Twilio (TWLO) General Counsel Karyn Smith Sells 938 Shares

Twilio (NYSE:TWLO) General Counsel Karyn Smith sold 938 shares of the business’s stock in a transaction that occurred on Monday, April 16th. The shares were sold at an average price of $39.36, for a total value of $36,919.68. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

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  • On Tuesday, March 20th, Karyn Smith sold 3,742 shares of Twilio stock. The shares were sold at an average price of $40.68, for a total value of $152,224.56.
  • On Monday, March 5th, Karyn Smith sold 20,000 shares of Twilio stock. The shares were sold at an average price of $38.07, for a total value of $761,400.00.
  • On Wednesday, February 21st, Karyn Smith sold 4,611 shares of Twilio stock. The stock was sold at an average price of $33.38, for a total value of $153,915.18.
  • On Thursday, February 15th, Karyn Smith sold 2,952 shares of Twilio stock. The stock was sold at an average price of $30.84, for a total value of $91,039.68.
  • On Thursday, January 18th, Karyn Smith sold 4,213 shares of Twilio stock. The stock was sold at an average price of $25.54, for a total value of $107,600.02.

NYSE TWLO traded down $0.25 on Thursday, hitting $42.09. 333,015 shares of the company traded hands, compared to its average volume of 2,070,232. The company has a market capitalization of $3,879.45, a PE ratio of -54.28 and a beta of -0.48. Twilio has a 52-week low of $22.80 and a 52-week high of $42.54.

Twilio (NYSE:TWLO) last released its earnings results on Tuesday, February 13th. The technology company reported ($0.17) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.18) by $0.01. The company had revenue of $115.24 million for the quarter, compared to the consensus estimate of $103.51 million. Twilio had a negative return on equity of 19.52% and a negative net margin of 15.97%. sell-side analysts anticipate that Twilio will post -0.69 earnings per share for the current fiscal year.

Several brokerages recently issued reports on TWLO. Vetr downgraded Twilio from a “buy” rating to a “hold” rating and set a $42.47 price target for the company. in a report on Wednesday. Northland Securities lifted their price objective on Twilio from $39.00 to $46.00 and gave the company an “outperform” rating in a research note on Wednesday, April 11th. Monness Crespi & Hardt started coverage on Twilio in a research note on Wednesday, April 11th. They set a “buy” rating and a $60.00 price objective for the company. Dougherty & Co started coverage on Twilio in a research note on Tuesday, April 10th. They set a “buy” rating and a $45.00 price objective for the company. Finally, Zacks Investment Research upgraded Twilio from a “sell” rating to a “hold” rating in a research note on Friday, April 6th. One research analyst has rated the stock with a sell rating, five have given a hold rating and sixteen have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $40.30.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. increased its stake in Twilio by 6.2% during the fourth quarter. BlackRock Inc. now owns 4,091,535 shares of the technology company’s stock worth $96,561,000 after acquiring an additional 239,782 shares during the last quarter. Technology Crossover Management IX Ltd. bought a new stake in Twilio in the 4th quarter valued at about $47,599,000. Franklin Resources Inc. lifted its position in Twilio by 27.2% in the 4th quarter. Franklin Resources Inc. now owns 1,650,883 shares of the technology company’s stock valued at $38,961,000 after purchasing an additional 352,970 shares during the last quarter. Allianz Asset Management GmbH lifted its position in Twilio by 9.5% in the 4th quarter. Allianz Asset Management GmbH now owns 1,498,070 shares of the technology company’s stock valued at $35,354,000 after purchasing an additional 130,325 shares during the last quarter. Finally, Sumitomo Mitsui Asset Management Company LTD lifted its position in Twilio by 6.6% in the 4th quarter. Sumitomo Mitsui Asset Management Company LTD now owns 1,420,450 shares of the technology company’s stock valued at $33,522,000 after purchasing an additional 87,585 shares during the last quarter. Institutional investors own 60.32% of the company’s stock.

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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.

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

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