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TWLO

Twilio Inc.

https://www.twilio.com

Industry

Internet Content & Information

Twilio Inc., together with its subsidiaries, provides a cloud communications platform that enables developers to build, scale, and operate customer engagement within software applications in the United States and internationally. Its customer engagement platform provides a set of application programming interfaces that handle the higher-level communication logic needed for nearly every type of customer engagement, as well as enable developers to embed voice, messaging, video, and email capabilities into their applications. The company was incorporated in 2008 and is headquartered in San Francisco, California.

Open

97.65

Mkt cap

15B

Volume

3.2M

High

98.00

P/E Ratio

-38.64

52-wk high

101.00

Low

96.07

Div yield

N/A

52-wk low

52.51

Cathie Wood's Ark Invest has sold shares of Coinbase Global Inc. (COIN) and NVIDIA Corp. (NVDA), despite recent positive market movements for both. The sales were made from the ARK Next Generation Internet ETF (ARKW) and the ARK Genomic Revolution ETF (ARKG), respectively. Additionally, Ark Invest made other notable trades, including buying shares of Teladoc Health Inc (TDOC), selling shares of UiPath Inc (PATH), Roku Inc (ROKU), Draftkings Inc (DKNG), and Twilio Inc (TWLO).

Portfolio Pulse from Benzinga Neuro

April 16, 2024 | 3:44 am

Twilio's (NYSE:TWLO) short interest has decreased by 16.49% since the last report, with 2.84 million shares sold short, representing 1.57% of its float. The current short interest suggests a bullish sentiment as it is lower than the peer group average of 6.81%. The decrease in short interest indicates fewer traders are betting against the stock, which could be a positive sign for its short-term price movement.

Portfolio Pulse from Benzinga Insights

April 15, 2024 | 3:00 pm

Twilio's fifth annual State of Customer Engagement Report reveals that consumers spend 54% more on brands offering personalized experiences. However, only 16% of brands possess the necessary customer data for personalization. Additionally, 49% of consumers would trust brands more if they disclosed how customer data is used in AI-powered interactions.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 1:27 pm

Cathie Wood's Ark Invest sold $6.4M worth of Coinbase (COIN) shares despite the stock's positive market movement and an analyst upgrade from Oppenheimer. The trades involved ARKK and ARKW ETFs selling shares of COIN. The same day, ARKF bought shares of SOFI and RBLX, sold TWLO shares, ARKG bought TXG and VERV shares, and ARKW bought ROKU shares and sold TWLO shares.

Portfolio Pulse from Benzinga Neuro

April 05, 2024 | 3:03 am

Twilio Inc (NYSE:TWLO) is facing significant challenges, including a 20% decline in stock year-to-date, leadership changes, and sluggish growth. The company's efforts to overhaul its business have not altered its core trajectory, leading to a bearish outlook. Technical indicators, including a looming Death Cross, reinforce this sentiment. Despite a slight buying pressure, the overall technical analysis suggests a downturn, with no strong evidence of a potential short squeeze.

Portfolio Pulse from Surbhi Jain

April 04, 2024 | 1:45 pm

Anson Funds, a significant stockholder of Twilio Inc. (TWLO), has influenced governance changes at Twilio, including the departure of director Byron Deeter and a proposal to declassify the Board. These changes follow Anson Funds' engagement with Twilio, aiming to address the company's underperformance and governance issues. Anson Funds plans to continue holding the Twilio Board accountable to protect stockholder interests, focusing on strategy, operations, governance, and capital allocation.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 1:07 pm

Byron Deeter, a director at Twilio since 2010, will retire from the board by the 2024 annual meeting. Additionally, Twilio's board has unanimously voted to seek shareholder approval for the declassification of its board.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 7:16 am

Cathie Wood's Ark Invest purchased additional shares of Pinterest Inc (PINS), a competitor to Meta Platforms, through its Fintech Innovation ETF (ARKF). The acquisition of 26,925 Pinterest shares, valued at $949,914, underscores Ark Invest's continued confidence in Pinterest despite its mixed financial performance. Additionally, Ark Invest made other key trades, including selling Twilio Inc (TWLO) shares from ARKF, buying Verve Therapeutics Inc (VERV) and Personalis Inc (PSNL) for its Genomic Revolution ETF, and trading in Datadog Inc (DDOG) stock for its Next Generation Internet ETF.

Portfolio Pulse from Benzinga Neuro

April 04, 2024 | 2:17 am

Twilio announced the launch of Unified Profiles and Agent Copilot, integrating Twilio Segment's 'Golden' Customer Profiles into Flex. This integration provides employees with deeper insights into customer behaviors and preferences, facilitating more personalized interactions. This initiative is the first of three planned launches in 2024 to natively embed Segment into Twilio's Communication products.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 1:12 pm

Cathie Wood's Ark Invest sold shares of Block Inc (SQ) worth $3.5 million through ARKK and ARKW ETFs, amidst a Bitcoin price recovery. The sale is part of a week-long trend, totaling $19.95 million in Block shares sold. Additionally, Ark Invest made purchases in Cerus Corp (CERS), Personalis Inc (PSNL), and Moderna Inc (MRNA), while selling Twilio Inc (TWLO) shares.

Portfolio Pulse from Benzinga Neuro

March 21, 2024 | 3:40 am

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