Twilio Inc (NASDAQ:TWLO) General Counsel Karyn Smith sold 5,399 shares of the stock in a transaction on Wednesday, April 19th. The shares were sold at an average price of $31.80, for a total value of $171,688.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Karyn Smith also recently made the following trade(s):
- On Monday, March 20th, Karyn Smith sold 5,213 shares of Twilio stock. The shares were sold at an average price of $31.20, for a total value of $162,645.60.
Shares of Twilio Inc (NASDAQ:TWLO) traded down 0.41% on Thursday, reaching $31.63. The company’s stock had a trading volume of 2,179,060 shares. The firm’s 50 day moving average is $29.93 and its 200-day moving average is $33.46. Twilio Inc has a 52-week low of $23.66 and a 52-week high of $70.96. The stock’s market cap is $2.77 billion.
A number of institutional investors have recently bought and sold shares of the company. Nwam LLC acquired a new position in Twilio during the third quarter valued at approximately $203,000. Concert Wealth Management Inc. acquired a new position in Twilio during the third quarter valued at approximately $334,000. Marcus Capital LLC boosted its position in Twilio by 5.1% in the third quarter. Marcus Capital LLC now owns 32,850 shares of the technology company’s stock valued at $2,114,000 after buying an additional 1,600 shares during the last quarter. SG Americas Securities LLC acquired a new position in Twilio during the third quarter valued at approximately $230,000. Finally, Spark Investment Management LLC acquired a new position in Twilio during the third quarter valued at approximately $5,322,000.
A number of research firms recently weighed in on TWLO. Zacks Investment Research upgraded Twilio from a “sell” rating to a “hold” rating in a research note on Friday, April 14th. JPMorgan Chase & Co. upgraded Twilio from a “neutral” rating to an “overweight” rating and increased their price target for the company from $26.93 to $36.00 in a research note on Friday, April 7th. JMP Securities restated an “outperform” rating and issued a $37.00 price target on shares of Twilio in a research note on Monday, April 3rd. William Blair restated an “outperform” rating on shares of Twilio in a research note on Monday, April 3rd. Finally, Northland Securities raised Twilio from a “market perform” rating to an “outperform” rating in a report on Monday, March 6th. Four equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $40.15.
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).
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