Insider Selling: Twilio Inc. (TWLO) General Counsel Sells 5,213 Shares of Stock

Twilio Inc. (NYSE:TWLO) General Counsel Karyn Smith sold 5,213 shares of the business’s stock in a transaction dated Monday, December 18th. The stock was sold at an average price of $25.50, for a total value of $132,931.50. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

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

  • On Monday, November 20th, Karyn Smith sold 5,213 shares of Twilio stock. The shares were sold at an average price of $25.83, for a total value of $134,651.79.
  • On Wednesday, October 18th, Karyn Smith sold 5,381 shares of Twilio stock. The shares were sold at an average price of $31.48, for a total value of $169,393.88.
  • On Monday, October 16th, Karyn Smith sold 711 shares of Twilio stock. The stock was sold at an average price of $32.60, for a total value of $23,178.60.

Shares of Twilio Inc. (NYSE TWLO) traded down $0.11 during midday trading on Thursday, hitting $25.64. The stock had a trading volume of 749,600 shares, compared to its average volume of 1,391,057. The company has a market cap of $2,410.00 and a P/E ratio of -35.12. Twilio Inc. has a one year low of $22.80 and a one year high of $34.95.

Twilio (NYSE:TWLO) last announced its quarterly earnings data on Wednesday, November 8th. The technology company reported ($0.08) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.20) by $0.12. Twilio had a negative return on equity of 17.55% and a negative net margin of 15.69%. The firm had revenue of $100.54 million during the quarter, compared to analysts’ expectations of $92.50 million. During the same period in the previous year, the firm earned ($0.04) EPS. The company’s quarterly revenue was up 40.6% compared to the same quarter last year. sell-side analysts forecast that Twilio Inc. will post -0.75 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently modified their holdings of TWLO. Thompson Davis & CO. Inc. grew its position in shares of Twilio by 0.7% in the 2nd 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. IFP Advisors Inc boosted its position in shares of Twilio by 10.0% during the 2nd quarter. IFP Advisors Inc now owns 5,175 shares of the technology company’s stock valued at $151,000 after purchasing an additional 469 shares in the last quarter. Pacer Advisors Inc. boosted its position in shares of Twilio by 12.1% during the 2nd quarter. Pacer Advisors Inc. now owns 5,135 shares of the technology company’s stock valued at $149,000 after purchasing an additional 555 shares in the last quarter. Marcus Capital LLC raised its stake in Twilio by 1.5% during the 2nd quarter. Marcus Capital LLC now owns 116,700 shares of the technology company’s stock worth $3,397,000 after buying an additional 1,700 shares during the period. Finally, New York State Common Retirement Fund raised its stake in Twilio by 2.9% during the 3rd quarter. New York State Common Retirement Fund now owns 68,400 shares of the technology company’s stock worth $2,042,000 after buying an additional 1,900 shares during the period. 59.84% of the stock is owned by institutional investors and hedge funds.

TWLO has been the subject of a number of research analyst reports. BidaskClub lowered Twilio from a “buy” rating to a “hold” rating in a report on Saturday, November 4th. Oppenheimer reiterated a “buy” rating and set a $38.00 price target on shares of Twilio in a report on Monday, September 18th. Northland Securities set a $36.00 target price on Twilio and gave the company a “buy” rating in a research note on Monday, November 13th. KeyCorp restated a “hold” rating on shares of Twilio in a research note on Tuesday, December 5th. Finally, Zacks Investment Research lowered Twilio from a “hold” rating to a “sell” rating in a research note on Tuesday, November 14th. Two analysts have rated the stock with a sell rating, three have issued a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $36.83.

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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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