The 830,977 Shares of Stock are sold by Twilio Inc (TWLO) CEO Jeff Lawson

The 830,977 Shares of Stock are sold by Twilio Inc (TWLO) CEO Jeff Lawson

Twilio Inc (NASDAQ:TWLO) CEO Jeff Lawson sold 830,977 shares of the stock in a transaction on Wednesday, October 26th. The stock was sold at an average price of $38.60, for a total transaction of $32,075,712.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Twilio Inc (NASDAQ:TWLO) opened at 35.42 on Monday. The company’s market capitalization is $2.99 billion. Twilio Inc has a 1-year low of $23.66 and a 1-year high of $70.96. The firm’s 50-day moving average is $53.95 and its 200-day moving average is $48.38.

Twilio (NASDAQ:TWLO) last posted its quarterly earnings results on Monday, August 8th. The company reported ($0.08) EPS for the quarter, topping the consensus estimate of ($0.15) by $0.07. The company had revenue of $64.50 million for the quarter, compared to analyst estimates of $39.95 million. The business’s quarterly revenue was up 70.0% compared to the same quarter last year. Equities research analysts predict that Twilio Inc will post ($0.27) EPS for the current year.

Several brokerages have recently weighed in on TWLO. Mitsubishi UFJ Financial Group began coverage on shares of Twilio in a research note on Friday. They issued a “neutral” rating and a $39.00 target price for the company. Argus began coverage on shares of Twilio in a research note on Thursday, August 25th. They issued a “hold” rating and a $39.00 target price for the company. They noted that the move was a valuation call. Goldman Sachs Group Inc. restated a “neutral” rating and issued a $37.00 target price (up from $33.00) on shares of Twilio in a research note on Thursday, August 11th. William Blair restated an “outperform” rating on shares of Twilio in a research note on Thursday, August 11th. Finally, JMP Securities restated a “market perform” rating on shares of Twilio in a research note on Thursday, August 11th. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Twilio presently has an average rating of “Hold” and a consensus target price of $38.80.

Several hedge funds have recently bought and sold shares of TWLO. Macquarie Group Ltd. acquired a new position in shares of Twilio during the second quarter valued at $162,000. Telemark Asset Management LLC acquired a new position in shares of Twilio during the second quarter valued at $183,000. Nwam LLC acquired a new position in shares of Twilio during the third quarter valued at $203,000. Advisor Group Inc. acquired a new position in shares of Twilio during the second quarter valued at $249,000. Finally, Thompson Davis & CO. Inc. acquired a new position in shares of Twilio during the second quarter valued at $268,000.

Twilio Company Profile

Related posts

Leave a Comment