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.
WARNING: “Insider Selling: Twilio Inc (TWLO) General Counsel Sells $117,593.50 in Stock” was posted by Highlight Press and is the property of of Highlight Press. If you are reading this story on another publication, it was illegally copied and republished in violation of U.S. and international copyright and trademark laws. The original version of this story can be viewed at https://highlightpress.com/2019/04/20/insider-selling-twilio-inc-twlo-general-counsel-sells-117593-50-in-stock.html.
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.
See Also: What is the Consumer Price Index (CPI)?
Receive News & Ratings for Twilio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twilio and related companies with MarketBeat.com's FREE daily email newsletter.