Twilio Inc (NYSE:TWLO) Director Bessemer Venture Partners Vii Sells 7,402 Shares of Stock

Twilio Inc (NYSE:TWLO) Director Bessemer Venture Partners Vii sold 7,402 shares of the business’s stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $103.11, for a total transaction of $763,220.22. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

TWLO stock opened at $103.28 on Friday. The company has a 50 day simple moving average of $102.88 and a 200 day simple moving average of $124.15. The stock has a market cap of $14.07 billion, a price-to-earnings ratio of -129.10 and a beta of 1.14. Twilio Inc has a 1 year low of $73.15 and a 1 year high of $151.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 9.57 and a quick ratio of 9.57.

Twilio (NYSE:TWLO) last released its quarterly earnings data on Wednesday, October 30th. The technology company reported $0.03 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.01 by $0.02. The business had revenue of $295.00 million during the quarter, compared to analysts’ expectations of $287.96 million. Twilio had a negative net margin of 26.20% and a negative return on equity of 6.02%. The firm’s quarterly revenue was up 74.6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.07 EPS. On average, equities research analysts anticipate that Twilio Inc will post -1.5 EPS for the current fiscal year.

A number of analysts have issued reports on the stock. Northland Securities cut their price objective on shares of Twilio from $151.00 to $130.00 and set an “outperform” rating for the company in a report on Thursday, October 31st. Bank of America cut their price target on shares of Twilio from $160.00 to $138.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Royal Bank of Canada cut their price target on shares of Twilio from $135.00 to $125.00 and set an “outperform” rating for the company in a report on Thursday, October 31st. Needham & Company LLC cut their price target on shares of Twilio to $125.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Finally, DA Davidson cut their price target on shares of Twilio to $125.00 and set a “buy” rating for the company in a report on Thursday, October 31st. Three analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the company. Twilio presently has a consensus rating of “Buy” and an average target price of $137.25.

Hedge funds have recently added to or reduced their stakes in the stock. Financial Architects Inc increased its position in Twilio by 195.1% during the 3rd quarter. Financial Architects Inc now owns 233 shares of the technology company’s stock worth $26,000 after purchasing an additional 478 shares in the last quarter. Massmutual Trust Co. FSB ADV increased its position in Twilio by 94.6% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 218 shares of the technology company’s stock worth $30,000 after purchasing an additional 106 shares in the last quarter. Banco de Sabadell S.A acquired a new position in Twilio during the 2nd quarter worth approximately $31,000. Cerebellum GP LLC acquired a new position in Twilio during the 2nd quarter worth approximately $33,000. Finally, Financial Gravity Wealth Inc. acquired a new position in Twilio during the 2nd quarter worth approximately $41,000. Institutional investors and hedge funds own 80.67% of the company’s stock.

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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