Twilio Inc (NYSE:TWLO) General Counsel Karyn Smith sold 937 shares of the business’s stock in a transaction on Monday, April 15th. The stock was sold at an average price of $125.50, for a total transaction of $117,593.50. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

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

  • On Wednesday, March 20th, Karyn Smith sold 24,487 shares of Twilio stock. The stock was sold at an average price of $129.72, for a total transaction of $3,176,453.64.
  • On Friday, February 22nd, Karyn Smith sold 25,486 shares of Twilio stock. The stock was sold at an average price of $115.30, for a total transaction of $2,938,535.80.
  • On Friday, February 15th, Karyn Smith sold 1,360 shares of Twilio stock. The stock was sold at an average price of $106.22, for a total transaction of $144,459.20.
  • On Friday, January 18th, Karyn Smith sold 3,261 shares of Twilio stock. The stock was sold at an average price of $104.28, for a total transaction of $340,057.08.

Shares of Twilio stock traded down $3.48 during trading on Wednesday, reaching $123.08. The company’s stock had a trading volume of 2,682,854 shares, compared to its average volume of 4,189,253. The company has a quick ratio of 6.33, a current ratio of 6.33 and a debt-to-equity ratio of 0.99. Twilio Inc has a one year low of $39.59 and a one year high of $136.00. The stock has a market capitalization of $15.64 billion, a price-to-earnings ratio of -153.85 and a beta of 1.34.

Twilio (NYSE:TWLO) last released its quarterly earnings results on Tuesday, February 12th. The technology company reported $0.04 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.17) by $0.21. Twilio had a negative return on equity of 21.00% and a negative net margin of 18.76%. The business had revenue of $204.30 million during the quarter, compared to analysts’ expectations of $184.46 million. During the same period in the previous year, the business posted ($0.03) earnings per share. The firm’s revenue for the quarter was up 77.3% compared to the same quarter last year. As a group, sell-side analysts anticipate that Twilio Inc will post -1.08 EPS for the current year.

TWLO has been the topic of a number of research reports. Argus boosted their target price on shares of Twilio to $125.00 and gave the stock a “buy” rating in a research report on Thursday, February 14th. Guggenheim initiated coverage on shares of Twilio in a research report on Monday, March 11th. They set a “buy” rating and a $140.00 target price on the stock. KeyCorp reaffirmed an “overweight” rating and set a $114.00 target price (up previously from $103.00) on shares of Twilio in a research report on Tuesday, January 8th. Stephens assumed coverage on shares of Twilio in a research report on Monday, April 1st. They set a “hold” rating and a $110.00 target price on the stock. Finally, Morgan Stanley assumed coverage on shares of Twilio in a research note on Friday, March 15th. They set an “equal weight” rating and a $130.00 price target on the stock. Three analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $121.93.

Several institutional investors have recently added to or reduced their stakes in TWLO. Coatue Management LLC bought a new position in shares of Twilio in the fourth quarter valued at about $86,056,000. Sumitomo Mitsui Asset Management Company LTD raised its holdings in Twilio by 1,234.3% during the 4th quarter. Sumitomo Mitsui Asset Management Company LTD now owns 974,515 shares of the technology company’s stock worth $87,024,000 after purchasing an additional 901,480 shares during the last quarter. 1832 Asset Management L.P. bought a new stake in Twilio during the 4th quarter worth about $72,497,000. Vanguard Group Inc raised its holdings in Twilio by 10.5% during the 3rd quarter. Vanguard Group Inc now owns 6,480,321 shares of the technology company’s stock worth $559,122,000 after purchasing an additional 613,596 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in Twilio by 10.5% during the 3rd quarter. Vanguard Group Inc. now owns 6,480,321 shares of the technology company’s stock worth $559,122,000 after purchasing an additional 613,596 shares during the last quarter. 57.19% of the stock is owned by institutional investors and hedge funds.

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About Twilio

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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