Aidan Viggiano Sells 1,514 Shares of Twilio (NYSE:TWLO) Stock

Twilio Inc. (NYSE:TWLO) CFO Aidan Viggiano sold 1,514 shares of the company’s stock in a transaction dated Monday, November 17th. The shares were sold at an average price of $123.28, for a total value of $186,645.92. Following the completion of the sale, the chief financial officer directly owned 128,104 shares of the company’s stock, valued at approximately $15,792,661.12. This trade represents a 1.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Thursday, October 9th, Aidan Viggiano sold 8,035 shares of Twilio stock. The shares were sold at an average price of $115.00, for a total transaction of $924,025.00.
• On Tuesday, September 30th, Aidan Viggiano sold 8,363 shares of Twilio stock. The stock was sold at an average price of $100.59, for a total transaction of $841,234.17.

Twilio Trading Down 0.4%

Shares of TWLO stock traded down $0.45 on Wednesday, hitting $120.23. The stock had a trading volume of 1,718,594 shares, compared to its average volume of 3,049,107. The firm has a market cap of $18.45 billion, a P/E ratio of 293.24, a PEG ratio of 3.22 and a beta of 1.33. Twilio Inc. has a twelve month low of $77.51 and a twelve month high of $151.95. The company has a current ratio of 4.68, a quick ratio of 4.68 and a debt-to-equity ratio of 0.13. The company has a fifty day moving average price of $112.61 and a two-hundred day moving average price of $114.50.

Twilio (NYSE:TWLO) last posted its earnings results on Thursday, October 30th. The technology company reported $1.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.18. The firm had revenue of $1.30 billion during the quarter, compared to analysts’ expectations of $1.25 billion. Twilio had a return on equity of 3.36% and a net margin of 1.37%.The company’s revenue was up 14.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.02 earnings per share. Twilio has set its Q4 2025 guidance at 1.170-1.22 EPS. As a group, analysts forecast that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in Twilio by 2.6% in the 3rd quarter. Vanguard Group Inc. now owns 15,305,989 shares of the technology company’s stock valued at $1,531,976,000 after purchasing an additional 392,023 shares during the last quarter. State Street Corp raised its stake in Twilio by 47.8% in the third quarter. State Street Corp now owns 5,879,395 shares of the technology company’s stock valued at $588,469,000 after buying an additional 1,900,551 shares during the period. Jericho Capital Asset Management L.P. lifted its position in shares of Twilio by 17.7% in the first quarter. Jericho Capital Asset Management L.P. now owns 3,280,363 shares of the technology company’s stock valued at $321,180,000 after buying an additional 493,000 shares during the last quarter. Alyeska Investment Group L.P. boosted its stake in shares of Twilio by 39.7% during the 3rd quarter. Alyeska Investment Group L.P. now owns 2,643,859 shares of the technology company’s stock worth $264,624,000 after acquiring an additional 750,951 shares during the period. Finally, Invesco Ltd. raised its stake in Twilio by 225.0% in the 3rd quarter. Invesco Ltd. now owns 2,009,237 shares of the technology company’s stock valued at $201,105,000 after acquiring an additional 1,391,013 shares during the period. Institutional investors own 84.27% of the company’s stock.

Analysts Set New Price Targets

TWLO has been the subject of several research reports. Monness Crespi & Hardt increased their price objective on shares of Twilio from $165.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Rosenblatt Securities reaffirmed a “buy” rating and issued a $140.00 target price on shares of Twilio in a research note on Friday, October 31st. Mizuho boosted their price target on Twilio from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, October 31st. Wall Street Zen cut Twilio from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 11th. Finally, Stifel Nicolaus boosted their target price on Twilio from $110.00 to $120.00 and gave the company a “hold” rating in a research note on Friday, October 31st. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $139.26.

Twilio Company Profile

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.