Twilio Inc. (NYSE:TWLO – Get Free Report) CFO Aidan Viggiano sold 8,528 shares of Twilio stock in a transaction on Thursday, July 2nd. The stock was sold at an average price of $205.43, for a total value of $1,751,907.04. Following the transaction, the chief financial officer directly owned 109,724 shares of the company’s stock, valued at $22,540,601.32. This trade represents a 7.21% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Aidan Viggiano also recently made the following trade(s):
- On Tuesday, June 30th, Aidan Viggiano sold 9,093 shares of Twilio stock. The stock was sold at an average price of $201.25, for a total transaction of $1,829,966.25.
- On Tuesday, May 19th, Aidan Viggiano sold 1,828 shares of Twilio stock. The shares were sold at an average price of $200.00, for a total transaction of $365,600.00.
- On Friday, May 15th, Aidan Viggiano sold 1,376 shares of Twilio stock. The stock was sold at an average price of $197.44, for a total transaction of $271,677.44.
Twilio Stock Up 1.9%
Shares of NYSE TWLO opened at $216.03 on Thursday. Twilio Inc. has a 12-month low of $91.84 and a 12-month high of $238.48. The company has a market capitalization of $32.79 billion, a PE ratio of 337.55, a price-to-earnings-growth ratio of 4.22 and a beta of 1.36. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.66 and a quick ratio of 4.66. The firm’s 50-day moving average is $196.67 and its two-hundred day moving average is $151.68.
Institutional Investors Weigh In On Twilio
A number of hedge funds and other institutional investors have recently made changes to their positions in TWLO. Brighton Jones LLC boosted its stake in Twilio by 6.6% in the 4th quarter. Brighton Jones LLC now owns 10,051 shares of the technology company’s stock worth $1,086,000 after buying an additional 623 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Twilio during the 2nd quarter valued at about $251,000. Daiwa Securities Group Inc. increased its stake in shares of Twilio by 70.6% during the 2nd quarter. Daiwa Securities Group Inc. now owns 24,653 shares of the technology company’s stock valued at $3,066,000 after acquiring an additional 10,200 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Twilio by 46.9% during the 2nd quarter. NewEdge Advisors LLC now owns 5,770 shares of the technology company’s stock worth $718,000 after acquiring an additional 1,841 shares during the period. Finally, Sei Investments Co. lifted its holdings in shares of Twilio by 55.1% during the 2nd quarter. Sei Investments Co. now owns 90,128 shares of the technology company’s stock worth $11,208,000 after acquiring an additional 32,027 shares during the period. Hedge funds and other institutional investors own 84.27% of the company’s stock.
Wall Street Analyst Weigh In
Several analysts have recently issued reports on TWLO shares. Weiss Ratings upgraded Twilio from a “sell (d+)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Bank of America upgraded Twilio from an “underperform” rating to a “buy” rating and lifted their price objective for the stock from $110.00 to $190.00 in a research report on Wednesday, April 22nd. Piper Sandler upped their target price on shares of Twilio from $130.00 to $192.00 and gave the company a “neutral” rating in a report on Friday, May 1st. The Goldman Sachs Group started coverage on shares of Twilio in a report on Wednesday, June 24th. They issued a “buy” rating and a $300.00 target price on the stock. Finally, Oppenheimer raised their price target on shares of Twilio from $200.00 to $235.00 and gave the stock an “outperform” rating in a research note on Monday, May 18th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $207.41.
View Our Latest Stock Analysis on TWLO
Twilio Company Profile
Twilio Inc (NYSE: TWLO) is a cloud communications platform-as-a-service (CPaaS) company that enables developers and enterprises to embed communications into web and mobile applications. Its core offering is a suite of programmable APIs that handle messaging (SMS, MMS, and chat), voice calling, video, and user authentication. Twilio’s platform is designed to help businesses build customer engagement and communication workflows without managing telecommunications infrastructure directly.
The company’s product portfolio includes programmable voice and messaging APIs, Twilio Video for real‑time video applications, and Twilio Authy for multi‑factor authentication.
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