2,360 Shares in Twilio Inc. (NYSE:TWLO) Bought by Certuity LLC

Certuity LLC acquired a new position in shares of Twilio Inc. (NYSE:TWLO) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 2,360 shares of the technology company’s stock, valued at approximately $255,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of TWLO. Robeco Institutional Asset Management B.V. grew its position 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 worth $57,044,000 after acquiring an additional 630,627 shares during the last quarter. Pacer Advisors Inc. grew its position in shares of Twilio by 18.3% in the 3rd quarter. Pacer Advisors Inc. now owns 2,867,623 shares of the technology company’s stock valued at $187,026,000 after buying an additional 444,295 shares during the last quarter. Allspring Global Investments Holdings LLC grew its position in shares of Twilio by 50,490.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 399,662 shares of the technology company’s stock valued at $26,066,000 after buying an additional 398,872 shares during the last quarter. KBC Group NV grew its position in shares of Twilio by 1,138.4% in the 4th quarter. KBC Group NV now owns 281,174 shares of the technology company’s stock valued at $30,389,000 after buying an additional 258,469 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in shares of Twilio by 2,412.9% in the 3rd quarter. Franklin Resources Inc. now owns 202,010 shares of the technology company’s stock valued at $14,341,000 after buying an additional 193,971 shares during the last quarter. Institutional investors own 84.27% of the company’s stock.

Twilio Stock Performance

Shares of Twilio stock opened at $147.27 on Friday. The company has a market cap of $22.59 billion, a PE ratio of -57.30, a price-to-earnings-growth ratio of 3.60 and a beta of 1.43. Twilio Inc. has a 52 week low of $52.51 and a 52 week high of $151.95. The business has a 50 day moving average price of $120.22 and a 200-day moving average price of $89.34. 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 (NYSE:TWLO) last issued 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). Twilio had a positive return on equity of 0.85% and a negative net margin of 10.65%. Equities analysts anticipate that Twilio Inc. will post 0.88 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have commented on TWLO. Robert W. Baird upgraded Twilio from a “neutral” rating to an “outperform” rating and upped their price target for the company from $115.00 to $160.00 in a research report on Friday, January 24th. The Goldman Sachs Group upgraded Twilio from a “neutral” rating to a “buy” rating and upped their price target for the company from $77.00 to $185.00 in a research report on Monday, January 27th. Mizuho upped their price target on Twilio from $140.00 to $150.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Wells Fargo & Company upped their target price on Twilio from $140.00 to $155.00 and gave the company an “overweight” rating in a research report on Friday, January 24th. Finally, Morgan Stanley upped their target price on Twilio from $115.00 to $118.00 and gave the company an “equal weight” rating in a research report on Friday, January 17th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $119.25.

Insider Transactions at Twilio

In related news, insider Dana Wagner sold 4,629 shares of the stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $110.00, for a total transaction of $509,190.00. Following the completion of the sale, the insider now directly owns 125,576 shares of the company’s stock, valued at approximately $13,813,360. This trade represents a 3.56 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Aidan Viggiano sold 6,552 shares of the stock in a transaction that occurred 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 sale, the chief financial officer now directly owns 153,910 shares of the company’s stock, valued at $17,476,480.50. The trade was a 4.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 22,015 shares of company stock valued at $2,483,695 over the last ninety days. 4.50% of the stock is currently owned by insiders.

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.