Blair William & Co. IL Raises Stock Holdings in Twilio Inc. (NYSE:TWLO)

Blair William & Co. IL lifted its holdings in Twilio Inc. (NYSE:TWLO) by 1.3% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 99,144 shares of the technology company’s stock after purchasing an additional 1,251 shares during the quarter. Blair William & Co. IL owned 0.06% of Twilio worth $5,632,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of TWLO. Vanguard Group Inc. grew its stake in shares of Twilio by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 17,950,364 shares of the technology company’s stock worth $1,097,665,000 after buying an additional 140,791 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Twilio by 11.0% in the second quarter. Dimensional Fund Advisors LP now owns 2,260,155 shares of the technology company’s stock worth $128,396,000 after acquiring an additional 224,040 shares in the last quarter. Kodai Capital Management LP increased its stake in Twilio by 70.0% during the first quarter. Kodai Capital Management LP now owns 1,849,513 shares of the technology company’s stock worth $113,098,000 after acquiring an additional 761,356 shares during the last quarter. Dorsal Capital Management LP increased its stake in Twilio by 4.5% during the fourth quarter. Dorsal Capital Management LP now owns 1,150,000 shares of the technology company’s stock worth $87,250,000 after acquiring an additional 50,000 shares during the last quarter. Finally, Contrarius Investment Management Ltd purchased a new stake in Twilio during the fourth quarter valued at approximately $80,043,000. Institutional investors own 84.27% of the company’s stock.

Insider Buying and Selling at Twilio

In other Twilio news, CFO Aidan Viggiano sold 1,931 shares of the stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $61.67, for a total transaction of $119,084.77. Following the completion of the sale, the chief financial officer now directly owns 184,570 shares of the company’s stock, valued at $11,382,431.90. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other Twilio news, CEO Khozema Shipchandler sold 11,241 shares of Twilio stock in a transaction on Monday, July 1st. The shares were sold at an average price of $56.29, for a total value of $632,755.89. Following the transaction, the chief executive officer now directly owns 300,084 shares of the company’s stock, valued at $16,891,728.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Aidan Viggiano sold 1,931 shares of the stock in a transaction on Tuesday, August 20th. The shares were sold at an average price of $61.67, for a total value of $119,084.77. Following the sale, the chief financial officer now owns 184,570 shares of the company’s stock, valued at approximately $11,382,431.90. The disclosure for this sale can be found here. Insiders have sold 47,030 shares of company stock worth $2,677,475 over the last quarter. Insiders own 4.50% of the company’s stock.

Analysts Set New Price Targets

TWLO has been the subject of a number of recent research reports. Piper Sandler reiterated an “overweight” rating and issued a $83.00 target price (up previously from $77.00) on shares of Twilio in a report on Friday, August 2nd. Morgan Stanley cut shares of Twilio from an “overweight” rating to an “equal weight” rating and cut their price objective for the company from $70.00 to $60.00 in a research report on Friday, June 14th. Tigress Financial raised their target price on shares of Twilio from $75.00 to $85.00 and gave the stock a “buy” rating in a report on Friday, August 23rd. Wells Fargo & Company upped their price target on shares of Twilio from $60.00 to $65.00 and gave the company an “equal weight” rating in a report on Friday, August 2nd. Finally, StockNews.com raised shares of Twilio from a “hold” rating to a “buy” rating in a research note on Friday, September 13th. Two analysts have rated the stock with a sell rating, eleven have issued a hold rating and ten have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $70.52.

Twilio Price Performance

Shares of TWLO opened at $63.22 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 5.57 and a current ratio of 5.57. The company has a 50 day moving average price of $59.94 and a 200-day moving average price of $59.42. Twilio Inc. has a fifty-two week low of $49.86 and a fifty-two week high of $78.16. The stock has a market capitalization of $10.15 billion, a PE ratio of -15.77, a PEG ratio of 3.43 and a beta of 1.35.

Twilio (NYSE:TWLO) last announced its earnings results on Thursday, August 1st. The technology company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.17. Twilio had a negative return on equity of 0.22% and a negative net margin of 14.02%. The business had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same quarter last year, the firm earned ($0.23) EPS. The business’s revenue for the quarter was up 4.4% on a year-over-year basis. Equities analysts predict that Twilio Inc. will post 0.54 earnings per share for the current fiscal year.

Twilio Profile

Twilio Inc, together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. It operates through two segments, Twilio Communications and Twilio Segment. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, flex, marketing campaigns, and user identity and authentication.