Twilio Inc (NYSE:TWLO) CFO Lee Kirkpatrick sold 17,636 shares of the business’s stock in a transaction on Monday, September 17th. The stock was sold at an average price of $86.81, for a total transaction of $1,530,981.16. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Lee Kirkpatrick also recently made the following trade(s):

  • On Friday, September 14th, Lee Kirkpatrick sold 14,000 shares of Twilio stock. The stock was sold at an average price of $86.76, for a total transaction of $1,214,640.00.
  • On Thursday, August 16th, Lee Kirkpatrick sold 15,635 shares of Twilio stock. The stock was sold at an average price of $75.57, for a total transaction of $1,181,536.95.
  • On Monday, July 16th, Lee Kirkpatrick sold 12,000 shares of Twilio stock. The stock was sold at an average price of $61.20, for a total transaction of $734,400.00.

Shares of Twilio stock traded up $0.97 on Tuesday, hitting $85.38. The company’s stock had a trading volume of 2,159,200 shares, compared to its average volume of 2,258,768. Twilio Inc has a 52-week low of $23.25 and a 52-week high of $87.91. The company has a quick ratio of 7.20, a current ratio of 7.20 and a debt-to-equity ratio of 0.98. The firm has a market capitalization of $8.51 billion, a PE ratio of -109.69 and a beta of 0.26.

Twilio (NYSE:TWLO) last released its quarterly earnings data on Monday, August 6th. The technology company reported $0.03 EPS for the quarter, topping the consensus estimate of ($0.06) by $0.09. Twilio had a negative net margin of 18.29% and a negative return on equity of 21.41%. The business had revenue of $147.80 million for the quarter, compared to analyst estimates of $130.39 million. During the same period in the previous year, the firm earned ($0.05) EPS. The business’s revenue for the quarter was up 54.1% compared to the same quarter last year. research analysts expect that Twilio Inc will post -0.78 EPS for the current fiscal year.

Several institutional investors have recently added to or reduced their stakes in the stock. Denver Investment Advisors LLC raised its stake in Twilio by 6.1% in the 1st quarter. Denver Investment Advisors LLC now owns 17,437 shares of the technology company’s stock valued at $666,000 after purchasing an additional 1,006 shares during the last quarter. Xact Kapitalforvaltning AB raised its stake in Twilio by 12.1% in the 2nd quarter. Xact Kapitalforvaltning AB now owns 10,188 shares of the technology company’s stock valued at $571,000 after purchasing an additional 1,100 shares during the last quarter. Kopp Investment Advisors LLC raised its stake in Twilio by 1.8% in the 2nd quarter. Kopp Investment Advisors LLC now owns 69,125 shares of the technology company’s stock valued at $3,872,000 after purchasing an additional 1,240 shares during the last quarter. Peloton Wealth Strategists raised its stake in Twilio by 4.7% in the 2nd quarter. Peloton Wealth Strategists now owns 28,690 shares of the technology company’s stock valued at $1,607,000 after purchasing an additional 1,290 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in Twilio by 23.2% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,489 shares of the technology company’s stock valued at $476,000 after purchasing an additional 1,600 shares during the last quarter. Institutional investors and hedge funds own 57.90% of the company’s stock.

Several equities research analysts have commented on the stock. Piper Jaffray Companies restated a “buy” rating and set a $85.00 target price on shares of Twilio in a research report on Tuesday, August 7th. Mitsubishi UFJ Financial Group boosted their target price on shares of Twilio to $82.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 14th. Bank of America boosted their target price on shares of Twilio from $63.00 to $75.00 and gave the stock a “buy” rating in a research report on Tuesday, August 7th. Northland Securities restated a “buy” rating and set a $75.00 target price on shares of Twilio in a research report on Tuesday, August 7th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Twilio to $75.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 7th. Four research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. Twilio presently has an average rating of “Buy” and an average price target of $72.36.

Twilio Company Profile

Twilio Inc provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications in the United States and internationally. The company's programmable communications cloud provides a set of application programming interfaces that enable developers to embed voice, messaging, and video capabilities into their applications.

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Insider Buying and Selling by Quarter for Twilio (NYSE:TWLO)

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