Blue Trust Inc. Has $131,000 Holdings in Twilio Inc. (NYSE:TWLO)

Blue Trust Inc. trimmed its holdings in Twilio Inc. (NYSE:TWLO) by 12.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,214 shares of the technology company’s stock after selling 173 shares during the period. Blue Trust Inc.’s holdings in Twilio were worth $131,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Regatta Capital Group LLC bought a new stake in Twilio during the 4th quarter worth approximately $205,000. Brighton Jones LLC boosted its holdings in shares of Twilio by 6.6% in the fourth quarter. Brighton Jones LLC now owns 10,051 shares of the technology company’s stock valued at $1,086,000 after buying an additional 623 shares during the period. Avior Wealth Management LLC increased its position in shares of Twilio by 4,061.7% during the fourth quarter. Avior Wealth Management LLC now owns 4,786 shares of the technology company’s stock worth $517,000 after acquiring an additional 4,671 shares in the last quarter. Raleigh Capital Management Inc. raised its holdings in shares of Twilio by 15,540.0% during the fourth quarter. Raleigh Capital Management Inc. now owns 782 shares of the technology company’s stock worth $85,000 after acquiring an additional 777 shares during the period. Finally, Janney Montgomery Scott LLC lifted its position in Twilio by 9.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 33,374 shares of the technology company’s stock valued at $3,607,000 after acquiring an additional 2,911 shares in the last quarter. 84.27% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CEO Khozema Shipchandler sold 10,834 shares of Twilio 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 directly owns 244,971 shares of the company’s stock, valued at approximately $27,823,806.18. This trade represents a 4.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Dana Wagner sold 4,629 shares of the company’s stock in a transaction 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 transaction, the insider now directly owns 125,576 shares in the company, valued at approximately $13,813,360. This represents a 3.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 22,015 shares of company stock valued at $2,483,695 over the last ninety days. 4.50% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on TWLO shares. UBS Group increased their target price on Twilio from $140.00 to $145.00 and gave the stock a “buy” rating in a report on Friday, January 24th. Monness Crespi & Hardt increased their price objective on Twilio from $135.00 to $152.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Wells Fargo & Company boosted their target price on Twilio from $140.00 to $155.00 and gave the company an “overweight” rating in a research note on Friday, January 24th. Robert W. Baird raised shares of Twilio from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $115.00 to $160.00 in a research note on Friday, January 24th. Finally, Jefferies Financial Group boosted their price objective on shares of Twilio from $60.00 to $85.00 and gave the stock a “hold” rating in a research report on Thursday, October 31st. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Twilio presently has an average rating of “Moderate Buy” and an average price target of $119.25.

Twilio Trading Up 0.7 %

Shares of Twilio stock opened at $146.93 on Thursday. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.06 and a quick ratio of 5.06. The business has a fifty day simple moving average of $115.44 and a two-hundred day simple moving average of $85.88. Twilio Inc. has a 1 year low of $52.51 and a 1 year high of $151.95. The company has a market capitalization of $22.54 billion, a price-to-earnings ratio of -57.17, a P/E/G ratio of 3.58 and a beta of 1.42.

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.