Twilio Inc. (NYSE:TWLO) Insider Dana Wagner Sells 4,130 Shares

Twilio Inc. (NYSE:TWLOGet Free Report) insider Dana Wagner sold 4,130 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The stock was sold at an average price of $62.14, for a total transaction of $256,638.20. Following the sale, the insider now owns 167,614 shares of the company’s stock, valued at $10,415,533.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Dana Wagner also recently made the following trade(s):

  • On Wednesday, February 21st, Dana Wagner sold 458 shares of Twilio stock. The stock was sold at an average price of $55.71, for a total transaction of $25,515.18.
  • On Thursday, February 15th, Dana Wagner sold 1,666 shares of Twilio stock. The stock was sold at an average price of $62.92, for a total transaction of $104,824.72.
  • On Friday, January 5th, Dana Wagner sold 754 shares of Twilio stock. The stock was sold at an average price of $68.05, for a total transaction of $51,309.70.

Twilio Stock Performance

Shares of NYSE TWLO opened at $60.93 on Thursday. Twilio Inc. has a one year low of $45.02 and a one year high of $78.16. The business’s 50-day moving average price is $63.65 and its two-hundred day moving average price is $63.84. The company has a debt-to-equity ratio of 0.10, a quick ratio of 6.64 and a current ratio of 6.64.

Twilio (NYSE:TWLOGet Free Report) last announced its quarterly earnings results on Wednesday, February 14th. The technology company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.17. Twilio had a negative return on equity of 1.66% and a negative net margin of 24.44%. The company had revenue of $1.08 billion during the quarter, compared to analysts’ expectations of $1.04 billion. Sell-side analysts anticipate that Twilio Inc. will post -0.24 earnings per share for the current year.

Institutional Trading of Twilio

Institutional investors and hedge funds have recently made changes to their positions in the stock. Synovus Financial Corp lifted its position in shares of Twilio by 6.9% in the third quarter. Synovus Financial Corp now owns 4,764 shares of the technology company’s stock worth $279,000 after buying an additional 306 shares during the last quarter. Barclays PLC lifted its position in shares of Twilio by 139.5% during the 2nd quarter. Barclays PLC now owns 245,570 shares of the technology company’s stock worth $15,624,000 after purchasing an additional 143,020 shares during the last quarter. Pearl River Capital LLC lifted its position in shares of Twilio by 363.2% during the 3rd quarter. Pearl River Capital LLC now owns 30,641 shares of the technology company’s stock worth $1,793,000 after purchasing an additional 24,026 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its position in shares of Twilio by 10.5% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 1,185,244 shares of the technology company’s stock worth $69,372,000 after purchasing an additional 113,042 shares during the last quarter. Finally, Hodges Capital Management Inc. acquired a new position in shares of Twilio during the 3rd quarter worth about $4,738,000. Institutional investors and hedge funds own 84.27% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on TWLO shares. Needham & Company LLC raised their price objective on shares of Twilio from $70.00 to $80.00 and gave the stock a “buy” rating in a research note on Wednesday, December 13th. HSBC lowered shares of Twilio from a “hold” rating to a “reduce” rating and decreased their price objective for the stock from $62.00 to $61.00 in a research note on Wednesday, February 14th. Barclays raised their price objective on shares of Twilio from $60.00 to $70.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 24th. Piper Sandler raised shares of Twilio from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $75.00 to $82.00 in a research note on Friday, January 12th. Finally, The Goldman Sachs Group lifted their target price on shares of Twilio from $69.00 to $70.00 and gave the company a “neutral” rating in a research note on Wednesday, March 6th. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $68.90.

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About Twilio

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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.

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Insider Buying and Selling by Quarter for Twilio (NYSE:TWLO)

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