Twilio Inc. (NYSE:TWLO) CFO Sells $173,193.41 in Stock

Twilio Inc. (NYSE:TWLO) CFO Aidan Viggiano sold 1,391 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $124.51, for a total transaction of $173,193.41. Following the transaction, the chief financial officer now owns 152,519 shares in the company, valued at $18,990,140.69. This trade represents a 0.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Aidan Viggiano also recently made the following trade(s):

• On Monday, January 6th, Aidan Viggiano sold 6,552 shares of Twilio stock. The stock was sold at an average price of $113.55, for a total transaction of $743,979.60.

Twilio Stock Down 3.3 %

TWLO opened at $114.16 on Friday. The stock’s 50 day moving average price is $122.06 and its 200 day moving average price is $91.96. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.06 and a quick ratio of 5.06. The stock has a market cap of $17.51 billion, a P/E ratio of -178.37, a P/E/G ratio of 4.30 and a beta of 1.43. Twilio Inc. has a 12 month low of $52.51 and a 12 month high of $151.95.

Twilio (NYSE:TWLO) last issued its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.77). The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.19 billion. Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. As a group, research analysts predict that Twilio Inc. will post 1.44 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on TWLO. TD Cowen lifted their price target on Twilio from $70.00 to $85.00 and gave the stock a “hold” rating in a research note on Thursday, October 31st. Oppenheimer lifted their target price on Twilio from $90.00 to $160.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Baird R W raised Twilio from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 24th. Stifel Nicolaus raised their price objective on Twilio from $130.00 to $135.00 and gave the stock a “hold” rating in a research note on Friday, February 14th. Finally, William Blair reiterated an “outperform” rating on shares of Twilio in a research note on Friday, February 14th. One analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $130.91.

Institutional Trading of Twilio

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. JFS Wealth Advisors LLC increased its stake in shares of Twilio by 244.0% during the fourth quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company’s stock valued at $41,000 after acquiring an additional 266 shares during the period. Parkside Financial Bank & Trust boosted its stake in Twilio by 79.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company’s stock valued at $41,000 after purchasing an additional 166 shares in the last quarter. Centricity Wealth Management LLC acquired a new position in shares of Twilio during the 4th quarter valued at $44,000. True Wealth Design LLC raised its stake in shares of Twilio by 5,200.0% in the 3rd quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock worth $28,000 after buying an additional 416 shares in the last quarter. Finally, Private Trust Co. NA lifted its holdings in shares of Twilio by 395.6% in the fourth quarter. Private Trust Co. NA now owns 451 shares of the technology company’s stock valued at $49,000 after buying an additional 360 shares during the period. 84.27% of the stock is currently owned by institutional investors.

About Twilio

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.