Twilio Inc. (NYSE:TWLO – Get Free Report) CFO Aidan Viggiano sold 1,376 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $197.44, for a total value of $271,677.44. Following the completion of the transaction, the chief financial officer owned 129,173 shares of the company’s stock, valued at approximately $25,503,917.12. This represents a 1.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Aidan Viggiano also recently made the following trade(s):
- On Thursday, April 2nd, Aidan Viggiano sold 9,389 shares of Twilio stock. The stock was sold at an average price of $127.51, for a total value of $1,197,191.39.
- On Tuesday, March 31st, Aidan Viggiano sold 8,231 shares of Twilio stock. The stock was sold at an average price of $122.79, for a total value of $1,010,684.49.
- On Monday, March 2nd, Aidan Viggiano sold 806 shares of Twilio stock. The stock was sold at an average price of $125.00, for a total value of $100,750.00.
Twilio Stock Down 0.9%
NYSE TWLO traded down $1.71 on Tuesday, reaching $195.97. The company had a trading volume of 2,917,555 shares, compared to its average volume of 2,558,733. The firm has a market capitalization of $29.74 billion, a PE ratio of 306.20, a P/E/G ratio of 4.12 and a beta of 1.32. Twilio Inc. has a 1 year low of $91.84 and a 1 year high of $203.71. The firm has a 50-day moving average of $144.12 and a 200-day moving average of $132.65. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.66 and a quick ratio of 4.66.
Wall Street Analyst Weigh In
TWLO has been the topic of a number of recent analyst reports. BTIG Research reaffirmed a “buy” rating and issued a $215.00 target price on shares of Twilio in a research report on Tuesday, May 12th. Wells Fargo & Company upped their target price on Twilio from $147.00 to $200.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. KeyCorp upped their target price on Twilio from $156.00 to $200.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. Citigroup reaffirmed an “outperform” rating on shares of Twilio in a research report on Friday, May 1st. Finally, Robert W. Baird set a $200.00 target price on Twilio in a research report on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $195.40.
View Our Latest Report on TWLO
Institutional Investors Weigh In On Twilio
Several institutional investors and hedge funds have recently made changes to their positions in TWLO. Raleigh Capital Management Inc. acquired a new stake in shares of Twilio during the 4th quarter valued at approximately $26,000. SHP Wealth Management acquired a new stake in shares of Twilio during the 4th quarter valued at approximately $26,000. First Horizon Corp acquired a new stake in shares of Twilio during the 3rd quarter valued at approximately $28,000. Zions Bancorporation National Association UT acquired a new stake in shares of Twilio during the 4th quarter valued at approximately $29,000. Finally, Aster Capital Management DIFC Ltd acquired a new stake in shares of Twilio during the 4th quarter valued at approximately $29,000. 84.27% of the stock is owned by institutional investors and hedge funds.
About Twilio
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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