Twitter, Inc. (TWTR) Files Form 4 Insider Selling : Adam Messinger Sells 18,842 Shares

Twitter, Inc. (TWTR): Adam Messinger , Chief Technology Officer of Twitter, Inc. sold 18,842 shares on Apr 22, 2016. The Insider selling transaction was reported by the company on Apr 22, 2016 to the Securities and Exchange Commission. The shares were sold at $17.33 per share for a total value of $326,531.88 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 5, 2016, Adam Messinger (Chief Technology Officer) sold 14,799 shares at $15.97 per share price.On Feb 18, 2016, Omid Kordestani (Executive Chairman) purchased 122,250 shares at $16.34 per share price.Also, On Feb 18, 2016, Anthony Noto (CFO) purchased 15,500 shares at $16.08 per share price.On Feb 8, 2016, Alexander Roetter (Senior VP, Engineering) sold 14,474 shares at $16.86 per share price.

Twitter Inc: On Wednesday, Apr 20, 2016 heightened volatility was witnessed in Twitter Inc which led to swings in the share price. The shares opened for trading at $17.48 and hit $17.77 on the upside , eventually ending the session at $17.51, with a gain of 0.63% or 0.11 points. The heightened volatility saw the trading volume jump to 1,36,16,654 shares. The 52-week high of the share price is $52.54 and the company has a market cap of $12,217 M . The 52-week low of the share price is at $13.91.

Twitter Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Twitter Inc is Reiterated by Morgan Stanley to Underweight while Lowering the Price Target of the company shares to $ 16 from a previous price target of $18 . The Rating was issued on Apr 7, 2016.Twitter Inc is Upgraded by Raymond James to Outperform and the brokerage firm has set the Price Target at $25. Earlier the firm had a rating of Mkt Perform on the company shares. The Rating was issued on Feb 23, 2016.Twitter Inc is Reiterated by MKM Partners to Neutral while Lowering the Price Target of the company shares to $ 18 from a previous price target of $29 . The Rating was issued on Feb 16, 2016.Twitter Inc is Reiterated by Argus to Buy while Lowering the Price Target of the company shares to $ 24 from a previous price target of $45 . The Rating was issued on Feb 12, 2016.Twitter Inc is Reiterated by FBN Securities to Outperform while Lowering the Price Target of the company shares to $ 25 from a previous price target of $45 . The Rating was issued on Feb 11, 2016.

Twitter Inc. (Twitter) is a global platform for public self-expression and conversation in real time. The Company offers products and services for users advertisers developers and platform and data partners. Products and services for users enables a way for people to create distribute and discover content which enables a user on Twitter to create a tweet and a user to follow other users. Products and services for advertisers consist of promoted products which enable its advertisers to promote their brands products and services and extend the conversation around their advertising message. Products for platform partners and developers provide a set of tools public application program interface (APIs) and embeddable widgets that developers use to contribute their content to its platform syndicate and distribute its content across their properties. Products for data partners offer subscription access to its public data feed.

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Twitter Inc - Is it time to Sell?

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