Xponance Inc. boosted its position in shares of Twilio Inc. (NYSE:TWLO – Free Report) by 1.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 17,623 shares of the technology company’s stock after purchasing an additional 193 shares during the quarter. Xponance Inc.’s holdings in Twilio were worth $1,905,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of TWLO. JFS Wealth Advisors LLC lifted its stake in shares of Twilio by 244.0% in the 4th 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 period. Parkside Financial Bank & Trust lifted its stake in shares of Twilio by 79.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company’s stock valued at $41,000 after purchasing an additional 166 shares during the period. Centricity Wealth Management LLC acquired a new position in shares of Twilio in the 4th quarter valued at $44,000. True Wealth Design LLC lifted its stake in shares of Twilio by 5,200.0% in the 3rd quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock valued at $28,000 after purchasing an additional 416 shares during the period. Finally, Private Trust Co. NA lifted its stake in shares of Twilio by 395.6% in the 4th quarter. Private Trust Co. NA now owns 451 shares of the technology company’s stock valued at $49,000 after purchasing an additional 360 shares during the period. Institutional investors and hedge funds own 84.27% of the company’s stock.
Insider Activity
In related news, CEO Khozema Shipchandler sold 10,834 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $113.58, for a total value of $1,230,525.72. Following the sale, the chief executive officer now owns 244,971 shares in the company, valued at approximately $27,823,806.18. This represents a 4.24 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Aidan Viggiano sold 6,552 shares of the stock in a transaction on Monday, January 6th. The shares were 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 owns 153,910 shares in the company, valued at approximately $17,476,480.50. This trade represents a 4.08 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 21,277 shares of company stock valued at $2,441,324. 4.50% of the stock is owned by insiders.
Twilio Trading Up 1.6 %
Twilio (NYSE:TWLO – Get Free Report) 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 company had revenue of $1.19 billion during 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, equities research analysts anticipate that Twilio Inc. will post 1.44 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
TWLO has been the topic of a number of analyst reports. Tigress Financial increased their price target on Twilio from $135.00 to $170.00 and gave the company a “buy” rating in a research note on Tuesday, February 25th. Mizuho increased their price target on Twilio from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Robert W. Baird upgraded shares of Twilio from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $115.00 to $160.00 in a research report on Friday, January 24th. JMP Securities restated a “market outperform” rating and issued a $165.00 price objective on shares of Twilio in a research report on Friday, February 14th. Finally, StockNews.com upgraded shares of Twilio from a “hold” rating to a “buy” rating in a research report on Friday, March 14th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, Twilio has a consensus rating of “Moderate Buy” and a consensus target price of $135.35.
View Our Latest Analysis 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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