Insider Selling: Twilio (NYSE:TWLO) CFO Sells $2,676,600.60 in Stock

Key Points

• Twilio CFO Aidan Viggiano sold 9,084 shares for approximately $2.68 million at an average price of $294.65. The filing said the sale covered tax-withholding obligations from vested equity awards; he retained 99,246 shares.
• Twilio shares traded near $295, close to their 12-month high of $305.95, after rising substantially from the $99.22 low. The company recently exceeded quarterly earnings and revenue estimates, with revenue up 22% year over year.
• Analysts maintain a generally positive view, with the stock carrying a “Moderate Buy” consensus rating, while Twilio’s upcoming S&P 500 inclusion and AI-related growth prospects are viewed as potential catalysts.

Twilio Inc. (NYSE:TWLO - Get Free Report) CFO Aidan Viggiano sold 9,084 shares of the firm's stock in a transaction that occurred on Wednesday, September 30th. The shares were sold at an average price of $294.65, for a total value of $2,676,600.60. Following the completion of the sale, the chief financial officer owned 99,246 shares in the company, valued at approximately $29,242,833.90. This represents a 8.39% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Aidan Viggiano also recently made the following trade(s):

• On Monday, August 17th, Aidan Viggiano sold 1,394 shares of Twilio stock. The stock was sold at an average price of $234.48, for a total value of $326,865.12.

Twilio Stock Performance

Shares of NYSE:TWLO traded down $6.04 on Friday, hitting $295.23. The company's stock had a trading volume of 3,672,114 shares, compared to its average volume of 2,475,288. Twilio Inc. has a 12 month low of $99.22 and a 12 month high of $305.95. The company has a market capitalization of $45.34 billion, a price-to-earnings ratio of 41.12, a price-to-earnings-growth ratio of 6.00 and a beta of 1.35. The stock's 50-day moving average is $235.91 and its two-hundred day moving average is $196.83. The company has a debt-to-equity ratio of 0.11, a quick ratio of 4.62 and a current ratio of 4.62.

Twilio (NYSE:TWLO - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The technology company reported $1.47 earnings per share for the quarter, beating analysts' consensus estimates of $1.32 by $0.15. The business had revenue of $1.50 billion for the quarter, compared to analysts' expectations of $1.43 billion. Twilio had a net margin of 20.61% and a return on equity of 5.09%. The company's revenue was up 22.0% on a year-over-year basis. During the same period in the previous year, the business earned $1.19 earnings per share. Twilio has set its Q3 2026 guidance at 1.420-1.470 EPS. On average, equities research analysts forecast that Twilio Inc. will post 3.12 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on TWLO. Wells Fargo & Company raised their price objective on shares of Twilio from $225.00 to $275.00 and gave the company an "overweight" rating in a research note on Friday, August 7th. KGI Securities initiated coverage on Twilio in a research report on Thursday, July 2nd. They issued an "outperform" rating and a $250.00 target price for the company. Zacks Research lowered Twilio from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 7th. Stifel Nicolaus set a $275.00 price objective on Twilio in a research note on Friday, August 7th. Finally, Needham & Company LLC upped their price objective on Twilio from $250.00 to $280.00 and gave the company a "buy" rating in a report on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $250.39.

Institutional Investors Weigh In On Twilio

Institutional investors and hedge funds have recently modified their holdings of the stock. Continuum Advisory LLC bought a new stake in shares of Twilio during the 2nd quarter worth $33,000. SHP Wealth Management acquired a new stake in shares of Twilio during the fourth quarter worth $26,000. Osbon Capital Management LLC purchased a new stake in shares of Twilio during the fourth quarter valued at $30,000. Hilltop National Bank acquired a new position in shares of Twilio in the 2nd quarter valued at $50,000. Finally, Reflection Asset Management acquired a new position in shares of Twilio in the 4th quarter valued at $37,000. Institutional investors and hedge funds own 84.27% of the company's stock.

Trending Headlines about Twilio

Here are the key news stories impacting Twilio this week:

• Positive Sentiment: S&P 500 inclusion is the main catalyst. Twilio will replace Warner Bros. Discovery in the S&P 500 effective October 6. Index funds that track the benchmark are expected to purchase shares, potentially increasing demand and liquidity. Twilio And Vylor Stocks Added To The S&P 500
• Positive Sentiment: Investors are also focusing on AI-related growth prospects. Coverage surrounding the index addition highlights analysts’ expectations that Twilio’s communications platform and artificial-intelligence initiatives could support further growth. The stock has risen substantially from its 52-week low ahead of the index change. S&P 500 Addition Fuels Twilio Rally
• Neutral Sentiment: CEO Khozema Shipchandler sold $4.1 million of shares, while CFO Aidan Viggiano sold $2.7 million. Both transactions reduced their holdings, but the filings state the sales were made to cover tax-withholding obligations tied to vested equity awards. That makes them less concerning than discretionary insider selling, although the transactions may attract investor attention. Twilio CEO Form 4 Filing

About Twilio

Twilio Inc is a communications technology company that provides a cloud-based platform for businesses to engage with customers through digital channels. Its software and application programming interfaces (APIs) support communications capabilities such as voice calling, messaging, video, email, authentication and contact-center interactions.

The company's offerings include programmable communications services, customer data and engagement tools, and contact-center solutions. Twilio also provides email services through SendGrid and customer data platform capabilities through Segment, which it acquired in 2020.

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