Twilio Inc (TWLO) COO George Hu Sells 19,360 Shares

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Twilio Inc (NYSE:TWLO) COO George Hu sold 19,360 shares of Twilio stock in a transaction dated Wednesday, September 5th. The stock was sold at an average price of $82.67, for a total transaction of $1,600,491.20. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

George Hu also recently made the following trade(s):

  • On Friday, August 31st, George Hu sold 5,000 shares of Twilio stock. The stock was sold at an average price of $80.51, for a total transaction of $402,550.00.
  • On Tuesday, August 21st, George Hu sold 3,021 shares of Twilio stock. The stock was sold at an average price of $76.92, for a total transaction of $232,375.32.
  • On Monday, August 13th, George Hu sold 5,000 shares of Twilio stock. The stock was sold at an average price of $75.44, for a total transaction of $377,200.00.
  • On Wednesday, August 15th, George Hu sold 22,889 shares of Twilio stock. The stock was sold at an average price of $74.75, for a total transaction of $1,710,952.75.
  • On Friday, July 27th, George Hu sold 7,614 shares of Twilio stock. The stock was sold at an average price of $62.97, for a total transaction of $479,453.58.
  • On Monday, July 23rd, George Hu sold 5,000 shares of Twilio stock. The stock was sold at an average price of $63.39, for a total transaction of $316,950.00.
  • On Wednesday, July 25th, George Hu sold 15,000 shares of Twilio stock. The stock was sold at an average price of $63.28, for a total transaction of $949,200.00.
  • On Friday, July 20th, George Hu sold 10,000 shares of Twilio stock. The stock was sold at an average price of $63.03, for a total transaction of $630,300.00.
  • On Tuesday, July 17th, George Hu sold 5,000 shares of Twilio stock. The stock was sold at an average price of $63.03, for a total transaction of $315,150.00.
  • On Friday, July 13th, George Hu sold 10,000 shares of Twilio stock. The stock was sold at an average price of $60.20, for a total transaction of $602,000.00.

Twilio stock traded up $0.42 during trading on Thursday, reaching $82.13. The company had a trading volume of 13,090 shares, compared to its average volume of 2,669,542. Twilio Inc has a 12-month low of $23.25 and a 12-month high of $87.91. The company has a market cap of $7.86 billion, a price-to-earnings ratio of -103.37 and a beta of 0.33. The company has a debt-to-equity ratio of 0.98, a quick ratio of 7.20 and a current ratio of 7.20.

Twilio (NYSE:TWLO) last released its earnings results on Monday, August 6th. The technology company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.09. Twilio had a negative net margin of 18.29% and a negative return on equity of 21.41%. The firm had revenue of $147.80 million during the quarter, compared to the consensus estimate of $130.39 million. During the same period in the previous year, the firm earned ($0.05) earnings per share. Twilio’s revenue was up 54.1% compared to the same quarter last year. sell-side analysts predict that Twilio Inc will post -0.78 EPS for the current year.

A number of brokerages have recently commented on TWLO. Piper Jaffray Companies reiterated a “buy” rating and set a $85.00 price target on shares of Twilio in a report on Tuesday, August 7th. JMP Securities lifted their price target on shares of Twilio from $39.00 to $55.00 and gave the stock an “outperform” rating in a report on Wednesday, May 9th. Oppenheimer lifted their price target on shares of Twilio from $45.00 to $50.00 and gave the stock an “outperform” rating in a report on Wednesday, May 9th. Mitsubishi UFJ Financial Group boosted their target price on shares of Twilio to $82.00 and gave the company an “overweight” rating in a report on Tuesday, August 14th. Finally, Bank of America boosted their target price on shares of Twilio from $63.00 to $75.00 and gave the company a “buy” rating in a report on Tuesday, August 7th. Four research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $69.16.

A number of institutional investors have recently added to or reduced their stakes in TWLO. Denver Investment Advisors LLC lifted its position in Twilio by 6.1% during the first quarter. Denver Investment Advisors LLC now owns 17,437 shares of the technology company’s stock valued at $666,000 after buying an additional 1,006 shares in the last quarter. Xact Kapitalforvaltning AB lifted its position in Twilio by 12.1% during the second quarter. Xact Kapitalforvaltning AB now owns 10,188 shares of the technology company’s stock valued at $571,000 after buying an additional 1,100 shares in the last quarter. Kopp Investment Advisors LLC lifted its position in Twilio by 1.8% during the second quarter. Kopp Investment Advisors LLC now owns 69,125 shares of the technology company’s stock valued at $3,872,000 after buying an additional 1,240 shares in the last quarter. Peloton Wealth Strategists lifted its position in Twilio by 4.7% during the second quarter. Peloton Wealth Strategists now owns 28,690 shares of the technology company’s stock valued at $1,607,000 after buying an additional 1,290 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Twilio by 23.2% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,489 shares of the technology company’s stock valued at $476,000 after buying an additional 1,600 shares in the last quarter. Hedge funds and other institutional investors own 57.58% of the company’s stock.

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

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