Twilio Inc. (NYSE:TWLO) Director Richard L. Dalzell sold 2,500 shares of Twilio stock in a transaction on Tuesday, August 15th. The stock was sold at an average price of $31.18, for a total value of $77,950.00. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Richard L. Dalzell also recently made the following trade(s):

  • On Thursday, July 13th, Richard L. Dalzell sold 2,500 shares of Twilio stock. The stock was sold at an average price of $30.01, for a total value of $75,025.00.

Shares of Twilio Inc. (NYSE:TWLO) traded down 2.38% during midday trading on Thursday, reaching $30.32. The company had a trading volume of 1,429,224 shares. Twilio Inc. has a 12-month low of $22.80 and a 12-month high of $70.96. The firm’s market capitalization is $2.79 billion. The company has a 50 day moving average of $30.13 and a 200 day moving average of $29.19.

Twilio (NYSE:TWLO) last announced its earnings results on Monday, August 7th. The technology company reported ($0.20) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.20). The business had revenue of $95.90 million for the quarter, compared to analysts’ expectations of $86.28 million. Twilio had a negative return on equity of 15.40% and a negative net margin of 13.42%. The business’s revenue for the quarter was up 48.7% on a year-over-year basis. During the same period last year, the firm posted ($0.08) earnings per share. Analysts anticipate that Twilio Inc. will post ($0.23) EPS for the current year.

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TWLO has been the topic of a number of recent analyst reports. Vetr upgraded Twilio from a “buy” rating to a “strong-buy” rating and set a $32.00 target price on the stock in a research note on Thursday, July 6th. Zacks Investment Research upgraded Twilio from a “sell” rating to a “buy” rating and set a $36.00 target price on the stock in a research note on Friday, April 28th. Drexel Hamilton reiterated a “buy” rating and set a $44.00 target price on shares of Twilio in a research note on Thursday, May 25th. Goldman Sachs Group, Inc. (The) reiterated a “neutral” rating and set a $38.00 target price on shares of Twilio in a research note on Tuesday, May 2nd. Finally, William Blair reiterated an “outperform” rating on shares of Twilio in a research note on Wednesday, May 3rd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $37.25.

A number of hedge funds and other institutional investors have recently made changes to their positions in TWLO. Thompson Davis & CO. Inc. boosted its position in shares of Twilio by 0.7% in the second quarter. Thompson Davis & CO. Inc. now owns 4,750 shares of the technology company’s stock valued at $138,000 after buying an additional 34 shares during the last quarter. Pacer Advisors Inc. boosted its position in shares of Twilio by 12.1% in the second quarter. Pacer Advisors Inc. now owns 5,135 shares of the technology company’s stock valued at $149,000 after buying an additional 555 shares during the last quarter. IFP Advisors Inc boosted its position in shares of Twilio by 10.0% in the second quarter. IFP Advisors Inc now owns 5,175 shares of the technology company’s stock valued at $151,000 after buying an additional 469 shares during the last quarter. Ameritas Investment Partners Inc. purchased a new position in shares of Twilio during the second quarter valued at about $159,000. Finally, US Bancorp DE boosted its position in shares of Twilio by 199.1% in the second quarter. US Bancorp DE now owns 5,826 shares of the technology company’s stock valued at $170,000 after buying an additional 3,878 shares during the last quarter. 77.32% of the stock is currently owned by institutional investors and hedge funds.

Twilio Company Profile

Twilio Inc offers Cloud Communications Platform, which enables developers to build, scale and operate real-time communications within software applications. The Company’s platform consists of Programmable Communications Cloud, Super Network and Business Model for Innovators. Its Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities into their applications through its Application Programming Interfaces (APIs).

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

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