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

Nisa Investment Advisors LLC lessened its stake in shares of Twitter Inc (NYSE:TWTR) by 14.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 94,600 shares of the social networking company’s stock after selling 15,755 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Twitter were worth $2,271,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of TWTR. Vanguard Group Inc. lifted its holdings in shares of Twitter by 6.2% during the second quarter. Vanguard Group Inc. now owns 48,836,225 shares of the social networking company’s stock worth $872,704,000 after purchasing an additional 2,838,459 shares during the period. Northern Trust Corp lifted its holdings in shares of Twitter by 78.3% during the second quarter. Northern Trust Corp now owns 8,350,037 shares of the social networking company’s stock worth $149,215,000 after purchasing an additional 3,667,233 shares during the period. First Trust Advisors LP lifted its holdings in shares of Twitter by 5.3% during the third quarter. First Trust Advisors LP now owns 7,633,764 shares of the social networking company’s stock worth $128,782,000 after purchasing an additional 385,181 shares during the period. Amerigo Asset Management lifted its holdings in shares of Twitter by 46.2% during the third quarter. Amerigo Asset Management now owns 6,875,910 shares of the social networking company’s stock worth $115,997,000 after purchasing an additional 2,172,000 shares during the period. Finally, Contrarius Investment Management Ltd lifted its holdings in shares of Twitter by 1.3% during the third quarter. Contrarius Investment Management Ltd now owns 5,624,420 shares of the social networking company’s stock worth $94,884,000 after purchasing an additional 71,372 shares during the period. 50.12% of the stock is currently owned by hedge funds and other institutional investors.

TWTR has been the topic of several recent analyst reports. Vetr upgraded shares of Twitter from a “buy” rating to a “strong-buy” rating and set a $19.82 target price on the stock in a report on Monday, October 23rd. Zacks Investment Research upgraded shares of Twitter from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a report on Friday, January 12th. Aegis upgraded shares of Twitter from a “sell” rating to a “buy” rating and set a $30.00 target price on the stock in a report on Tuesday, January 16th. Stifel Nicolaus upgraded shares of Twitter from a “sell” rating to a “hold” rating and boosted their target price for the company from $12.00 to $17.00 in a report on Thursday, October 26th. Finally, Argus upgraded shares of Twitter from a “hold” rating to a “buy” rating and boosted their target price for the company from $19.71 to $25.00 in a report on Friday, November 3rd. Eight equities research analysts have rated the stock with a sell rating, twenty-one have given a hold rating and eight have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $22.60.

In other Twitter news, insider Robert Kaiden sold 12,734 shares of the stock in a transaction that occurred on Tuesday, February 6th. The shares were sold at an average price of $24.99, for a total value of $318,222.66. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Evan Clark Williams sold 1,982,985 shares of the stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $21.12, for a total transaction of $41,880,643.20. Following the completion of the transaction, the director now directly owns 2,401,747 shares in the company, valued at approximately $50,724,896.64. The disclosure for this sale can be found here. Insiders have sold a total of 3,225,011 shares of company stock worth $69,509,411 over the last 90 days. 10.79% of the stock is currently owned by corporate insiders.

Twitter Inc (NYSE TWTR) traded up $1.33 on Friday, reaching $31.51. 67,006,066 shares of the company’s stock were exchanged, compared to its average volume of 32,330,000. The company has a current ratio of 10.40, a quick ratio of 10.40 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $23,410.00, a PE ratio of -210.07, a price-to-earnings-growth ratio of 13.74 and a beta of 1.14. Twitter Inc has a 52-week low of $14.12 and a 52-week high of $35.00.

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

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Twitter Profile

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.

Institutional Ownership by Quarter for Twitter (NYSE:TWTR)

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