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Twilio CEO Buys $10 Million in Shares

Insider trades from the past week include Twilio CEO Jeff Lawson buying $10 million worth of shares, Keurig Dr. Pepper CFO Shekhar Priyadarshi Sudhanshu buying 20,000 shares for $711,800, and several other executives from Healthpeak Properties, Pebblebrook Hotel, and Glatfelter making purchases.

Jeff Lawson
Jeff Lawson

Twilio saw a 5% increase in its shares on Tuesday, March 1st, after CEO Jeff Lawson disclosed that he had purchased 158,081 shares, worth approximately $10 million, at prices ranging from $62.459 to $64.059. The shares were bought through the Lawson Revocable Trust, bringing Lawson's total indirect and direct ownership to 226,397 and 184,032 shares, respectively.

Keurig Dr. Pepper CFO Makes Share Purchase

Keurig Dr. Pepper CFO, Shekhar Priyadarshi Sudhanshu, purchased 20,000 shares worth $711,800 for $35.59. This comes after the company reported Q4 results that were in line with EPS and revenue expectations, and Citi initiated coverage with a Neutral rating and a $37.00 price target.

Three More Insider Purchases

Healthpeak Properties CEO Scott Brinker purchased 16,300 shares worth $385,169 for $23.63. Pebblebrook Hotel Trust Chairman and CEO Jon Bortz bought 21,000 shares, worth $300,000, at prices ranging from $14.304 to $14.536. Glatfelter SVP Wolfgang Laures purchased 277,000 shares, worth over $1 million, for $3.722.