The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
In other news, Director Richard L. Dalzell sold 2,500 shares of Twilio stock in a transaction that occurred on Thursday, July 13th. Of those transactions, there were 24.58 million shares of TWLO bought and 23.4 million shares sold. Similar statistics are true for the second largest owner, Price T Rowe Associates Inc /Md/, which owns 6,699,614 shares of the stock are valued at $197.44 million. In the last ninety days, insiders sold 61,348 shares of company stock valued at $1,873,873.
Twilio Inc. Class A is trading up by 7.74% percent from yesterday’s close giving it a place as a top gainer in the market today. (TWLO) in the open market.
Twilio, Inc. on 6/29/2017 reported its EPS as $-0.04 with the analysts projecting the EPS of the stock as $-0.08. The third largest holder is Vanguard Group Inc, which now holds $124.15 million worth of this stock and that ownership represents almost 4.97% of its market capitalization. The firm’s 50 day moving average is $30.47 and its 200 day moving average is $35.86. (NYSE:TWLO) in a research report report published on Tuesday, September 19th. Twilio had a negative return on equity of 15.40% and a negative net margin of 13.42%. Earnings, with 12 analysts believing the company would generate an Average Estimate of $-0.08. Analysts expect next quarter’s EPS will be $-0.06 with next year’s EPS projected to be $-0.07. Twilio’s revenue for the quarter was up 48.7% compared to the same quarter past year. Equities analysts forecast that Twilio will post ($0.22) earnings per share for the current fiscal year.
Today’s call-skewed trading runs in sharp contrast to Tuesday’s action in Twilio’s options pits. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of United States and global trademark and copyright law. The correct version of this piece can be viewed at https://www.truebluetribune.com/2017/09/27/twilio-inc-twlo-receives-hold-rating-from-keycorp.html. Canaccord Genuity lifted their target price on Twilio from $32.00 to $38.00 and gave the stock a buy rating in a report on Tuesday, August 8th. Vetr cut shares of Twilio from a “strong-buy” rating to a “buy” rating and set a $32.34 price objective for the company.in a report on Monday, June 26th. Finally, Zacks Investment Research raised shares of Twilio from a “sell” rating to a “hold” rating in a report on Wednesday, July 5th. Baird initiated coverage on the stock setting a rating of “Outperform”. The company has an average rating of “Buy” and a consensus target price of $37.50.
Several other equities analysts have also recently issued reports on TWLO. Short shares fell from 16,488,848 to 15,276,000 over that timeframe. Perigon Wealth Management, LLC owns 16,687 shares with a value of $486,000. Aberdeen Asset Management PLC UK acquired a new position in Twilio during the fourth quarter valued at about $4,538,000. California State Teachers Retirement System now owns 110,200 shares of the technology company’s stock valued at $3,208,000 after purchasing an additional 71,200 shares during the last quarter. Finally, First Washington CORP acquired a new stake in shares of Twilio during the 2nd quarter worth approximately $4,490,000. The Company’s platform consists of Programmable Communications Cloud, Super Network and Business Model for Innovators. The Company enables developers to build, scale and operate real-time communications within software applications.