Insider Selling: Twilio Inc (NYSE:TWLO) CFO Sells 15,347 Shares of Stock

Twilio Inc (NYSE:TWLO) CFO Khozema Shipchandler sold 15,347 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $104.35, for a total transaction of $1,601,459.45. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Khozema Shipchandler also recently made the following trade(s):

  • On Friday, November 15th, Khozema Shipchandler sold 12,375 shares of Twilio stock. The shares were sold at an average price of $98.46, for a total transaction of $1,218,442.50.

Twilio stock traded up $0.76 during mid-day trading on Friday, hitting $104.29. The company’s stock had a trading volume of 1,963,524 shares, compared to its average volume of 4,138,249. The company has a quick ratio of 9.57, a current ratio of 9.57 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $14.31 billion, a P/E ratio of -130.36 and a beta of 1.14. Twilio Inc has a twelve month low of $73.15 and a twelve month high of $151.00. The stock’s fifty day moving average price is $104.02 and its two-hundred day moving average price is $125.15.

Twilio (NYSE:TWLO) last posted its quarterly earnings results on Wednesday, October 30th. The technology company reported $0.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.02. Twilio had a negative net margin of 26.20% and a negative return on equity of 6.02%. The firm had revenue of $295.00 million for the quarter, compared to analyst estimates of $287.96 million. During the same quarter in the previous year, the business posted $0.07 earnings per share. The firm’s quarterly revenue was up 74.6% compared to the same quarter last year. Equities analysts expect that Twilio Inc will post -1.5 earnings per share for the current year.

A number of institutional investors have recently bought and sold shares of TWLO. DNB Asset Management AS acquired a new position in Twilio in the 2nd quarter worth approximately $1,472,000. WINTON GROUP Ltd boosted its stake in Twilio by 43.7% in the 2nd quarter. WINTON GROUP Ltd now owns 3,038 shares of the technology company’s stock worth $414,000 after purchasing an additional 924 shares during the period. Gulf International Bank UK Ltd acquired a new position in Twilio in the 2nd quarter worth approximately $3,622,000. Valeo Financial Advisors LLC boosted its stake in Twilio by 56.7% in the 2nd quarter. Valeo Financial Advisors LLC now owns 282 shares of the technology company’s stock worth $38,000 after purchasing an additional 102 shares during the period. Finally, Evanson Asset Management LLC acquired a new position in Twilio in the 2nd quarter worth approximately $206,000. 75.99% of the stock is owned by hedge funds and other institutional investors.

A number of research analysts recently commented on the stock. Monness Crespi & Hardt lowered shares of Twilio from a “buy” rating to a “neutral” rating in a research note on Thursday, October 31st. Canaccord Genuity lowered their price objective on shares of Twilio from $155.00 to $125.00 and set a “buy” rating on the stock in a research note on Thursday, October 31st. Oppenheimer lowered their price objective on shares of Twilio from $160.00 to $145.00 and set an “outperform” rating on the stock in a research note on Friday, October 11th. Morgan Stanley upgraded shares of Twilio from an “equal” rating to a “weight” rating and lifted their price target for the stock from $130.00 to $135.00 in a research report on Thursday, September 19th. Finally, Zacks Investment Research upgraded shares of Twilio from a “sell” rating to a “hold” rating and set a $103.00 price target on the stock in a research report on Friday, November 15th. Three equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Twilio has a consensus rating of “Buy” and a consensus price target of $137.25.

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

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