On August 20, 2024, Aidan Viggiano, Chief Financial Officer of Twilio Inc (NYSE:TWLO), sold 1,931 shares of the company’s stock at a price of $61.67 per share. The transaction was documented in a recent SEC filing. Following this sale, the insider now owns 184,570 shares of Twilio Inc.
Twilio Inc (NYSE:TWLO) is a cloud communications platform that provides a set of communications APIs (application programming interfaces) that enable developers to embed voice, messaging, and video capabilities into their applications.
Over the past year, Aidan Viggiano has sold a total of 82,429 shares and purchased no shares of the company. This recent sale is part of a broader trend seen within the company. Over the past year, there have been 44 insider sales and no insider purchases.
Twilio Inc. shares were trading at $61.67 on the day of the sale, giving the company a market capitalization of around $9.46 billion. According to GF Value, the intrinsic value of the stock is estimated at $75.54, suggesting that Twilio Inc. is slightly undervalued with a Price to GF Value ratio of 0.82.
The GF value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio and price-free cash flow and adjusted for the company’s past performance and expected future business results.
This insider sale may be of interest to investors who follow insider behavior as an indicator of the level of confidence in the company’s current valuation and future prospects.
This article created by GuruFocus is intended to provide general insights and does not constitute tailored financial advice. Our commentary is based on historical data and analyst forecasts, uses an unbiased methodology and is not intended to serve as specific investment advice. It does not contain a recommendation to buy or sell any stock and does not take into account any individual investment objectives or financial circumstances. Our goal is to provide long-term, fundamental, data-driven analysis. Note that our analysis may not include the most recent, price-sensitive company announcements or qualitative information. GuruFocus does not hold a position in any stocks mentioned here.
This article first appeared on GuruFocus.
