Twilio Inc (TWLO) General Counsel Karyn Smith Sells 2,952 Shares

Twilio Inc (NYSE:TWLO) General Counsel Karyn Smith sold 2,952 shares of the firm’s stock in a transaction that occurred on Thursday, February 15th. The shares were sold at an average price of $30.84, for a total transaction of $91,039.68. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Karyn Smith also recently made the following trade(s):

  • On Thursday, January 18th, Karyn Smith sold 4,213 shares of Twilio stock. The shares were sold at an average price of $25.54, for a total transaction of $107,600.02.
  • On Tuesday, January 16th, Karyn Smith sold 753 shares of Twilio stock. The shares were sold at an average price of $26.47, for a total transaction of $19,931.91.
  • On Monday, December 18th, Karyn Smith sold 5,213 shares of Twilio stock. The shares were sold at an average price of $25.50, for a total transaction of $132,931.50.

Twilio Inc (NYSE TWLO) opened at $33.01 on Wednesday. The stock has a market cap of $3,070.00 and a price-to-earnings ratio of -47.16. Twilio Inc has a fifty-two week low of $22.80 and a fifty-two week high of $34.74.

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. raised its holdings in shares of Twilio by 21.1% in the second quarter. Vanguard Group Inc. now owns 4,212,606 shares of the technology company’s stock worth $122,629,000 after buying an additional 734,659 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of Twilio by 6.3% in the third quarter. Bank of New York Mellon Corp now owns 4,096,296 shares of the technology company’s stock worth $122,275,000 after buying an additional 241,509 shares during the last quarter. BlackRock Inc. raised its holdings in shares of Twilio by 6.2% during the fourth quarter. BlackRock Inc. now owns 4,091,535 shares of the technology company’s stock worth $96,561,000 after purchasing an additional 239,782 shares during the last quarter. Technology Crossover Management IX Ltd. purchased a new position in shares of Twilio during the fourth quarter worth $47,599,000. Finally, Franklin Resources Inc. raised its holdings in shares of Twilio by 27.2% during the fourth quarter. Franklin Resources Inc. now owns 1,650,883 shares of the technology company’s stock worth $38,961,000 after purchasing an additional 352,970 shares during the last quarter. 55.39% of the stock is owned by institutional investors and hedge funds.

TWLO has been the subject of several recent analyst reports. BidaskClub downgraded shares of Twilio from a “buy” rating to a “hold” rating in a research note on Saturday, November 4th. Robert W. Baird restated a “buy” rating and issued a $37.00 target price on shares of Twilio in a research note on Friday, November 10th. Northland Securities set a $36.00 target price on shares of Twilio and gave the company a “buy” rating in a research note on Monday, November 13th. Zacks Investment Research downgraded shares of Twilio from a “hold” rating to a “sell” rating in a research note on Tuesday, November 14th. Finally, Drexel Hamilton restated a “buy” rating and issued a $47.00 target price on shares of Twilio in a research note on Monday, December 4th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $36.75.

COPYRIGHT VIOLATION WARNING: This story was first reported by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this story on another publication, it was stolen and reposted in violation of US & international copyright and trademark legislation. The legal version of this story can be read at https://stocknewstimes.com/2018/02/21/twilio-inc-twlo-general-counsel-karyn-smith-sells-2952-shares.html.

Twilio Company Profile

Twilio Inc offers Cloud Communications Platform, which enables developers to build, scale and operate real-time communications within software applications. The Company’s platform consists of Programmable Communications Cloud, Super Network and Business Model for Innovators. Its Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities into their applications through its Application Programming Interfaces (APIs).

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.

Latest News

Leave a Reply