J. Safra Sarasin Holding AG Has $1.90 Million Stock Position in Twilio Inc. (NYSE:TWLO)

J. Safra Sarasin Holding AG cut its position in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 34.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,538 shares of the technology company's stock after selling 9,298 shares during the period. J. Safra Sarasin Holding AG's holdings in Twilio were worth $1,896,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. JFS Wealth Advisors LLC boosted its position in Twilio by 244.0% during the fourth quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company's stock worth $41,000 after purchasing an additional 266 shares during the period. Parkside Financial Bank & Trust lifted its stake in shares of Twilio by 79.4% in the fourth quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company's stock worth $41,000 after buying an additional 166 shares during the last quarter. Centricity Wealth Management LLC acquired a new position in Twilio in the 4th quarter valued at $44,000. Private Trust Co. NA raised its holdings in Twilio by 395.6% in the 4th quarter. Private Trust Co. NA now owns 451 shares of the technology company's stock worth $49,000 after acquiring an additional 360 shares during the period. Finally, Murphy & Mullick Capital Management Corp acquired a new position in Twilio during the 4th quarter worth $75,000. Institutional investors own 84.27% of the company's stock.

Wall Street Analyst Weigh In

TWLO has been the topic of several research analyst reports. Jefferies Financial Group raised their price target on Twilio from $105.00 to $145.00 and gave the company a "hold" rating in a research report on Friday, February 14th. William Blair reaffirmed an "outperform" rating on shares of Twilio in a research report on Friday, February 14th. Needham & Company LLC increased their price objective on Twilio from $91.00 to $165.00 and gave the company a "buy" rating in a research report on Tuesday, January 28th. Baird R W raised shares of Twilio from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 24th. Finally, The Goldman Sachs Group upgraded shares of Twilio from a "neutral" rating to a "buy" rating and upped their target price for the company from $77.00 to $185.00 in a research note on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Twilio presently has an average rating of "Moderate Buy" and a consensus price target of $130.61.

Insider Buying and Selling

In other Twilio news, CFO Aidan Viggiano sold 2,500 shares of the business's stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $117.45, for a total transaction of $293,625.00. Following the completion of the sale, the chief financial officer now directly owns 184,164 shares of the company's stock, valued at approximately $21,630,061.80. The trade was a 1.34 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Khozema Shipchandler sold 12,056 shares of the company's stock in a transaction dated 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 transaction, the chief executive officer now owns 295,134 shares in the company, valued at approximately $28,297,447.92. The trade was a 3.92 % 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 in the last quarter. Insiders own 4.50% of the company's stock.

Twilio Trading Up 2.7 %

Shares of TWLO opened at $83.74 on Wednesday. The stock has a fifty day moving average price of $101.36 and a two-hundred day moving average price of $103.69. 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 cap of $12.78 billion, a price-to-earnings ratio of -130.84, a PEG ratio of 4.30 and a beta of 1.50. Twilio Inc. has a 52-week low of $52.51 and a 52-week high of $151.95.

Twilio (NYSE:TWLO - Get Free Report) last issued 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). The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.19 billion. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. Analysts predict that Twilio Inc. will post 1.44 EPS for the current fiscal year.

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.

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