Twilio Inc. (NYSE:TWLO) Shares Acquired by Optimum Investment Advisors

Optimum Investment Advisors increased its position in Twilio Inc. (NYSE:TWLO) by 33.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 810 shares of the technology company’s stock after purchasing an additional 205 shares during the period. Optimum Investment Advisors’ holdings in Twilio were worth $88,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Victory Capital Management Inc. boosted its stake in Twilio by 41.8% in the third quarter. Victory Capital Management Inc. now owns 38,903 shares of the technology company’s stock valued at $2,537,000 after acquiring an additional 11,472 shares during the period. Thrivent Financial for Lutherans acquired a new position in Twilio in the third quarter valued at approximately $253,000. B. Metzler seel. Sohn & Co. Holding AG acquired a new position in Twilio in the third quarter valued at approximately $758,000. Meridian Wealth Management LLC boosted its stake in Twilio by 11.8% in the third quarter. Meridian Wealth Management LLC now owns 14,585 shares of the technology company’s stock valued at $951,000 after acquiring an additional 1,538 shares during the period. Finally, Cerity Partners LLC boosted its stake in Twilio by 41.0% in the third quarter. Cerity Partners LLC now owns 65,168 shares of the technology company’s stock valued at $4,250,000 after acquiring an additional 18,960 shares during the period. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Piper Sandler restated an “overweight” rating and issued a $142.00 target price (up from $94.00) on shares of Twilio in a research note on Friday, January 24th. JMP Securities restated a “market outperform” rating and issued a $165.00 target price on shares of Twilio in a research note on Friday, February 14th. Stifel Nicolaus lifted their price target on Twilio from $130.00 to $135.00 and gave the company a “hold” rating in a report on Friday, February 14th. William Blair reaffirmed an “outperform” rating on shares of Twilio in a report on Friday, February 14th. Finally, Oppenheimer lifted their price target on Twilio from $90.00 to $160.00 and gave the company an “outperform” rating in a report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $135.35.

Insider Buying and Selling at Twilio

In other news, CFO Aidan Viggiano sold 1,391 shares of the company’s stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $124.51, for a total value of $173,193.41. Following the transaction, the chief financial officer now owns 152,519 shares in the company, valued at $18,990,140.69. This represents a 0.90 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Khozema Shipchandler sold 10,834 shares of the company’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $113.58, for a total value of $1,230,525.72. Following the completion of the transaction, the chief executive officer now owns 244,971 shares in the company, 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 ninety days, insiders sold 21,277 shares of company stock valued at $2,441,324. 4.50% of the stock is currently owned by corporate insiders.

Twilio Trading Up 1.6 %

Shares of NYSE TWLO opened at $103.44 on Monday. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12. Twilio Inc. has a 12 month low of $52.51 and a 12 month high of $151.95. The company has a market cap of $15.79 billion, a price-to-earnings ratio of -161.62, a P/E/G ratio of 4.30 and a beta of 1.47. The business has a fifty day simple moving average of $121.32 and a 200-day simple moving average of $99.40.

Twilio (NYSE:TWLO) last posted its quarterly earnings data on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.77). Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. The firm had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Sell-side analysts predict that Twilio Inc. will post 1.44 EPS for the current year.

Twilio Company 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.