Twilio Inc (NYSE:TWLO) Director Richard L. Dalzell Sells 500 Shares

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Twilio Inc (NYSE:TWLO) Director Richard L. Dalzell sold 500 shares of the business’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $108.40, for a total value of $54,200.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Richard L. Dalzell also recently made the following trade(s):

  • On Thursday, August 15th, Richard L. Dalzell sold 500 shares of Twilio stock. The shares were sold at an average price of $124.11, for a total value of $62,055.00.

Shares of NYSE:TWLO traded up $2.11 during midday trading on Thursday, reaching $114.66. The company had a trading volume of 252,034 shares, compared to its average volume of 3,710,897. The company has a quick ratio of 10.21, a current ratio of 10.21 and a debt-to-equity ratio of 0.14. The business’s 50 day moving average price is $126.41 and its 200 day moving average price is $131.91. The stock has a market cap of $15.04 billion, a PE ratio of -142.81 and a beta of 1.22. Twilio Inc has a 1-year low of $62.43 and a 1-year high of $151.00.

Twilio (NYSE:TWLO) last released its earnings results on Wednesday, July 31st. The technology company reported ($0.49) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.31) by ($0.18). The company had revenue of $275.00 million during the quarter, compared to analyst estimates of $264.43 million. Twilio had a negative net margin of 23.07% and a negative return on equity of 7.22%. Twilio’s revenue was up 86.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.03 EPS. On average, research analysts expect that Twilio Inc will post -1.39 earnings per share for the current fiscal year.

A number of analysts have recently commented on the company. Morgan Stanley upgraded Twilio from an “equal” rating to a “weight” rating and boosted their price target for the company from $130.00 to $135.00 in a report on Thursday. Rosenblatt Securities restated a “buy” rating and issued a $167.00 price target on shares of Twilio in a report on Thursday, July 25th. KeyCorp boosted their price target on Twilio from $156.00 to $158.00 and gave the company an “overweight” rating in a report on Thursday, August 1st. Needham & Company LLC assumed coverage on Twilio in a report on Tuesday, June 18th. They issued a “buy” rating and a $165.00 price target on the stock. Finally, TheStreet upgraded Twilio from a “d” rating to a “c” rating in a report on Monday, June 24th. Two analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $147.62.

Several large investors have recently added to or reduced their stakes in TWLO. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp acquired a new position in Twilio during the second quarter worth approximately $2,945,000. Toronto Dominion Bank increased its position in Twilio by 333.2% during the second quarter. Toronto Dominion Bank now owns 17,000 shares of the technology company’s stock worth $2,317,000 after buying an additional 13,076 shares during the last quarter. Treasurer of the State of North Carolina increased its position in Twilio by 32.2% during the second quarter. Treasurer of the State of North Carolina now owns 46,344 shares of the technology company’s stock worth $6,319,000 after buying an additional 11,290 shares during the last quarter. Mackenzie Financial Corp increased its position in Twilio by 37.9% during the second quarter. Mackenzie Financial Corp now owns 14,140 shares of the technology company’s stock worth $1,928,000 after buying an additional 3,885 shares during the last quarter. Finally, Nomura Holdings Inc. increased its position in Twilio by 711.7% during the second quarter. Nomura Holdings Inc. now owns 50,504 shares of the technology company’s stock worth $6,910,000 after buying an additional 44,282 shares during the last quarter. 74.58% of the stock is currently owned by institutional investors and hedge funds.

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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