Proficio Capital Partners LLC acquired a new stake in Twilio Inc. (NYSE:TWLO - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 97,488 shares of the technology company's stock, valued at approximately $97,000. Proficio Capital Partners LLC owned approximately 0.06% of Twilio as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. 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 4th quarter. GHP Investment Advisors Inc. now owns 1,107 shares of the technology company's stock worth $120,000 after purchasing an additional 104 shares during the last quarter. Tidal Investments LLC increased its stake in shares of Twilio by 0.6% in the third quarter. Tidal Investments LLC now owns 17,666 shares of the technology company's stock worth $1,152,000 after buying an additional 112 shares during the last quarter. Covestor Ltd grew its stake in Twilio by 16.7% in the third quarter. Covestor Ltd now owns 1,033 shares of the technology company's stock worth $67,000 after purchasing an additional 148 shares in the last quarter. Finally, GAMMA Investing LLC grew its position in shares of Twilio by 25.0% in the 4th quarter. GAMMA Investing LLC now owns 849 shares of the technology company's stock worth $92,000 after acquiring an additional 170 shares in the last quarter. Institutional investors and hedge funds own 84.27% of the company's stock.
Analyst Ratings Changes
A number of research analysts have recently issued reports on TWLO shares. StockNews.com downgraded shares of Twilio from a "buy" rating to a "hold" rating in a research report on Friday, February 28th. Tigress Financial increased their price target on Twilio from $135.00 to $170.00 and gave the stock a "buy" rating in a research note on Tuesday, February 25th. Mizuho raised their price objective on shares of Twilio from $140.00 to $150.00 and gave the company an "outperform" rating in a research note on Friday, January 24th. Scotiabank boosted their price target on shares of Twilio from $90.00 to $160.00 and gave the stock a "sector outperform" rating in a research report on Friday, January 24th. Finally, Royal Bank of Canada reaffirmed an "underperform" rating and issued a $50.00 price objective on shares of Twilio in a research note on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $134.26.
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Twilio Stock Performance
Shares of TWLO opened at $94.65 on Friday. Twilio Inc. has a 52 week low of $52.51 and a 52 week high of $151.95. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06. The company has a market capitalization of $14.45 billion, a PE ratio of -147.89, a PEG ratio of 4.30 and a beta of 1.47. The company's 50 day moving average price is $122.50 and its 200 day moving average price is $97.23.
Twilio (NYSE:TWLO - Get Free Report) last issued its quarterly earnings data 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 business had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.19 billion. Research analysts expect that Twilio Inc. will post 1.44 EPS for the current fiscal year.
Insider Buying and Selling
In related news, CEO Khozema Shipchandler sold 10,834 shares of the stock in a transaction that occurred 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 sale, the chief executive officer now owns 244,971 shares in the company, valued at $27,823,806.18. This 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 link. Also, CFO Aidan Viggiano sold 2,500 shares of Twilio stock in a transaction that occurred on 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 in the company, valued at approximately $21,630,061.80. This represents a 1.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 21,277 shares of company stock worth $2,441,324. 4.50% of the stock is currently owned by insiders.
Twilio Company Profile
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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.
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