Twilio Inc. (NYSE:TWLO) General Counsel Karyn Smith sold 753 shares of the company’s stock in a transaction on Tuesday, January 16th. The stock was sold at an average price of $26.47, for a total transaction of $19,931.91. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • On Thursday, January 18th, Karyn Smith sold 4,213 shares of Twilio stock. The stock was sold at an average price of $25.54, for a total transaction of $107,600.02.
  • On Monday, December 18th, Karyn Smith sold 5,213 shares of Twilio stock. The stock was sold at an average price of $25.50, for a total transaction of $132,931.50.
  • On Monday, November 20th, Karyn Smith sold 5,213 shares of Twilio stock. The stock was sold at an average price of $25.83, for a total transaction of $134,651.79.

Shares of Twilio Inc. (TWLO) traded up $0.28 during trading hours on Thursday, reaching $25.68. 890,523 shares of the company were exchanged, compared to its average volume of 1,600,000. The company has a market capitalization of $2,390.00 and a PE ratio of -35.18. Twilio Inc. has a 12-month low of $22.80 and a 12-month high of $34.95.

Twilio (NYSE:TWLO) last issued its quarterly earnings data on Wednesday, November 8th. The technology company reported ($0.08) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.20) by $0.12. The firm had revenue of $100.54 million during the quarter, compared to analysts’ expectations of $92.50 million. Twilio had a negative net margin of 15.69% and a negative return on equity of 17.55%. Twilio’s revenue for the quarter was up 40.6% on a year-over-year basis. During the same period in the prior year, the company posted ($0.04) earnings per share. research analysts expect that Twilio Inc. will post -0.75 EPS for the current year.

A number of hedge funds have recently added to or reduced their stakes in the business. Thompson Davis & CO. Inc. boosted 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 valued at $194,000 after acquiring an additional 1,750 shares during the period. New York State Common Retirement Fund boosted its holdings in Twilio by 2.9% during the third quarter. New York State Common Retirement Fund now owns 68,400 shares of the technology company’s stock valued at $2,042,000 after acquiring an additional 1,900 shares during the period. Janney Montgomery Scott LLC boosted its holdings in Twilio by 22.0% during the third quarter. Janney Montgomery Scott LLC now owns 13,340 shares of the technology company’s stock valued at $398,000 after acquiring an additional 2,410 shares during the period. Fortaleza Asset Management Inc. boosted its holdings in Twilio by 47.0% during the third quarter. Fortaleza Asset Management Inc. now owns 7,635 shares of the technology company’s stock valued at $228,000 after acquiring an additional 2,440 shares during the period. Finally, Pacer Advisors Inc. boosted its holdings in Twilio by 56.0% during the third quarter. Pacer Advisors Inc. now owns 8,010 shares of the technology company’s stock valued at $239,000 after acquiring an additional 2,875 shares during the period. Institutional investors own 59.84% of the company’s stock.

A number of equities analysts have recently weighed in on the stock. Northland Securities set a $36.00 price target on shares of Twilio and gave the stock a “buy” rating in a research note on Monday, November 13th. Canaccord Genuity reaffirmed a “buy” rating and issued a $38.00 price target on shares of Twilio in a research note on Wednesday, December 6th. Drexel Hamilton reaffirmed a “buy” rating and issued a $47.00 price target on shares of Twilio in a research note on Monday, December 4th. Zacks Investment Research downgraded shares of Twilio from a “hold” rating to a “sell” rating in a research note on Tuesday, November 14th. Finally, KeyCorp reiterated a “hold” rating on shares of Twilio in a report on Wednesday, September 27th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Twilio currently has a consensus rating of “Buy” and an average target price of $36.83.

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About Twilio

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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