Aidan Viggiano Sells 1,391 Shares of Twilio Inc. (NYSE:TWLO) Stock

Twilio Inc. (NYSE:TWLO) CFO Aidan Viggiano sold 1,391 shares of Twilio stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $124.51, for a total value of $173,193.41. Following the sale, the chief financial officer now directly owns 152,519 shares in the company, valued at $18,990,140.69. This trade represents a 0.90 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Aidan Viggiano also recently made the following trade(s):

• On Monday, January 6th, Aidan Viggiano sold 6,552 shares of Twilio stock. The shares were sold at an average price of $113.55, for a total value of $743,979.60.

Twilio Price Performance

Shares of TWLO stock opened at $114.16 on Friday. Twilio Inc. has a twelve month low of $52.51 and a twelve month high of $151.95. The stock has a market capitalization of $17.51 billion, a price-to-earnings ratio of -178.37, a P/E/G ratio of 4.30 and a beta of 1.43. The stock has a fifty day simple moving average of $122.09 and a two-hundred day simple moving average of $92.57. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12.

Twilio (NYSE:TWLO) last released its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.77). The company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.19 billion. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. On average, analysts predict that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Ritholtz Wealth Management bought a new position in shares of Twilio in the 4th quarter worth $344,000. KBC Group NV raised its position in shares of Twilio by 67.4% in the 3rd quarter. KBC Group NV now owns 22,705 shares of the technology company’s stock worth $1,481,000 after acquiring an additional 9,140 shares in the last quarter. Bleakley Financial Group LLC bought a new position in shares of Twilio in the 4th quarter worth $230,000. Zacks Investment Management bought a new position in shares of Twilio in the 3rd quarter worth $3,386,000. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of Twilio by 167.1% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 14,612 shares of the technology company’s stock worth $953,000 after acquiring an additional 9,141 shares in the last quarter. 84.27% of the stock is owned by institutional investors.

Analysts Set New Price Targets

TWLO has been the topic of a number of research reports. Oppenheimer lifted their price objective on Twilio from $90.00 to $160.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. JPMorgan Chase & Co. lifted their price objective on Twilio from $83.00 to $130.00 and gave the stock an “overweight” rating in a research note on Friday, January 24th. Needham & Company LLC lifted their price objective on Twilio from $91.00 to $165.00 and gave the stock a “buy” rating in a research note on Tuesday, January 28th. Royal Bank of Canada reaffirmed an “underperform” rating and issued a $50.00 price objective on shares of Twilio in a research note on Tuesday, January 21st. Finally, Monness Crespi & Hardt lifted their price objective on Twilio from $135.00 to $152.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $130.91.

Twilio Company Profile

Twilio Inc, together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. It operates through two segments, Twilio Communications and Twilio Segment. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, flex, marketing campaigns, and user identity and authentication.