Twilio Inc. (NYSE:TWLO) CFO Aidan Viggiano Sells 1,391 Shares

Twilio Inc. (NYSE:TWLO) CFO Aidan Viggiano sold 1,391 shares of Twilio stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $124.51, for a total transaction of $173,193.41. Following the sale, the chief financial officer now directly owns 152,519 shares of the company’s stock, valued at $18,990,140.69. This trade represents a 0.90 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Aidan Viggiano also recently made the following trade(s):

• On Monday, January 6th, Aidan Viggiano sold 6,552 shares of Twilio stock. The shares were sold at an average price of $113.55, for a total value of $743,979.60.

Twilio Trading Down 2.7 %

NYSE:TWLO opened at $117.92 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.06 and a quick ratio of 5.06. The firm has a 50-day moving average price of $122.01 and a 200 day moving average price of $91.78. Twilio Inc. has a 12-month low of $52.51 and a 12-month high of $151.95.

Twilio (NYSE:TWLO) last announced its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.77). Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. The company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.19 billion. Equities research analysts predict that Twilio Inc. will post 1.4 earnings per share for the current year.

Institutional Trading of Twilio

Several hedge funds have recently modified their holdings of TWLO. True Wealth Design LLC raised its position in Twilio by 5,200.0% in the 3rd quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock valued at $28,000 after purchasing an additional 416 shares during the last quarter. JFS Wealth Advisors LLC increased its position in Twilio by 244.0% in the 4th quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company’s stock valued at $41,000 after acquiring an additional 266 shares in the last quarter. Parkside Financial Bank & Trust raised its stake in shares of Twilio by 79.4% in the fourth quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company’s stock worth $41,000 after acquiring an additional 166 shares during the last quarter. Centricity Wealth Management LLC bought a new stake in shares of Twilio during the fourth quarter valued at approximately $44,000. Finally, Brooklyn Investment Group acquired a new stake in shares of Twilio in the third quarter valued at approximately $46,000. Institutional investors and hedge funds own 84.27% of the company’s stock.

Wall Street Analysts Forecast Growth

TWLO has been the subject of several recent research reports. Mizuho boosted their price target on Twilio from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Oppenheimer increased their target price on shares of Twilio from $90.00 to $160.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. UBS Group upped their price target on Twilio from $145.00 to $175.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. JPMorgan Chase & Co. boosted their target price on Twilio from $83.00 to $130.00 and gave the stock an “overweight” rating in a report on Friday, January 24th. Finally, Jefferies Financial Group lifted their price target on shares of Twilio from $105.00 to $145.00 and gave the company a “hold” rating in a research report on Friday, February 14th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $130.91.

Twilio Company Profile

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.