Twitter Inc. (NYSE:TWTR) VP Matthew Derella sold 7,008 shares of Twitter stock in a transaction on Wednesday, April 4th. The shares were sold at an average price of $27.80, for a total value of $194,822.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
TWTR traded down $0.54 on Friday, hitting $28.10. 15,284,777 shares of the company were exchanged, compared to its average volume of 31,965,008. Twitter Inc. has a twelve month low of $14.12 and a twelve month high of $36.80. The stock has a market capitalization of $21,213.05, a price-to-earnings ratio of 468.33, a PEG ratio of 7.68 and a beta of 0.86. The company has a debt-to-equity ratio of 0.34, a current ratio of 9.12 and a quick ratio of 9.12.
Twitter (NYSE:TWTR) last released its earnings results on Thursday, February 8th. The social networking company reported $0.19 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.14 by $0.05. Twitter had a positive return on equity of 0.77% and a negative net margin of 4.42%. The firm had revenue of $731.60 million during the quarter, compared to analysts’ expectations of $686.12 million. During the same period in the previous year, the firm posted $0.11 EPS. Twitter’s revenue for the quarter was up 2.0% on a year-over-year basis. research analysts anticipate that Twitter Inc. will post 0.17 earnings per share for the current year.
Large investors have recently added to or reduced their stakes in the company. CNB Bank acquired a new position in shares of Twitter during the 4th quarter worth about $101,000. Avestar Capital LLC acquired a new position in shares of Twitter during the 4th quarter worth about $103,000. Balentine LLC boosted its position in shares of Twitter by 86.6% during the 3rd quarter. Balentine LLC now owns 6,822 shares of the social networking company’s stock worth $115,000 after acquiring an additional 3,167 shares in the last quarter. We Are One Seven LLC acquired a new position in shares of Twitter during the 4th quarter worth about $128,000. Finally, Pier Capital LLC acquired a new position in shares of Twitter during the 4th quarter worth about $175,000. 54.67% of the stock is owned by institutional investors and hedge funds.
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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