Dana Wagner Sells 820 Shares of Twilio Inc. (NYSE:TWLO) Stock

Twilio Inc. (NYSE:TWLOGet Free Report) insider Dana Wagner sold 820 shares of the stock in a transaction that occurred on Friday, July 5th. The stock was sold at an average price of $56.26, for a total value of $46,133.20. Following the completion of the sale, the insider now owns 159,317 shares of the company’s stock, valued at approximately $8,963,174.42. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Dana Wagner also recently made the following trade(s):

  • On Monday, July 1st, Dana Wagner sold 4,237 shares of Twilio stock. The stock was sold at an average price of $56.28, for a total transaction of $238,458.36.
  • On Monday, May 20th, Dana Wagner sold 796 shares of Twilio stock. The shares were sold at an average price of $61.69, for a total value of $49,105.24.

Twilio Price Performance

TWLO stock traded down $1.00 during mid-day trading on Tuesday, hitting $56.40. The company had a trading volume of 1,595,767 shares, compared to its average volume of 2,972,302. The company has a market capitalization of $9.65 billion, a price-to-earnings ratio of -14.06, a P/E/G ratio of 9.68 and a beta of 1.35. The company has a 50-day moving average price of $58.08 and a 200 day moving average price of $62.79. The company has a quick ratio of 6.55, a current ratio of 6.55 and a debt-to-equity ratio of 0.11. Twilio Inc. has a 12-month low of $49.86 and a 12-month high of $78.16.

Twilio (NYSE:TWLOGet Free Report) last posted its earnings results on Tuesday, May 7th. The technology company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.15. Twilio had a negative net margin of 17.37% and a negative return on equity of 0.89%. The firm had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.03 billion. On average, research analysts anticipate that Twilio Inc. will post 0.18 earnings per share for the current year.

Institutional Investors Weigh In On Twilio

Several institutional investors have recently modified their holdings of TWLO. Principal Securities Inc. purchased a new position in Twilio during the fourth quarter worth $25,000. Activest Wealth Management increased its stake in Twilio by 327.9% in the first quarter. Activest Wealth Management now owns 522 shares of the technology company’s stock worth $32,000 after purchasing an additional 400 shares during the period. Westend Capital Management LLC bought a new stake in shares of Twilio during the first quarter worth $35,000. GAMMA Investing LLC boosted its stake in shares of Twilio by 70.6% during the second quarter. GAMMA Investing LLC now owns 638 shares of the technology company’s stock valued at $36,000 after purchasing an additional 264 shares during the period. Finally, Lynx Investment Advisory bought a new position in shares of Twilio in the second quarter worth about $45,000. 84.27% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on TWLO shares. Canaccord Genuity Group cut their price objective on shares of Twilio from $90.00 to $85.00 and set a “buy” rating on the stock in a report on Wednesday, May 8th. Morgan Stanley cut Twilio from an “overweight” rating to an “equal weight” rating and decreased their price target for the stock from $70.00 to $60.00 in a research note on Friday, June 14th. Piper Sandler raised their target price on shares of Twilio from $78.00 to $79.00 and gave the stock an “overweight” rating in a report on Wednesday, May 8th. Needham & Company LLC reissued a “buy” rating and issued a $71.00 target price on shares of Twilio in a report on Monday, May 20th. Finally, StockNews.com cut shares of Twilio from a “buy” rating to a “hold” rating in a report on Tuesday, June 25th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $69.48.

Read Our Latest Stock Analysis on Twilio

About Twilio

(Get Free Report)

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.

Featured Stories

Insider Buying and Selling by Quarter for Twilio (NYSE:TWLO)

Receive News & Ratings for Twilio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Twilio and related companies with MarketBeat.com's FREE daily email newsletter.