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Monness Crespi & Hardt Upgrades Twilio Inc (TWLO) to a Buy from a Neutral

Twilio Inc’s recently made public that its Chief Legal Officer, Secretary Wagner Dana unloaded Company’s shares for reported $0.46 million on Dec 31 ’24. In the deal valued at $107.33 per share,4,248 shares were sold. As a result of this transaction, Wagner Dana now holds 32,590 shares worth roughly $3.69 million.

Then, Viggiano Aidan sold 6,832 shares, generating $732,136 in total proceeds. Upon selling the shares at $107.16, the Chief Financial Officer now owns 160,462 shares.

Before that, Shipchandler Khozema sold 11,285 shares. Twilio Inc shares valued at $1,209,872 were divested by the Chief Executive Officer at a price of $107.21 per share. As a result of the transaction, Shipchandler Khozema now holds 255,805 shares, worth roughly $28.93 million.

Monness Crespi & Hardt upgraded its Twilio Inc [TWLO] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in mid November from “an Equal weight” to “an Overweight”. Tigress Financial began covering TWLO with “Buy” recommendation on June 28, 2024. Morgan Stanley revised its rating on June 14, 2024. It rated TWLO as “an Equal-weight” which previously was an “an Overweight”.

Price Performance Review of TWLO

On Friday, Twilio Inc [NYSE:TWLO] saw its stock jump 3.69% to $113.09. Over the last five days, the stock has gained 1.44%. Twilio Inc shares have risen nearly 4.64% since the year began. Nevertheless, the stocks have risen 64.28% over the past one year. While a 52-week high of $116.43 was reached on 01/03/25, a 52-week low of $52.51 was recorded on 01/02/25. SMA at 50 days reached $99.35, while 200 days put it at $70.24.

Levels Of Support And Resistance For TWLO Stock

The 24-hour chart illustrates a support level at 110.61, which if violated will result in even more drops to 108.13. On the upside, there is a resistance level at 114.33. A further resistance level may holdings at 115.57. The Relative Strength Index (RSI) on the 14-day chart is 63.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 26.40%. Stochastics %K at 49.80% indicates the stock is a holding.

How much short interest is there in Twilio Inc?

A steep rise in short interest was recorded in Twilio Inc stocks on 2024-12-13, growing by 0.84 million shares to a total of 4.97 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 4.13 million shares. There was a rise of 16.92%, which implies that there is a positive sentiment for the stock.

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