Andrew Stafman

Director Andrew Stafman sold 1,000,000 shares of TWLO for $184.1M on 2026-05-27, reducing stake by 61.7%.

Andrew Stafman sold 1,000,000 shares at $184.14, reducing his holdings from 1,620,000 shares to 620,000 shares—a 61.7% reduction in his position. The sale occurred when the stock was trading 10.9% below its 52-week high of $203.71, despite strong recent momentum (30-day return +27.3%, 90-day return +51.8%). Notably, Stafman's two prior sales at TWLO were both well-timed at the 90-day mark, with both resulting in negative subsequent returns, suggesting a pattern of selling ahead of declines. The current sale coincides with a valuation environment marked by an elevated P/E of 267.01 relative to the company's fundamentals, which grew revenues 13.7% year-over-year to $1.4B and generated $90.1M in net income. This substantial director-level sell-off, combined with his historical success timing exits at this ticker, warrants investor attention to near-term price action and any forward guidance changes.

Director Stafman sells 675,000 shares worth $130.6M, his second open-market sale in 36 months.

Stafman Andrew, a director at Twilio, sold a substantial block of shares representing roughly 29% of his holdings. This is his second open-market sale in the 36-month period and occurs while the stock trades just below its 52-week high—a notable timing choice, as most insider selling happens after significant rallies or when insiders view valuations as elevated. His prior sale, conducted roughly five months earlier, was poorly timed in the short term as the stock gained afterward, but well-timed over a longer horizon as it ultimately declined. The current sale happens in a company that remains profitable with strong revenue growth, though it trades at a stretched valuation multiple. Without additional context about Stafman's remaining holdings or his historical trading pattern beyond these two sales, the significance lies in the sheer dollar magnitude and the repeat seller pattern rather than in any clear signal about his conviction in the stock's direction.

Director Stafman Andrew sold 1,000,000 (1.00M shares) of TWLO at $129.00 on 2025-12-02, reducing holdings to 2,295,000 (2.30M shares).

Director Andrew Stafman executed a substantial sale of 1,000,000 shares worth $129,000,000.00, representing a -30.3% reduction in his stake. This transaction is notable given TWLIO's challenging financial profile: the company reported a P/E of 294.93 and was unprofitable over its most recent full fiscal year despite 7.3% annual revenue growth, suggesting the stock trades at an elevated multiple relative to earnings power. The sale occurred at $129.00, which is -12.5% from the 52-week high of $148.35, indicating the stock was not at its peak valuation when the director exited the position. With substantial remaining holdings of 2,295,000 shares post-transaction, Stafman retains meaningful exposure to the company, suggesting this is a partial monetization rather than a complete exit.