Twilio Inc (NYSE:TWLO) General Counsel Karyn Smith sold 19,917 shares of the stock in a transaction that occurred on Tuesday, August 20th. The shares were sold at an average price of $126.49, for a total transaction of $2,519,301.33. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Karyn Smith also recently made the following trade(s):

  • On Thursday, August 15th, Karyn Smith sold 1,954 shares of Twilio stock. The shares were sold at an average price of $123.88, for a total transaction of $242,061.52.
  • On Monday, July 22nd, Karyn Smith sold 21,719 shares of Twilio stock. The shares were sold at an average price of $148.17, for a total transaction of $3,218,104.23.
  • On Monday, July 15th, Karyn Smith sold 937 shares of Twilio stock. The shares were sold at an average price of $142.38, for a total transaction of $133,410.06.
  • On Thursday, June 20th, Karyn Smith sold 21,663 shares of Twilio stock. The shares were sold at an average price of $146.78, for a total transaction of $3,179,695.14.

TWLO traded down $0.56 during trading on Thursday, hitting $130.50. The company’s stock had a trading volume of 2,205,900 shares, compared to its average volume of 4,142,212. The company has a quick ratio of 10.21, a current ratio of 10.21 and a debt-to-equity ratio of 0.14. Twilio Inc has a one year low of $62.43 and a one year high of $151.00. The firm has a market cap of $17.07 billion, a PE ratio of -163.13 and a beta of 1.17. The business’s 50 day simple moving average is $137.81 and its 200-day simple moving average is $130.70.

Twilio (NYSE:TWLO) last released its quarterly earnings results on Wednesday, July 31st. The technology company reported ($0.49) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.31) by ($0.18). Twilio had a negative return on equity of 7.22% and a negative net margin of 23.07%. The business had revenue of $275.00 million during the quarter, compared to the consensus estimate of $264.43 million. During the same quarter in the previous year, the business posted $0.03 earnings per share. The firm’s revenue was up 86.1% on a year-over-year basis. Equities research analysts expect that Twilio Inc will post -1.39 EPS for the current fiscal year.

A number of brokerages recently weighed in on TWLO. Rosenblatt Securities restated a “buy” rating and set a $167.00 price objective on shares of Twilio in a research report on Thursday, July 25th. Bank of America increased their price objective on shares of Twilio from $140.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, May 1st. Zacks Investment Research downgraded shares of Twilio from a “buy” rating to a “hold” rating in a research report on Tuesday, April 30th. KeyCorp increased their price objective on shares of Twilio from $156.00 to $158.00 and gave the company an “overweight” rating in a research report on Thursday, August 1st. Finally, Stephens restated a “hold” rating and set a $110.00 price objective on shares of Twilio in a research report on Tuesday, April 30th. Three research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $144.77.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Twilio by 20.0% in the second quarter. Vanguard Group Inc. now owns 10,068,328 shares of the technology company’s stock worth $1,372,817,000 after purchasing an additional 1,675,494 shares in the last quarter. Morgan Stanley increased its stake in shares of Twilio by 26.6% in the second quarter. Morgan Stanley now owns 8,268,134 shares of the technology company’s stock worth $1,127,360,000 after purchasing an additional 1,736,102 shares in the last quarter. Price T Rowe Associates Inc. MD increased its stake in shares of Twilio by 123.6% in the second quarter. Price T Rowe Associates Inc. MD now owns 5,191,487 shares of the technology company’s stock worth $707,859,000 after purchasing an additional 2,869,996 shares in the last quarter. BlackRock Inc. increased its stake in shares of Twilio by 26.4% in the first quarter. BlackRock Inc. now owns 4,956,403 shares of the technology company’s stock worth $640,268,000 after purchasing an additional 1,034,624 shares in the last quarter. Finally, Jennison Associates LLC increased its stake in shares of Twilio by 264.4% in the second quarter. Jennison Associates LLC now owns 3,482,690 shares of the technology company’s stock worth $474,865,000 after purchasing an additional 2,526,830 shares in the last quarter. 69.43% of the stock is owned by hedge funds and other institutional investors.

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.

Further Reading: What is an overbought condition?

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

Receive News & Ratings for Twilio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twilio and related companies with MarketBeat.com's FREE daily email newsletter.