Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Why Traders Are Paying Attention to Twitter Inc (TWTR) Today?

Page 1 of 2

Twitter Inc (NYSE:TWTR) shares are trending today after the company announced that it won’t count against the 140 character limit usernames, photos, or video attachments for replies. Moreover, new tweets beginning with a username will be seen by the public rather than just the person the tweet is addressed to. Twitter Inc (NYSE:TWTR) management is under heavy pressure to reignite growth and to successfully monetize its massive user base. Shares of the stock are near all time lows and have retreated almost 40% year-to-date while shares of Facebook Inc (NASDAQ:FB) are near all time highs and have rallied 12% year-to-date. Hopefully the new rule changes can help the company reignite growth and help Twitter regain some popularity among smart money investors.

Follow Twitter Inc. (NYSE:TWTR)
Trade (NYSE:TWTR) Now!

Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of September. At Insider Monkey, we follow over 750 of the best-performing investors and by analyzing their 13F filings, we can determine the stocks that they are collectively bullish on. One of their picks is Twitter Inc (NYSE:TWTR), so let’s take a closer look at the sentiment that surrounds it in the current quarter.

Twitter Inc (NYSE:TWTR) investors should be aware of a decrease in enthusiasm from smart money of late. At the end of this article we will also compare TWTR to other stocks including Coca-Cola Enterprises Inc (NYSE:CCE), Principal Financial Group Inc (NYSE:PFG), and Mattel, Inc. (NASDAQ:MAT) to get a better sense of its popularity.

Follow Twitter Inc. (NYSE:TWTR)
Trade (NYSE:TWTR) Now!

Today there are several formulas market participants can use to analyze their holdings. A duo of the most innovative formulas are hedge fund and insider trading activity. We have shown that, historically, those who follow the top picks of the top fund managers can outperform the market by a significant margin (see the details here).

Now, let’s take a peek at the recent action surrounding Twitter Inc (NYSE:TWTR).

At the end of the first quarter, a total of 27 of the hedge funds tracked by Insider Monkey held long positions in this stock, a change of -10% from the fourth quarter of 2015. With the smart money’s positions undergoing their usual ebb and flow, there exists a select group of notable hedge fund managers who were increasing their holdings significantly (or already accumulated large positions).

Of the funds tracked by Insider Monkey, Rob Citrone’s Discovery Capital Management has the number one position in Twitter Inc (NYSE:TWTR), worth close to $108.5 million, comprising 1.6% of its total 13F portfolio. Coming in second is David E. Shaw’s D E Shaw holding a $99.3 million position; 0.2% of its 13F portfolio is allocated to the stock. Remaining hedge funds and institutional investors that are bullish consist of Rob Citrone’s Discovery Capital Management, and Dmitry Balyasny’s Balyasny Asset Management.

On the next page, we are going to take a closer look at some of the funds that unloaded their entire stakes in Twitter heading into the second quarter.

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...
X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!