Twitter, Inc. (TWTR) Files Form 4 Insider Selling : Adam Messinger Sells 100,382 Shares

Twitter, Inc. (TWTR): Adam Messinger , Chief Technology Officer of Twitter, Inc. sold 100,382 shares on May 2, 2016. The Insider selling transaction was reported by the company on May 3, 2016 to the Securities and Exchange Commission. The shares were sold at $14.31 per share for a total value of $1,436,165.25 , 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 22, 2016, Adam Messinger (Chief Technology Officer) sold 18,842 shares at $17.33 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.

Shares of Twitter Inc (TWTR) ended Monday, May 2, 2016 session in red amid volatile trading. The shares closed down -0.22 points or -1.50% at $14.4 with 2,61,29,215 shares getting traded. Post opening the session at $14.73, the shares hit an intraday low of $14.17 and an intraday high of $14.77 and the price vacillated in this range throughout the day. The company has a market cap of $10,047 M and the number of outstanding shares has been calculated to be 69,77,26,320 shares. The 52-week high of Twitter Inc is $38.96 and the 52-week low is $13.91.

Twitter Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Twitter Inc is Reiterated by Pivotal Research Group to Buy while Lowering the Price Target of the company shares to $ 27 from a previous price target of $39 . The Rating was issued on Apr 27, 2016.Twitter Inc is Downgraded by JP Morgan to Neutral while Lowering the Price Target of the company shares to $ 18 from a previous price target of $26 . Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Apr 27, 2016.Twitter Inc is Downgraded by BofA/Merrill to Underperform and the brokerage firm has set the Price Target at $15. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 27, 2016.Twitter Inc is Reiterated by RBC Capital Mkts to Sector Perform while Lowering the Price Target of the company shares to $ 20 from a previous price target of $23 . The Rating was issued on Apr 27, 2016.Twitter Inc is Reiterated by UBS to Buy while Lowering the Price Target of the company shares to $ 24 from a previous price target of $30 . The Rating was issued on Apr 27, 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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