Karyn Smith Sells 1,360 Shares of Twilio Inc (TWLO) Stock

Twilio Inc (NYSE:TWLO) General Counsel Karyn Smith sold 1,360 shares of the stock in a transaction that occurred on Friday, February 15th. The stock was sold at an average price of $106.22, for a total value of $144,459.20. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

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

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On Friday, January 18th, Karyn Smith sold 3,261 shares of Twilio stock. The stock was sold at an average price of $104.28, for a total value of $340,057.08. On Tuesday, January 15th, Karyn Smith sold 733 shares of Twilio stock. The stock was sold at an average price of $98.52, for a total value of $72,215.16. On Tuesday, December 18th, Karyn Smith sold 3,520 shares of Twilio stock. The stock was sold at an average price of $86.38, for a total value of $304,057.60.

Shares of TWLO stock traded down $3.54 during trading hours on Thursday, reaching $112.76. The company had a trading volume of 55,093 shares, compared to its average volume of 4,879,755. Twilio Inc has a 12 month low of $32.25 and a 12 month high of $119.25. The company has a quick ratio of 6.78, a current ratio of 6.78 and a debt-to-equity ratio of 0.99. The firm has a market capitalization of $11.26 billion, a PE ratio of -140.86 and a beta of 1.34.

Twilio (NYSE:TWLO) last posted its earnings results on Tuesday, February 12th. The technology company reported $0.04 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.17) by $0.21. Twilio had a negative return on equity of 21.38% and a negative net margin of 18.76%. The company had revenue of $204.30 million for the quarter, compared to analyst estimates of $184.46 million. During the same quarter last year, the company earned ($0.03) earnings per share. The company’s revenue for the quarter was up 77.3% on a year-over-year basis. On average, equities research analysts anticipate that Twilio Inc will post -1.06 earnings per share for the current fiscal year.

Several research analysts have issued reports on TWLO shares. Argus increased their price target on Twilio to $125.00 and gave the stock a “buy” rating in a report on Thursday, February 14th. Zacks Investment Research lowered Twilio from a “buy” rating to a “hold” rating and set a $131.00 price target on the stock. in a report on Friday, February 8th. Deutsche Bank increased their price target on Twilio from $110.00 to $130.00 and gave the stock a “buy” rating in a report on Wednesday, February 13th. KeyCorp reiterated an “overweight” rating and issued a $114.00 price target (up previously from $103.00) on shares of Twilio in a report on Tuesday, January 8th. Finally, Mitsubishi UFJ Financial Group increased their price target on Twilio to $87.00 and gave the stock an “overweight” rating in a report on Wednesday, November 7th. Three equities research analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $108.07.

Several hedge funds have recently bought and sold shares of the company. Utah Retirement Systems lifted its holdings in shares of Twilio by 0.8% in the fourth quarter. Utah Retirement Systems now owns 13,419 shares of the technology company’s stock valued at $1,198,000 after purchasing an additional 100 shares in the last quarter. Metropolitan Life Insurance Co. NY lifted its holdings in Twilio by 2.7% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 5,678 shares of the technology company’s stock worth $507,000 after acquiring an additional 149 shares during the period. Hollencrest Capital Management lifted its holdings in Twilio by 4.3% during the fourth quarter. Hollencrest Capital Management now owns 3,670 shares of the technology company’s stock worth $328,000 after acquiring an additional 150 shares during the period. Piedmont Investment Advisors Inc. lifted its holdings in Twilio by 3.4% during the fourth quarter. Piedmont Investment Advisors Inc. now owns 5,360 shares of the technology company’s stock worth $479,000 after acquiring an additional 178 shares during the period. Finally, FNY Investment Advisers LLC lifted its holdings in Twilio by 18.8% during the fourth quarter. FNY Investment Advisers LLC now owns 1,129 shares of the technology company’s stock worth $100,000 after acquiring an additional 179 shares during the period. Institutional investors own 61.87% 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.

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