B. Metzler seel. Sohn & Co. Holding AG Invests $1.82 Million in Twitter, Inc. (NYSE:TWTR)


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B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of Twitter, Inc. (NYSE:TWTR) in the 4th quarter, HoldingsChannel reports. The fund acquired 33,480 shares of the social networking company’s stock, valued at approximately $1,819,000.

Other hedge funds also recently made changes to their positions in the company. Cypress Point Wealth Management LLC acquired a new stake in shares of Twitter during the 4th quarter worth approximately $25,000. Arlington Partners LLC acquired a new stake in Twitter in the 4th quarter valued at $25,000. Accel Wealth Management acquired a new stake in Twitter in the 4th quarter valued at $27,000. Crescent Capital Consulting LLC acquired a new stake in Twitter in the 4th quarter valued at $28,000. Finally, GoalVest Advisory LLC acquired a new stake in Twitter in the 4th quarter valued at $34,000. 73.17% of the stock is owned by institutional investors.

Shares of TWTR stock opened at $68.99 on Thursday. Twitter, Inc. has a 52-week low of $25.06 and a 52-week high of $80.75. The company has a debt-to-equity ratio of 0.33, a quick ratio of 4.44 and a current ratio of 4.44. The firm has a market capitalization of $55.06 billion, a P/E ratio of -49.99, a P/E/G ratio of 2.69 and a beta of 0.86. The stock has a 50 day moving average price of $68.05 and a 200 day moving average price of $53.89.

Twitter (NYSE:TWTR) last issued its earnings results on Tuesday, February 9th. The social networking company reported $0.38 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.31 by $0.07. The business had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.19 billion. Twitter had a negative return on equity of 12.42% and a negative net margin of 31.70%. Twitter’s revenue was up 28.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.25 EPS. As a group, sell-side analysts forecast that Twitter, Inc. will post -1.16 EPS for the current year.

TWTR has been the subject of several research reports. Oppenheimer lifted their price target on shares of Twitter from $58.00 to $70.00 and gave the company an “outperform” rating in a research report on Wednesday, February 10th. Piper Sandler lifted their price target on shares of Twitter from $61.00 to $71.00 in a research report on Friday, February 26th. Truist raised shares of Twitter from a “hold” rating to a “buy” rating and lifted their price target for the company from $64.00 to $74.00 in a research report on Monday, March 29th. Guggenheim lifted their price target on shares of Twitter from $48.00 to $60.00 and gave the company a “neutral” rating in a research report on Wednesday, February 10th. Finally, Truist Securities upgraded Twitter from a “hold” rating to a “buy” rating and raised their price objective for the company from $64.00 to $74.00 in a research note on Monday, March 29th. One analyst has rated the stock with a sell rating, twenty-two have given a hold rating and sixteen have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $65.16.

In related news, CFO Ned D. Segal sold 7,000 shares of the business’s stock in a transaction on Tuesday, January 12th. The stock was sold at an average price of $48.55, for a total transaction of $339,850.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Michael Montano sold 2,250 shares of the business’s stock in a transaction on Monday, April 5th. The stock was sold at an average price of $64.14, for a total value of $144,315.00. The disclosure for this sale can be found here. Over the last three months, insiders sold 80,695 shares of company stock valued at $4,673,387. Corporate insiders own 2.64% of the company’s stock.

Twitter 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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