Twilio Inc (NYSE:TWLO) CEO Jeff Lawson sold 20,830 shares of the stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of $121.35, for a total transaction of $2,527,720.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

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

  • 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 value of $2,705,192.10.

TWLO stock traded up $5.83 during midday trading on Monday, hitting $127.96. 2,526,766 shares of the company traded hands, compared to its average volume of 4,170,482. Twilio Inc has a twelve month low of $39.59 and a twelve month high of $136.00. The company has a quick ratio of 6.33, a current ratio of 6.33 and a debt-to-equity ratio of 0.99. The company has a market cap of $15.09 billion, a PE ratio of -159.95 and a beta of 1.34.

Twilio (NYSE:TWLO) last announced its quarterly earnings results on Tuesday, February 12th. The technology company reported $0.04 EPS for the quarter, beating the consensus estimate of ($0.17) by $0.21. Twilio had a negative return on equity of 21.00% and a negative net margin of 18.76%. The company had revenue of $204.30 million for the quarter, compared to the consensus estimate of $184.46 million. During the same quarter last year, the company posted ($0.03) earnings per share. The company’s revenue for the quarter was up 77.3% compared to the same quarter last year. As a group, equities analysts expect that Twilio Inc will post -1.08 EPS for the current fiscal year.

Hedge funds have recently made changes to their positions in the business. Oppenheimer & Co. Inc. grew its holdings 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 during the last quarter. Nisa Investment Advisors LLC acquired a new position in Twilio during the fourth quarter valued at approximately $71,000. Victory Capital Management Inc. grew its holdings 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 during the last quarter. Westfield Capital Management Co. LP acquired a new position in Twilio during the fourth quarter valued at approximately $28,234,000. Finally, Berkshire Capital Holdings Inc. grew its holdings 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 during the last quarter. Institutional investors own 57.19% of the company’s stock.

A number of research firms recently commented on TWLO. Zacks Investment Research upgraded Twilio from a “hold” rating to a “buy” rating and set a $137.00 price objective on the stock in a report on Thursday, April 11th. Mitsubishi UFJ Financial Group increased their price objective on Twilio from $121.00 to $133.00 in a report on Friday, April 12th. Finally, DA Davidson increased their price objective on Twilio from $99.00 to $118.00 and gave the stock a “buy” rating in a report on Wednesday, February 13th. Three investment analysts have rated the stock with a hold rating and twenty have given a buy rating to the company’s stock. Twilio presently has a consensus rating of “Buy” and a consensus target price of $125.55.

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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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