Matthew Derella Sells 7,008 Shares of Twitter Inc (TWTR) Stock

Twitter Inc (NYSE:TWTR) VP Matthew Derella sold 7,008 shares of the firm’s stock in a transaction that occurred on Thursday, July 5th. The shares were sold at an average price of $44.46, for a total value of $311,575.68. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Matthew Derella also recently made the following trade(s):

  • On Thursday, May 3rd, Matthew Derella sold 15,100 shares of Twitter stock. The shares were sold at an average price of $30.56, for a total value of $461,456.00.

Twitter stock opened at $46.65 on Friday. Twitter Inc has a one year low of $15.67 and a one year high of $47.79. The company has a debt-to-equity ratio of 0.33, a current ratio of 10.23 and a quick ratio of 10.23. The firm has a market capitalization of $33.03 billion, a PE ratio of 777.50, a P/E/G ratio of 5.39 and a beta of 0.88.

Twitter (NYSE:TWTR) last posted its quarterly earnings results on Wednesday, April 25th. The social networking company reported $0.16 EPS for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.15. Twitter had a return on equity of 2.81% and a net margin of 0.57%. The firm had revenue of $665.00 million during the quarter, compared to analyst estimates of $607.56 million. During the same period last year, the company earned $0.07 earnings per share. The business’s revenue for the quarter was up 21.3% on a year-over-year basis. analysts anticipate that Twitter Inc will post 0.35 EPS for the current fiscal year.

Institutional investors have recently bought and sold shares of the company. Fortis Advisors LLC bought a new position in shares of Twitter in the first quarter worth $103,000. Centaurus Financial Inc. bought a new position in shares of Twitter in the first quarter worth $104,000. CNB Bank bought a new position in shares of Twitter in the fourth quarter worth $101,000. Prime Capital Investment Advisors LLC boosted its holdings in shares of Twitter by 394.6% in the first quarter. Prime Capital Investment Advisors LLC now owns 4,575 shares of the social networking company’s stock worth $133,000 after acquiring an additional 3,650 shares during the period. Finally, Avestar Capital LLC bought a new position in shares of Twitter in the fourth quarter worth $103,000. 59.57% of the stock is owned by hedge funds and other institutional investors.

A number of research firms have recently weighed in on TWTR. Wells Fargo & Co restated a “market perform” rating and issued a $42.00 target price (up previously from $32.00) on shares of Twitter in a report on Tuesday. Zacks Investment Research lowered Twitter from a “strong-buy” rating to a “hold” rating in a report on Saturday, June 30th. UBS Group raised their target price on Twitter from $36.00 to $52.00 and gave the company a “buy” rating in a report on Friday, June 15th. Argus increased their price target on Twitter from $40.00 to $50.00 and gave the company a “buy” rating in a research report on Wednesday, June 6th. Finally, ValuEngine raised Twitter from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 2nd. Five equities research analysts have rated the stock with a sell rating, twenty-one have given a hold rating, eleven have issued a buy rating and two have issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $28.59.

Twitter Company Profile

Twitter, Inc operates as a platform for public self-expression and conversation in real time. 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 enables user to broadcast and watch video live with others.

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

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