Twilio Inc. (NYSE:TWLO) CFO Sells $293,625.00 in Stock

Twilio Inc. (NYSE:TWLO) CFO Aidan Viggiano sold 2,500 shares of the company’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $117.45, for a total transaction of $293,625.00. Following the completion of the transaction, the chief financial officer now owns 184,164 shares of the company’s stock, valued at $21,630,061.80. This trade represents a 1.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

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

• On Tuesday, February 18th, Aidan Viggiano sold 1,391 shares of Twilio stock. The stock was sold at an average price of $124.51, for a total transaction of $173,193.41.
• 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 Stock Performance

TWLO stock opened at $117.18 on Friday. The stock’s fifty day moving average is $122.83 and its two-hundred day moving average is $93.94. The stock has a market capitalization of $17.97 billion, a price-to-earnings ratio of -183.09, a PEG ratio of 4.30 and a beta of 1.42. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06. Twilio Inc. has a 1 year low of $52.51 and a 1 year high of $151.95.

Twilio (NYSE:TWLO) last announced its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.77). The firm had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.19 billion. Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. On average, research analysts predict that Twilio Inc. will post 1.44 EPS for the current year.

Institutional Trading of Twilio

Several large investors have recently added to or reduced their stakes in the business. True Wealth Design LLC grew its stake in shares of Twilio by 5,200.0% in the third quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock worth $28,000 after purchasing an additional 416 shares in the last quarter. JFS Wealth Advisors LLC lifted its holdings in Twilio by 244.0% in the fourth quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company’s stock worth $41,000 after purchasing an additional 266 shares during the period. Parkside Financial Bank & Trust lifted its holdings in 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 purchasing an additional 166 shares during the period. Centricity Wealth Management LLC bought a new position in Twilio in the 4th quarter valued at about $44,000. Finally, Brooklyn Investment Group acquired a new position in Twilio during the 3rd quarter valued at about $46,000. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on TWLO shares. Robert W. Baird raised Twilio from a “neutral” rating to an “outperform” rating and increased their price target for the company from $115.00 to $160.00 in a report on Friday, January 24th. Needham & Company LLC increased their target price on Twilio from $91.00 to $165.00 and gave the company a “buy” rating in a research note on Tuesday, January 28th. William Blair restated an “outperform” rating on shares of Twilio in a research note on Friday, February 14th. TD Cowen increased their price objective on shares of Twilio from $70.00 to $85.00 and gave the company a “hold” rating in a research note on Thursday, October 31st. Finally, Barclays boosted their target price on shares of Twilio from $120.00 to $140.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $134.26.

About Twilio

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.