Twilio (NYSE:TWLO) Trading Down 7.6% on Insider Selling

Twilio (NYSE:TWLO) Trading Down 7.6% on Insider Selling

Twilio Inc. (NYSE:TWLO – Get Free Report) shares were down 7.6% on Thursday after an insider sold shares in the company. The company traded as low as $120.72 and last traded at $119.8140. Approximately 545,016 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 2,355,961 shares. The stock […]

Twilio (NYSE:TWLO) CEO Sells $2,096,223.85 in Stock

Twilio Inc. (NYSE:TWLO - Get Free Report) CEO Khozema Shipchandler sold 15,715 shares of the company's stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $133.39, for a total value of $2,096,223.85. Following the transaction, the chief executive officer directly owned 235,542 shares of the company's stock, valued at $31,418,947.38. This trade represents a 6.25% decrease in their ownership of th…