Dynamic Advisor Solutions LLC Decreases Stock Position in Twitter, Inc. (NYSE:TWTR)

Dynamic Advisor Solutions LLC lessened its stake in Twitter, Inc. (NYSE:TWTR) by 17.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,772 shares of the social networking company’s stock after selling 1,199 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Twitter were worth $367,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Arlington Partners LLC purchased a new position in shares of Twitter during the 4th quarter valued at approximately $25,000. Cypress Point Wealth Management LLC purchased a new position in shares of Twitter during the 4th quarter valued at approximately $25,000. Pinnacle Bancorp Inc. purchased a new position in shares of Twitter during the 1st quarter valued at approximately $25,000. Accel Wealth Management purchased a new position in shares of Twitter during the 4th quarter valued at approximately $27,000. Finally, Crescent Capital Consulting LLC acquired a new stake in shares of Twitter during the 4th quarter valued at approximately $28,000. Institutional investors own 73.17% of the company’s stock.

In other Twitter news, insider Michael Montano sold 2,250 shares of the firm’s stock in a transaction dated Tuesday, April 20th. The stock was sold at an average price of $68.06, for a total transaction of $153,135.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Matthew Derella sold 21,438 shares of the firm’s stock in a transaction dated Wednesday, February 3rd. The stock was sold at an average price of $54.78, for a total value of $1,174,373.64. The disclosure for this sale can be found here. Insiders sold a total of 76,718 shares of company stock valued at $4,724,273 in the last quarter. 2.64% of the stock is currently owned by corporate insiders.

Several research firms recently issued reports on TWTR. Deutsche Bank Aktiengesellschaft upped their price target on Twitter from $65.00 to $76.00 and gave the company a “buy” rating in a research report on Wednesday, February 10th. Susquehanna Bancshares upped their price target on Twitter from $58.00 to $70.00 and gave the company a “positive” rating in a research report on Wednesday, February 10th. KeyCorp dropped their price target on Twitter from $90.00 to $77.00 and set an “overweight” rating on the stock in a research report on Friday. Argus upped their price target on Twitter from $72.00 to $82.00 and gave the company a “buy” rating in a research report on Thursday, April 22nd. Finally, Susquehanna upped their price target on Twitter from $58.00 to $70.00 and gave the company a “positive” rating in a research report on Wednesday, February 10th. Two analysts have rated the stock with a sell rating, nineteen have given a hold rating and sixteen have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $68.53.

Shares of TWTR stock opened at $54.58 on Tuesday. The company has a quick ratio of 4.44, a current ratio of 4.44 and a debt-to-equity ratio of 0.33. Twitter, Inc. has a fifty-two week low of $27.12 and a fifty-two week high of $80.75. The stock has a market capitalization of $43.59 billion, a P/E ratio of -39.55, a P/E/G ratio of 2.69 and a beta of 0.86. The stock has a 50-day simple moving average of $66.01 and a 200 day simple moving average of $56.76.

Twitter (NYSE:TWTR) last released its quarterly earnings results on Thursday, April 29th. The social networking company reported $0.16 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.14 by $0.02. Twitter had a negative return on equity of 12.42% and a negative net margin of 31.70%. On average, sell-side analysts anticipate that Twitter, Inc. will post -1.16 earnings per share for the current year.

Twitter Company Profile

Twitter, Inc operates as a platform for public self-expression and conversation in real time United States, Japan, and internationally. The company offers Twitter, a platform that allows users to consume, create, distribute, and discover content. It also provides promoted products and services, such as promoted tweets, promoted accounts, and promoted trends, which enable its advertisers to promote their brands, products, and services.

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Institutional Ownership by Quarter for Twitter (NYSE:TWTR)

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