Twilio Inc (NYSE:TWLO) COO George Hu sold 7,743 shares of the stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $128.22, for a total value of $992,807.46. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

TWLO traded down $1.88 during trading on Friday, reaching $140.49. 4,984,042 shares of the stock traded hands, compared to its average volume of 4,339,024. Twilio Inc has a fifty-two week low of $51.82 and a fifty-two week high of $144.62. The stock has a market cap of $16.74 billion, a price-to-earnings ratio of -175.61 and a beta of 1.31. The company has a current ratio of 5.83, a quick ratio of 5.83 and a debt-to-equity ratio of 0.18.

Twilio (NYSE:TWLO) last announced its quarterly earnings results on Tuesday, April 30th. The technology company reported ($0.39) earnings per share for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.40). The company had revenue of $233.00 million during the quarter, compared to analyst estimates of $223.45 million. Twilio had a negative return on equity of 9.50% and a negative net margin of 17.87%. Twilio’s quarterly revenue was up 80.5% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.04) EPS. As a group, sell-side analysts forecast that Twilio Inc will post -1.4 earnings per share for the current fiscal year.

Institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its stake in shares of Twilio by 25.4% in the third quarter. Dimensional Fund Advisors LP now owns 106,956 shares of the technology company’s stock valued at $9,227,000 after buying an additional 21,688 shares during the period. Legal & General Group Plc increased its stake in shares of Twilio by 10.0% in the third quarter. Legal & General Group Plc now owns 34,444 shares of the technology company’s stock valued at $2,972,000 after buying an additional 3,143 shares during the period. Federated Investors Inc. PA increased its stake in shares of Twilio by 61.4% in the third quarter. Federated Investors Inc. PA now owns 33,114 shares of the technology company’s stock valued at $2,857,000 after buying an additional 12,595 shares during the period. Vanguard Group Inc increased 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 valued at $559,122,000 after buying an additional 613,596 shares during the period. Finally, State of Alaska Department of Revenue increased its stake in shares of Twilio by 3.8% in the fourth quarter. State of Alaska Department of Revenue now owns 9,104 shares of the technology company’s stock valued at $812,000 after buying an additional 334 shares during the period. Institutional investors and hedge funds own 57.01% of the company’s stock.

A number of research firms have commented on TWLO. Stephens reaffirmed a “hold” rating and set a $110.00 target price on shares of Twilio in a report on Tuesday, April 30th. JPMorgan Chase & Co. raised their price target on Twilio from $125.00 to $150.00 in a report on Wednesday, May 1st. Deutsche Bank raised their price target on Twilio from $150.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. Canaccord Genuity raised their price target on Twilio from $125.00 to $155.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. Finally, Monness Crespi & Hardt reissued a “buy” rating and issued a $175.00 price target (up previously from $150.00) on shares of Twilio in a report on Wednesday, May 1st. Three analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Twilio presently has a consensus rating of “Buy” and a consensus target price of $138.36.

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

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