Yousif Capital Management LLC purchased a new stake in Twilio Inc. (NYSE:TWLO – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 2,155 shares of the technology company’s stock, valued at approximately $233,000.
Other hedge funds have also recently bought and sold shares of the company. Tidal Investments LLC grew its position in shares of Twilio by 0.6% during the 3rd quarter. Tidal Investments LLC now owns 17,666 shares of the technology company’s stock worth $1,152,000 after purchasing an additional 112 shares in the last quarter. Covestor Ltd grew its position in Twilio by 16.7% during the third quarter. Covestor Ltd now owns 1,033 shares of the technology company’s stock worth $67,000 after buying an additional 148 shares in the last quarter. GAMMA Investing LLC increased its stake in Twilio by 25.0% during the 4th quarter. GAMMA Investing LLC now owns 849 shares of the technology company’s stock worth $92,000 after acquiring an additional 170 shares during the period. Metis Global Partners LLC raised its holdings in Twilio by 2.5% in the 3rd quarter. Metis Global Partners LLC now owns 7,324 shares of the technology company’s stock valued at $478,000 after acquiring an additional 182 shares in the last quarter. Finally, Carolina Wealth Advisors LLC lifted its position in shares of Twilio by 2.4% during the 4th quarter. Carolina Wealth Advisors LLC now owns 9,027 shares of the technology company’s stock valued at $976,000 after acquiring an additional 208 shares during the period. 84.27% of the stock is currently owned by institutional investors and hedge funds.
Twilio Stock Performance
NYSE:TWLO opened at $125.41 on Tuesday. The stock has a market cap of $19.23 billion, a P/E ratio of -48.80, a PEG ratio of 3.60 and a beta of 1.43. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12. The business’s 50-day moving average price is $121.20 and its two-hundred day moving average price is $90.64. Twilio Inc. has a twelve month low of $52.51 and a twelve month high of $151.95.
Insider Transactions at Twilio
In other news, insider Dana Wagner sold 4,629 shares of the business’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $110.00, for a total value of $509,190.00. Following the completion of the sale, the insider now directly owns 125,576 shares in the company, valued at approximately $13,813,360. The trade was a 3.56 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Khozema Shipchandler sold 10,834 shares of the stock in a transaction on Monday, January 6th. The shares were sold at an average price of $113.58, for a total transaction of $1,230,525.72. Following the transaction, the chief executive officer now directly owns 244,971 shares in the company, valued at approximately $27,823,806.18. This represents a 4.24 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 22,015 shares of company stock valued at $2,483,695. Insiders own 4.50% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts have commented on the stock. Barclays raised their target price on shares of Twilio from $120.00 to $140.00 and gave the company an “equal weight” rating in a report on Friday. Stifel Nicolaus lifted their price objective on shares of Twilio from $130.00 to $135.00 and gave the company a “hold” rating in a research note on Friday. JPMorgan Chase & Co. boosted their price objective on shares of Twilio from $83.00 to $130.00 and gave the company an “overweight” rating in a research report on Friday, January 24th. Morgan Stanley raised their target price on Twilio from $115.00 to $118.00 and gave the company an “equal weight” rating in a report on Friday, January 17th. Finally, Royal Bank of Canada reissued an “underperform” rating and set a $50.00 price target on shares of Twilio in a report on Tuesday, January 21st. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $130.91.
Read Our Latest Report on TWLO
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.
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