Director-affiliated fund sells $184.14M in Twilio stock
TWLO sits 99% above its 52-week low of $91.84.
Summary
An investment fund associated with Twilio director Andrew Stafman sold 1 million shares of Class A Common Stock for $184.14 million in an open market transaction.
Key Events · Ownership and Investor Activity · TWLO
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Significant Insider-Affiliated Sale
Uncas GP LLC, an investment fund affiliated with Twilio director Andrew Stafman, sold 1,000,000 shares of Class A Common Stock.
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Substantial Transaction Value
The open market sale generated $184,140,000 in proceeds, reflecting a notable reduction in the fund's stake.
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Follows Recent Sales
This transaction follows a $130.6 million sale by the same affiliated fund on May 13, 2026, indicating a pattern of distribution.
Analysis · TWLO · Technology
This significant open market sale by an investment fund affiliated with a Twilio director represents a substantial reduction in their holdings. While the fund is not a 10% owner, its close ties to a board member make this a notable transaction. This follows a previous $130.6 million sale by the same affiliated fund earlier this month, indicating a continued pattern of distribution.
At the time of this filing, TWLO was trading at $182.62 on NYSE in the Technology sector, with a market capitalization of approximately $27.6B. The 52-week trading range was $91.84 to $203.71. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.