Could Twitter, Inc. (TWTR) See a Reversal After This Very Strong Session?

April 17, 2018 - By Kurt Siggers

Twitter, Inc. (NYSE:TWTR) Logo

Investors sentiment increased to 1.37 in 2017 Q4. Its up 0.09, from 1.28 in 2017Q3. It is positive, as 48 investors sold Twitter, Inc. shares while 116 reduced holdings. 86 funds opened positions while 138 raised stakes. 391.71 million shares or 9.95% more from 356.28 million shares in 2017Q3 were reported.
Qci Asset Management Inc New York reported 56 shares stake. Greenwood Cap Associates Limited Co invested in 0.11% or 20,456 shares. Philadelphia Tru reported 0.16% of its portfolio in Twitter, Inc. (NYSE:TWTR). Cwm Limited Liability Corp holds 92,587 shares or 0.1% of its portfolio. Acg Wealth owns 8,393 shares for 0.03% of their portfolio. Firsthand Cap Mgmt reported 1.41% of its portfolio in Twitter, Inc. (NYSE:TWTR). Atwood & Palmer stated it has 500 shares or 0% of all its holdings. Marathon Trading Investment Management Lc owns 132,468 shares. Qcm Cayman Limited has invested 1.89% in Twitter, Inc. (NYSE:TWTR). Gam Ag has 0.08% invested in Twitter, Inc. (NYSE:TWTR) for 103,922 shares. Twin Tree Ltd Partnership reported 447,852 shares. Oppenheimer Asset Mgmt owns 48,098 shares. Evergreen Capital Mgmt Ltd Limited Liability Company reported 0.04% stake. Comerica Bancorp holds 0% of its portfolio in Twitter, Inc. (NYSE:TWTR) for 28,485 shares. Vanguard Incorporated stated it has 53.64M shares.

The stock of Twitter, Inc. (NYSE:TWTR) is a huge mover today! The stock increased 11.64% or $3.3276 during the last trading session, reaching $31.9076. About 40.30 million shares traded or 22.69% up from the average. Twitter, Inc. (NYSE:TWTR) has risen 87.26% since April 17, 2017 and is uptrending. It has outperformed by 75.71% the S&P500.
The move comes after 5 months positive chart setup for the $23.93 billion company. It was reported on Apr, 17 by Barchart.com. We have $33.18 PT which if reached, will make NYSE:TWTR worth $957.08M more.

Analysts await Twitter, Inc. (NYSE:TWTR) to report earnings on April, 25. They expect $0.01 EPS, up 120.00 % or $0.06 from last year’s $-0.05 per share. TWTR’s profit will be $7.50M for 797.69 P/E if the $0.01 EPS becomes a reality. After $0.10 actual EPS reported by Twitter, Inc. for the previous quarter, Wall Street now forecasts -90.00 % negative EPS growth.

Twitter, Inc. (NYSE:TWTR) Ratings Coverage

Among 27 analysts covering Twitter (NYSE:TWTR), 6 have Buy rating, 6 Sell and 15 Hold. Therefore 22% are positive. Twitter had 48 analyst reports since October 19, 2017 according to SRatingsIntel. The rating was maintained by J.P. Morgan with “Buy” on Tuesday, January 23. The rating was maintained by SunTrust on Thursday, February 8 with “Hold”. As per Friday, October 27, the company rating was maintained by Wells Fargo. The firm has “Hold” rating given on Wednesday, February 7 by Canaccord Genuity. The firm has “Underweight” rating given on Friday, October 27 by Barclays Capital. The rating was maintained by Stifel Nicolaus with “Hold” on Thursday, February 8. Pivotal Research downgraded Twitter, Inc. (NYSE:TWTR) on Thursday, February 8 to “Sell” rating. The rating was upgraded by Morgan Stanley on Tuesday, April 17 to “Equal-Weight”. Argus Research maintained Twitter, Inc. (NYSE:TWTR) rating on Wednesday, December 20. Argus Research has “Buy” rating and $30 target. On Thursday, October 19 the stock rating was maintained by Canaccord Genuity with “Hold”.

Twitter, Inc. operates as a global platform for public self-expression and conversation in real time. The company has market cap of $23.93 billion. The firm offers various services and products, including Twitter that allows users to create, distribute, and discover content; and Periscope, a mobile application that enables user to broadcast and watch video live with others. It currently has negative earnings. It also provides promoted services and products, such as promoted tweets, promoted accounts, and promoted trends, which enable its advertisers to promote their brands, products, and services.

Twitter, Inc. (NYSE:TWTR) Institutional Positions Chart

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