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Khozema Shipchandler, Chief Executive Officer of Twilio Inc. (NYSE:TWLO), recently sold a significant portion of his holdings in the company, according to a regulatory filing. The transaction comes as Twilio’s stock shows strong momentum, with a 61% return over the past year and nearly 48% gain in the last six months, according to InvestingPro data. On March 31, Shipchandler sold a total of 12,056 shares of Twilio’s Class A common stock, generating proceeds of approximately $1,155,963. The shares were sold at prices ranging from $94.9147 to $96.602 per share. Based on InvestingPro’s Fair Value analysis, Twilio appears slightly undervalued at current levels, with the company maintaining a strong financial position evidenced by a healthy current ratio of 4.2x and more cash than debt on its balance sheet.
These transactions were carried out to cover tax withholding obligations related to the vesting of Restricted Stock Units (RSUs). Following these sales, Shipchandler retains ownership of 295,134 shares of Twilio. Notably, InvestingPro analysis reveals 12 additional key insights about Twilio’s financial health and market position, available in the comprehensive Pro Research Report.
In other recent news, Twilio reported an 11% year-over-year increase in Q4 2024 revenue, reaching $1.19 billion, with communications revenue rising by 12% to $1.12 billion. Despite a 1% decline in segment revenue to $74.1 million, Twilio achieved its first quarter of GAAP operating profitability, surpassing initial targets. In a significant collaboration, Twilio partnered with Cedar to enhance healthcare billing communications using AI, aiming to improve patient financial experiences and operational efficiency. Analyst firms have shown optimism about Twilio’s growth prospects, with Tigress Financial Partners raising its stock target to $170, citing AI-driven growth and market expansion. Piper Sandler also maintained an Overweight rating, increasing the target price to $161, while Morgan Stanley (NYSE:MS) upgraded Twilio to Overweight with a $160 target, highlighting potential growth and profitability. These developments reflect Twilio’s strategic focus on AI and customer engagement, positioning it well in the communications sector.
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