Shares of Twitter (NYSE:TWTR) Sees Large Outflow of Money

Twitter (NYSE:TWTR) : The total money flow in Twitter (NYSE:TWTR) was negative ($6.5 million), which signals selling by the traders on Wednesdays session. They trimmed their holdings by selling the stock on downticks to the tune of $59.27 million. In comparison, the inflow of money into the stock on upticks was $52.77 million. The uptick to downtick ratio was 0.89. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $9.41 million. The value of transactions on uptick was $9.78 million. The negative money flow of ($0.38 million) confirms the selling in Twitter (NYSE:TWTR) on strength. The uptick to downtick ratio of block trades was 1.04. Twitter (NYSE:TWTR) gained $0.41 at $16.83, a gain of 2.5% over the previous days close. However, the stock registered 2.37% in the week.


In an insider trading activity, Kaiden Robert, officer (Chief Accounting Officer) of Twitter, Inc., unloaded 20,231 shares at an average price of $15.32 on June 6, 2016. The total amount of the transaction was worth $309,939, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing. 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 -7.63% . Institutional Investors own 42.69% of Twitter shares. During last six month period, the net percent change held by insiders has seen a change of -3.9%.

The company shares have dropped -53.62% 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 $15.08 and the 200 Day Moving Average price is recorded at $17.17. Twitter (NYSE:TWTR): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $16.60 and $16.43 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $17.01. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.83, notching a gain of 2.50% for the day. The total traded volume was 18,235,982 . The stock had closed at $16.42 on the previous day.

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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