Twilio Inc. (NYSE:TWLO) Shares Bought by Achmea Investment Management B.V.

Achmea Investment Management B.V. boosted its holdings in shares of Twilio Inc. (NYSE:TWLO) by 72.7% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 49,300 shares of the technology company’s stock after purchasing an additional 20,746 shares during the period. Achmea Investment Management B.V.’s holdings in Twilio were worth $5,329,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ritholtz Wealth Management acquired a new position in Twilio during the fourth quarter valued at $344,000. KBC Group NV lifted its position in Twilio by 67.4% during the third quarter. KBC Group NV now owns 22,705 shares of the technology company’s stock valued at $1,481,000 after purchasing an additional 9,140 shares during the period. Bleakley Financial Group LLC acquired a new position in Twilio during the fourth quarter valued at $230,000. Zacks Investment Management acquired a new position in Twilio during the third quarter valued at $3,386,000. Finally, Aigen Investment Management LP lifted its position in Twilio by 81.6% during the fourth quarter. Aigen Investment Management LP now owns 11,546 shares of the technology company’s stock valued at $1,248,000 after purchasing an additional 5,188 shares during the period. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Twilio Stock Performance

Twilio stock opened at $98.90 on Friday. The firm has a 50 day simple moving average of $122.22 and a 200-day simple moving average of $97.50. Twilio Inc. has a 1-year low of $52.51 and a 1-year high of $151.95. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.06 and a quick ratio of 5.06. The stock has a market cap of $15.10 billion, a price-to-earnings ratio of -154.53, a price-to-earnings-growth ratio of 4.30 and a beta of 1.47.

Twilio (NYSE:TWLO) last posted its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share for the quarter, missing the consensus estimate 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 during the quarter, compared to analysts’ expectations of $1.19 billion. On average, analysts expect that Twilio Inc. will post 1.44 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have weighed in on the stock. William Blair reaffirmed an “outperform” rating on shares of Twilio in a report on Friday, February 14th. Mizuho lifted their price objective on shares of Twilio from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Barclays lifted their price objective on shares of Twilio from $120.00 to $140.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Oppenheimer lifted their price objective on shares of Twilio from $90.00 to $160.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Finally, JMP Securities reissued a “market outperform” rating and set a $165.00 target price on shares of Twilio in a research note on Friday, February 14th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $134.26.

Insider Activity

In related news, CEO Khozema Shipchandler sold 10,834 shares of the stock in a transaction that occurred on Monday, January 6th. The shares were 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 of the company’s stock, valued at approximately $27,823,806.18. This trade represents a 4.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Aidan Viggiano sold 1,391 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $124.51, for a total transaction of $173,193.41. Following the transaction, the chief financial officer now directly owns 152,519 shares of the company’s stock, valued at $18,990,140.69. The trade was a 0.90 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 21,277 shares of company stock valued at $2,441,324 in the last 90 days. Company insiders own 4.50% of the company’s stock.

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.