Jack Dorsey Just Bought A Chunk of Twitter (TWTR) Stock

Written by Ophir Gottlieb

PREFACE

Twitter Inc (NYSE:TWTR) CEO, Jack Dorsey, just bought a chunk of Twitter stock and then tweeted it.

STORY

On a rather calm Valentine's day afternoon, Jack Dorsey sent out this tweet:

And that tweet led to a SEC filing where it shows Jack buying over 425,000 shares of Twitter Inc stock in the last two days. Here is the SEC filing:

The 'A' means acquired and we see two chunks of stock, one for 63,007 shares for $15.8715 and another 362,991 shares for $16.5294 shares.

Twitter Inc (NYSE:TWTR) stock took a bath after earnings last week, but one very important stakeholder has just bought on the weakness.

The author is long shares of Twitter Inc in a family trust at the time of this writing.

WHY THIS MATTERS

If this kind of research on Twitter or other companies interests you then what we offer may be up your alley: Our research sits side-by-side with Goldman Sachs, Morgan Stanley, Barclays, JP Morgan, and the rest on professional terminals as a part of the famed Thomson First Call group. We do this research several times a week and we also have a list of spotlight companies.

Each company in our 'Top Picks' portfolio is the winner in an exploding thematic shift like self-driving cars, mobile data and connectivity, health care tech, artificial intelligence, Internet of Things, drones, biotech and more. For a limited time we are offering CML Pro for $19/mo. with a lifetime guaranteed rate. Get the most advanced premium research along with access to visual tools and data that until now has only been made available to the top 1%.