Twitter Inc (NYSE:TWTR) VP Matthew Derella sold 5,944 shares of the company’s stock in a transaction dated Friday, January 4th. The stock was sold at an average price of $29.63, for a total value of $176,120.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

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

  • On Tuesday, November 6th, Matthew Derella sold 15,098 shares of Twitter stock. The stock was sold at an average price of $34.34, for a total value of $518,465.32.

Shares of NYSE:TWTR opened at $33.09 on Friday. Twitter Inc has a 1 year low of $22.04 and a 1 year high of $47.79. The company has a market cap of $22.80 billion, a price-to-earnings ratio of 551.50, a price-to-earnings-growth ratio of 2.70 and a beta of 0.24. The company has a quick ratio of 4.61, a current ratio of 4.61 and a debt-to-equity ratio of 0.27.

Twitter (NYSE:TWTR) last announced its earnings results on Thursday, October 25th. The social networking company reported $0.21 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.17. Twitter had a return on equity of 6.75% and a net margin of 36.35%. The business had revenue of $758.11 million during the quarter, compared to analyst estimates of $703.57 million. Analysts anticipate that Twitter Inc will post 0.46 EPS for the current fiscal year.

Institutional investors have recently bought and sold shares of the company. Northern Trust Corp raised its stake in shares of Twitter by 42.8% during the second quarter. Northern Trust Corp now owns 10,289,349 shares of the social networking company’s stock valued at $449,336,000 after acquiring an additional 3,084,415 shares in the last quarter. New Jersey Better Educational Savings Trust bought a new stake in shares of Twitter during the third quarter valued at approximately $569,000. Baird Financial Group Inc. bought a new stake in shares of Twitter during the second quarter valued at approximately $259,000. Atalanta Sosnoff Capital LLC bought a new stake in shares of Twitter during the fourth quarter valued at approximately $17,581,000. Finally, Sumitomo Mitsui Asset Management Company LTD raised its stake in shares of Twitter by 2,046.4% during the third quarter. Sumitomo Mitsui Asset Management Company LTD now owns 1,102,082 shares of the social networking company’s stock valued at $31,365,000 after acquiring an additional 1,050,737 shares in the last quarter. 64.16% of the stock is owned by hedge funds and other institutional investors.

A number of equities analysts have recently issued reports on TWTR shares. Wedbush reiterated a “hold” rating and issued a $37.00 price objective on shares of Twitter in a report on Tuesday, October 23rd. Zacks Investment Research reiterated a “strong-buy” rating and issued a $37.00 price objective on shares of Twitter in a report on Saturday, November 17th. Pivotal Research upgraded Twitter from a “sell” rating to a “hold” rating and cut their price objective for the stock from $26.00 to $24.00 in a report on Friday, October 12th. upgraded Twitter from a “market perform” rating to an “outperform” rating and set a $37.00 price objective for the company in a report on Friday, October 26th. Finally, UBS Group upgraded Twitter from a “market perform” rating to an “outperform” rating in a report on Friday, October 26th. Two research analysts have rated the stock with a sell rating, eighteen have issued a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $35.60.

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About Twitter

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.

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