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

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Twilio Inc (NYSE:TWLO) General Counsel Karyn Smith sold 937 shares of the stock in a transaction that occurred on Monday, April 15th. The shares were sold at an average price of $125.50, for a total transaction of $117,593.50. The transaction was disclosed in a filing with the SEC, which is available through this link.

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

  • 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.

TWLO opened at $122.13 on Friday. The company has a market capitalization of $15.09 billion, a P/E ratio of -152.66 and a beta of 1.34. Twilio Inc has a 12 month low of $39.59 and a 12 month high of $136.00. The company has a quick ratio of 6.33, a current ratio of 6.33 and a debt-to-equity ratio of 0.99.

Twilio (NYSE:TWLO) last announced its quarterly earnings results on Tuesday, February 12th. The technology company reported $0.04 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.17) by $0.21. Twilio had a negative net margin of 18.76% and a negative return on equity of 21.00%. The firm had revenue of $204.30 million during the quarter, compared to the consensus estimate of $184.46 million. During the same period last year, the firm earned ($0.03) EPS. The business’s quarterly revenue was up 77.3% compared to the same quarter last year. On average, equities analysts expect that Twilio Inc will post -1.08 earnings per share for the current year.

A number of large investors have recently made changes to their positions in the business. Strs Ohio boosted its holdings in Twilio by 7,047.9% in the 1st quarter. Strs Ohio now owns 137,096 shares of the technology company’s stock valued at $17,710,000 after purchasing an additional 135,178 shares during the period. Sage Rhino Capital LLC bought a new position in Twilio in the 1st quarter valued at $1,033,000. Oakbrook Investments LLC bought a new position in Twilio in the 1st quarter valued at $304,000. Congress Park Capital LLC boosted its holdings in Twilio by 5.1% in the 1st quarter. Congress Park Capital LLC now owns 2,695 shares of the technology company’s stock valued at $348,000 after purchasing an additional 130 shares during the period. Finally, Wedbush Securities Inc. boosted its holdings in Twilio by 21.3% in the 1st quarter. Wedbush Securities Inc. now owns 5,849 shares of the technology company’s stock valued at $756,000 after purchasing an additional 1,027 shares during the period. 57.19% of the stock is owned by hedge funds and other institutional investors.

A number of research firms have recently weighed in on TWLO. Zacks Investment Research raised shares of Twilio from a “hold” rating to a “buy” rating and set a $142.00 target price for the company in a research report on Wednesday. Mitsubishi UFJ Financial Group increased their target price on shares of Twilio from $121.00 to $133.00 in a research report on Friday, April 12th. FBN Securities began coverage on shares of Twilio in a report on Tuesday, April 9th. They issued an “outperform” rating and a $150.00 price objective for the company. Stephens began coverage on shares of Twilio in a report on Monday, April 1st. They issued a “hold” rating and a $110.00 price objective for the company. Finally, KeyCorp raised their price objective on shares of Twilio from $132.00 to $150.00 and gave the stock an “overweight” rating in a report on Monday, March 25th. Two analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the stock. Twilio currently has an average rating of “Buy” and a consensus target price of $125.55.

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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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