Insider Selling: Twilio Inc (TWLO) General Counsel Sells 937 Shares of Stock

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Twilio Inc (NYSE:TWLO) General Counsel Karyn Smith sold 937 shares of the stock in a transaction on Monday, April 15th. The stock was sold at an average price of $125.50, for a total value of $117,593.50. The transaction was disclosed in a document filed with the SEC, which is available through this link.

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

  • On Wednesday, March 20th, Karyn Smith sold 24,487 shares of Twilio stock. The stock was sold at an average price of $129.72, for a total value of $3,176,453.64.
  • On Friday, February 22nd, Karyn Smith sold 25,486 shares of Twilio stock. The stock was sold at an average price of $115.30, for a total value of $2,938,535.80.
  • On Friday, February 15th, Karyn Smith sold 1,360 shares of Twilio stock. The stock was sold at an average price of $106.22, for a total value of $144,459.20.
  • On Friday, January 18th, Karyn Smith sold 3,261 shares of Twilio stock. The stock was sold at an average price of $104.28, for a total value of $340,057.08.

NYSE:TWLO traded down $3.48 during trading hours on Wednesday, hitting $123.08. The company’s stock had a trading volume of 2,682,854 shares, compared to its average volume of 4,189,253. The firm has a market capitalization of $15.64 billion, a PE ratio of -153.85 and a beta of 1.34. The company has a quick ratio of 6.33, a current ratio of 6.33 and a debt-to-equity ratio of 0.99. Twilio Inc has a twelve month low of $39.59 and a twelve month high of $136.00.

Twilio (NYSE:TWLO) last released its quarterly earnings data on Tuesday, February 12th. The technology company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.17) by $0.21. The business had revenue of $204.30 million for the quarter, compared to analyst estimates of $184.46 million. Twilio had a negative return on equity of 21.00% and a negative net margin of 18.76%. Twilio’s revenue was up 77.3% compared to the same quarter last year. During the same period last year, the firm posted ($0.03) earnings per share. On average, analysts anticipate that Twilio Inc will post -1.08 EPS for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in the stock. Adirondack Trust Co. boosted its stake in shares of Twilio by 625.0% during the fourth quarter. Adirondack Trust Co. now owns 348 shares of the technology company’s stock valued at $31,000 after purchasing an additional 300 shares in the last quarter. Parallel Advisors LLC boosted its stake in shares of Twilio by 300.0% during the fourth quarter. Parallel Advisors LLC now owns 400 shares of the technology company’s stock valued at $35,000 after purchasing an additional 300 shares in the last quarter. Brasada Capital Management LP acquired a new stake in shares of Twilio during the fourth quarter valued at about $45,000. TCI Wealth Advisors Inc. boosted its stake in shares of Twilio by 261.0% during the first quarter. TCI Wealth Advisors Inc. now owns 361 shares of the technology company’s stock valued at $47,000 after purchasing an additional 261 shares in the last quarter. Finally, Signet Investment Advisory Group Inc. acquired a new stake in shares of Twilio during the fourth quarter valued at about $53,000. 57.19% of the stock is currently owned by institutional investors and hedge funds.

TWLO has been the topic of several analyst reports. Argus increased their target price on Twilio to $125.00 and gave the stock a “buy” rating in a report on Thursday, February 14th. Guggenheim initiated coverage on Twilio in a report on Monday, March 11th. They set a “buy” rating and a $140.00 target price on the stock. KeyCorp reissued an “overweight” rating and set a $114.00 target price (up from $103.00) on shares of Twilio in a report on Tuesday, January 8th. Stephens initiated coverage on Twilio in a report on Monday, April 1st. They set a “hold” rating and a $110.00 target price on the stock. Finally, Morgan Stanley initiated coverage on Twilio in a report on Friday, March 15th. They set an “equal weight” rating and a $130.00 target price on the stock. Three research analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company’s stock. Twilio has an average rating of “Buy” and an average target price of $121.93.

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Twilio Company Profile

Twilio Inc provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications in the United States and internationally. The company's programmable communications cloud provides a set of application programming interfaces that enable developers to embed voice, messaging, and video capabilities into their applications.

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