The sales were conducted under Viggiano's 10b5-1 trading plan, which was established on March 7, 2024. This plan allows company insiders to set up a predetermined schedule for selling stocks, providing them a way to gradually sell off shares while avoiding potential accusations of insider trading. In other recent news, Twilio reported an 11% year-over-year increase in fourth-quarter 2024 revenue, reaching $1.19 billion, with communications revenue rising by 12% to $1.12 billion. The company achieved its first quarter of GAAP operating profitability, surpassing initial targets. Analysts from Tigress Financial, Piper Sandler, and Morgan Stanley have shown optimism about Twilio's future, with Tigress Financial raising the stock target to $170, citing AI-driven growth. Piper Sandler and Morgan Stanley also increased their price targets to $161 and $160, respectively, highlighting Twilio's strategic initiatives and growth potential.