Twilio Inc. (NYSE:TWLO – Get Free Report) CFO Aidan Viggiano sold 806 shares of the stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $125.00, for a total transaction of $100,750.00. Following the sale, the chief financial officer directly owned 147,961 shares of the company’s stock, valued at approximately $18,495,125. The trade was a 0.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Aidan Viggiano also recently made the following trade(s):
- On Tuesday, February 17th, Aidan Viggiano sold 1,023 shares of Twilio stock. The stock was sold at an average price of $110.66, for a total transaction of $113,205.18.
- On Monday, January 5th, Aidan Viggiano sold 7,213 shares of Twilio stock. The stock was sold at an average price of $135.97, for a total transaction of $980,751.61.
- On Wednesday, December 31st, Aidan Viggiano sold 8,109 shares of Twilio stock. The shares were sold at an average price of $143.38, for a total transaction of $1,162,668.42.
Twilio Stock Down 0.4%
NYSE TWLO traded down $0.48 on Wednesday, hitting $123.03. The stock had a trading volume of 2,141,749 shares, compared to its average volume of 2,753,393. The business’s fifty day moving average price is $124.39 and its 200 day moving average price is $119.06. The stock has a market cap of $18.88 billion, a price-to-earnings ratio of 647.56, a price-to-earnings-growth ratio of 5.08 and a beta of 1.30. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.03 and a quick ratio of 4.03. Twilio Inc. has a 52-week low of $77.51 and a 52-week high of $145.90.
Wall Street Analyst Weigh In
A number of research firms recently commented on TWLO. FBN Securities upgraded shares of Twilio to a “strong-buy” rating in a research note on Wednesday, November 12th. BTIG Research lowered their price objective on shares of Twilio from $165.00 to $155.00 and set a “buy” rating for the company in a research note on Friday, February 13th. Jefferies Financial Group reissued a “hold” rating and set a $125.00 price objective on shares of Twilio in a report on Friday, February 13th. Citizens Jmp raised their target price on Twilio from $165.00 to $185.00 and gave the stock a “market outperform” rating in a research note on Tuesday, December 30th. Finally, Wall Street Zen cut Twilio from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 11th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, Twilio currently has an average rating of “Moderate Buy” and an average price target of $145.22.
Read Our Latest Research Report on Twilio
Institutional Inflows and Outflows
Several institutional investors have recently bought and sold shares of the stock. Northwestern Mutual Investment Management Company LLC acquired a new stake in shares of Twilio in the 3rd quarter worth approximately $3,423,000. Bank of New York Mellon Corp boosted its position in Twilio by 57.0% during the third quarter. Bank of New York Mellon Corp now owns 1,212,436 shares of the technology company’s stock worth $121,353,000 after purchasing an additional 440,423 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Twilio by 54.5% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 90,517 shares of the technology company’s stock worth $9,060,000 after buying an additional 31,938 shares during the last quarter. Federated Hermes Inc. raised its stake in shares of Twilio by 19.7% during the 3rd quarter. Federated Hermes Inc. now owns 70,294 shares of the technology company’s stock worth $7,036,000 after buying an additional 11,577 shares during the last quarter. Finally, Hood River Capital Management LLC boosted its position in shares of Twilio by 36.2% in the 2nd quarter. Hood River Capital Management LLC now owns 133,529 shares of the technology company’s stock worth $16,606,000 after buying an additional 35,468 shares in the last quarter. 84.27% of the stock is currently owned by hedge funds and other institutional investors.
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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