Looking forward to knowing about Twitter’s top 5 shareholders? All of the people on this list have made a killing off of Twitter and show no signs of slowing down. Moreover, with Twitter’s stock on the rise, these shareholders are set to make even more money in the future.
Twitter has been in the news a lot lately, and there’s no doubt that the social media company is going through some tough times. But despite all the negativity, some big investors still believe in Twitter’s long-term potential.
Twitter Shareholders List
In 2022, Twitter’s top 5 shareholders are as follows:
- Vanguard Group Inc.
- Elon Musk
- Morgan Stanley
- BlackRock Inc.
- State Street Corp.
Vanguard Group Inc.
Twitter’s top shareholder is Vanguard Group Inc., which owns approximately 5.4% of the Twitter stock. Twitter’s stock forecast for the next 12 months is positive, with a 12-month price target estimate of $47.50 per share by analysts surveyed by Thomson Reuters.
Twitter’s share price has been on a tear recently, more than doubling in value over the past year. The company has benefited from strong growth in its user base and ad revenues and increased public interest in Twitter as a news source.
Twitter is expected to continue to grow its user base and ad revenues in the coming year, which should result in further increases in its share price. Thus, Vanguard Group Inc. is likely to see significant appreciation in the value of its Twitter holdings over the next 12 months.
Elon Musk
Twitter’s top 2nd shareholder, Elon Musk, says the social media company will remain one of his “safest” investments for the foreseeable future. In an interview with CNBC on Thursday, the billionaire investor doubled down on his bullishness for Twitter, calling it a “financial backstop.”
“I think Twitter is very strategic,” Musk said. “I think having Twitter as part of your portfolio is a good idea.”
Musk added that he still believed Twitter was “undervalued” by the market, despite its shares more than doubling in value over the past year. “The Twitter stock price does not reflect the true value of Twitter,” Musk said. “I think it’s still undervalued.”
Twitter has been tearing lately, thanks partly to the strong demand for its live video streaming services. The company also benefits from a tailwind in the advertising market and continued efforts to crack down on abusive content. Twitter is now one of Musk’s biggest bets outside of Tesla, his electric car company.
He first bought Twitter shares in 2016 and has since increased his stake to more than 8%. Musk’s Twitter stake is worth more than $1 billion at today’s prices. Twitter Stock Forecast for the next 12 months is positive, with a price target estimate of $47.50 per share.
Morgan Stanley
Twitter’s top 3rd shareholder is Morgan Stanley. Twitter’s stock price has been on a roller coaster ride in recent years, but analysts at Morgan Stanley are bullish on the social media giant’s prospects.
In a note to clients, they predicted that Twitter would be “one of the biggest winners” in the social media space over the next decade.
They forecast that Twitter will more than double its revenue by 2028, reaching $62 billion. While Twitter still trails Facebook and Google in terms of users and ad revenues, Morgan Stanley believes that it is well-positioned to benefit from the shift to digital advertising.
They also believe that Twitter’s live streaming video platform, Periscope, could be a key growth driver in the years ahead. Whether or not their predictions from assessing Twitter Stock forecast come true remains to be seen, but for now, Morgan Stanley is betting big on Twitter.
BlackRock Inc.
Twitter’s stock price has been on the rise lately, partly due to the announcement that BlackRock Inc. has taken a stake in the company. BlackRock is one of the world’s largest asset managers, with over $6 trillion in assets under management.
The fact that such a large and influential institution has invested in Twitter is seen as a vote of confidence in the social media platform. Twitter’s stock price is still well below its all-time high, but with Blackrock’s backing, it could be poised for a rebound.
Twitter is forecast to report strong earnings growth in the coming quarters, and if it can continue attracting new users and advertisers, its stock price is likely to rise.
As one of the world’s largest asset managers, BlackRock has the financial resources to help Twitter weather the current storm and emerge as a stronger company in the future.
State Street Corp.
Twitter’s share price has been tearing lately, with some investors thinking that the social media company may finally turn the corner. One of Twitter’s biggest shareholders is State Street Corp., and the investment firm is now betting even more heavily on the stock.
According to a recent filing, State Street has increased its stake in Twitter by nearly 5 million shares over the past quarter. This brings the firm’s total ownership to almost 31 million shares or about $1.6 billion worth of Twitter stock.
While Twitter still has a long way to go in terms of profitability, the stock is up more than 80% this year, and analysts are increasingly bullish on the company’s prospects. So, it looks like State Street’s bet on Twitter may pay off after all. Twitter Stock Forecasts may rise in the future as more investors take notice of Twitter’s potential.
So these are Twitter’s top 5 shareholders. They all have different reasons for being bullish on Twitter, but they all believe that the stock is undervalued at current levels.
With strong earnings growth expected in the previous quarters, Twitter’s stock price could continue to increase. So, if you’re looking for a social media stock to buy, Twitter may be worth considering.
