Twilio Inc. (NYSE:TWLO – Get Free Report) CFO Aidan Viggiano sold 8,035 shares of the business’s stock in a transaction on Thursday, October 9th. The stock was sold at an average price of $115.00, for a total transaction of $924,025.00. Following the completion of the sale, the chief financial officer owned 129,618 shares of the company’s stock, valued at $14,906,070. The trade was a 5.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Aidan Viggiano also recently made the following trade(s):
- On Tuesday, September 30th, Aidan Viggiano sold 8,363 shares of Twilio stock. The shares were sold at an average price of $100.59, for a total transaction of $841,234.17.
- On Friday, August 15th, Aidan Viggiano sold 1,807 shares of Twilio stock. The stock was sold at an average price of $105.94, for a total transaction of $191,433.58.
Twilio Stock Down 1.6%
TWLO stock opened at $106.16 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.90 and a quick ratio of 4.90. The company has a 50-day moving average of $104.62 and a two-hundred day moving average of $109.04. The stock has a market capitalization of $16.29 billion, a price-to-earnings ratio of 884.74, a price-to-earnings-growth ratio of 3.34 and a beta of 1.25. Twilio Inc. has a 52-week low of $69.40 and a 52-week high of $151.95.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on the company. UBS Group lowered their price objective on Twilio from $150.00 to $135.00 and set a “buy” rating on the stock in a research note on Friday, August 8th. Piper Sandler boosted their price target on Twilio from $140.00 to $144.00 and gave the company an “overweight” rating in a research note on Friday, August 8th. Wells Fargo & Company began coverage on Twilio in a research note on Tuesday, September 30th. They set an “overweight” rating and a $130.00 price objective for the company. Royal Bank Of Canada restated an “underperform” rating and issued a $75.00 target price on shares of Twilio in a research note on Wednesday, September 17th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Twilio in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $130.22.
Check Out Our Latest Analysis on TWLO
Hedge Funds Weigh In On Twilio
Hedge funds have recently added to or reduced their stakes in the company. LRI Investments LLC acquired a new position in Twilio during the 1st quarter valued at about $25,000. GFG Capital LLC acquired a new position in Twilio in the second quarter valued at approximately $25,000. CENTRAL TRUST Co acquired a new position in Twilio in the second quarter valued at approximately $25,000. Hilltop National Bank bought a new position in Twilio in the second quarter valued at approximately $26,000. Finally, Financial Gravity Asset Management Inc. acquired a new stake in Twilio during the 1st quarter worth $28,000. Institutional investors own 84.27% of the company’s stock.
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.
Further Reading
- Five stocks we like better than Twilio
- Buy P&G Now, Before It Sets A New All-Time High
- Salesforce’s Long-Awaited Inflection is Here: Rally On!
- Large Cap Stock Definition and How to Invest
- Rocket Lab USA Receives Wall Street Validation: Time to Buy?
- Should You Invest in Penny Stocks?
- Archer Buys Rival’s Patent Treasure Trove in Strategic Move
Receive News & Ratings for Twilio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twilio and related companies with MarketBeat.com's FREE daily email newsletter.