Insider Selling: Twilio Inc (TWLO) Director Sells $91,966.56 in Stock

Twilio Inc (NYSE:TWLO) Director Erika Rottenberg sold 808 shares of the stock in a transaction that occurred on Tuesday, February 5th. The shares were sold at an average price of $113.82, for a total value of $91,966.56. The sale was disclosed in a document filed with the SEC, which is available through this link.

Erika Rottenberg also recently made the following trade(s):

  • On Wednesday, November 28th, Erika Rottenberg sold 3,750 shares of Twilio stock. The shares were sold at an average price of $88.93, for a total value of $333,487.50.

NYSE:TWLO opened at $114.78 on Friday. Twilio Inc has a one year low of $23.25 and a one year high of $116.54. The company has a quick ratio of 6.78, a current ratio of 6.78 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $11.01 billion, a P/E ratio of -147.15 and a beta of 1.34.



A number of brokerages have commented on TWLO. Zacks Investment Research cut Twilio from a “buy” rating to a “hold” rating and set a $131.00 target price for the company. in a report on Friday. Robert W. Baird reissued an “outperform” rating and set a $134.00 target price (up previously from $105.00) on shares of Twilio in a report on Friday, February 1st. Bank of America reissued a “buy” rating and set a $125.00 target price (up previously from $92.00) on shares of Twilio in a report on Thursday. KeyCorp reissued an “overweight” rating and set a $114.00 target price (up previously from $103.00) on shares of Twilio in a report on Tuesday, January 8th. Finally, Canaccord Genuity increased their target price on Twilio from $80.00 to $90.00 and gave the company a “buy” rating in a report on Wednesday, November 7th. Three investment analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. Twilio currently has an average rating of “Buy” and a consensus target price of $92.87.

Large investors have recently bought and sold shares of the stock. Adirondack Trust Co. increased its holdings in shares of Twilio by 625.0% in the fourth quarter. Adirondack Trust Co. now owns 348 shares of the technology company’s stock valued at $31,000 after purchasing an additional 300 shares during the last quarter. Parallel Advisors LLC grew its position in Twilio by 300.0% in the fourth quarter. Parallel Advisors LLC now owns 400 shares of the technology company’s stock worth $35,000 after acquiring an additional 300 shares during the period. Brasada Capital Management LP purchased a new position in Twilio in the fourth quarter worth approximately $45,000. Signet Investment Advisory Group Inc. purchased a new position in Twilio in the fourth quarter worth approximately $53,000. Finally, Focused Wealth Management Inc purchased a new position in Twilio in the fourth quarter worth approximately $63,000. 59.54% of the stock is owned by hedge funds and other institutional investors.

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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.

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