Twilio Inc. (NYSE:TWLO – Get Free Report) CFO Aidan Viggiano sold 1,394 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $234.48, for a total transaction of $326,865.12. Following the transaction, the chief financial officer directly owned 108,330 shares of the company’s stock, valued at approximately $25,401,218.40. This represents a 1.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Aidan Viggiano also recently made the following trade(s):
- On Thursday, July 2nd, Aidan Viggiano sold 8,528 shares of Twilio stock. The stock was sold at an average price of $205.43, for a total value of $1,751,907.04.
- On Tuesday, June 30th, Aidan Viggiano sold 9,093 shares of Twilio stock. The shares were sold at an average price of $201.25, for a total transaction of $1,829,966.25.
Twilio Stock Performance
Twilio stock opened at $220.07 on Friday. The firm’s fifty day moving average price is $207.04 and its 200-day moving average price is $168.98. The company has a debt-to-equity ratio of 0.11, a quick ratio of 4.62 and a current ratio of 4.62. The stock has a market cap of $33.80 billion, a P/E ratio of 30.65, a price-to-earnings-growth ratio of 3.73 and a beta of 1.37. Twilio Inc. has a fifty-two week low of $98.44 and a fifty-two week high of $258.35.
Analysts Set New Price Targets
A number of research firms have recently commented on TWLO. Mizuho set a $270.00 target price on Twilio in a research note on Wednesday, August 12th. Needham & Company LLC increased their price objective on Twilio from $250.00 to $280.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Zacks Research raised Twilio from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 13th. Morgan Stanley restated an “overweight” rating and set a $261.00 target price on shares of Twilio in a report on Friday, August 7th. Finally, Piper Sandler upped their target price on shares of Twilio from $192.00 to $247.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $249.68.
Check Out Our Latest Research Report on Twilio
Institutional Trading of Twilio
A number of institutional investors have recently made changes to their positions in TWLO. SHP Wealth Management bought a new stake in Twilio during the fourth quarter valued at about $26,000. Zions Bancorporation National Association UT bought a new position in shares of Twilio in the fourth quarter worth about $29,000. Aster Capital Management DIFC Ltd purchased a new position in shares of Twilio during the 4th quarter valued at about $29,000. Osbon Capital Management LLC purchased a new position in shares of Twilio during the 4th quarter valued at about $30,000. Finally, Hilltop National Bank bought a new position in shares of Twilio during the 2nd quarter valued at approximately $50,000. Hedge funds and other institutional investors own 84.27% of the company’s stock.
About Twilio
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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