Venturi Wealth Management LLC Increases Stock Position in Twilio Inc. (NYSE:TWLO)

Venturi Wealth Management LLC increased its position in Twilio Inc. (NYSE:TWLO) by 95.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,432 shares of the technology company’s stock after purchasing an additional 699 shares during the quarter. Venturi Wealth Management LLC’s holdings in Twilio were worth $155,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. FMR LLC boosted its stake in shares of Twilio by 0.8% in the third quarter. FMR LLC now owns 9,206,488 shares of the technology company’s stock valued at $600,447,000 after purchasing an additional 77,436 shares during the period. Pacer Advisors Inc. boosted its stake in Twilio by 18.3% during the 3rd quarter. Pacer Advisors Inc. now owns 2,867,623 shares of the technology company’s stock valued at $187,026,000 after acquiring an additional 444,295 shares during the last quarter. Geode Capital Management LLC boosted its stake in Twilio by 1.3% during the 3rd quarter. Geode Capital Management LLC now owns 2,724,406 shares of the technology company’s stock valued at $177,622,000 after acquiring an additional 33,824 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in Twilio by 258.4% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 874,647 shares of the technology company’s stock valued at $57,044,000 after acquiring an additional 630,627 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. boosted its stake in Twilio by 0.5% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 866,921 shares of the technology company’s stock valued at $56,541,000 after acquiring an additional 4,061 shares during the last quarter. 84.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Twilio

In other news, insider Dana Wagner sold 4,629 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $110.00, for a total transaction of $509,190.00. Following the completion of the transaction, the insider now owns 125,576 shares in the company, valued at approximately $13,813,360. This trade represents a 3.56 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Aidan Viggiano sold 1,391 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $124.51, for a total transaction of $173,193.41. Following the transaction, the chief financial officer now owns 152,519 shares of the company’s stock, valued at approximately $18,990,140.69. This trade represents a 0.90 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 23,406 shares of company stock valued at $2,656,889. Company insiders own 4.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on TWLO shares. 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. Stifel Nicolaus increased 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, February 14th. The Goldman Sachs Group upgraded shares of Twilio from a “neutral” rating to a “buy” rating and increased their price objective for the company from $77.00 to $185.00 in a research note on Monday, January 27th. Northland Securities increased their price objective on shares of Twilio from $66.00 to $86.00 and gave the company a “market perform” rating in a research note on Thursday, October 31st. Finally, William Blair restated an “outperform” rating on shares of Twilio in a research report on Friday, February 14th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $130.91.

Twilio Stock Down 3.3 %

Twilio stock opened at $114.16 on Friday. The stock has a market cap of $17.51 billion, a price-to-earnings ratio of -178.37, a PEG ratio of 4.30 and a beta of 1.43. 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’s 50-day moving average price is $122.09 and its two-hundred day moving average price is $92.34. Twilio Inc. has a 52 week low of $52.51 and a 52 week high of $151.95.

Twilio (NYSE:TWLO) last released its earnings results 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 company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.19 billion. Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. On average, analysts expect that Twilio Inc. will post 1.44 EPS for the current fiscal year.

About Twilio

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.