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

May 17, 2018 - By Elizabeth Bryant

Twitter, Inc. (NYSE:TWTR) Corporate LogoBig Money Sentiment increased to 1.37 in 2017 Q4. It has change of 0.09, from 2017Q3’s 1.28. The ratio is positive due to TWTR positioning: 48 sold and 116 reduced. 86 funds amassed positions and 138 increased positions. Investors holded 356.28 million in 2017Q3 but now own 391.71 million shares or 9.95% more. Highbridge Cap Limited Com has invested 0.03% in Twitter, Inc. (NYSE:TWTR). Ibm Retirement Fund invested in 0.04% or 9,919 shs. 161,239 were accumulated by Envestnet Asset Management. Aviva Public Limited Company invested in 370,873 shs. Panagora Asset reported 137,887 shs or 0.01% of all its holdings. Stone Ridge Asset Mngmt Ltd invested 0.07% of its capital in Twitter, Inc. (NYSE:TWTR). Bancorporation Of Mellon Corp holds 0.02% or 2.62M shs. Joel Isaacson & Limited Liability Corp reported 46,151 shs stake. Amer Inc reported 14,119 shs or 0% of all its holdings. Two Sigma Secs Ltd Limited Liability Company accumulated 39,864 shs. Great West Life Assurance Can owns 340,698 shs. Teacher Retirement Of Texas has 171,971 shs. Fdx Advisors stated it has 34,639 shs or 0.02% of all its holdings. Slate Path Cap Lp holds 16.65% of its capital in Twitter, Inc. (NYSE:TWTR) for 7.05 million shs. Ruffer Llp stated it has 0.01% in Twitter, Inc. (NYSE:TWTR).

In Twitter Inc (NYSE:TWTR) was increased the stake held by Coatue Management Llc. The increase is 44% according to 2018Q1 Securities and Exchange filling. 10.72 million shares were bought by Coatue Management Llc as Twitter Inc (NYSE:TWTR) stock rose 14.76% while stock markets declined. In 2018Q1, Coatue Management Llc held 35.07M shares of Twitter Inc (NYSE:TWTR), priced at $1.02B, up from 24.35M last quarter. $24.57 billion is the Twitter Inc’s MC. Ticker’s shares touched $32.77 during the last trading session after 0.06% change.Currently Twitter, Inc. is uptrending after 87.26% change in last May 17, 2017. TWTR has 10.86 million shares volume. TWTR outperformed the S&P500 by 75.71%.

Coatue Management Llc manages about $14.38 billion and $12.11B US longs. According to a filing the fund reduced its stake in Vmware Inc (NYSE:VMW) by 771,104 shares to 478,368 shares, valued at $58.01 million in 2018Q1. Coatue Management Llc cut its stake in Alibaba Group Hldg Ltd (NYSE:BABA) and reduced Snap Inc () position by 7.03 million shares for a total of 20.36M 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

In total 28 analysts cover Twitter (NYSE:TWTR). “Buy” rating has 9, “Sell” are 5, while 14 are “Hold”. (NYSE:TWTR) has 32% bullish analysts. 43 are the (NYSE:TWTR)’s ratings reports on 17 May 2018 according to StockzIntelligence Inc. On Thursday, April 26 the firm has “Buy” rating by Macquarie Research given. On Wednesday, April 25 the company was maintained by RBC Capital Markets. On Wednesday, April 25 the stock of Twitter, Inc. (NYSE:TWTR) earned “Market Perform” rating by Raymond James. On Wednesday, April 25 the firm earned “Hold” rating by Canaccord Genuity. On Wednesday, December 20 the stock of Twitter, Inc. (NYSE:TWTR) earned “Buy” rating by Argus Research. On Thursday, April 26 the firm earned “Overweight” rating by JP Morgan. The company rating was maintained by Canaccord Genuity on Tuesday, January 2. On Friday, April 20 the rating was upgraded by Maxim Group to “Buy”. On Friday, February 9 the stock of Twitter, Inc. (NYSE:TWTR) earned “Hold” rating by Jefferies. On Monday, December 18 JP Morgan upgraded the shares of TWTR in report to “Overweight” 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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