Twitter Inc (TWTR) Short Interest Up 20.2% in January

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Twitter Inc (NYSE:TWTR) was the target of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 28,881,946 shares, a growth of 20.2% from the January 15th total of 24,030,848 shares. Based on an average trading volume of 17,434,469 shares, the short-interest ratio is presently 1.7 days. Approximately 4.0% of the shares of the stock are sold short.

In related news, VP Matthew Derella sold 5,944 shares of the business’s stock in a transaction on Friday, January 4th. The stock was sold at an average price of $29.63, for a total transaction of $176,120.72. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Michael Montano sold 1,250 shares of the business’s stock in a transaction on Tuesday, November 20th. The stock was sold at an average price of $30.20, for a total value of $37,750.00. The disclosure for this sale can be found here. Insiders have sold a total of 6,417,501 shares of company stock worth $205,134,817 in the last 90 days. 6.62% of the stock is currently owned by corporate insiders.

Several large investors have recently made changes to their positions in the company. American International Group Inc. lifted its stake in shares of Twitter by 10.0% in the 4th quarter. American International Group Inc. now owns 287,615 shares of the social networking company’s stock valued at $8,266,000 after purchasing an additional 26,252 shares during the period. Geode Capital Management LLC lifted its stake in shares of Twitter by 6.7% in the 4th quarter. Geode Capital Management LLC now owns 9,133,563 shares of the social networking company’s stock valued at $262,033,000 after purchasing an additional 569,560 shares during the period. Captrust Financial Advisors lifted its stake in shares of Twitter by 21.0% in the 4th quarter. Captrust Financial Advisors now owns 2,879 shares of the social networking company’s stock valued at $83,000 after purchasing an additional 500 shares during the period. California State Teachers Retirement System lifted its stake in shares of Twitter by 3.2% in the 4th quarter. California State Teachers Retirement System now owns 1,166,871 shares of the social networking company’s stock valued at $33,536,000 after purchasing an additional 36,230 shares during the period. Finally, Brown Advisory Securities LLC lifted its stake in shares of Twitter by 40.3% in the 4th quarter. Brown Advisory Securities LLC now owns 37,448 shares of the social networking company’s stock valued at $1,078,000 after purchasing an additional 10,750 shares during the period. 64.38% of the stock is currently owned by institutional investors.

Shares of TWTR opened at $31.12 on Thursday. The stock has a market cap of $22.85 billion, a price-to-earnings ratio of 56.58, a P/E/G ratio of 5.01 and a beta of 0.43. The company has a debt-to-equity ratio of 0.26, a quick ratio of 4.61 and a current ratio of 4.69. Twitter has a 12 month low of $26.19 and a 12 month high of $47.79.

Twitter (NYSE:TWTR) last announced its quarterly earnings data on Thursday, February 7th. The social networking company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.16 by $0.15. The company had revenue of $908.84 million for the quarter, compared to the consensus estimate of $864.87 million. Twitter had a return on equity of 8.08% and a net margin of 39.63%. The firm’s revenue was up 24.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.19 EPS. On average, equities research analysts forecast that Twitter will post 0.52 EPS for the current year.

A number of equities research analysts recently weighed in on the company. Zacks Investment Research lowered Twitter from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 29th. Wedbush set a $37.00 price objective on Twitter and gave the stock a “hold” rating in a research report on Friday, February 8th. ValuEngine lowered Twitter from a “buy” rating to a “hold” rating in a research report on Friday, February 8th. Robert W. Baird reduced their price objective on Twitter to $33.00 and set a “neutral” rating on the stock in a research report on Friday, February 8th. Finally, Pivotal Research restated a “hold” rating and set a $28.00 price objective on shares of Twitter in a research report on Thursday, October 25th. Two analysts have rated the stock with a sell rating, twenty-one have given a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. Twitter presently has an average rating of “Hold” and a consensus target price of $35.33.

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About Twitter

Twitter, Inc operates as a platform for public self-expression and conversation in real time. The company offers various products and services, including Twitter that allows users to consume, create, distribute, and discover content; and Periscope, a mobile application that enables user to broadcast and watch video live with others.

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