Insider Selling: Twilio Inc. (NYSE:TWLO) CFO Sells $173,193.41 in Stock

Twilio Inc. (NYSE:TWLO) CFO Aidan Viggiano sold 1,391 shares of the firm’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $124.51, for a total value of $173,193.41. Following the transaction, the chief financial officer now owns 152,519 shares of the company’s stock, valued at $18,990,140.69. The trade was a 0.90 % 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, January 6th, Aidan Viggiano sold 6,552 shares of Twilio stock. The shares were sold at an average price of $113.55, for a total value of $743,979.60.

Twilio Stock Down 3.3 %

TWLO stock opened at $114.16 on Friday. Twilio Inc. has a twelve month low of $52.51 and a twelve month high of $151.95. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12. The stock has a market cap of $17.51 billion, a P/E ratio of -178.37, a PEG ratio of 4.30 and a beta of 1.43. The business’s 50-day moving average price is $122.09 and its 200-day moving average price is $92.57.

Twilio (NYSE:TWLO) last posted its quarterly earnings data on Thursday, February 13th. The technology company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.77). Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. The company had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.19 billion. On average, equities research analysts forecast that Twilio Inc. will post 1.44 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on TWLO shares. TD Cowen raised their price target on Twilio from $70.00 to $85.00 and gave the company a “hold” rating in a report on Thursday, October 31st. Mizuho raised their price target on Twilio from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Robert W. Baird upgraded Twilio from a “neutral” rating to an “outperform” rating and raised their price target for the company from $115.00 to $160.00 in a report on Friday, January 24th. William Blair restated an “outperform” rating on shares of Twilio in a report on Friday, February 14th. Finally, Monness Crespi & Hardt raised their price target on Twilio from $135.00 to $152.00 and gave the company a “buy” rating in a report on Monday, January 27th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $130.91.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. JFS Wealth Advisors LLC lifted its position in shares of Twilio by 244.0% during the 4th quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company’s stock valued at $41,000 after buying an additional 266 shares in the last quarter. Parkside Financial Bank & Trust lifted its position in shares of Twilio by 79.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company’s stock valued at $41,000 after buying an additional 166 shares in the last quarter. Centricity Wealth Management LLC bought a new stake in Twilio during the 4th quarter valued at approximately $44,000. True Wealth Design LLC raised its stake in Twilio by 5,200.0% during the 3rd quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock valued at $28,000 after purchasing an additional 416 shares during the period. Finally, Private Trust Co. NA raised its stake in Twilio by 395.6% during the 4th quarter. Private Trust Co. NA now owns 451 shares of the technology company’s stock valued at $49,000 after purchasing an additional 360 shares during the period. 84.27% of the stock is owned by hedge funds and other institutional investors.

About Twilio

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.