Large Outflow of Money Witnessed in Twitter

Twitter (TWTR) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (4.85 million) in Twitter (TWTR). On Friday, The value of composite uptick trades was $81.1 million, whereas, the value of composite downtick trades was $85.95 million and the ratio between the two was 0.94, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $14.6 million. $11.89 million was the block trade value on upticks. The ratio between the two was clearly in favor of the bears at 0.81. The negative money flow of ($2.71 million) shows selling on strength. Twitter (TWTR) gained $0.04 intraday at $19.54 and registrered 0.21% for the week.


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 -4.17% . Institutional Investors own 41.97% of Twitter shares. During last six month period, the net percent change held by insiders has seen a change of -12.56%.

In a related news,The officer (Chief Accounting Officer) of Twitter, Inc., Kaiden Robert sold 3,896 shares at $19.77 on September 1, 2016. The Insider selling transaction had a total value worth of $77,024. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Twitter (NYSE:TWTR): The stock opened at $19.62 and touched an intraday high of $19.87 on Friday. During the day, the stock corrected to an intraday low of $19.35, however, the bulls stepped in and pushed the price higher to close in the green at $19.55 with a gain of 0.26% for the day. The total traded volume for the day was 19,891,612. The stock had closed at $19.5 in the previous trading session.

Twitter (TWTR) : Traders are bullish on Twitter (TWTR) as it has outperformed the S&P 500 by a wide margin of 7.21% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 6.29%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 6.83% in the last 1 week, and is up 7.06% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

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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