Level Four Advisory Services LLC Acquires 1,555 Shares of Twilio Inc. (NYSE:TWLO)

Level Four Advisory Services LLC lifted its position in shares of Twilio Inc. (NYSE:TWLO) by 2.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 79,349 shares of the technology company’s stock after purchasing an additional 1,555 shares during the quarter. Level Four Advisory Services LLC owned about 0.05% of Twilio worth $8,576,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Thrivent Financial for Lutherans bought a new position in shares of Twilio during the third quarter valued at $253,000. Cerity Partners LLC grew its holdings in Twilio by 41.0% during the third quarter. Cerity Partners LLC now owns 65,168 shares of the technology company’s stock valued at $4,250,000 after purchasing an additional 18,960 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in shares of Twilio by 151.7% in the third quarter. The Manufacturers Life Insurance Company now owns 43,237 shares of the technology company’s stock worth $2,820,000 after buying an additional 26,062 shares in the last quarter. Dai ichi Life Insurance Company Ltd purchased a new position in Twilio during the third quarter valued at $448,000. Finally, FMR LLC increased its holdings in shares of Twilio by 0.8% in the third quarter. FMR LLC now owns 9,206,488 shares of the technology company’s stock worth $600,447,000 after purchasing an additional 77,436 shares during the last quarter. Institutional investors own 84.27% of the company’s stock.

Insider Transactions at Twilio

In other news, CEO Khozema Shipchandler sold 10,834 shares of the firm’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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Aidan Viggiano sold 1,391 shares of the business’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 of the company’s stock, valued at $18,990,140.69. The trade was a 0.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,277 shares of company stock worth $2,441,324. 4.50% of the stock is owned by corporate insiders.

Twilio Trading Down 2.3 %

Shares of NYSE:TWLO opened at $101.80 on Friday. Twilio Inc. has a fifty-two week low of $52.51 and a fifty-two week high of $151.95. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12. The company has a market cap of $15.54 billion, a PE ratio of -159.06, a P/E/G ratio of 4.30 and a beta of 1.47. The company’s 50-day moving average price is $120.82 and its 200 day moving average price is $100.09.

Twilio (NYSE:TWLO) last issued its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share 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 business had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.19 billion. Sell-side analysts anticipate that Twilio Inc. will post 1.44 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have issued reports on TWLO shares. William Blair restated an “outperform” rating on shares of Twilio in a research report on Friday, February 14th. Scotiabank increased their price objective on shares of Twilio from $90.00 to $160.00 and gave the company a “sector outperform” rating in a research note on Friday, January 24th. Needham & Company LLC increased their target price on shares of Twilio from $91.00 to $165.00 and gave the company a “buy” rating in a research report on Tuesday, January 28th. Wells Fargo & Company raised their price target on shares of Twilio from $140.00 to $155.00 and gave the stock an “overweight” rating in a report on Friday, January 24th. Finally, Robert W. Baird upgraded Twilio from a “neutral” rating to an “outperform” rating and increased their price target for the stock from $115.00 to $160.00 in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $135.35.

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.