Share

Twitter Inc 44.7% Potential Upside has been indicated by Argus

Twitter, Inc. (NYSE:TWTR) rose 0.74% or 0.23 points on Thursday and made its way into the gainers of the day. This insider trade, was performed on July 31, 2015.

Advertisement

Has TWTR Found The Bottom and Ready To Move Up?

Many wonder what led Mr. Kevin to making such a bold trade. The broker however, lowered its price target on the stock to $40 from $44 despite the co. beating estimates and guiding Q3/15 revenue in-line with estimates. Analysts expected EPS of $0.04. Look at the chart below.

AT&T Inc. (NYSE:T) has finally closed its $48.5 billion purchase of DirecTV, the big question is how will the carrier leverage its prize satellite TV asset? Such a steady down-trend usually continues. Stocks that are given a high growth score tend to have the characteristics resulting in market outperformance. Twitter’s quarterly revenue was up 60.8% on a year-over-year basis. The management told the investors that Twitter Inc.

According to SEC’s 13F filings, 21 institutional managers are long big the stock as its in their Top 10 stock positions. Yelp Inc. (NYSE:YELP) shares decreased -25.22% in last trading session and ended the day at $25.06. Around 1% of the company’s shares, which are float, are short sold. In June 2014, Twitter Inc acquired Namo Media Inc. It could also open up new opportunities for advertisers. Twitter Inc are listed in the Technology sector within NYSE. It is a real-time platform, where any user can create a Tweet and any user can 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. In addition, it offers a set of tools, public APIs, and embeddable widgets that developers can use to contribute their content to its platform; syndicate and distribute Twitter content across their properties; and enhance their Websites and applications with Twitter content. Products for data partners offer subscription access to its public data feed.

However, Robert W. Baird analyst Colin Sebastian said Twitter investors and management should not get their hopes up. The firm has 3638 employees. Revenues were also robust, increasing 61% year over year to $502 million and surpassing the Zacks Consensus Estimate of $488 million. It is up from the 30 days average shares volume of 3310020. Twitter has a 1-year low of $30.85 and a-1-year high of $55.99.

Citizens Financial Group Inc (NYSE:CFG) posted that The Royal Bank of Scotland Group plc (“RBS”), through a subsidiary, has agreed to sell 86 million shares, or 16%, of CFG’s issued and outstanding ordinary stock at a price to the public of $26.00 per share (the “Offering”). The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Advertisement

Of the reported shares 813 – 900 shares are represented by RSUs. The stock was sold at an average price of $36.11, for a total value of $13,432,920.00.

Twitter releases second quarter 2015 earnings