Twilio Inc. (NYSE:TWLO – Get Free Report) CFO Aidan Viggiano sold 8,363 shares of the firm’s stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $100.59, for a total value of $841,234.17. Following the completion of the transaction, the chief financial officer owned 137,653 shares of the company’s stock, valued at $13,846,515.27. This trade represents a 5.73% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Aidan Viggiano also recently made the following trade(s):
- On Friday, August 15th, Aidan Viggiano sold 1,807 shares of Twilio stock. The stock was sold at an average price of $105.94, for a total value of $191,433.58.
Twilio Stock Performance
Shares of TWLO stock opened at $105.31 on Friday. The firm has a market capitalization of $16.16 billion, a price-to-earnings ratio of 877.63, a price-to-earnings-growth ratio of 3.25 and a beta of 1.25. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.90 and a quick ratio of 4.90. The business has a fifty day moving average of $108.40 and a 200 day moving average of $108.58. Twilio Inc. has a 1 year low of $65.50 and a 1 year high of $151.95.
Institutional Investors Weigh In On Twilio
Institutional investors have recently modified their holdings of the business. CENTRAL TRUST Co acquired a new stake in shares of Twilio during the 2nd quarter valued at about $25,000. GFG Capital LLC acquired a new stake in shares of Twilio during the 2nd quarter valued at about $25,000. Hilltop National Bank acquired a new stake in shares of Twilio during the 2nd quarter valued at about $26,000. Estabrook Capital Management acquired a new stake in shares of Twilio during the 2nd quarter valued at about $31,000. Finally, LRI Investments LLC acquired a new stake in Twilio in the 1st quarter worth about $25,000. 84.27% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities research analysts have weighed in on TWLO shares. Piper Sandler increased their price target on Twilio from $140.00 to $144.00 and gave the stock an “overweight” rating in a research report on Friday, August 8th. Jefferies Financial Group set a $132.00 price target on Twilio and gave the stock a “hold” rating in a research report on Sunday, June 15th. Wells Fargo & Company started coverage on Twilio in a research report on Tuesday. They set an “overweight” rating and a $130.00 price target on the stock. UBS Group cut their price target on Twilio from $150.00 to $135.00 and set a “buy” rating on the stock in a research report on Friday, August 8th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $140.00 price target on shares of Twilio in a research report on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $130.22.
View Our Latest Stock Report 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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