Twilio Inc. (NYSE:TWLO) Shares Acquired by Nebula Research & Development LLC

Nebula Research & Development LLC lifted its position in Twilio Inc. (NYSE:TWLO - Free Report) by 69.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 26,550 shares of the technology company's stock after buying an additional 10,863 shares during the period. Nebula Research & Development LLC's holdings in Twilio were worth $2,870,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Ritholtz Wealth Management bought a new position in shares of Twilio during the fourth quarter worth $344,000. Bleakley Financial Group LLC bought a new stake in shares of Twilio in the fourth quarter worth about $230,000. Aigen Investment Management LP boosted its stake in Twilio by 81.6% during the fourth quarter. Aigen Investment Management LP now owns 11,546 shares of the technology company's stock valued at $1,248,000 after buying an additional 5,188 shares during the last quarter. Highland Capital Management LLC bought a new stake in Twilio in the 4th quarter worth approximately $912,000. Finally, Moloney Securities Asset Management LLC purchased a new stake in shares of Twilio during the 4th quarter worth approximately $860,000. Hedge funds and other institutional investors own 84.27% of the company's stock.

Insider Buying and Selling at Twilio

In related news, CFO Aidan Viggiano sold 7,524 shares of the stock in a transaction dated Monday, March 31st. The shares were sold at an average price of $95.88, for a total transaction of $721,401.12. Following the sale, the chief financial officer now owns 176,640 shares in the company, valued at $16,936,243.20. This represents a 4.09 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Khozema Shipchandler sold 12,056 shares of the company's stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of $95.88, for a total value of $1,155,929.28. Following the transaction, the chief executive officer now directly owns 295,134 shares of the company's stock, valued at $28,297,447.92. This trade represents a 3.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 23,471 shares of company stock valued at $2,344,149 in the last three months. Corporate insiders own 4.50% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on TWLO. Monness Crespi & Hardt upped their price objective on Twilio from $135.00 to $152.00 and gave the company a "buy" rating in a research report on Monday, January 27th. Wells Fargo & Company cut their price objective on shares of Twilio from $160.00 to $120.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 22nd. Morgan Stanley reduced their price objective on shares of Twilio from $160.00 to $111.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Royal Bank of Canada reiterated an "underperform" rating and issued a $75.00 price target on shares of Twilio in a report on Wednesday, March 19th. Finally, Piper Sandler reaffirmed an "overweight" rating and issued a $142.00 price objective (up previously from $94.00) on shares of Twilio in a research report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $129.30.

Twilio Trading Up 1.7 %

Shares of TWLO traded up $1.62 during mid-day trading on Friday, reaching $95.15. The company had a trading volume of 2,286,162 shares, compared to its average volume of 2,645,171. The stock has a market cap of $14.52 billion, a price-to-earnings ratio of -148.67, a price-to-earnings-growth ratio of 4.30 and a beta of 1.50. 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 firm has a fifty day simple moving average of $99.35 and a 200-day simple moving average of $104.42. Twilio Inc. has a fifty-two week low of $52.51 and a fifty-two week high of $151.95.

Twilio (NYSE:TWLO - Get Free Report) last released its quarterly earnings data 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 positive return on equity of 1.38% and a negative net margin of 2.45%. The business had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.19 billion. On average, sell-side analysts anticipate that Twilio Inc. will post 1.44 EPS for the current fiscal year.

About Twilio

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.