New York State Teachers Retirement System Has $1.05 Million Position in Twilio Inc. (NYSE:TWLO)

New York State Teachers Retirement System grew its position in Twilio Inc. (NYSE:TWLO) by 44.3% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,017 shares of the technology company’s stock after buying an additional 4,916 shares during the quarter. New York State Teachers Retirement System’s holdings in Twilio were worth $1,045,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in TWLO. Tidal Investments LLC increased its position in Twilio by 2.3% during the 1st quarter. Tidal Investments LLC now owns 7,295 shares of the technology company’s stock worth $446,000 after purchasing an additional 166 shares in the last quarter. Arizona State Retirement System increased its position in Twilio by 0.4% during the 2nd quarter. Arizona State Retirement System now owns 47,511 shares of the technology company’s stock worth $2,699,000 after purchasing an additional 205 shares in the last quarter. Royal London Asset Management Ltd. increased its position in Twilio by 0.4% during the 2nd quarter. Royal London Asset Management Ltd. now owns 60,074 shares of the technology company’s stock worth $3,413,000 after purchasing an additional 220 shares in the last quarter. HHM Wealth Advisors LLC increased its position in Twilio by 43.3% during the 2nd quarter. HHM Wealth Advisors LLC now owns 860 shares of the technology company’s stock worth $49,000 after purchasing an additional 260 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in Twilio by 70.6% during the 2nd quarter. GAMMA Investing LLC now owns 638 shares of the technology company’s stock worth $36,000 after purchasing an additional 264 shares in the last quarter. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Twilio Trading Down 0.1 %

NYSE:TWLO opened at $92.29 on Friday. The firm’s fifty day moving average is $68.65 and its 200-day moving average is $62.22. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06. Twilio Inc. has a 52 week low of $52.51 and a 52 week high of $92.53. The firm has a market cap of $14.16 billion, a P/E ratio of -35.91, a P/E/G ratio of 2.61 and a beta of 1.32.

Insider Buying and Selling

In related news, insider Dana Wagner sold 1,989 shares of the stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $60.69, for a total transaction of $120,712.41. Following the transaction, the insider now directly owns 157,328 shares of the company’s stock, valued at $9,548,236.32. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, insider Dana Wagner sold 1,989 shares of the stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $60.69, for a total transaction of $120,712.41. Following the transaction, the insider now directly owns 157,328 shares of the company’s stock, valued at $9,548,236.32. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Aidan Viggiano sold 1,961 shares of the stock in a transaction on Thursday, August 15th. The stock was sold at an average price of $60.69, for a total transaction of $119,013.09. Following the transaction, the chief financial officer now directly owns 186,501 shares in the company, valued at approximately $11,318,745.69. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 56,418 shares of company stock valued at $3,749,556 over the last ninety days. 4.50% of the stock is owned by corporate insiders.

Analyst Ratings Changes

TWLO has been the subject of a number of research analyst reports. Piper Sandler upped their price objective on shares of Twilio from $83.00 to $94.00 and gave the stock an “overweight” rating in a research report on Thursday, October 31st. Northland Securities upped their price objective on shares of Twilio from $66.00 to $86.00 and gave the stock a “market perform” rating in a research report on Thursday, October 31st. JMP Securities reiterated a “market outperform” rating and set a $110.00 price objective on shares of Twilio in a research report on Tuesday, October 8th. Robert W. Baird boosted their target price on shares of Twilio from $65.00 to $80.00 and gave the stock a “neutral” rating in a report on Friday, November 1st. Finally, Jefferies Financial Group boosted their target price on shares of Twilio from $60.00 to $85.00 and gave the stock a “hold” rating in a report on Thursday, October 31st. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $79.55.

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.