Twitter Inc Draws Bullish Options Activity Today

In today’s session Twitter Inc (TWTR) registered an unusually high (1,419) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious TWTR increase. With 1,419 contracts traded and 209874 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: TWTR170120C00040000 closed last at: $0.24 or 25% down. The stock decreased 5.92% or $1.05 during the last trading session, hitting $16.61. Twitter Inc (NYSE:TWTR) has declined 41.68% since August 5, 2015 and is downtrending. It has underperformed by 36.71% the S&P500.

Analysts await Twitter Inc (NYSE:TWTR) to reports earnings on April, 26. They expect $-0.13 EPS, up 35.00% or $0.07 from last year’s $-0.2 per share. After $-0.07 actual EPS reported by Twitter Inc for the previous quarter, Wall Street now forecasts 85.71% negative EPS growth.

Out of 37 analysts covering Twitter (NYSE:TWTR), 14 rate it “Buy”, 4 “Sell”, while 27 “Hold”. This means 31% are positive. Twitter was the topic in 76 analyst reports since July 23, 2015 according to StockzIntelligence Inc. Raymond James upgraded the stock on February 23 to “Outperform” rating.

The institutional sentiment decreased to 1.07 in 2015 Q3. Its down 0.19, from 1.26 in 2015Q2. The ratio turned negative, as 102 funds sold all Twitter Inc shares owned while 129 reduced positions. 56 funds bought stakes while 191 increased positions. They now own 269.03 million shares or 10.40% less from 300.24 million shares in 2015Q2.

Institutional Venture Management Xii Llc holds 100% of its portfolio in Twitter Inc for 418,115 shares. Rizvi Traverse Management Llc owns 2.80 million shares or 100% of their US portfolio. Moreover, Ah Equity Partners Iii L.L.C. has 69.57% invested in the company for 1,202 shares. The California-based Kpcb Dgf Associates Llc has invested 28.35% in the stock. Bain Capital Venture Investors Llc, a Massachusetts-based fund reported 817,155 shares.

Twitter, Inc. is a global platform for public self-expression and conversation in real time. The company has a market cap of $11.17 billion. The Firm offers services and products for users, advertisers, developers and platform and data partners. It currently has negative earnings. 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.

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