8,316 Shares in Twilio Inc. (NYSE:TWLO) Bought by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV acquired a new position in shares of Twilio Inc. (NYSE:TWLO - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 8,316 shares of the technology company's stock, valued at approximately $899,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of TWLO. True Wealth Design LLC boosted its position in Twilio by 5,200.0% in the 3rd quarter. True Wealth Design LLC now owns 424 shares of the technology company's stock valued at $28,000 after buying an additional 416 shares during the last quarter. Brooklyn Investment Group acquired a new stake in Twilio during the 3rd quarter valued at approximately $46,000. Venturi Wealth Management LLC increased its holdings in Twilio by 205.4% during the 3rd quarter. Venturi Wealth Management LLC now owns 733 shares of the technology company's stock worth $48,000 after purchasing an additional 493 shares during the last quarter. Huntington National Bank boosted its stake in shares of Twilio by 214.5% during the 3rd quarter. Huntington National Bank now owns 780 shares of the technology company's stock valued at $51,000 after buying an additional 532 shares during the last quarter. Finally, Planning Capital Management Corp acquired a new stake in shares of Twilio during the third quarter worth approximately $53,000. Institutional investors and hedge funds own 84.27% of the company's stock.

Twilio Trading Down 2.7 %

NYSE TWLO traded down $3.31 on Thursday, hitting $117.92. 3,819,496 shares of the company were exchanged, compared to its average volume of 4,014,302. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.06 and a quick ratio of 5.06. Twilio Inc. has a twelve month low of $52.51 and a twelve month high of $151.95. The firm has a market capitalization of $18.09 billion, a P/E ratio of -184.25, a price-to-earnings-growth ratio of 4.70 and a beta of 1.43. The company's 50 day moving average price is $122.01 and its 200-day moving average price is $91.78.

Twilio (NYSE:TWLO - Get Free Report) last released its earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.99 by ($0.77). The business had revenue of $1.19 billion during the quarter, compared to analysts' expectations of $1.19 billion. Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. Analysts predict that Twilio Inc. will post 1.4 earnings per share for the current fiscal year.

Insider Buying and Selling at Twilio

In related news, insider Dana Wagner sold 4,629 shares of the business's stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $110.00, for a total value of $509,190.00. Following the completion of the sale, the insider now owns 125,576 shares of the company's stock, valued at approximately $13,813,360. The trade was a 3.56 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Khozema Shipchandler sold 10,834 shares of the business's 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 directly owns 244,971 shares of the company's stock, valued at $27,823,806.18. This represents a 4.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 22,015 shares of company stock worth $2,483,695. 4.50% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

TWLO has been the topic of several recent analyst reports. JPMorgan Chase & Co. upped their price target on shares of Twilio from $83.00 to $130.00 and gave the company an "overweight" rating in a report on Friday, January 24th. Northland Securities upped their price objective on Twilio from $66.00 to $86.00 and gave the company a "market perform" rating in a research note on Thursday, October 31st. Jefferies Financial Group lifted their target price on Twilio from $105.00 to $145.00 and gave the stock a "hold" rating in a research report on Friday, February 14th. Wells Fargo & Company raised their price objective on Twilio from $140.00 to $155.00 and gave the stock an "overweight" rating in a research note on Friday, January 24th. Finally, Royal Bank of Canada reissued an "underperform" rating and set a $50.00 target price on shares of Twilio in a report on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Twilio has an average rating of "Moderate Buy" and an average price target of $130.91.

Twilio Company 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.