Twitter (NYSE:TWTR) has climbed 14.84% in the past week and advanced 11.57% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 16.21% and the outperformance has advanced to 10.56% for the last 4 weeks period.
Twitter (NYSE:TWTR): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $16.16 and $15.96 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.37. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.10, notching a gain of 1.45% for the day. The total traded volume was 32,254,067 . The stock had closed at $15.87 on the previous day.
The company shares have dropped -54.71% from its 1 Year high price. On Jul 14, 2015, the shares registered one year high at $38.82 and the one year low was seen on May 24, 2016. The 50-Day Moving Average price is $14.68 and the 200 Day Moving Average price is recorded at $17.73.
On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Chief Accounting Officer) of Twitter, Inc., Kaiden Robert had sold 20,231 shares worth of $309,939 in a transaction dated June 6, 2016. In this transaction, 20,231 shares were sold at $15.32 per share.
Many analysts have stated their opinion on the company shares. MoffettNathanson downgrades its view on Twitter (NYSE:TWTR) according to the research report released by the firm to its investors. The shares have now been rated Sell by the stock experts at the ratings house. Earlier, the shares had a rating of Neutral. The rating by the firm was issued on May 24, 2016. Currently the company Insiders own 10.79% of Twitter shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -8.81% . Institutional Investors own 42.68% of Twitter shares. During last six month period, the net percent change held by insiders has seen a change of -4.81%.
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.