2 weeks Ago By ABMN Staff
Townsquare Capital LLC cut its holdings in Twilio Inc. ( NYSE:TWLO – Free Report ) by 31.9% during the fourth quarter, Holdings Channel.
com reports. The firm owned 3,384 shares of the technology company’s stock after selling 1,586 shares during the quarter. Townsquare Capital LLC’s holdings in Twilio were worth $366,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in TWLO. M&T Bank Corp grew its stake in Twilio by 1.0% in the fourth quarter.
M&T Bank Corp now owns 8,727 shares of the technology company’s stock valued at $943,000 after purchasing an additional 85 shares in the last quarter. Allworth Financial LP grew its stake in shares of Twilio by 6.9% in the fourth quarter.
Allworth Financial LP now owns 1,465 shares of the technology company’s stock valued at $165,000 after buying an additional 94 shares in the last quarter. GHP Investment Advisors Inc. increased its holdings in Twilio by 10.
4% during the fourth quarter. GHP Investment Advisors Inc. now owns 1,107 shares of the technology company’s stock worth $120,000 after buying an additional 104 shares during the last quarter.
Tidal Investments LLC raised its position in Twilio by 0.6% during the third quarter. Tidal Investments LLC now owns 17,666 shares of the technology company’s stock worth $1,152,000 after acquiring an additional 112 shares in the last quarter.
Finally, Freestone Capital Holdings LLC lifted its stake in Twilio by 3.3% in the fourth quarter. Freestone Capital Holdings LLC now owns 3,918 shares of the technology company’s stock valued at $423,000 after acquiring an additional 124 shares during the last quarter.
Institutional investors own 84.27% of the company’s stock. Analyst Ratings Changes A number of brokerages have recently issued reports on TWLO.
Monness Crespi & Hardt upped their target price on shares of Twilio from $135.00 to $152.00 and gave the company a “buy” rating in a report on Monday, January 27th.
Jefferies Financial Group raised their price objective on Twilio from $105.00 to $145.00 and gave the company a “hold” rating in a research report on Friday, February 14th.
Oppenheimer boosted their target price on 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 set a $142.00 price objective (up from $94.00) on shares of Twilio in a research report on Friday, January 24th.
Finally, Baird R W raised shares of Twilio from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $132.
13. Twilio Price Performance Twilio stock opened at $81.56 on Tuesday.
The stock has a 50-day moving average price of $102.63 and a two-hundred day moving average price of $103.83.
Twilio Inc. has a 12 month low of $52.51 and a 12 month high of $151.
95. The company has a current ratio of 5.06, a quick ratio of 5.
06 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $12.
45 billion, a PE ratio of -127.44, a P/E/G ratio of 4.30 and a beta of 1.
50. Twilio ( NYSE:TWLO – Get Free Report ) last announced its quarterly earnings results on Thursday, February 13th. The technology company reported $0.
22 earnings per share (EPS) 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 business had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.19 billion.
Analysts expect that Twilio Inc. will post 1.44 EPS for the current year.
Insider Transactions at Twilio In other Twilio news, CEO Khozema Shipchandler sold 12,056 shares of the company’s stock in a transaction on Monday, March 31st. The shares were sold at an average price of $95.88, for a total transaction of $1,155,929.
28. Following the sale, the chief executive officer now owns 295,134 shares of the company’s stock, valued at approximately $28,297,447.92.
This represents a 3.92 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink .
Also, CFO Aidan Viggiano sold 2,500 shares of Twilio stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $117.45, for a total value of $293,625.
00. Following the completion of the transaction, the chief financial officer now directly owns 184,164 shares of the company’s stock, valued at approximately $21,630,061.80.
This trade represents a 1.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
Insiders sold 23,471 shares of company stock worth $2,344,149 over the last ninety days. 4.50% of the stock is owned by insiders.
Twilio Company Profile ( Free Report ) 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.
Read More Want to see what other hedge funds are holding TWLO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Twilio Inc. ( NYSE:TWLO – Free Report ).
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