Twitter, Inc. (NYSE:TWTR) registered a 0.88% increase, still its new closing price is 24.62% up from the company’s 1 year high of 25.25.It posted -1.50% losses in previous 5 sessions and is now the subject of 27 analysts who together assign a hold rating on stock. 7 of Wall Street analysts have an underperform rating; the 2 sells versus 2 buy or better ratings. The 40 stock analysts following this company have an average price target at $16.39, with individual PT in the $10.00-$23.00 range. The shares moved at $17.11, implying that brokerage firms see shares gaining about 2.52% in twelve months time.
Twitter, Inc. (TWTR) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a 4.97% rise year to date. A Chief Accounting Officer at Twitter, Inc. (TWTR) offloaded shares in a transaction closed on Tuesday December 06, 2016. Kaiden Robert sold 3,512 shares in the company at $18.29 each and collected $64,000 in proceeds. Kaiden Robert now owns 154,575 shares in the company after this transaction. A Chief Accounting Officer in the company, Kaiden Robert, disclosed a transaction on Thursday December 01, 2016 that ended up generating $72,001 from the sale of 3,988 shares at $18.19 per share.
Twitter, Inc. (NYSE:TWTR) Upcoming Results on Tap
Twitter, Inc. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.14 in that period. Sales during the quarter are predicted to arrive at $630.82 million.
Earnings surprise history: Last quarter, the company posted approximately $615.93 million in revenue and EPS of $0.13. The mean forecast was for $605.84 million and $0.09 a share, respectively. One quarter earlier, revenue for the stock was at $601.96 million, with earnings at $0.13/share.
Twitter, Inc. (TWTR) Brokerage Update
Twitter, Inc. (TWTR) is in UBS’s research list so their analyst rating change is noteworthy. These shares were downgraded to Neutral from Buy by UBS, according to news reported on Tuesday January 17, 2017.Another important research note was issued by Pivotal Research Group on Thursday January 12, 2017.The firm downgraded TWTR to Hold from Buy. Over the last six months and over the last three months, the shares of Twitter, Inc. (TWTR), have changed -6.66% and 2.27%, respectively.
January 5, 2017 — Following a successful live streaming collaboration during the 2016 FedExCup Playoffs, the PGA TOUR has announced that Twitter, Inc. (NYSE:TWTR) will be the exclusive global platform to distribute, on a free basis, more than 70 hours of live competition coverage across 31 tournaments through the remainder of the 2016-17 Season.
Twitter will begin live streaming at the CareerBuilder Challenge on January 19 and conclude at the season-ending TOUR Championship. Coverage typically will include the first 60 to 90 minutes from the early Thursday and Friday morning hours of PGA TOUR LIVE’s Over-The-Top (OTT) subscription window, on a global basis. This coverage will include pre-game analysis, interviews, range coverage, and live competition from the first two holes of each day’s PGA TOUR LIVE Marquee Groups.
The live streams will be available globally to Twitter’s logged-in and logged-out audience on Twitter and connected devices and can be found at PGATourLive.twitter.com and on @PGATour. The partnership also includes opportunities for advertisers, including packages with television style mid-roll spots, combined with original clips produced by the PGA TOUR, available for sponsorship and promotion on Twitter.
The partnership also includes an extension of the PGA TOUR and Twitter’s Amplify program, with PGA TOUR increasing its highlight videos and regular content creation across Twitter and Periscope.