A Director at Twitter Inc (NYSE: TWTR) is Buying Shares

Today, a Director at Twitter Inc (NYSE: TWTR), Peter Currie, bought shares of TWTR for $248.7k.

Currie increased his holding by 63.97%. In addition to Currie, 12 other TWTR executives reported Buy trades in the last month.

Based on Twitter`s latest earnings report from March 31, the company posted quarterly revenue of $435.9M and GAAP net loss of $162.4M. In comparison, last year the company earned revenue of $312.2M and had a GAAP net loss of $144.6M. The company has a one year high of $55.99 and a one year low of $26.87. Currently, Twitter has an average volume of 180.7k.

Based on 26 analyst ratings, the analyst consensus is Hold with an average price target of $49.29, reflecting a -45.1% downside. 30 different firms, including Argus Research and Atlantic Equities, currently also have a Buy rating on the stock.

Looking at blogger coverage of TWTR, there is a 64% Bullish tendency on the stock, in relation to a 67% average bullish tendency within the Technology sector.

Over the last 3 months, the insider sentiment on Twitter has been neutral based on 161 corporate insider transactions. This sentiment is higher than the average sector sentiment of insiders.

Twitter Inc is a platform for public self-expression and conversation in real time. It provides a way for people to stay informed about their interests, discover what is happening in their world and interact directly.