Twilio Inc (NYSE:TWLO) COO George Hu sold 7,800 shares of the firm’s stock in a transaction dated Thursday, December 6th. The stock was sold at an average price of $93.18, for a total transaction of $726,804.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

George Hu also recently made the following trade(s):

  • On Friday, November 30th, George Hu sold 5,000 shares of Twilio stock. The stock was sold at an average price of $93.82, for a total transaction of $469,100.00.
  • On Monday, December 3rd, George Hu sold 10,000 shares of Twilio stock. The stock was sold at an average price of $94.19, for a total transaction of $941,900.00.
  • On Wednesday, November 21st, George Hu sold 7,554 shares of Twilio stock. The stock was sold at an average price of $76.82, for a total transaction of $580,298.28.
  • On Friday, November 16th, George Hu sold 15,517 shares of Twilio stock. The stock was sold at an average price of $85.40, for a total transaction of $1,325,151.80.
  • On Tuesday, November 13th, George Hu sold 5,000 shares of Twilio stock. The stock was sold at an average price of $85.14, for a total transaction of $425,700.00.
  • On Wednesday, October 3rd, George Hu sold 2,800 shares of Twilio stock. The stock was sold at an average price of $81.03, for a total transaction of $226,884.00.
  • On Friday, September 28th, George Hu sold 5,000 shares of Twilio stock. The shares were sold at an average price of $86.75, for a total transaction of $433,750.00.
  • On Monday, October 1st, George Hu sold 5,000 shares of Twilio stock. The shares were sold at an average price of $84.37, for a total transaction of $421,850.00.

Shares of NYSE TWLO opened at $89.33 on Friday. Twilio Inc has a 1-year low of $23.25 and a 1-year high of $98.89. The stock has a market capitalization of $8.87 billion, a price-to-earnings ratio of -114.53 and a beta of 1.10. The company has a quick ratio of 6.78, a current ratio of 6.78 and a debt-to-equity ratio of 0.99.

Twilio (NYSE:TWLO) last announced its earnings results on Tuesday, November 6th. The technology company reported ($0.15) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.19) by $0.04. Twilio had a negative net margin of 16.70% and a negative return on equity of 18.94%. The company had revenue of $168.90 million during the quarter, compared to the consensus estimate of $151.62 million. During the same period in the previous year, the firm posted ($0.08) earnings per share. The company’s revenue was up 68.0% on a year-over-year basis. On average, equities research analysts anticipate that Twilio Inc will post -0.7 earnings per share for the current year.

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its stake in shares of Twilio by 10.5% in the third quarter. Vanguard Group Inc. now owns 6,480,321 shares of the technology company’s stock worth $559,122,000 after acquiring an additional 613,596 shares during the last quarter. BlackRock Inc. raised its stake in shares of Twilio by 7.1% in the third quarter. BlackRock Inc. now owns 3,835,967 shares of the technology company’s stock worth $330,966,000 after acquiring an additional 255,326 shares during the last quarter. Alliancebernstein L.P. raised its stake in shares of Twilio by 4,157.4% in the third quarter. Alliancebernstein L.P. now owns 1,504,150 shares of the technology company’s stock worth $129,778,000 after acquiring an additional 1,468,820 shares during the last quarter. Franklin Resources Inc. raised its stake in shares of Twilio by 33.4% in the third quarter. Franklin Resources Inc. now owns 1,413,784 shares of the technology company’s stock worth $121,979,000 after acquiring an additional 353,659 shares during the last quarter. Finally, Renaissance Technologies LLC raised its stake in shares of Twilio by 98.8% in the third quarter. Renaissance Technologies LLC now owns 1,212,900 shares of the technology company’s stock worth $104,649,000 after acquiring an additional 602,800 shares during the last quarter. 59.43% of the stock is owned by institutional investors.

Several brokerages recently issued reports on TWLO. Canaccord Genuity lifted their price target on shares of Twilio from $80.00 to $90.00 and gave the company a “buy” rating in a report on Wednesday, November 7th. Argus lifted their price target on shares of Twilio from $90.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, November 8th. Bank of America lifted their price target on shares of Twilio from $87.00 to $92.00 and gave the company a “buy” rating in a report on Wednesday, November 7th. Zacks Investment Research reissued a “hold” rating and set a $103.00 price target on shares of Twilio in a report on Saturday, November 17th. Finally, Monness Crespi & Hardt lifted their price target on shares of Twilio from $85.00 to $108.00 and gave the company a “buy” rating in a report on Wednesday, September 12th. Two analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company’s stock. Twilio currently has an average rating of “Buy” and an average price target of $82.22.

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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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