A Director at Twitter (TWTR) is Buying Shares


Yesterday, a Director at Twitter (TWTR), David Rosenblatt, bought shares of TWTR for $148.2K.

Following this transaction David Rosenblatt’s holding in the company was increased by 84.93% to a total of $3.51 million.

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Based on Twitter’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.01 billion and quarterly net profit of $119 million. In comparison, last year the company earned revenue of $909 million and had a net profit of $255 million. The company has a one-year high of $45.86 and a one-year low of $28.63. TWTR’s market cap is $28.56B and the company has a P/E ratio of 19.70.

TWTR is a controversial stock, with 7 analysts recommending Buy, while 4 recommends selling the stock. Seven different firms, including Merrill Lynch and FBN Securities, currently also have a Buy rating on the stock.

In the last 30 days, insiders have sold $2.93M worth of TWTR shares and purchased $148.2K worth of TWTR shares.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Twitter, Inc. is a global platform for public self-expression and conversation in real time. It provides a network that connects users to people, information, ideas, opinions, and news. The company’s services include live commentary, live connections and live conversations.

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