,893 shares of the social networking company’s stock valued at $670,000 after purchasing an additional 2,500 shares during the period. Zeke Capital Advisors LLC grew its holdings in Twitter by 19.8% in the fourth quarter. Zeke Capital Advisors LLC now owns 15,126 shares of the social networking company’s stock valued at $363,000 after purchasing an additional 2,500 shares during the period. Finally, Moors & Cabot Inc. grew its holdings in Twitter by 16.2% in the fourth quarter. Moors & Cabot Inc. now owns 18,425 shares of the social networking company’s stock valued at $441,000 after purchasing an additional 2,575 shares during the period. 52.08% of the stock is currently owned by hedge funds and other institutional investors.

A number of research firms have commented on TWTR. Goldman Sachs Group set a $26.00 price target on Twitter and gave the company a “buy” rating in a research note on Friday, October 27th. Vetr upgraded Twitter from a “hold” rating to a “buy” rating and set a $22.96 price target for the company in a research note on Monday, October 30th. Argus upgraded Twitter from a “hold” rating to a “buy” rating and increased their price target for the company from $19.71 to $25.00 in a research note on Friday, November 3rd. Summit Redstone began coverage on Twitter in a research note on Monday, December 18th. They issued a “buy” rating and a $26.00 price target for the company. Finally, BTIG Research increased their price target on Twitter from $25.00 to $30.00 and gave the company a “buy” rating in a research note on Friday, January 12th. Eight equities research analysts have rated the stock with a sell rating, twenty-two have issued a hold rating and seven have issued a buy rating to the stock. Twitter has an average rating of “Hold” and an average price target of $23.46.

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About Twitter

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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