Twitter Inc (TWTR) Shares Sold by LS Investment Advisors LLC

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LS Investment Advisors LLC lowered its stake in shares of Twitter Inc (NYSE:TWTR) by 6.0% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 16,660 shares of the social networking company’s stock after selling 1,062 shares during the period. LS Investment Advisors LLC’s holdings in Twitter were worth $479,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Legacy Financial Advisors Inc. increased its position in shares of Twitter by 5,495.2% during the 4th quarter. Legacy Financial Advisors Inc. now owns 1,175 shares of the social networking company’s stock valued at $34,000 after purchasing an additional 1,154 shares during the last quarter. Rehmann Capital Advisory Group increased its position in shares of Twitter by 50.2% during the 3rd quarter. Rehmann Capital Advisory Group now owns 1,834 shares of the social networking company’s stock valued at $52,000 after purchasing an additional 613 shares during the last quarter. Ipswich Investment Management Co. Inc. purchased a new stake in shares of Twitter during the 4th quarter valued at about $52,000. Essex Savings Bank purchased a new stake in shares of Twitter during the 4th quarter valued at about $62,000. Finally, Alpha Windward LLC purchased a new stake in shares of Twitter during the 4th quarter valued at about $74,000. Institutional investors and hedge funds own 64.38% of the company’s stock.

Shares of TWTR opened at $30.23 on Tuesday. The company has a quick ratio of 4.61, a current ratio of 4.69 and a debt-to-equity ratio of 0.26. Twitter Inc has a 1 year low of $26.19 and a 1 year high of $47.79. The company has a market cap of $22.85 billion, a price-to-earnings ratio of 54.96, a P/E/G ratio of 5.01 and a beta of 0.43.

Twitter (NYSE:TWTR) last posted its earnings results on Thursday, February 7th. The social networking company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.15. The firm had revenue of $908.84 million during the quarter, compared to the consensus estimate of $864.87 million. Twitter had a return on equity of 8.08% and a net margin of 39.63%. The company’s quarterly revenue was up 24.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.19 EPS. Analysts forecast that Twitter Inc will post 0.52 earnings per share for the current fiscal year.

Several equities research analysts recently issued reports on TWTR shares. Vertical Group raised shares of Twitter from a “hold” rating to a “buy” rating in a report on Monday, January 28th. Goldman Sachs Group reissued a “buy” rating and issued a $36.00 target price on shares of Twitter in a report on Friday. Wedbush reissued a “hold” rating and issued a $37.00 target price on shares of Twitter in a report on Tuesday, October 23rd. Zacks Investment Research reissued a “strong-buy” rating and issued a $37.00 target price on shares of Twitter in a report on Saturday, November 17th. Finally, raised shares of Twitter from a “market perform” rating to an “outperform” rating and set a $37.00 target price for the company in a report on Friday, October 26th. Two research analysts have rated the stock with a sell rating, twenty have given a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $35.13.

In other news, VP Michael Montano sold 1,250 shares of the stock in a transaction that occurred on Tuesday, February 5th. The stock was sold at an average price of $34.29, for a total transaction of $42,862.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Evan Clark Williams sold 682,242 shares of the stock in a transaction that occurred on Thursday, December 13th. The shares were sold at an average price of $36.08, for a total value of $24,615,291.36. Following the transaction, the director now owns 1,313,894 shares of the company’s stock, valued at $47,405,295.52. The disclosure for this sale can be found here. Insiders have sold a total of 7,069,100 shares of company stock valued at $226,847,819 over the last quarter. Corporate insiders own 6.62% of the company’s stock.

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Twitter 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.

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Institutional Ownership by Quarter for Twitter (NYSE:TWTR)

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