Twilio Inc. (NYSE:TWLO – Get Free Report) CFO Aidan Viggiano sold 1,828 shares of Twilio stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $200.00, for a total value of $365,600.00. Following the transaction, the chief financial officer directly owned 127,345 shares in the company, valued at approximately $25,469,000. The trade was a 1.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Aidan Viggiano also recently made the following trade(s):
- On Friday, May 15th, Aidan Viggiano sold 1,376 shares of Twilio stock. The shares were sold at an average price of $197.44, for a total value of $271,677.44.
- On Thursday, April 2nd, Aidan Viggiano sold 9,389 shares of Twilio stock. The shares were sold at an average price of $127.51, for a total value of $1,197,191.39.
- On Tuesday, March 31st, Aidan Viggiano sold 8,231 shares of Twilio stock. The shares were sold at an average price of $122.79, for a total value of $1,010,684.49.
- On Monday, March 2nd, Aidan Viggiano sold 806 shares of Twilio stock. The shares were sold at an average price of $125.00, for a total value of $100,750.00.
Twilio Trading Up 2.5%
NYSE:TWLO opened at $187.95 on Friday. The company has a quick ratio of 4.66, a current ratio of 4.66 and a debt-to-equity ratio of 0.13. Twilio Inc. has a 1-year low of $91.84 and a 1-year high of $203.71. The firm has a market capitalization of $28.52 billion, a price-to-earnings ratio of 293.67, a price-to-earnings-growth ratio of 3.81 and a beta of 1.32. The stock has a fifty day simple moving average of $149.11 and a 200 day simple moving average of $134.49.
Wall Street Analysts Forecast Growth
TWLO has been the subject of a number of recent analyst reports. Citigroup reiterated an “outperform” rating on shares of Twilio in a research report on Friday, May 1st. Oppenheimer raised their price objective on Twilio from $200.00 to $235.00 and gave the stock an “outperform” rating in a research report on Monday, May 18th. KeyCorp raised their price objective on Twilio from $156.00 to $200.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Citizens Jmp raised their price objective on Twilio from $185.00 to $210.00 and gave the stock a “market outperform” rating in a research report on Friday, May 1st. Finally, Stifel Nicolaus set a $175.00 price objective on Twilio in a research report on Friday, May 1st. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $195.40.
View Our Latest Stock Report on Twilio
Institutional Investors Weigh In On Twilio
A number of institutional investors have recently bought and sold shares of the business. Western Wealth Management LLC acquired a new stake in Twilio during the 1st quarter worth about $144,000. Oddo BHF Asset Management Sas lifted its holdings in shares of Twilio by 5.4% during the 1st quarter. Oddo BHF Asset Management Sas now owns 19,987 shares of the technology company’s stock valued at $2,515,000 after buying an additional 1,018 shares during the last quarter. Atreides Management LP lifted its holdings in shares of Twilio by 28.5% during the 1st quarter. Atreides Management LP now owns 921,602 shares of the technology company’s stock valued at $115,956,000 after buying an additional 204,656 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Twilio by 30.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,405 shares of the technology company’s stock valued at $177,000 after buying an additional 324 shares during the last quarter. Finally, Readystate Asset Management LP lifted its holdings in shares of Twilio by 26.5% during the 1st quarter. Readystate Asset Management LP now owns 39,883 shares of the technology company’s stock valued at $5,018,000 after buying an additional 8,356 shares during the last quarter. 84.27% of the stock is currently owned by institutional investors and hedge funds.
Twilio Company Profile
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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