Twilio Inc (TWLO) General Counsel Sells $117,593.50 in Stock

Twilio Inc (NYSE:TWLO) General Counsel Karyn Smith sold 937 shares of the firm’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of $125.50, for a total transaction of $117,593.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Karyn Smith also recently made the following trade(s):

  • On Monday, April 22nd, Karyn Smith sold 24,460 shares of Twilio stock. The shares were sold at an average price of $125.71, for a total transaction of $3,074,866.60.
  • On Wednesday, March 20th, Karyn Smith sold 24,487 shares of Twilio stock. The shares were sold at an average price of $129.72, for a total transaction of $3,176,453.64.
  • On Friday, February 22nd, Karyn Smith sold 25,486 shares of Twilio stock. The shares were sold at an average price of $115.30, for a total transaction of $2,938,535.80.
  • On Friday, February 15th, Karyn Smith sold 1,360 shares of Twilio stock. The shares were sold at an average price of $106.22, for a total transaction of $144,459.20.
  • On Friday, January 18th, Karyn Smith sold 3,261 shares of Twilio stock. The shares were sold at an average price of $104.28, for a total transaction of $340,057.08.

Shares of NYSE TWLO traded up $1.15 during midday trading on Friday, reaching $134.28. 4,761,221 shares of the stock were exchanged, compared to its average volume of 3,834,064. The company has a market cap of $16.45 billion, a PE ratio of -167.85 and a beta of 1.31. Twilio Inc has a 52-week low of $50.57 and a 52-week high of $142.20. The company has a debt-to-equity ratio of 0.99, a current ratio of 6.33 and a quick ratio of 6.33.

Twilio (NYSE:TWLO) last issued its quarterly earnings results on Tuesday, April 30th. The technology company reported ($0.39) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.40). The firm had revenue of $233.00 million for the quarter, compared to analysts’ expectations of $223.45 million. Twilio had a negative return on equity of 25.32% and a negative net margin of 17.87%. The business’s quarterly revenue was up 80.5% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.04) earnings per share. On average, analysts anticipate that Twilio Inc will post -1.4 EPS for the current year.

Several hedge funds and other institutional investors have recently modified their holdings of TWLO. Prudential Financial Inc. purchased a new stake in shares of Twilio during the third quarter worth about $288,000. Dimensional Fund Advisors LP grew its holdings in Twilio by 25.4% in the third quarter. Dimensional Fund Advisors LP now owns 106,956 shares of the technology company’s stock valued at $9,227,000 after purchasing an additional 21,688 shares during the period. LPL Financial LLC grew its holdings in Twilio by 2.5% in the third quarter. LPL Financial LLC now owns 31,121 shares of the technology company’s stock valued at $2,685,000 after purchasing an additional 771 shares during the period. Vident Investment Advisory LLC purchased a new stake in Twilio in the third quarter valued at approximately $908,000. Finally, Point72 Asset Management L.P. purchased a new stake in Twilio in the third quarter valued at approximately $7,334,000. Institutional investors and hedge funds own 57.69% of the company’s stock.

A number of equities analysts have issued reports on TWLO shares. Deutsche Bank lifted their target price on shares of Twilio from $150.00 to $160.00 and gave the stock a “buy” rating in a research report on Wednesday, May 1st. DA Davidson lifted their target price on shares of Twilio to $163.00 and gave the stock a “buy” rating in a research report on Wednesday, May 1st. Piper Jaffray Companies lifted their target price on shares of Twilio from $135.00 to $150.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 1st. KeyCorp lifted their target price on shares of Twilio from $150.00 to $156.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 1st. Finally, Mitsubishi UFJ Financial Group lifted their target price on shares of Twilio to $150.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 1st. Three investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $138.36.

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Twilio Company Profile

Twilio Inc provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications in the United States and internationally. The company's programmable communications cloud provides a set of application programming interfaces that enable developers to embed voice, messaging, and video capabilities into their applications.

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Insider Buying and Selling by Quarter for Twilio (NYSE:TWLO)

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