Twilio Inc. (NYSE:TWLO) Insider Dana Wagner Sells 820 Shares

Twilio Inc. (NYSE:TWLOGet Free Report) insider Dana Wagner sold 820 shares of the firm’s stock in a transaction that occurred on Friday, July 5th. The shares were sold at an average price of $56.26, for a total transaction of $46,133.20. Following the transaction, the insider now directly owns 159,317 shares of the company’s stock, valued at approximately $8,963,174.42. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Dana Wagner also recently made the following trade(s):

  • On Monday, July 1st, Dana Wagner sold 4,237 shares of Twilio stock. The shares were sold at an average price of $56.28, for a total value of $238,458.36.
  • On Monday, May 20th, Dana Wagner sold 796 shares of Twilio stock. The stock was sold at an average price of $61.69, for a total value of $49,105.24.

Twilio Trading Down 1.7 %

NYSE TWLO opened at $56.40 on Wednesday. The stock’s 50-day moving average price is $58.01 and its 200-day moving average price is $62.65. The company has a quick ratio of 6.55, a current ratio of 6.55 and a debt-to-equity ratio of 0.11. Twilio Inc. has a 52 week low of $49.86 and a 52 week high of $78.16.

Twilio (NYSE:TWLOGet Free Report) last issued its quarterly earnings results on Tuesday, May 7th. The technology company reported $0.06 earnings per share for the quarter, beating the consensus estimate of ($0.09) by $0.15. The business had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.03 billion. Twilio had a negative net margin of 17.37% and a negative return on equity of 0.89%. Equities research analysts predict that Twilio Inc. will post 0.18 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in shares of Twilio by 0.8% in the first quarter. Vanguard Group Inc. now owns 17,950,364 shares of the technology company’s stock valued at $1,097,665,000 after acquiring an additional 140,791 shares in the last quarter. Norges Bank purchased a new position in Twilio in the 4th quarter worth approximately $179,739,000. Kodai Capital Management LP boosted its stake in Twilio by 70.0% in the 1st quarter. Kodai Capital Management LP now owns 1,849,513 shares of the technology company’s stock worth $113,098,000 after purchasing an additional 761,356 shares during the period. Dimensional Fund Advisors LP grew its holdings in Twilio by 18.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,385,466 shares of the technology company’s stock valued at $105,131,000 after buying an additional 217,796 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Twilio by 3.6% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,255,577 shares of the technology company’s stock worth $95,261,000 after buying an additional 43,124 shares in the last quarter. Institutional investors own 84.27% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on TWLO. Canaccord Genuity Group lowered their price target on Twilio from $90.00 to $85.00 and set a “buy” rating for the company in a research report on Wednesday, May 8th. Macquarie cut their price target on shares of Twilio from $69.00 to $63.00 and set a “neutral” rating on the stock in a report on Wednesday, May 8th. Piper Sandler boosted their price objective on shares of Twilio from $78.00 to $79.00 and gave the stock an “overweight” rating in a report on Wednesday, May 8th. Tigress Financial began coverage on Twilio in a research note on Friday, June 28th. They set a “buy” rating and a $75.00 target price on the stock. Finally, Sanford C. Bernstein decreased their price target on Twilio from $70.00 to $68.00 and set a “market perform” rating for the company in a research note on Wednesday, May 8th. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and nine have given a buy rating to the stock. According to MarketBeat, Twilio currently has a consensus rating of “Hold” and a consensus price target of $69.48.

Get Our Latest Stock Report on TWLO

About Twilio

(Get Free Report)

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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Insider Buying and Selling by Quarter for Twilio (NYSE:TWLO)

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