Twilio Inc. (NYSE:TWLO – Get Free Report) CFO Aidan Viggiano sold 8,231 shares of the firm’s stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $122.79, for a total value of $1,010,684.49. Following the transaction, the chief financial officer owned 139,730 shares of the company’s stock, valued at $17,157,446.70. The trade was a 5.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Aidan Viggiano also recently made the following trade(s):
- On Monday, March 2nd, Aidan Viggiano sold 806 shares of Twilio stock. The stock was sold at an average price of $125.00, for a total transaction of $100,750.00.
- On Tuesday, February 17th, Aidan Viggiano sold 1,023 shares of Twilio stock. The stock was sold at an average price of $110.66, for a total transaction of $113,205.18.
- On Monday, January 5th, Aidan Viggiano sold 7,213 shares of Twilio stock. The shares were sold at an average price of $135.97, for a total transaction of $980,751.61.
Twilio Stock Up 0.3%
Shares of Twilio stock opened at $130.88 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 4.03 and a current ratio of 4.03. The stock has a market capitalization of $19.83 billion, a PE ratio of 688.87, a price-to-earnings-growth ratio of 5.35 and a beta of 1.28. Twilio Inc. has a 52-week low of $77.51 and a 52-week high of $145.90. The company has a 50-day simple moving average of $121.20 and a two-hundred day simple moving average of $122.06.
Analyst Ratings Changes
A number of analysts have commented on TWLO shares. Mizuho set a $150.00 target price on Twilio in a report on Monday, December 15th. Rosenblatt Securities reiterated a “buy” rating and issued a $180.00 price objective on shares of Twilio in a report on Friday, February 13th. Weiss Ratings cut shares of Twilio from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Friday, February 27th. Citigroup reaffirmed a “market perform” rating on shares of Twilio in a report on Tuesday, December 30th. Finally, Needham & Company LLC reiterated a “buy” rating on shares of Twilio in a research note on Friday, March 13th. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, Twilio has an average rating of “Moderate Buy” and a consensus price target of $145.22.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently modified their holdings of TWLO. Raleigh Capital Management Inc. purchased a new stake in shares of Twilio in the 4th quarter worth $26,000. SHP Wealth Management bought a new position in Twilio in the 4th quarter worth $26,000. SJS Investment Consulting Inc. lifted its position in Twilio by 1,564.7% during the third quarter. SJS Investment Consulting Inc. now owns 283 shares of the technology company’s stock valued at $28,000 after purchasing an additional 266 shares in the last quarter. First Horizon Corp bought a new stake in Twilio during the third quarter valued at about $28,000. Finally, Zions Bancorporation National Association UT bought a new stake in Twilio during the fourth quarter valued at about $29,000. Hedge funds and other institutional investors own 84.27% of the company’s stock.
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.
Further Reading
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