Aviva PLC increased its share in Twitter Inc shares (NYSE: TWTR) by 2.2% in the second quarter, in line with its latest 13F filed with the SEC. The company owned 276,497 shares of the company's social networking company had purchased 5,988 additional shares during the period. Aviva PLC holdings in Twitter had a value of $ 9,650,000 at the end of the most recent reporting period.
Some other large investors bought and sold shares of the stock recently. Corient Capital Partners LLC raised its share in Twitter about 1.1% in the first quarter. Corient Capital Partners LLC is now 28,416 shares of the social networking company's value of $ 934,000 which has purchased 301 additional shares during the period. Manchester Capital Management LLC increased its share in Twitter by 16.5% in the first quarter. Manchester Capital Management LLC now holds 2,329 shares of the social networking company stock to the value of $ 77,000 after purchasing 329 additional shares during the period. Nwam LLC increased its share in Twitter by 5.0% in the second quarter. Nwam LLC is now 7,415 shares of the social networking company's value of $ 259,000 having purchased 350 additional shares during the period. We Are One Seven LLC is increasing 3.1% in the second quarter on Twitter. 11,604 shares of the social networking company stock to the value of $ 404,000 have purchased 352 additional shares during the period. Finally, Western Wealth Management LLC increased its share in Twitter by 2.7% in the first quarter. 13,570 shares of the social networking company stock worth $ 446,000 now by Western Wealth Management LLC have purchased 354 additional shares during the period. 68.77% of the stock is owned by hedge funds and other institutional investors.
$ Twitter shares were traded up $ 0.88 during Tuesday trading hours, hitting with $ 42.58. The company's stock had a trading volume of 4,565,826, compared with an average of 17,596,410. The company has a market capitalization of $ 32.51 billion, a PE ratio of 77.42, a P / E / G ratio of 0.84 and a beta of 0.62. The business has an average of $ 39.32 and an average of $ 35.80 moving at $ 35.80 days. The company has a fast ratio of 4.33, a current ratio of 4.33 and a debt-to-equity ratio of 0.29. A low-year of $ 26.19 by Twitter Inc. and a high-year of $ 43.48.
Twitter (NYSE: TWTR) announced its earnings results on Friday, July 26th. The social networking company reported $ 0.12 earnings per share for the quarter, spending the compromise estimates of $ 0.09 with $ 0.03. Twitter had a net net value of 71.46% and an equity return of 7.93%. The firm had an income of $ 841.40 million during the quarter, compared to the consensus estimate of $ 828.07 million. During the same period in the previous year, the company earned $ 0.17 earnings per share. The firm's quarterly income was up 18.4% compared to the same quarter last year. On average, side-sales analysts hope that Twitter Inc will earn 2.06 per share for the current fiscal year.
In other news, VP Matthew Derella sold 10,793 shares of the firm's stock in a transaction dated Monday, June 3rd. The shares were sold at an average price of $ 35.31, with a total value of $ 381,100.83. The transaction was disclosed in filing with the SEC, which is available through this link. The Robert Kaiden inside also sold 9,441 shares of the firm's stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $ 43.04, for a total transaction $ 406,340.64. The disclosure for this sale can be found here. In excess of 146,032 shares of the company's insider stock were sold within the last quarter of $ 5,697,904. 2.65% of the stock is owned by insiders.
TWTR has recently been the subject of a number of analytical reports. Aegis contributed its Twitter share price target from $ 41.00 to $ 48.00 and gave the stock a “buy” rating in a research note on Tuesday, 23 April. Robert W. Baird contributed his Twitter share price target from $ 33.00 to $ 40.00 and gave the stock a "neutral" rating in a research note on Tuesday, 23 April. Morgan Stanley reiterated a “equal weight” rating and set a $ 35.00 price target (up from $ 32.00) on Twitter shares in a research note on Tuesday, 6 August. Deutsche Bank improved its price share on Twitter shares from $ 35.00 to $ 39.00 and gave the stock a "held" rating in a research note on Wednesday, 24th April. Finally, Nomura with her Twitter share price target ranged from $ 33.00 to $ 38.00 and gave the stock a "neutral" rating in a research note on Monday, 29 July. Four analysts have a rated sales rating, seven analyzes have given an occupancy rating, seventeen have been assigned a purchasing rating and fifteen have purchased stock. Twitter has an average “Hold” rate and a target average price of $ 40.91.
Company Profile Twitter
Twitter, Inc. acts as a platform for self-expression and public conversation in real-time. The company offers a variety of products and services, including Twitter, a platform that allows users to eat, create, distribute, and find content; and Periscope, a mobile application that enables the user to broadcast and watch live video with others.
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