Twilio Inc. (NYSE:TWLO – Get Free Report) CFO Aidan Viggiano sold 1,514 shares of the company’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $123.28, for a total value of $186,645.92. Following the completion of the sale, the chief financial officer directly owned 128,104 shares in the company, valued at $15,792,661.12. This trade represents a 1.17% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Aidan Viggiano also recently made the following trade(s):
- On Thursday, October 9th, Aidan Viggiano sold 8,035 shares of Twilio stock. The shares were sold at an average price of $115.00, for a total transaction of $924,025.00.
- On Tuesday, September 30th, Aidan Viggiano sold 8,363 shares of Twilio stock. The shares were sold at an average price of $100.59, for a total value of $841,234.17.
Twilio Trading Up 3.7%
Shares of TWLO traded up $4.46 on Thursday, hitting $124.61. 242,740 shares of the stock traded hands, compared to its average volume of 3,036,212. Twilio Inc. has a 1 year low of $77.51 and a 1 year high of $151.95. The stock’s 50 day moving average is $112.93 and its two-hundred day moving average is $114.54. The firm has a market capitalization of $19.12 billion, a P/E ratio of 304.21, a P/E/G ratio of 3.23 and a beta of 1.33. The company has a quick ratio of 4.68, a current ratio of 4.68 and a debt-to-equity ratio of 0.13.
Hedge Funds Weigh In On Twilio
A number of institutional investors have recently bought and sold shares of TWLO. Wellington Management Group LLP increased its position in Twilio by 4,280.5% during the first quarter. Wellington Management Group LLP now owns 260,069 shares of the technology company’s stock worth $25,463,000 after acquiring an additional 254,132 shares during the period. Bank of Nova Scotia grew its position in Twilio by 502.1% in the 1st quarter. Bank of Nova Scotia now owns 32,341 shares of the technology company’s stock worth $3,167,000 after purchasing an additional 26,970 shares during the last quarter. ASR Vermogensbeheer N.V. bought a new position in shares of Twilio during the 1st quarter worth about $716,000. Knights of Columbus Asset Advisors LLC acquired a new position in shares of Twilio during the second quarter valued at about $4,809,000. Finally, Mirae Asset Global Investments Co. Ltd. increased its stake in Twilio by 694.7% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 58,579 shares of the technology company’s stock valued at $7,285,000 after acquiring an additional 51,208 shares during the period. Hedge funds and other institutional investors own 84.27% of the company’s stock.
Wall Street Analysts Forecast Growth
TWLO has been the subject of a number of research analyst reports. Oppenheimer set a $145.00 price objective on shares of Twilio and gave the company an “outperform” rating in a research note on Friday, October 31st. Rosenblatt Securities reiterated a “buy” rating and set a $140.00 target price on shares of Twilio in a report on Friday, October 31st. Wall Street Zen cut Twilio from a “strong-buy” rating to a “buy” rating in a report on Tuesday, November 11th. FBN Securities upgraded shares of Twilio to a “strong-buy” rating in a research note on Wednesday, November 12th. Finally, Monness Crespi & Hardt boosted their target price on shares of Twilio from $165.00 to $175.00 and gave the stock a “buy” rating in a research report on Friday, October 31st. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Twilio has a consensus rating of “Moderate Buy” and a consensus price target of $139.26.
Check Out Our Latest Stock Analysis on TWLO
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.
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