Twilio Inc (NYSE:TWLO) CEO Jeff Lawson sold 20,830 shares of Twilio stock in a transaction dated Monday, May 20th. The shares were sold at an average price of $138.50, for a total transaction of $2,884,955.00. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Jeff Lawson also recently made the following trade(s):

  • On Thursday, April 18th, Jeff Lawson sold 20,830 shares of Twilio stock. The stock was sold at an average price of $121.35, for a total transaction of $2,527,720.50.
  • On Monday, March 18th, Jeff Lawson sold 20,830 shares of Twilio stock. The stock was sold at an average price of $129.87, for a total transaction of $2,705,192.10.

Shares of NYSE:TWLO traded down $5.67 during midday trading on Thursday, reaching $132.17. 71,879 shares of the company were exchanged, compared to its average volume of 4,965,940. The firm has a market cap of $17.41 billion, a price-to-earnings ratio of -165.29 and a beta of 1.31. The company has a debt-to-equity ratio of 0.18, a quick ratio of 5.83 and a current ratio of 5.83. Twilio Inc has a one year low of $51.82 and a one year high of $144.62.

Twilio (NYSE:TWLO) last released its quarterly earnings results on Tuesday, April 30th. The technology company reported ($0.39) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.01 by ($0.40). The business had revenue of $233.00 million for the quarter, compared to analysts’ expectations of $223.45 million. Twilio had a negative net margin of 17.87% and a negative return on equity of 9.50%. Twilio’s revenue for the quarter was up 80.5% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.04) EPS. As a group, research analysts predict that Twilio Inc will post -1.4 earnings per share for the current year.

TWLO has been the topic of several research reports. Zacks Investment Research raised shares of Twilio from a “hold” rating to a “buy” rating and set a $111.00 price objective on the stock in a research note on Wednesday, January 23rd. Robert W. Baird reaffirmed an “outperform” rating and set a $134.00 target price (up from $105.00) on shares of Twilio in a report on Friday, February 1st. Bank of America reaffirmed a “buy” rating and set a $125.00 target price (up from $92.00) on shares of Twilio in a report on Thursday, February 7th. reaffirmed an “outperform” rating and set a $125.00 target price (up from $110.00) on shares of Twilio in a report on Wednesday, February 13th. Finally, Monness Crespi & Hardt reaffirmed a “buy” rating and set a $150.00 target price (up from $117.00) on shares of Twilio in a report on Wednesday, February 13th. Three investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $138.36.

Institutional investors have recently added to or reduced their stakes in the stock. Oppenheimer & Co. Inc. raised its stake in Twilio by 83.1% during the fourth quarter. Oppenheimer & Co. Inc. now owns 14,629 shares of the technology company’s stock valued at $1,306,000 after purchasing an additional 6,639 shares in the last quarter. Nisa Investment Advisors LLC purchased a new stake in Twilio during the fourth quarter valued at $71,000. Victory Capital Management Inc. raised its stake in Twilio by 168.0% during the fourth quarter. Victory Capital Management Inc. now owns 560,670 shares of the technology company’s stock valued at $50,068,000 after purchasing an additional 351,440 shares in the last quarter. Westfield Capital Management Co. LP purchased a new stake in Twilio during the fourth quarter valued at $28,234,000. Finally, Berkshire Capital Holdings Inc. raised its stake in Twilio by 15.5% during the fourth quarter. Berkshire Capital Holdings Inc. now owns 135,150 shares of the technology company’s stock valued at $12,069,000 after purchasing an additional 18,170 shares in the last quarter. 64.33% of the stock is currently owned by institutional investors.

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About Twilio

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

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