Twilio Inc (NYSE:TWLO) CFO Lee Kirkpatrick sold 15,641 shares of the stock in a transaction on Friday, June 15th. The shares were sold at an average price of $59.13, for a total value of $924,852.33. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Lee Kirkpatrick also recently made the following trade(s):
Get Twilio alerts: On Friday, May 18th, Lee Kirkpatrick sold 12,000 shares of Twilio stock. The shares were sold at an average price of $54.94, for a total value of $659,280.00. On Tuesday, May 15th, Lee Kirkpatrick sold 1,618 shares of Twilio stock. The shares were sold at an average price of $50.96, for a total value of $82,453.28. On Tuesday, April 17th, Lee Kirkpatrick sold 12,000 shares of Twilio stock. The shares were sold at an average price of $40.83, for a total value of $489,960.00.Shares of Twilio traded down $1.81, reaching $59.80, during trading on Tuesday, Marketbeat reports. The company’s stock had a trading volume of 3,075,500 shares, compared to its average volume of 2,213,985. The stock has a market capitalization of $5.74 billion, a price-to-earnings ratio of -76.67 and a beta of -0.27. Twilio Inc has a 1-year low of $23.25 and a 1-year high of $62.34.
Twilio (NYSE:TWLO) last issued its earnings results on Tuesday, May 8th. The technology company reported ($0.04) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.07) by $0.03. The company had revenue of $129.12 million during the quarter, compared to analyst estimates of $115.92 million. Twilio had a negative return on equity of 21.88% and a negative net margin of 16.61%. The firm’s quarterly revenue was up 47.8% on a year-over-year basis. During the same quarter last year, the business posted ($0.04) EPS. equities research analysts forecast that Twilio Inc will post -0.8 EPS for the current year.
TWLO has been the topic of several recent research reports. Citigroup increased their target price on Twilio to $43.00 and gave the company an “overweight” rating in a research report on Tuesday, March 13th. Zacks Investment Research cut Twilio from a “hold” rating to a “sell” rating in a research report on Monday, February 19th. Vetr cut Twilio from a “buy” rating to a “hold” rating and set a $42.47 target price on the stock. in a research report on Wednesday, April 18th. Monness Crespi & Hardt began coverage on Twilio in a research report on Wednesday, April 11th. They issued a “buy” rating and a $60.00 price objective for the company. Finally, Dougherty & Co began coverage on Twilio in a research report on Tuesday, April 10th. They issued a “buy” rating and a $45.00 price objective for the company. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and fifteen have assigned a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $43.90.
A number of hedge funds have recently modified their holdings of the stock. BlackRock Inc. raised its stake in Twilio by 7.8% in the 1st quarter. BlackRock Inc. now owns 4,408,663 shares of the technology company’s stock worth $168,323,000 after acquiring an additional 317,128 shares during the last quarter. Technology Crossover Management IX Ltd. purchased a new position in Twilio in the 4th quarter worth $47,599,000. Allianz Asset Management GmbH raised its stake in Twilio by 20.7% in the 1st quarter. Allianz Asset Management GmbH now owns 1,808,340 shares of the technology company’s stock worth $69,042,000 after acquiring an additional 310,270 shares during the last quarter. Franklin Resources Inc. raised its stake in Twilio by 27.2% in the 4th quarter. Franklin Resources Inc. now owns 1,650,883 shares of the technology company’s stock worth $38,961,000 after acquiring an additional 352,970 shares during the last quarter. Finally, Raging Capital Management LLC purchased a new position in Twilio in the 4th quarter worth $22,420,000. Institutional investors own 62.11% 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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