Twitter Inc (NYSE:TWTR) Price Rose While Coatue Management Llc Upped Its Position

May 17, 2018 - By Stephany Jackson

Twitter, Inc. (NYSE:TWTR) Corporate LogoDuring 2017 Q4 the big money sentiment increased to 1.37. That’s change of 0.09, from 2017Q3’s 1.28. 48 investors sold all, 116 reduced holdings as TWTR ratio is positive. 138 increased stakes while 86 funds took stakes. Funds hold 391.71 million shares thus 9.95% more from 2017Q3’s 356.28 million shares. Melvin Capital Mgmt L P invested in 3.50M shs. 44 were accumulated by Moneta Group Invest Advsrs Ltd Liability Company. Westpac Banking has invested 0.24% in Twitter, Inc. (NYSE:TWTR). Zeke Cap Advsrs reported 15,126 shs or 0.04% of all its holdings. Tiaa Cref Investment Management Llc holds 0.05% in Twitter, Inc. (NYSE:TWTR) or 2.93M shs. Exchange Cap Mgmt invested 0% in Twitter, Inc. (NYSE:TWTR). Peak6 Limited Partnership has invested 0.09% in Twitter, Inc. (NYSE:TWTR). Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0.03% invested in Twitter, Inc. (NYSE:TWTR) for 123,675 shs. Bedell Frazier Counseling Limited Liability has invested 3.61% in Twitter, Inc. (NYSE:TWTR). Gulf Retail Bank (Uk) Limited holds 198,987 shs. Arrow Financial Corporation reported 30,050 shs stake. Qci Asset Mgmt Incorporated has invested 0% in Twitter, Inc. (NYSE:TWTR). Robeco Institutional Asset Mngmt Bv has 55,743 shs for 0.01% of their capital. Ahl Ptnrs Ltd Liability Partnership owns 0.03% invested in Twitter, Inc. (NYSE:TWTR) for 83,120 shs. Lourd Capital Lc reported 12,639 shs or 0.02% of all its holdings.

Coatue Management Llc’s holdings in Twitter Inc (NYSE:TWTR) was increased by 44% based on its latest 2018Q1 regulatory report with the SEC. Twitter Inc (NYSE:TWTR) rose 14.76% while stock markets declined as Coatue Management Llc bought 10.72 million shares. It held 35.07 million shares of Twitter Inc (NYSE:TWTR) at the end of 2018Q1, valued at $1.02 billion, up from 24.35 million last quarter. $24.57 billion is the MC of Twitter Inc. TWTR hit $32.77 during the last trading session after $0.02 change.Twitter, Inc. has volume of 10.86 million shares. Since May 17, 2017 TWTR has risen 87.26% and is uptrending. TWTR outperformed the S&P500 by 75.71%.

The Coatue Management Llc’s stake in Snap Inc () was decreased by 7.03M shares to 20.36 million shares valued at $323.10M in 2018Q1, according to the regulatory report. It operates about $14.38B and $12.11 billion US longs. Coatue Management Llc cut its stake in Vmware Inc (NYSE:VMW) and reduced Apple Inc (NASDAQ:AAPL) position by 2.44M shares for a total of 1.87 million shares.

Philippe Laffont graduated with his M.S. in Computer Science from MIT in 1989. Laffont worked with Julian Robertson’s Tiger Management before founding Coatue Management in 1999. Coatue is a tech-focused hedge fund specializing in long/short equity. Coatue Management Llc is a New York-based hedge fund that was founded by Philippe Laffont. It had more than $14.38 billion assets under management in June, 2014. Taken from Coatue Management latest Adv, the fund reported to have 73 full and part-time employees. Among which 27 performing investment advisory and research functions. The hedge fund had between 11-25 clients.

Twitter, Inc. (NYSE:TWTR) Ratings Coverage

A total of 28 analysts rate Twitter (NYSE:TWTR) as follows: 9 “Buy”, 14 “Hold” and 5 “Sell”. Тherefore 32% are bullish. (NYSE:TWTR) has 43 ratings reports on 17 May 2018 according to StockzIntelligence. On Thursday, April 26 the firm has “Overweight” rating given by JP Morgan. On Thursday, January 4 the firm has “Sell” rating by Cowen & Co given. The stock rating was upgraded by RBC Capital Markets to “Sector Perform” on Friday, February 9. The stock rating was maintained by Robert W. Baird with “Hold” on Thursday, February 8. On Wednesday, April 25 the firm has “Hold” rating given by RBC Capital Markets. On Friday, February 9 the rating was maintained by Bank of America with “Underperform”. On Wednesday, December 20 the stock of Twitter, Inc. (NYSE:TWTR) earned “Buy” rating by Argus Research. On Tuesday, January 23 the stock has “Buy” rating by J.P. Morgan. On Thursday, April 26 the firm has “Hold” rating given by Stifel Nicolaus. In Thursday, February 8 report Aegis Capital maintained the stock with “Buy” rating.

Twitter, Inc. operates as a global platform for public self-expression and conversation in real time.The firm is valued at $24.57 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.Currently it 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 Investors Chart

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