Coatue Management Llc Upped Position in Twitter Inc (NYSE:TWTR) by $310.75 Million as Price Rose

May 17, 2018 - By Maria Fierro

Twitter, Inc. (NYSE:TWTR) Corporate LogoBig Money Sentiment increased to 1.37 in Q4 2017. 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 took stakes and 138 increased stakes. Investors holded 356.28 million in 2017Q3 but now own 391.71 million shares or 9.95% more. Assetmark stated it has 0% of its capital in Twitter, Inc. (NYSE:TWTR). National Pension Service holds 0.09% or 756,760 shs. The California-based Grassi Invest has invested 0.2% in Twitter, Inc. (NYSE:TWTR). 34,639 are owned by Fdx. Citigroup Inc invested in 523,530 shs or 0.01% of the stock. Lourd Capital Limited Company owns 12,639 shs for 0.02% of their capital. Vantage Invest Advisors Limited Liability Corp has invested 0.01% in Twitter, Inc. (NYSE:TWTR). Of Vermont has 0% invested in Twitter, Inc. (NYSE:TWTR) for 1,010 shs. Legal & General Gp Plc stated it has 2.80 million shs or 0.05% of all its holdings. Oppenheimer Asset Mgmt has 48,098 shs for 0.02% of their capital. Livforsakringsbolaget Skandia Omsesidigt stated it has 0.02% in Twitter, Inc. (NYSE:TWTR). The Colorado-based Arrowmark Colorado Hldg Limited Liability Company has invested 0% in Twitter, Inc. (NYSE:TWTR). Cornerstone Cap Mgmt Hldg holds 0.03% or 176,535 shs. State Street Corp reported 11.83M shs or 0.02% of all its holdings. Weiss Multi reported 0.02% stake.

Coatue Management Llc increased its holdings by 44% in Twitter Inc (NYSE:TWTR), according to 2018Q1 SEC regulatory filling. 10.72 million shares were bought by Coatue Management Llc as Twitter Inc (NYSE:TWTR) stock rose 14.76% while stock markets declined. Coatue Management Llc is holding 35.07 million shares, compared to 24.35M last quarter. The announced value is $1.02B. $24.57 billion is the MC of Twitter Inc. Ticker’s shares touched $32.77 during the last trading session after 0.06% 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&P 500 by 75.71%.

Coatue Management Llc reduced its stake in Vmware Inc (NYSE:VMW) by 771,104 shares to 478,368 shares, valued at $58.01M in 2018Q1, according to the regulatory filling. It operates about $14.38B and $12.11B US longs. Coatue Management Llc cut its stake in Netflix Inc (NASDAQ:NFLX) and reduced Broadcom Ltd () position by 489,275 shares for a total of 3.25M 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 Monday, February 5 the firm has “Sell” rating given by RBC Capital Markets. On Thursday, February 8 the firm earned “Sell” rating by Mizuho. On Friday, February 9 the stock of Twitter, Inc. (NYSE:TWTR) earned “Hold” rating by Susquehanna. On Wednesday, April 25 the rating was maintained by Canaccord Genuity with “Hold”. On Friday, February 9 the stock has “Neutral” rating by Citigroup. On Wednesday, December 20 the rating was maintained by Argus Research with “Buy”. On Friday, February 9 the rating was maintained by Cowen & Co with “Sell”. On Wednesday, April 25 the stock of Twitter, Inc. (NYSE:TWTR) has “Market Perform” rating given by Raymond James. On Tuesday, January 2 the firm earned “Hold” rating by Canaccord Genuity. On Friday, January 26 the company was maintained by CFRA.

Twitter, Inc. operates as a global platform for public self-expression and conversation in real time.The firm is worth $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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