Twilio Inc. (NYSE:TWLO - Get Free Report) insider Dana Wagner sold 4,130 shares of the firm's stock in a transaction dated Monday, April 1st. The shares were sold at an average price of $62.14, for a total value of $256,638.20. Following the completion of the transaction, the insider now owns 167,614 shares of the company's stock, valued at approximately $10,415,533.96. The sale was disclosed in a document filed with the SEC, which is available through this link.
Dana Wagner also recently made the following trade(s):
- On Wednesday, February 21st, Dana Wagner sold 458 shares of Twilio stock. The shares were sold at an average price of $55.71, for a total value of $25,515.18.
- On Thursday, February 15th, Dana Wagner sold 1,666 shares of Twilio stock. The shares were sold at an average price of $62.92, for a total value of $104,824.72.
- On Friday, January 5th, Dana Wagner sold 754 shares of Twilio stock. The shares were sold at an average price of $68.05, for a total transaction of $51,309.70.
Twilio Stock Up 0.1 %
NYSE TWLO opened at $60.93 on Thursday. The company has a current ratio of 6.64, a quick ratio of 6.64 and a debt-to-equity ratio of 0.10. Twilio Inc. has a 1-year low of $45.02 and a 1-year high of $78.16. The company has a 50 day moving average of $63.65 and a 200-day moving average of $63.84.
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Twilio (NYSE:TWLO - Get Free Report) last released its quarterly earnings results on Wednesday, February 14th. The technology company reported ($0.03) earnings per share for the quarter, beating analysts' consensus estimates of ($0.20) by $0.17. Twilio had a negative net margin of 24.44% and a negative return on equity of 1.66%. The company had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.04 billion. As a group, equities research analysts expect that Twilio Inc. will post -0.24 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on TWLO shares. HSBC downgraded shares of Twilio from a "hold" rating to a "reduce" rating and cut their target price for the company from $62.00 to $61.00 in a research note on Wednesday, February 14th. TD Cowen cut their target price on shares of Twilio from $72.00 to $65.00 and set a "market perform" rating for the company in a research note on Wednesday, March 6th. Piper Sandler upgraded shares of Twilio from a "neutral" rating to an "overweight" rating and raised their target price for the company from $75.00 to $82.00 in a research note on Friday, January 12th. Stifel Nicolaus cut their target price on shares of Twilio from $70.00 to $60.00 and set a "hold" rating for the company in a research note on Wednesday, March 6th. Finally, UBS Group cut their target price on shares of Twilio from $82.00 to $74.00 and set a "buy" rating for the company in a research note on Wednesday, March 6th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, Twilio has a consensus rating of "Hold" and a consensus price target of $68.90.
View Our Latest Research Report on TWLO
Institutional Investors Weigh In On Twilio
A number of hedge funds and other institutional investors have recently made changes to their positions in TWLO. PNC Financial Services Group Inc. increased its stake in Twilio by 5.4% in the fourth quarter. PNC Financial Services Group Inc. now owns 15,935 shares of the technology company's stock valued at $1,209,000 after acquiring an additional 823 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund bought a new position in Twilio in the fourth quarter valued at approximately $4,815,000. Ables Iannone Moore & Associates Inc. bought a new position in Twilio in the fourth quarter valued at approximately $1,689,000. Vanguard Group Inc. increased its stake in Twilio by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 17,809,573 shares of the technology company's stock valued at $1,351,212,000 after acquiring an additional 241,738 shares during the last quarter. Finally, Greenwood Capital Associates LLC bought a new position in Twilio in the fourth quarter valued at approximately $478,000. 84.27% of the stock is currently owned by institutional investors and hedge funds.
About Twilio
(
Get Free Report)
Twilio Inc, together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. It operates through two segments, Twilio Communications and Twilio Segment. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, flex, marketing campaigns, and user identity and authentication.
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