Twilio (NYSE:TWLO) CFO Aidan Viggiano Sells 8,035 Shares

Key Points

• Twilio CFO Aidan Viggiano sold 8,035 shares of the company's stock on October 9th, totaling approximately $924,025 and reducing their ownership by 5.84%.
• In its latest quarterly earnings, Twilio reported $1.19 EPS, surpassing analysts' expectations, with a 13.5% year-over-year revenue increase.
• Market analysts have mixed views on Twilio, with price targets varying from $75.00 to $150.00, reflecting a consensus rating of "Moderate Buy".

Twilio Inc. (NYSE:TWLO - Get Free Report) CFO Aidan Viggiano sold 8,035 shares of the firm's stock in a transaction on Thursday, October 9th. The stock was sold at an average price of $115.00, for a total value of $924,025.00. Following the completion of the transaction, the chief financial officer directly owned 129,618 shares of the company's stock, valued at approximately $14,906,070. This trade represents a 5.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

• On Tuesday, September 30th, Aidan Viggiano sold 8,363 shares of Twilio stock. The shares were sold at an average price of $100.59, for a total value of $841,234.17.
• On Friday, August 15th, Aidan Viggiano sold 1,807 shares of Twilio stock. The shares were sold at an average price of $105.94, for a total value of $191,433.58.

Twilio Price Performance

Shares of NYSE TWLO traded down $2.58 during midday trading on Tuesday, reaching $107.95. 1,751,450 shares of the company traded hands, compared to its average volume of 3,153,833. The firm has a market cap of $16.56 billion, a PE ratio of 899.65, a PEG ratio of 3.32 and a beta of 1.25. The stock's 50-day simple moving average is $105.74 and its 200-day simple moving average is $108.99. Twilio Inc. has a 12 month low of $69.40 and a 12 month high of $151.95. The company has a debt-to-equity ratio of 0.12, a quick ratio of 4.90 and a current ratio of 4.90.

Twilio (NYSE:TWLO - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The technology company reported $1.19 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.02 by $0.17. The company had revenue of $1.23 billion during the quarter, compared to analysts' expectations of $1.19 billion. Twilio had a return on equity of 2.78% and a net margin of 0.43%.The business's revenue was up 13.5% on a year-over-year basis. During the same period last year, the business earned $0.87 earnings per share. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. As a group, equities analysts anticipate that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

TWLO has been the subject of a number of analyst reports. Royal Bank Of Canada reissued an "underperform" rating and set a $75.00 price objective on shares of Twilio in a report on Wednesday, September 17th. UBS Group lowered their target price on Twilio from $150.00 to $135.00 and set a "buy" rating for the company in a research note on Friday, August 8th. Weiss Ratings restated a "hold (c-)" rating on shares of Twilio in a research note on Wednesday, October 8th. Piper Sandler raised their target price on Twilio from $140.00 to $144.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. Finally, Wells Fargo & Company initiated coverage on Twilio in a research note on Tuesday, September 30th. They issued an "overweight" rating and a $130.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $130.22.

Institutional Trading of Twilio

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jericho Capital Asset Management L.P. increased its position in Twilio by 17.7% in the first quarter. Jericho Capital Asset Management L.P. now owns 3,280,363 shares of the technology company's stock worth $321,180,000 after purchasing an additional 493,000 shares during the period. Alyeska Investment Group L.P. increased its position in Twilio by 36.4% in the first quarter. Alyeska Investment Group L.P. now owns 2,071,826 shares of the technology company's stock worth $202,852,000 after purchasing an additional 553,043 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Twilio by 19.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,920,443 shares of the technology company's stock worth $188,031,000 after purchasing an additional 318,015 shares during the period. Norges Bank acquired a new stake in Twilio in the second quarter worth about $228,877,000. Finally, Ninety One UK Ltd acquired a new stake in Twilio in the second quarter worth about $212,059,000. 84.27% of the stock is currently owned by institutional investors and hedge funds.

About Twilio

Twilio Inc, together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. It operates through two segments, Twilio Communications and Twilio Segment. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, flex, marketing campaigns, and user identity and authentication.

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