By $310.75 Million Coatue Management Llc Upped its Position in Twitter Inc (NYSE:TWTR)

May 17, 2018 - By Elizabeth Jones

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 increased due to TWTR positioning: 48 sold and 116 reduced. 86 funds acquired stakes and 138 increased stakes. Investors holded 356.28 million in 2017Q3 but now own 391.71 million shares or 9.95% more. Soros Fund Ltd Liability Com holds 34,100 shs or 0.02% of its capital. Strs Ohio invested in 58,725 shs or 0.01% of the stock. Scotia Cap Inc invested in 0% or 9,290 shs. Contravisory Invest Management stated it has 224 shs. Hamilton Lane Advisors Ltd Liability Company stated it has 24,414 shs. Glenmede Trust Com Na invested 0% of its capital in Twitter, Inc. (NYSE:TWTR). 15,776 are owned by Institute For Wealth Ltd Liability Co. Balyasny Asset Limited Co has 0% invested in Twitter, Inc. (NYSE:TWTR) for 63,571 shs. Nelson Roberts Invest Advsr stated it has 0% in Twitter, Inc. (NYSE:TWTR). Hudson Bay Capital Management Lp owns 75,886 shs. Douglass Winthrop Advsr Limited Liability Com reported 0.02% in Twitter, Inc. (NYSE:TWTR). Integral Derivatives Lc holds 0.01% in Twitter, Inc. (NYSE:TWTR) or 13,920 shs. Cambridge Investment Research reported 0.03% of its capital in Twitter, Inc. (NYSE:TWTR). Lazard Asset Mngmt Ltd Liability Company holds 0% or 154 shs. Etrade Cap Management Llc owns 30,691 shs or 0.02% of their US capital.

Coatue Management Llc’s stake in Twitter Inc (NYSE:TWTR) was upped by 44% based on its latest 2018Q1 report with the SEC. 10.72M shares were bought by Coatue Management Llc as Twitter Inc (NYSE:TWTR) stock rose 14.76% while stock markets declined. It held 35.07M shares of Twitter Inc (NYSE:TWTR) at the end of 2018Q1, valued at $1.02 billion, up from 24.35 million last quarter. $24.57 billion is the market cap of Twitter Inc. TWTR hit $32.77 during the last trading session after $0.02 change.Twitter, Inc. has volume of 10.86 million shares. Since May 17, 2017 TWTR has risen 87.26% and is uptrending. TWTR outperformed by 75.71% the S&P500.

Coatue Management Llc manages about $14.38B and $12.11 billion US longs. It decreased its stake in Nvidia Corp (NASDAQ:NVDA) by 2.69 million shares to 1.41M shares, valued at $325.47 million in 2018Q1, according to the report. Coatue Management Llc cut its stake in Apple Inc (NASDAQ:AAPL) and reduced Paypal Hldgs Inc () position by 1.07M shares for a total of 4.09 million 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”. 32% are bullish. 43 are the (NYSE:TWTR)’s analyst reports since December 6, 2017 according to StockzIntelligence Inc. The company rating was maintained by GBH Insights on Tuesday, February 6. In Wednesday, December 20 report Argus Research maintained the stock with “Buy” rating. The company rating was maintained by Susquehanna on Friday, February 9. On Monday, April 16 the company was maintained by BMO Capital Markets. On Friday, January 26 the firm has “Sell” rating by CFRA given. On Thursday, February 8 the stock of Twitter, Inc. (NYSE:TWTR) has “Sell” rating given by Mizuho. The company rating was maintained by Canaccord Genuity on Wednesday, April 25. On Thursday, April 26 the rating was upgraded by Macquarie Research to “Buy”. On Tuesday, January 16 Aegis Capital upgraded the shares of TWTR in report to “Buy” rating. On Wednesday, April 25 Jefferies maintained Twitter, Inc. (NYSE:TWTR) rating. Jefferies has “Hold” rating and $3300 target.

Twitter, Inc. operates as a global platform for public self-expression and conversation in real time.The company has $24.57 billion market cap. 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.Last it reported 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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