UniSuper Management Pty Ltd Sells 1,700 Shares of Twilio Inc. (NYSE:TWLO)

UniSuper Management Pty Ltd trimmed its stake in Twilio Inc. (NYSE:TWLO) by 37.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,900 shares of the technology company’s stock after selling 1,700 shares during the period. UniSuper Management Pty Ltd’s holdings in Twilio were worth $313,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. JFS Wealth Advisors LLC raised its position in shares of 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 increased its stake in Twilio by 79.4% in the fourth quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company’s stock valued at $41,000 after acquiring an additional 166 shares during the last quarter. Centricity Wealth Management LLC purchased a new stake in Twilio during the fourth quarter valued at about $44,000. True Wealth Design LLC lifted 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 worth $28,000 after purchasing an additional 416 shares during the last quarter. Finally, Private Trust Co. NA boosted its holdings 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 worth $49,000 after purchasing an additional 360 shares in the last quarter. 84.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently weighed in on TWLO shares. Jefferies Financial Group raised their price objective on Twilio from $105.00 to $145.00 and gave the company a “hold” rating in a report on Friday, February 14th. Oppenheimer boosted their price objective on shares of Twilio from $90.00 to $160.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Piper Sandler reaffirmed an “overweight” rating and issued a $142.00 price objective (up previously from $94.00) on shares of Twilio in a research note on Friday, January 24th. Needham & Company LLC lifted their target price on shares of Twilio from $91.00 to $165.00 and gave the stock a “buy” rating in a research report on Tuesday, January 28th. Finally, Monness Crespi & Hardt upped their price target on shares of Twilio from $135.00 to $152.00 and gave the company a “buy” rating in a research report on Monday, January 27th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Twilio has a consensus rating of “Moderate Buy” and a consensus target price of $135.35.

Insiders Place Their Bets

In other Twilio news, CEO Khozema Shipchandler sold 10,834 shares of Twilio stock in a transaction 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 transaction, the chief executive officer now owns 244,971 shares in the company, valued at approximately $27,823,806.18. The trade was a 4.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Aidan Viggiano sold 1,391 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $124.51, for a total value of $173,193.41. Following the completion of the sale, the chief financial officer now directly owns 152,519 shares in the company, valued at approximately $18,990,140.69. This represents a 0.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 21,277 shares of company stock worth $2,441,324. 4.50% of the stock is currently owned by company insiders.

Twilio Stock Down 0.8 %

Shares of NYSE:TWLO opened at $98.20 on Tuesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06. Twilio Inc. has a 52-week low of $52.51 and a 52-week high of $151.95. The firm has a market capitalization of $14.99 billion, a P/E ratio of -153.44, a P/E/G ratio of 4.30 and a beta of 1.47. The stock has a 50 day moving average price of $120.28 and a 200-day moving average price of $101.24.

Twilio (NYSE:TWLO) last announced its earnings results on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.77). The business had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.19 billion. Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. As a group, equities research analysts anticipate that Twilio Inc. will post 1.44 EPS for the current fiscal 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.