Twilio Inc (NASDAQ:TWLO) General Counsel Karyn Smith sold 5,399 shares of the stock in a transaction on Wednesday, April 19th. The shares were sold at an average price of $31.80, for a total transaction of $171,688.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Karyn Smith also recently made the following trade(s):
- On Monday, March 20th, Karyn Smith sold 5,213 shares of Twilio stock. The shares were sold at an average price of $31.20, for a total transaction of $162,645.60.
Shares of Twilio Inc (NASDAQ:TWLO) opened at 25.16 on Friday. The firm’s market capitalization is $2.28 billion. Twilio Inc has a 1-year low of $22.80 and a 1-year high of $70.96. The company has a 50-day moving average of $28.14 and a 200-day moving average of $30.32.
Twilio (NASDAQ:TWLO) last posted its quarterly earnings data on Tuesday, May 2nd. The technology company reported ($0.14) earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.14). The firm had revenue of $87.37 million during the quarter, compared to analyst estimates of $83.57 million. Equities research analysts predict that Twilio Inc will post ($0.29) EPS for the current fiscal year.
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Several research firms recently commented on TWLO. Zacks Investment Research downgraded shares of Twilio from a “buy” rating to a “hold” rating in a research note on Saturday, May 6th. Summit Research reduced their price target on shares of Twilio from $36.00 to $28.00 and set a “buy” rating on the stock in a research note on Thursday, May 4th. Vetr downgraded shares of Twilio from a “strong-buy” rating to a “buy” rating and set a $36.20 price target on the stock. in a research note on Thursday, April 27th. Canaccord Genuity cut their target price on shares of Twilio from $40.00 to $33.00 and set a “buy” rating on the stock in a research report on Thursday, May 4th. Finally, Northland Securities raised shares of Twilio from a “market perform” rating to an “outperform” rating in a research report on Monday, March 6th. Five equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. Twilio has a consensus rating of “Buy” and a consensus price target of $36.18.
Large investors have recently bought and sold shares of the stock. Pacer Advisors Inc. increased its stake in Twilio by 292.5% in the first quarter. Pacer Advisors Inc. now owns 4,580 shares of the technology company’s stock valued at $132,000 after buying an additional 3,413 shares during the last quarter. IFP Advisors Inc increased its stake in Twilio by 195.4% in the first quarter. IFP Advisors Inc now owns 4,706 shares of the technology company’s stock valued at $136,000 after buying an additional 3,113 shares during the last quarter. Fortaleza Asset Management Inc. purchased a new stake in Twilio during the first quarter valued at $160,000. Washington Trust Bank increased its stake in Twilio by 57.1% in the first quarter. Washington Trust Bank now owns 6,327 shares of the technology company’s stock valued at $183,000 after buying an additional 2,300 shares during the last quarter. Finally, Nwam LLC purchased a new stake in Twilio during the third quarter valued at $203,000.
Twilio Company Profile
Twilio Inc offers Cloud Communications Platform, which enables developers to build, scale and operate real-time communications within software applications. The Company’s platform consists of Programmable Communications Cloud, Super Network and Business Model for Innovators. Its Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities into their applications through its Application Programming Interfaces (APIs).
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