Twilio Inc. (NYSE:TWLO) Stock Holdings Boosted by US Bancorp DE

US Bancorp DE boosted its stake in Twilio Inc. (NYSE:TWLO) by 23.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,907 shares of the technology company’s stock after buying an additional 1,120 shares during the period. US Bancorp DE’s holdings in Twilio were worth $638,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. True Wealth Design LLC lifted its stake in Twilio by 5,200.0% during the third quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock valued at $28,000 after buying an additional 416 shares in the last quarter. JFS Wealth Advisors LLC grew its holdings in Twilio by 244.0% during the fourth quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company’s stock valued at $41,000 after purchasing an additional 266 shares during the last quarter. Parkside Financial Bank & Trust boosted its position in shares of Twilio by 79.4% in the fourth quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company’s stock valued at $41,000 after acquiring an additional 166 shares during the period. Centricity Wealth Management LLC bought a new stake in shares of Twilio in the fourth quarter valued at approximately $44,000. Finally, Brooklyn Investment Group bought a new position in shares of Twilio during the third quarter valued at $46,000. 84.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

TWLO has been the subject of a number of analyst reports. Robert W. Baird raised Twilio from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $115.00 to $160.00 in a report on Friday, January 24th. Stifel Nicolaus boosted their target price on Twilio from $130.00 to $135.00 and gave the stock a “hold” rating in a research report on Friday, February 14th. Monness Crespi & Hardt lifted their price objective on Twilio from $135.00 to $152.00 and gave the company a “buy” rating in a report on Monday, January 27th. UBS Group boosted their target price on Twilio from $145.00 to $175.00 and gave the company a “buy” rating in a research note on Friday, February 14th. Finally, Mizuho boosted their price target on Twilio from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Twilio currently has a consensus rating of “Moderate Buy” and a consensus price target of $134.26.

Insider Buying and Selling at Twilio

In related news, CEO Khozema Shipchandler sold 10,834 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $113.58, for a total transaction of $1,230,525.72. Following the completion of the sale, the chief executive officer now owns 244,971 shares of the company’s stock, valued at $27,823,806.18. This trade represents a 4.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Aidan Viggiano sold 1,391 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $124.51, for a total value of $173,193.41. Following the completion of the transaction, the chief financial officer now owns 152,519 shares in the company, valued at approximately $18,990,140.69. The trade was a 0.90 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 21,277 shares of company stock worth $2,441,324. 4.50% of the stock is currently owned by insiders.

Twilio Stock Performance

Shares of NYSE TWLO opened at $100.13 on Wednesday. The stock’s fifty day moving average price is $122.90 and its two-hundred day moving average price is $97.21. The firm has a market cap of $15.36 billion, a price-to-earnings ratio of -156.46, a P/E/G ratio of 4.30 and a beta of 1.47. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.06 and a quick ratio of 5.06. Twilio Inc. has a one year low of $52.51 and a one year high of $151.95.

Twilio (NYSE:TWLO) last announced its quarterly earnings data on Thursday, February 13th. The technology company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.99 by ($0.77). Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. The business had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.19 billion. On average, equities analysts forecast that Twilio Inc. will post 1.44 EPS for the current 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.