Karyn Smith Sells 3,520 Shares of Twilio Inc (NYSE:TWLO) Stock

Twilio Inc (NYSE:TWLO) General Counsel Karyn Smith sold 3,520 shares of the firm’s stock in a transaction on Tuesday, September 18th. The stock was sold at an average price of $85.74, for a total value of $301,804.80. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Karyn Smith also recently made the following trade(s):

  • On Monday, August 20th, Karyn Smith sold 3,487 shares of Twilio stock. The stock was sold at an average price of $77.99, for a total value of $271,951.13.
  • On Wednesday, August 15th, Karyn Smith sold 2,009 shares of Twilio stock. The stock was sold at an average price of $73.71, for a total value of $148,083.39.
  • On Thursday, July 19th, Karyn Smith sold 3,522 shares of Twilio stock. The stock was sold at an average price of $63.20, for a total value of $222,590.40.
  • On Monday, July 16th, Karyn Smith sold 938 shares of Twilio stock. The stock was sold at an average price of $61.12, for a total value of $57,330.56.

Shares of TWLO traded up $5.71 during trading hours on Friday, hitting $75.00. The stock had a trading volume of 3,635,067 shares, compared to its average volume of 2,284,503. The company has a debt-to-equity ratio of 0.98, a current ratio of 7.20 and a quick ratio of 7.20. The company has a market cap of $8.41 billion, a PE ratio of -96.15 and a beta of 0.31. Twilio Inc has a 1-year low of $23.25 and a 1-year high of $88.88.

Twilio (NYSE:TWLO) last issued its earnings results on Monday, August 6th. The technology company reported $0.03 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.06) by $0.09. The company had revenue of $147.80 million during the quarter, compared to the consensus estimate of $130.39 million. Twilio had a negative return on equity of 21.41% and a negative net margin of 18.29%. The firm’s revenue for the quarter was up 54.1% compared to the same quarter last year. During the same period last year, the business posted ($0.05) EPS. Analysts expect that Twilio Inc will post -0.78 EPS for the current fiscal year.

Several research firms have recently weighed in on TWLO. Bank of America lifted their price objective on Twilio from $63.00 to $75.00 and gave the stock a “buy” rating in a research report on Tuesday, August 7th. Robert W. Baird lifted their price objective on Twilio from $50.00 to $82.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 7th. Piper Jaffray Companies reissued a “buy” rating and issued a $85.00 price objective on shares of Twilio in a research report on Tuesday, August 7th. Oppenheimer lifted their price objective on Twilio from $60.00 to $80.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 7th. Finally, Canaccord Genuity reissued a “buy” rating and issued a $80.00 price objective (up from $52.00) on shares of Twilio in a research report on Monday, August 6th. Two equities research analysts have rated the stock with a hold rating and twenty have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $76.55.

Several institutional investors and hedge funds have recently modified their holdings of the company. Hollencrest Capital Management acquired a new stake in shares of Twilio in the 3rd quarter valued at about $304,000. United Services Automobile Association boosted its stake in Twilio by 2.2% during the 2nd quarter. United Services Automobile Association now owns 113,686 shares of the technology company’s stock valued at $6,369,000 after purchasing an additional 2,426 shares during the last quarter. Rehmann Capital Advisory Group acquired a new position in Twilio during the 2nd quarter valued at about $489,000. Public Employees Retirement System of Ohio acquired a new position in Twilio during the 2nd quarter valued at about $18,311,000. Finally, Nomura Holdings Inc. boosted its stake in Twilio by 2,308.0% during the 2nd quarter. Nomura Holdings Inc. now owns 361,200 shares of the technology company’s stock valued at $20,234,000 after purchasing an additional 346,200 shares during the last quarter. Institutional investors own 57.90% of the company’s stock.

Twilio Company Profile

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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