Twilio Inc (NYSE:TWLO) General Counsel Sells $19,931.91 in Stock

Twilio Inc (NYSE:TWLO) General Counsel Karyn Smith sold 753 shares of the stock in a transaction dated Tuesday, January 16th. The stock was sold at an average price of $26.47, for a total value of $19,931.91. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Thursday, January 18th, Karyn Smith sold 4,213 shares of Twilio stock. The stock was sold at an average price of $25.54, for a total value of $107,600.02.
  • On Monday, December 18th, Karyn Smith sold 5,213 shares of Twilio stock. The stock was sold at an average price of $25.50, for a total value of $132,931.50.
  • On Monday, November 20th, Karyn Smith sold 5,213 shares of Twilio stock. The stock was sold at an average price of $25.83, for a total value of $134,651.79.

Twilio Inc (NYSE:TWLO) traded up $0.61 during trading hours on Friday, hitting $24.52. The company had a trading volume of 2,534,597 shares, compared to its average volume of 1,410,000. The company has a market capitalization of $2,280.00 and a P/E ratio of -33.59. Twilio Inc has a fifty-two week low of $22.80 and a fifty-two week high of $34.95.

Twilio (NYSE:TWLO) last posted its quarterly earnings data on Wednesday, November 8th. The technology company reported ($0.08) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.20) by $0.12. The business had revenue of $100.54 million during the quarter, compared to the consensus estimate of $92.50 million. Twilio had a negative return on equity of 17.55% and a negative net margin of 15.69%. Twilio’s quarterly revenue was up 40.6% on a year-over-year basis. During the same period last year, the company earned ($0.04) earnings per share. sell-side analysts predict that Twilio Inc will post -0.75 EPS for the current fiscal year.

Several equities research analysts have issued reports on the company. BidaskClub downgraded Twilio from a “buy” rating to a “hold” rating in a report on Saturday, November 4th. Zacks Investment Research downgraded Twilio from a “hold” rating to a “sell” rating in a report on Tuesday, January 23rd. Drexel Hamilton restated a “buy” rating and issued a $47.00 price target on shares of Twilio in a report on Monday, December 4th. Northland Securities set a $36.00 price target on Twilio and gave the stock a “buy” rating in a report on Monday, November 13th. Finally, Robert W. Baird restated a “buy” rating and issued a $37.00 price target on shares of Twilio in a report on Friday, November 10th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the stock. Twilio presently has a consensus rating of “Buy” and an average target price of $36.61.

A number of hedge funds have recently bought and sold shares of the business. Thompson Davis & CO. Inc. grew its stake in Twilio by 36.8% in the third quarter. Thompson Davis & CO. Inc. now owns 6,500 shares of the technology company’s stock valued at $194,000 after purchasing an additional 1,750 shares in the last quarter. New York State Common Retirement Fund grew its stake in Twilio by 2.9% in the third quarter. New York State Common Retirement Fund now owns 68,400 shares of the technology company’s stock valued at $2,042,000 after purchasing an additional 1,900 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in Twilio by 22.0% in the third quarter. Janney Montgomery Scott LLC now owns 13,340 shares of the technology company’s stock valued at $398,000 after purchasing an additional 2,410 shares in the last quarter. Fortaleza Asset Management Inc. grew its stake in Twilio by 47.0% in the third quarter. Fortaleza Asset Management Inc. now owns 7,635 shares of the technology company’s stock valued at $228,000 after purchasing an additional 2,440 shares in the last quarter. Finally, Pacer Advisors Inc. grew its stake in Twilio by 56.0% in the third quarter. Pacer Advisors Inc. now owns 8,010 shares of the technology company’s stock valued at $239,000 after purchasing an additional 2,875 shares in the last quarter. Hedge funds and other institutional investors own 59.90% of the company’s stock.

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Twilio Company Profile

Twilio Inc offers Cloud Communications Platform, which enables developers to build, scale and operate real-time communications within software applications. The Company’s platform consists of Programmable Communications Cloud, Super Network and Business Model for Innovators. Its Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities into their applications through its Application Programming Interfaces (APIs).

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

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