Twilio Inc. (NYSE:TWLO – Get Free Report) CEO Khozema Shipchandler sold 44,158 shares of Twilio stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $235.88, for a total transaction of $10,415,989.04. Following the transaction, the chief executive officer directly owned 235,542 shares in the company, valued at approximately $55,559,646.96. This represents a 15.79% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Khozema Shipchandler also recently made the following trade(s):
- On Tuesday, May 26th, Khozema Shipchandler sold 32,158 shares of Twilio stock. The stock was sold at an average price of $185.70, for a total transaction of $5,971,740.60.
- On Monday, April 6th, Khozema Shipchandler sold 15,715 shares of Twilio stock. The stock was sold at an average price of $133.39, for a total transaction of $2,096,223.85.
- On Tuesday, March 31st, Khozema Shipchandler sold 12,624 shares of Twilio stock. The stock was sold at an average price of $122.81, for a total transaction of $1,550,353.44.
Twilio Stock Performance
Shares of TWLO stock traded down $13.09 during trading hours on Monday, hitting $212.90. 2,954,163 shares of the company were exchanged, compared to its average volume of 2,631,248. The firm has a fifty day simple moving average of $165.62 and a 200 day simple moving average of $140.16. The company has a current ratio of 4.66, a quick ratio of 4.66 and a debt-to-equity ratio of 0.13. Twilio Inc. has a 52-week low of $91.84 and a 52-week high of $238.48. The stock has a market capitalization of $32.31 billion, a price-to-earnings ratio of 332.66, a P/E/G ratio of 4.53 and a beta of 1.39.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the business. Raleigh Capital Management Inc. purchased a new position in Twilio in the 4th quarter valued at approximately $26,000. SHP Wealth Management purchased a new position in Twilio in the 4th quarter valued at approximately $26,000. Zions Bancorporation National Association UT purchased a new position in Twilio in the 4th quarter valued at approximately $29,000. Aster Capital Management DIFC Ltd purchased a new position in Twilio in the 4th quarter valued at approximately $29,000. Finally, Osbon Capital Management LLC bought a new position in Twilio in the 4th quarter valued at $30,000. 84.27% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on the stock. Robert W. Baird set a $200.00 price target on shares of Twilio in a research note on Friday, May 1st. Weiss Ratings upgraded shares of Twilio from a “sell (d+)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. Citigroup restated an “outperform” rating on shares of Twilio in a research note on Friday, May 1st. Piper Sandler raised their price target on shares of Twilio from $130.00 to $192.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Finally, Mizuho raised their price target on shares of Twilio from $150.00 to $165.00 and gave the stock an “outperform” rating in a research note on Tuesday, April 21st. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Twilio presently has an average rating of “Moderate Buy” and an average price target of $195.40.
Get Our Latest Stock Analysis on Twilio
Twilio Company Profile
Twilio Inc (NYSE: TWLO) is a cloud communications platform-as-a-service (CPaaS) company that enables developers and enterprises to embed communications into web and mobile applications. Its core offering is a suite of programmable APIs that handle messaging (SMS, MMS, and chat), voice calling, video, and user authentication. Twilio’s platform is designed to help businesses build customer engagement and communication workflows without managing telecommunications infrastructure directly.
The company’s product portfolio includes programmable voice and messaging APIs, Twilio Video for real‑time video applications, and Twilio Authy for multi‑factor authentication.
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