Twilio Inc. (NYSE:TWLO) CEO Sells $1,405,449.00 in Stock

Twilio Inc. (NYSE:TWLOGet Free Report) CEO Khozema Shipchandler sold 24,657 shares of Twilio stock in a transaction dated Friday, June 7th. The shares were sold at an average price of $57.00, for a total value of $1,405,449.00. Following the completion of the transaction, the chief executive officer now directly owns 311,325 shares in the company, valued at $17,745,525. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Khozema Shipchandler also recently made the following trade(s):

  • On Monday, April 1st, Khozema Shipchandler sold 10,961 shares of Twilio stock. The shares were sold at an average price of $62.13, for a total transaction of $681,006.93.

Twilio Stock Performance

Shares of TWLO stock opened at $55.67 on Friday. The company has a market cap of $9.53 billion, a P/E ratio of -13.88, a PEG ratio of 9.75 and a beta of 1.34. The business has a 50 day moving average of $59.68 and a two-hundred day moving average of $64.69. Twilio Inc. has a 52 week low of $49.86 and a 52 week high of $78.16. The company has a quick ratio of 6.55, a current ratio of 6.55 and a debt-to-equity ratio of 0.11.

Twilio (NYSE:TWLOGet Free Report) last issued its quarterly earnings data on Tuesday, May 7th. The technology company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of ($0.09) by $0.15. The firm had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.03 billion. Twilio had a negative return on equity of 0.89% and a negative net margin of 17.37%. As a group, analysts anticipate that Twilio Inc. will post 0.18 EPS for the current year.

Institutional Trading of Twilio

A number of large investors have recently modified their holdings of the company. Tidal Investments LLC grew its position in Twilio by 2.3% in the 1st quarter. Tidal Investments LLC now owns 7,295 shares of the technology company’s stock worth $446,000 after purchasing an additional 166 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its holdings in Twilio by 14.2% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,339 shares of the technology company’s stock worth $102,000 after buying an additional 167 shares in the last quarter. Blue Zone Wealth Advisors LLC increased its position in Twilio by 4.0% in the 4th quarter. Blue Zone Wealth Advisors LLC now owns 4,728 shares of the technology company’s stock valued at $359,000 after acquiring an additional 181 shares during the period. Brighton Jones LLC raised its stake in Twilio by 1.8% during the 4th quarter. Brighton Jones LLC now owns 10,209 shares of the technology company’s stock valued at $775,000 after acquiring an additional 185 shares in the last quarter. Finally, Fifth Third Bancorp boosted its position in Twilio by 29.0% during the 1st quarter. Fifth Third Bancorp now owns 841 shares of the technology company’s stock worth $51,000 after acquiring an additional 189 shares during the period. Institutional investors and hedge funds own 84.27% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. JMP Securities reissued a “market outperform” rating and issued a $110.00 price objective on shares of Twilio in a research report on Thursday, February 15th. Royal Bank of Canada reissued an “underperform” rating and set a $50.00 target price on shares of Twilio in a research report on Wednesday, March 6th. Oppenheimer reaffirmed an “outperform” rating and set a $75.00 price target on shares of Twilio in a research note on Wednesday, April 17th. Jefferies Financial Group decreased their price objective on shares of Twilio from $65.00 to $60.00 and set a “hold” rating for the company in a research report on Wednesday, March 6th. Finally, Robert W. Baird cut their price target on Twilio from $70.00 to $65.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 8th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, Twilio has a consensus rating of “Hold” and an average price target of $69.95.

Check Out Our Latest Research Report on Twilio

About Twilio

(Get Free Report)

Twilio Inc, together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. It operates through two segments, Twilio Communications and Twilio Segment. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, flex, marketing campaigns, and user identity and authentication.

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

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