Twilio Inc (TWLO) General Counsel Sells $91,039.68 in Stock

Twilio Inc (NYSE:TWLO) General Counsel Karyn Smith sold 2,952 shares of the business’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $30.84, for a total transaction of $91,039.68. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Thursday, January 18th, Karyn Smith sold 4,213 shares of Twilio stock. The shares were sold at an average price of $25.54, for a total transaction of $107,600.02.
  • On Tuesday, January 16th, Karyn Smith sold 753 shares of Twilio stock. The shares were sold at an average price of $26.47, for a total transaction of $19,931.91.
  • On Monday, December 18th, Karyn Smith sold 5,213 shares of Twilio stock. The shares were sold at an average price of $25.50, for a total transaction of $132,931.50.

Shares of Twilio Inc (TWLO) opened at $33.01 on Wednesday. Twilio Inc has a 52 week low of $22.80 and a 52 week high of $34.74. The firm has a market cap of $3,070.00 and a P/E ratio of -47.16.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Raymond James Financial Services Advisors Inc. grew its holdings in Twilio by 53.8% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 23,287 shares of the technology company’s stock worth $678,000 after acquiring an additional 8,145 shares in the last quarter. Allianz Asset Management GmbH grew its holdings in Twilio by 37.2% during the 3rd quarter. Allianz Asset Management GmbH now owns 1,367,745 shares of the technology company’s stock worth $40,827,000 after acquiring an additional 371,055 shares in the last quarter. Fox Run Management L.L.C. grew its holdings in Twilio by 255.0% during the 4th quarter. Fox Run Management L.L.C. now owns 51,827 shares of the technology company’s stock worth $1,223,000 after acquiring an additional 37,227 shares in the last quarter. Vanguard Group Inc. grew its holdings in Twilio by 21.1% during the 2nd quarter. Vanguard Group Inc. now owns 4,212,606 shares of the technology company’s stock worth $122,629,000 after acquiring an additional 734,659 shares in the last quarter. Finally, Hillman Co. grew its holdings in Twilio by 0.7% during the 4th quarter. Hillman Co. now owns 954,242 shares of the technology company’s stock worth $22,520,000 after acquiring an additional 6,580 shares in the last quarter. 55.39% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities research analysts have recently issued reports on the stock. Drexel Hamilton reissued a “buy” rating and issued a $47.00 price target on shares of Twilio in a research note on Thursday, December 28th. Canaccord Genuity reissued a “buy” rating and issued a $38.00 price target on shares of Twilio in a research note on Wednesday, December 6th. Zacks Investment Research raised shares of Twilio from a “sell” rating to a “hold” rating in a research note on Saturday, February 10th. Robert W. Baird reissued a “buy” rating and issued a $37.00 price target on shares of Twilio in a research note on Friday, November 10th. Finally, Oppenheimer reissued a “buy” rating and issued a $38.00 price target on shares of Twilio in a research note on Tuesday, January 2nd. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $36.75.

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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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