Twilio Inc. (NYSE:TWLO) CFO Aidan Viggiano Sells 2,500 Shares

Twilio Inc. (NYSE:TWLO) CFO Aidan Viggiano sold 2,500 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $117.45, for a total value of $293,625.00. Following the completion of the sale, the chief financial officer now owns 184,164 shares in the company, valued at approximately $21,630,061.80. This represents a 1.34 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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 Down 2.2 %

Shares of TWLO stock traded down $2.58 on Tuesday, hitting $115.44. The company’s stock had a trading volume of 3,463,083 shares, compared to its average volume of 3,968,692. 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 stock has a market capitalization of $17.71 billion, a price-to-earnings ratio of -180.38, a P/E/G ratio of 4.30 and a beta of 1.42. Twilio Inc. has a fifty-two week low of $52.51 and a fifty-two week high of $151.95. The firm’s fifty day moving average price is $122.21 and its 200-day moving average price is $93.21.

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

Analyst Ratings Changes

TWLO has been the topic of a number of research analyst reports. Robert W. Baird raised Twilio from a “neutral” rating to an “outperform” rating and lifted their price target for the stock from $115.00 to $160.00 in a research note on Friday, January 24th. Stifel Nicolaus increased their target price on shares of Twilio from $130.00 to $135.00 and gave the company a “hold” rating in a research report on Friday, February 14th. Barclays raised their price target on shares of Twilio from $120.00 to $140.00 and gave the stock an “equal weight” rating in a research note on Friday, February 14th. Needham & Company LLC raised their target price on shares of Twilio from $91.00 to $165.00 and gave the stock a “buy” rating in a research note on Tuesday, January 28th. Finally, The Goldman Sachs Group raised shares of Twilio from a “neutral” rating to a “buy” rating and upped their price objective for the company from $77.00 to $185.00 in a report on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $134.26.

Hedge Funds Weigh In On Twilio

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. True Wealth Design LLC lifted its stake in Twilio by 5,200.0% during 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 during the period. JFS Wealth Advisors LLC raised its stake in Twilio by 244.0% during the fourth quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company’s stock worth $41,000 after acquiring an additional 266 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in shares of Twilio by 79.4% during the fourth quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company’s stock valued at $41,000 after acquiring an additional 166 shares during the period. Centricity Wealth Management LLC acquired a new stake in shares of Twilio in the 4th quarter valued at $44,000. Finally, Brooklyn Investment Group bought a new stake in shares of Twilio in the 3rd quarter worth about $46,000. 84.27% of the stock is currently owned by institutional investors.

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.