Twilio Inc (NYSE:TWLO) CFO Lee Kirkpatrick sold 13,770 shares of Twilio stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $30.29, for a total value of $417,093.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Lee Kirkpatrick also recently made the following trade(s):
- On Tuesday, January 16th, Lee Kirkpatrick sold 7,000 shares of Twilio stock. The shares were sold at an average price of $25.89, for a total value of $181,230.00.
- On Friday, December 15th, Lee Kirkpatrick sold 10,830 shares of Twilio stock. The shares were sold at an average price of $25.28, for a total value of $273,782.40.
Twilio Inc (TWLO) opened at $33.09 on Friday. Twilio Inc has a 1-year low of $22.80 and a 1-year high of $34.74. The company has a market capitalization of $3,080.00 and a PE ratio of -47.27.
Institutional investors have recently bought and sold shares of the stock. Delpha Capital Management LLC bought a new position in Twilio during the fourth quarter worth about $101,000. Cerebellum GP LLC bought a new position in Twilio during the fourth quarter worth about $117,000. SeaCrest Wealth Management LLC bought a new position in Twilio during the fourth quarter worth about $123,000. Ameritas Investment Partners Inc. bought a new position in Twilio during the second quarter worth about $159,000. Finally, Thompson Davis & CO. Inc. grew its holdings in Twilio by 36.8% during the third quarter. Thompson Davis & CO. Inc. now owns 6,500 shares of the technology company’s stock worth $194,000 after purchasing an additional 1,750 shares during the period. Institutional investors and hedge funds own 59.99% of the company’s stock.
A number of research firms recently issued reports on TWLO. JPMorgan Chase & Co. lifted their target price on Twilio from $40.00 to $42.00 and gave the company an “overweight” rating in a research report on Wednesday. Zacks Investment Research raised Twilio from a “sell” rating to a “hold” rating in a research report on Saturday, February 10th. Oppenheimer reaffirmed a “buy” rating and issued a $38.00 target price on shares of Twilio in a research report on Tuesday, January 2nd. Drexel Hamilton reaffirmed a “buy” rating and issued a $47.00 target price on shares of Twilio in a research report on Thursday, December 28th. Finally, Canaccord Genuity reaffirmed a “buy” rating and issued a $38.00 target price on shares of Twilio in a research report on Wednesday, December 6th. One analyst has rated the stock with a sell rating, four have issued a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $36.75.
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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).
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