Twilio Inc (NYSE:TWLO) General Counsel Karyn Smith Sells 1,954 Shares

Twilio Inc (NYSE:TWLO) General Counsel Karyn Smith sold 1,954 shares of the company’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $123.88, for a total value of $242,061.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Karyn Smith also recently made the following trade(s):

  • On Monday, July 22nd, Karyn Smith sold 21,719 shares of Twilio stock. The stock was sold at an average price of $148.17, for a total value of $3,218,104.23.
  • On Monday, July 15th, Karyn Smith sold 937 shares of Twilio stock. The stock was sold at an average price of $142.38, for a total value of $133,410.06.
  • On Thursday, June 20th, Karyn Smith sold 21,663 shares of Twilio stock. The stock was sold at an average price of $146.78, for a total value of $3,179,695.14.
  • On Monday, May 20th, Karyn Smith sold 24,491 shares of Twilio stock. The stock was sold at an average price of $138.56, for a total value of $3,393,472.96.

TWLO opened at $124.76 on Friday. The stock has a 50-day moving average price of $138.93 and a 200-day moving average price of $130.52. Twilio Inc has a 12-month low of $62.43 and a 12-month high of $151.00. The company has a current ratio of 10.21, a quick ratio of 10.21 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $16.95 billion, a P/E ratio of -155.95 and a beta of 1.17.



Twilio (NYSE:TWLO) last posted its quarterly earnings data on Wednesday, July 31st. The technology company reported ($0.49) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.31) by ($0.18). Twilio had a negative return on equity of 7.22% and a negative net margin of 23.07%. The firm had revenue of $275.00 million during the quarter, compared to analysts’ expectations of $264.43 million. During the same quarter in the previous year, the company posted $0.03 earnings per share. Twilio’s revenue for the quarter was up 86.1% compared to the same quarter last year. On average, equities research analysts predict that Twilio Inc will post -1.39 EPS for the current year.

A number of equities analysts have weighed in on TWLO shares. Zacks Investment Research lowered Twilio from a “buy” rating to a “hold” rating in a research note on Tuesday, April 30th. Needham & Company LLC started coverage on Twilio in a research note on Tuesday, June 18th. They issued a “buy” rating and a $165.00 target price on the stock. TheStreet upgraded Twilio from a “d” rating to a “c” rating in a research note on Monday, June 24th. Stephens restated a “hold” rating and issued a $110.00 target price on shares of Twilio in a research note on Tuesday, April 30th. Finally, JPMorgan Chase & Co. upped their target price on Twilio from $125.00 to $150.00 in a research note on Wednesday, May 1st. Three analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $144.77.

Several institutional investors and hedge funds have recently bought and sold shares of TWLO. Ladenburg Thalmann Financial Services Inc. raised its position in Twilio by 19.5% during the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 30,039 shares of the technology company’s stock valued at $4,098,000 after purchasing an additional 4,908 shares during the last quarter. California Public Employees Retirement System raised its position in Twilio by 54.2% during the 2nd quarter. California Public Employees Retirement System now owns 187,107 shares of the technology company’s stock valued at $25,512,000 after purchasing an additional 65,772 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its position in Twilio by 29.8% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 19,476 shares of the technology company’s stock valued at $2,656,000 after purchasing an additional 4,467 shares during the last quarter. ADI Capital Management LLC raised its position in Twilio by 12.5% during the 2nd quarter. ADI Capital Management LLC now owns 9,000 shares of the technology company’s stock valued at $1,227,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Bamco Inc. NY bought a new position in Twilio during the 2nd quarter valued at approximately $14,689,000. Hedge funds and other institutional investors own 76.31% of the company’s stock.

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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