Addison Capital Co buys $2,125,480 stake in Twitter Inc (TWTR)

Twitter Inc (TWTR) : Addison Capital Co scooped up 282 additional shares in Twitter Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 11, 2016. The investment management firm now holds a total of 121,041 shares of Twitter Inc which is valued at $2,125,480.Twitter Inc makes up approximately 1.87% of Addison Capital Co’s portfolio.

Other Hedge Funds, Including , Kelman-lazarov sold out all of its stake in TWTR during the most recent quarter. The investment firm sold 600 shares of TWTR which is valued $10,536. Simplex Trading sold out all of its stake in TWTR during the most recent quarter. The investment firm sold 211,271 shares of TWTR which is valued $4,193,729. Nadler Financial Group added TWTR to its portfolio by purchasing 12,958 company shares during the most recent quarter which is valued at $257,216. Twitter Inc makes up approx 0.10% of Nadler Financial Group’s portfolio. First American Trust Fsb added TWTR to its portfolio by purchasing 86,102 company shares during the most recent quarter which is valued at $2,141,357. Twitter Inc makes up approx 0.67% of First American Trust Fsb’s portfolio. Franklin Street Advisors Inc Nc sold out all of its stake in TWTR during the most recent quarter. The investment firm sold 39,338 shares of TWTR which is valued $978,336.

Twitter Inc opened for trading at $18.18 and hit $18.2 on the upside on Tuesday, eventually ending the session at $18, with a gain of 2.51% or 0.44 points. The heightened volatility saw the trading volume jump to 4,91,56,851 shares. Company has a market cap of $12,739 M.

On the company’s financial health, Twitter Inc reported $0.15 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Apr 26, 2016. Analyst had a consensus of $0.10. The company had revenue of $595.00 million for the quarter, compared to analysts expectations of $607.55 million. The company’s revenue was up 36.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.07 EPS.

Many Wall Street Analysts have commented on Twitter Inc. Evercore ISI Upgraded Twitter Inc on Oct 11, 2016 to ” Hold”, Price Target of the shares are set at $17.Mizuho Downgraded Twitter Inc on Sep 28, 2016 to ” Underperform”, Price Target of the shares are set at $15.Twitter Inc was Downgraded by Loop Capital to ” Sell” on Sep 28, 2016.

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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