Twilio Inc. (NYSE:TWLO) General Counsel Karyn Smith sold 1,830 shares of Twilio stock in a transaction on Wednesday, January 6th. The stock was sold at an average price of $329.09, for a total value of $602,234.70. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Karyn Smith also recently made the following trade(s):
- On Tuesday, December 15th, Karyn Smith sold 2,800 shares of Twilio stock. The stock was sold at an average price of $349.75, for a total value of $979,300.00.
- On Thursday, November 19th, Karyn Smith sold 1,716 shares of Twilio stock. The shares were sold at an average price of $284.50, for a total value of $488,202.00.
- On Thursday, October 15th, Karyn Smith sold 2,800 shares of Twilio stock. The shares were sold at an average price of $313.02, for a total transaction of $876,456.00.
Shares of NYSE TWLO opened at $357.15 on Friday. Twilio Inc. has a 1-year low of $68.06 and a 1-year high of $374.49. The company has a debt-to-equity ratio of 0.11, a current ratio of 7.29 and a quick ratio of 7.29. The business’s fifty day moving average price is $331.24 and its two-hundred day moving average price is $276.93. The firm has a market capitalization of $53.92 billion, a PE ratio of -132.77 and a beta of 1.63.
Twilio (NYSE:TWLO) last issued its quarterly earnings results on Monday, October 26th. The technology company reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.08. The company had revenue of $447.97 million for the quarter, compared to analyst estimates of $407.20 million. Twilio had a negative return on equity of 5.04% and a negative net margin of 26.77%. The company’s quarterly revenue was up 51.8% compared to the same quarter last year. During the same period last year, the company earned $0.03 earnings per share. Equities research analysts expect that Twilio Inc. will post -1.47 earnings per share for the current fiscal year.
TWLO has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of Twilio from a “sell” rating to a “hold” rating and set a $360.00 price objective for the company in a research note on Monday, December 14th. Macquarie assumed coverage on Twilio in a report on Wednesday. They issued an “outperform” rating for the company. Rosenblatt Securities upgraded Twilio from a “neutral” rating to a “buy” rating and upped their price target for the stock from $255.00 to $375.00 in a report on Monday, October 12th. BidaskClub cut Twilio from a “buy” rating to a “hold” rating in a research note on Monday, December 28th. Finally, The Goldman Sachs Group raised their price objective on Twilio from $290.00 to $330.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 27th. Six investment analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus target price of $332.17.
Institutional investors and hedge funds have recently modified their holdings of the company. Acadian Asset Management LLC increased its holdings in shares of Twilio by 65.7% during the third quarter. Acadian Asset Management LLC now owns 2,998 shares of the technology company’s stock valued at $740,000 after purchasing an additional 1,189 shares during the period. Pentwater Capital Management LP acquired a new position in shares of Twilio during the third quarter valued at $1,235,000. Private Advisor Group LLC increased its holdings in shares of Twilio by 4.0% during the third quarter. Private Advisor Group LLC now owns 7,488 shares of the technology company’s stock valued at $1,792,000 after purchasing an additional 287 shares during the period. The Manufacturers Life Insurance Company increased its holdings in shares of Twilio by 28.6% during the third quarter. The Manufacturers Life Insurance Company now owns 3,681 shares of the technology company’s stock valued at $909,000 after purchasing an additional 819 shares during the period. Finally, Los Angeles Capital Management & Equity Research Inc. increased its holdings in shares of Twilio by 255.9% during the third quarter. Los Angeles Capital Management & Equity Research Inc. now owns 5,065 shares of the technology company’s stock valued at $1,252,000 after purchasing an additional 3,642 shares during the period. 84.03% of the stock is currently owned by institutional investors.
Twilio Inc, together with its subsidiaries, provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications in the United States and internationally. Its customer engagement platform provides a set of application programming interfaces that handle the higher level communication logic needed for nearly every type of customer engagement, as well as enable developers to embed voice, messaging, and video capabilities into their applications.
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