Jeff Lawson Sells 20,830 Shares of Twilio Inc (TWLO) Stock

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Twilio Inc (NYSE:TWLO) CEO Jeff Lawson sold 20,830 shares of the firm’s stock in a transaction on Monday, May 20th. The shares were sold at an average price of $138.50, for a total value of $2,884,955.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Jeff Lawson also recently made the following trade(s):

  • On Thursday, April 18th, Jeff Lawson sold 20,830 shares of Twilio stock. The shares were sold at an average price of $121.35, for a total value of $2,527,720.50.
  • On Monday, March 18th, Jeff Lawson sold 20,830 shares of Twilio stock. The shares were sold at an average price of $129.87, for a total value of $2,705,192.10.

NYSE:TWLO traded up $0.13 during mid-day trading on Wednesday, reaching $137.84. 2,415,215 shares of the stock were exchanged, compared to its average volume of 4,305,033. The firm has a market cap of $16.98 billion, a P/E ratio of -172.30 and a beta of 1.31. Twilio Inc has a 1-year low of $51.82 and a 1-year high of $144.62. The company has a quick ratio of 5.83, a current ratio of 5.83 and a debt-to-equity ratio of 0.18.

Twilio (NYSE:TWLO) last released its earnings results on Tuesday, April 30th. The technology company reported ($0.39) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.40). The firm had revenue of $233.00 million for the quarter, compared to analyst estimates of $223.45 million. Twilio had a negative return on equity of 9.50% and a negative net margin of 17.87%. Twilio’s revenue was up 80.5% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.04) earnings per share. Sell-side analysts expect that Twilio Inc will post -1.4 EPS for the current year.

Large investors have recently added to or reduced their stakes in the stock. Oppenheimer & Co. Inc. grew its holdings in Twilio by 83.1% during the fourth quarter. Oppenheimer & Co. Inc. now owns 14,629 shares of the technology company’s stock worth $1,306,000 after acquiring an additional 6,639 shares during the period. Nisa Investment Advisors LLC acquired a new position in Twilio during the fourth quarter worth about $71,000. Victory Capital Management Inc. grew its holdings in Twilio by 168.0% during the fourth quarter. Victory Capital Management Inc. now owns 560,670 shares of the technology company’s stock worth $50,068,000 after acquiring an additional 351,440 shares during the period. Westfield Capital Management Co. LP acquired a new position in Twilio during the fourth quarter worth about $28,234,000. Finally, Berkshire Capital Holdings Inc. grew its holdings in Twilio by 15.5% during the fourth quarter. Berkshire Capital Holdings Inc. now owns 135,150 shares of the technology company’s stock worth $12,069,000 after acquiring an additional 18,170 shares during the period. 57.01% of the stock is currently owned by hedge funds and other institutional investors.

TWLO has been the topic of a number of research analyst reports. Mitsubishi UFJ Financial Group raised their price target on Twilio from $121.00 to $133.00 in a report on Friday, April 12th. JPMorgan Chase & Co. raised their price target on Twilio from $125.00 to $150.00 in a report on Wednesday, May 1st. Bank of America reissued a “buy” rating and set a $125.00 price target (up from $92.00) on shares of Twilio in a report on Thursday, February 7th. Zacks Investment Research raised Twilio from a “hold” rating to a “buy” rating and set a $116.00 price target on the stock in a report on Saturday, February 2nd. Finally, Deutsche Bank raised their price target on Twilio from $110.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, February 13th. Three research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has assigned a strong buy rating to the company. Twilio currently has a consensus rating of “Buy” and an average price target of $138.36.

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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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