Steward Partners Investment Advisory LLC Grows Holdings in Twilio Inc. (NYSE:TWLO)

Steward Partners Investment Advisory LLC boosted its holdings in Twilio Inc. (NYSE:TWLO) by 778.5% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 1,186 shares of the technology company’s stock after buying an additional 1,051 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Twilio were worth $128,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of TWLO. True Wealth Design LLC grew 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 acquiring an additional 416 shares in the last quarter. JFS Wealth Advisors LLC grew its holdings in Twilio by 244.0% during the 4th quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company’s stock valued at $41,000 after buying an additional 266 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in Twilio by 79.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company’s stock valued at $41,000 after buying an additional 166 shares in the last quarter. Centricity Wealth Management LLC bought a new stake in shares of Twilio in the 4th quarter worth about $44,000. Finally, Brooklyn Investment Group purchased a new stake in shares of Twilio during the 3rd quarter valued at about $46,000. Hedge funds and other institutional investors own 84.27% of the company’s stock.

Twilio Trading Up 4.2 %

NYSE:TWLO opened at $98.90 on Monday. The firm has a fifty day simple moving average of $122.22 and a 200-day simple moving average of $98.00. Twilio Inc. has a 12 month low of $52.51 and a 12 month high of $151.95. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $15.10 billion, a P/E ratio of -154.53, a PEG ratio of 4.30 and a beta of 1.47.

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

Insider Buying and Selling at Twilio

In other news, CFO Aidan Viggiano sold 6,552 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $113.55, for a total value of $743,979.60. Following the completion of the sale, the chief financial officer now directly owns 153,910 shares in the company, valued at $17,476,480.50. The trade was a 4.08 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Khozema Shipchandler sold 10,834 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer now directly owns 244,971 shares of the company’s stock, valued at $27,823,806.18. This represents a 4.24 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 21,277 shares of company stock valued at $2,441,324. 4.50% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts have weighed in on TWLO shares. JMP Securities reiterated a “market outperform” rating and set a $165.00 price objective on shares of Twilio in a research report on Friday, February 14th. UBS Group upped their target price on shares of Twilio from $145.00 to $175.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. StockNews.com raised Twilio from a “hold” rating to a “buy” rating in a research note on Friday. Jefferies Financial Group increased their price objective on Twilio from $105.00 to $145.00 and gave the stock a “hold” rating in a research note on Friday, February 14th. Finally, Barclays increased their price objective on shares of Twilio from $120.00 to $140.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $134.26.

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.