Twilio Inc. (NYSE:TWLO – Get Free Report) CFO Aidan Viggiano sold 8,528 shares of the company’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $205.43, for a total transaction of $1,751,907.04. Following the completion of the sale, the chief financial officer owned 109,724 shares in the company, valued at approximately $22,540,601.32. This trade represents a 7.21% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Aidan Viggiano also recently made the following trade(s):
- On Tuesday, June 30th, Aidan Viggiano sold 9,093 shares of Twilio stock. The stock was sold at an average price of $201.25, for a total value of $1,829,966.25.
- On Tuesday, May 19th, Aidan Viggiano sold 1,828 shares of Twilio stock. The stock was sold at an average price of $200.00, for a total value of $365,600.00.
- 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.
Twilio Trading Up 1.3%
Shares of NYSE TWLO opened at $211.86 on Wednesday. The company has a quick ratio of 4.66, a current ratio of 4.66 and a debt-to-equity ratio of 0.13. The stock’s 50 day moving average price is $195.20 and its two-hundred day moving average price is $151.13. Twilio Inc. has a 52-week low of $91.84 and a 52-week high of $238.48. The stock has a market capitalization of $32.15 billion, a P/E ratio of 331.04, a PEG ratio of 4.16 and a beta of 1.36.
Hedge Funds Weigh In On Twilio
Institutional investors have recently modified their holdings of the company. Raleigh Capital Management Inc. acquired a new stake in shares of Twilio in the 4th quarter worth about $26,000. SHP Wealth Management acquired a new position in Twilio during the 4th quarter valued at about $26,000. Zions Bancorporation National Association UT bought a new position in Twilio in the 4th quarter worth about $29,000. Aster Capital Management DIFC Ltd bought a new position in Twilio in the 4th quarter worth about $29,000. Finally, Osbon Capital Management LLC acquired a new stake in shares of Twilio in the fourth quarter valued at approximately $30,000. Institutional investors own 84.27% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on TWLO. Piper Sandler lifted their price target on shares of Twilio from $130.00 to $192.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Oppenheimer increased their price objective on shares of Twilio from $200.00 to $235.00 and gave the stock an “outperform” rating in a research note on Monday, May 18th. Citizens Jmp raised their target price on shares of Twilio from $185.00 to $210.00 and gave the stock a “market outperform” rating in a report on Friday, May 1st. The Goldman Sachs Group started coverage on Twilio in a research note on Wednesday, June 24th. They issued a “buy” rating and a $300.00 target price for the company. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $200.00 target price on shares of Twilio in a report on Friday, May 1st. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Twilio currently has an average rating of “Moderate Buy” and an average price target of $207.41.
Check Out Our Latest Research Report on TWLO
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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