Bearish Options Activity on Twitter Inc After Worse Fundamentals

 Bearish Options Activity on Twitter Inc After Worse Fundamentals

In today’s session Twitter Inc (TWTR) recorded an unusually high (357) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious TWTR decrease. With 357 contracts traded and 71934 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: TWTR170120P00019000 closed last at: $2.56 or 3.6% up. About 13.42M shares traded hands. Twitter Inc (NYSE:TWTR) has risen 5.69% since April 5, 2016 and is uptrending. It has outperformed by 3.73% the S&P500.

Twitter Inc (NYSE:TWTR) Ratings Coverage

Out of 43 analysts covering Twitter (NYSE:TWTR), 9 rate it a “Buy”, 10 “Sell”, while 24 “Hold”. This means 21% are positive. $56 is the highest target while $13 is the lowest. The $20.56 average target is 10.42% above today’s ($18.62) stock price. Twitter has been the topic of 119 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The firm has “Hold” rating by Canaccord Genuity given on Wednesday, July 27. The firm has “Neutral” rating by SunTrust given on Monday, July 11. The firm has “Sell” rating by Evercore given on Thursday, August 18. The company was maintained on Thursday, February 11 by Barclays Capital. The firm earned “Buy” rating on Wednesday, January 20 by Axiom Capital. RBC Capital Markets maintained the stock with “Sector Perform” rating in Wednesday, July 27 report. The firm has “Sector Perform” rating by RBC Capital Markets given on Wednesday, July 29. The stock of Twitter Inc (NYSE:TWTR) has “Underperform” rating given on Wednesday, April 27 by CLSA. The stock has “Underperform” rating given by RBC Capital Markets on Friday, September 23. Topeka Capital Markets upgraded the stock to “Buy” rating in Monday, October 5 report.

According to Zacks Investment Research, “Twitter is a public, real-time, global platform where any user can create a Tweet and any user can follow other users. The platform is unique in its simplicity: Tweets are limited to 140 characters of text. This constraint makes it easy for anyone to quickly create, distribute and discover content that is consistent across our platform and optimized for mobile devices. As a result, Tweets drive a high velocity of information exchange that makes Twitter uniquely live.”

Insitutional Activity: The institutional sentiment increased to 1.37 in 2016 Q2. Its up 0.19, from 1.18 in 2016Q1. The ratio improved, as 56 funds sold all Twitter Inc shares owned while 115 reduced positions. 60 funds bought stakes while 175 increased positions. They now own 288.28 million shares or 2.13% less from 294.57 million shares in 2016Q1.
The Illinois-based Blair William Il has invested 0.02% in Twitter Inc (NYSE:TWTR). Polar Llp holds 1.08M shares or 0.34% of its portfolio. Moreover, Jacobs & Ca has 0.3% invested in Twitter Inc (NYSE:TWTR) for 75,961 shares. Bnp Paribas Inv Prtnrs holds 0.02% or 126,311 shares in its portfolio. Great West Life Assurance Can holds 0.01% of its portfolio in Twitter Inc (NYSE:TWTR) for 236,919 shares. Shell Asset Communications holds 0.02% or 39,030 shares in its portfolio. Tocqueville Asset Mngmt Lp reported 103,150 shares or 0.02% of all its holdings. Swiss Savings Bank accumulated 1.56M shares or 0.04% of the stock. Glenmede Trust Com Na owns 1,130 shares or 0% of their US portfolio. Pension has 472,883 shares for 0.07% of their US portfolio. Winslow Evans Crocker holds 2,390 shares or 0% of its portfolio. California Public Employees Retirement Systems owns 949,400 shares or 0.03% of their US portfolio. Wellcome Trust Ltd (The) As Trustee Of The Wellcome Trust accumulated 7.15M shares or 2.75% of the stock. Hap Trading Ltd has 128,495 shares for 0.13% of their US portfolio. Eaton Vance Management last reported 1.84 million shares in the company.

Twitter, Inc. offers products and services for users, advertisers, developers and platform and data partners. The company has a market cap of $12.93 billion. The Company’s service is live-live commentary, live connections, live conversations. It currently has negative earnings. The Company’s services and products for users include Twitter, and Periscope and Vine.

TWTR Company Profile

Twitter, Inc. (Twitter), incorporated on April 19, 2007, offers services and products for users, advertisers, developers and platform and data partners. The Company’s service is live-live commentary, live connections, live conversations.

More notable recent Twitter Inc (NYSE:TWTR) news were published by: Valuewalk.com which released: “Can Twitter Inc (TWTR) Find Its True Calling?” on November 06, 2016, also Profitconfidential.com with their article: “Twitter Inc: Here’s Why Twitter Stock Could Surge in 2017” published on October 28, 2016, Fool.com published: “How Twitter Inc. Was Eclipsed By Its Chinese Clone” on October 27, 2016. More interesting news about Twitter Inc (NYSE:TWTR) were released by: Profitconfidential.com and their article: “Twitter Inc: TWTR Stock Sank 6% on Friday…This Is Good News” published on October 17, 2016 as well as Fool.com‘s news article titled: “Twitter, Inc. Earnings Highlight a Nice Uptick in Active Users” with publication date: October 27, 2016.

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