United Advisor Group LLC Purchases New Holdings in Twilio Inc. (NYSE:TWLO)

United Advisor Group LLC acquired a new position in shares of Twilio Inc. (NYSE:TWLO - Free Report) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 15,298 shares of the technology company's stock, valued at approximately $998,000.

Other large investors also recently made changes to their positions in the company. SouthState Corp grew its stake in Twilio by 159.1% in the second quarter. SouthState Corp now owns 500 shares of the technology company's stock valued at $28,000 after purchasing an additional 307 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. acquired a new position in Twilio in the second quarter worth approximately $29,000. GAMMA Investing LLC raised its position in Twilio by 70.6% during the second quarter. GAMMA Investing LLC now owns 638 shares of the technology company's stock valued at $36,000 after acquiring an additional 264 shares in the last quarter. Lynx Investment Advisory acquired a new stake in Twilio in the second quarter valued at approximately $45,000. Finally, HHM Wealth Advisors LLC grew its position in Twilio by 43.3% in the second quarter. HHM Wealth Advisors LLC now owns 860 shares of the technology company's stock worth $49,000 after acquiring an additional 260 shares in the last quarter. Institutional investors and hedge funds own 84.27% of the company's stock.

Insider Buying and Selling at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 11,073 shares of the stock in a transaction on Monday, September 30th. The stock was sold at an average price of $65.03, for a total transaction of $720,077.19. Following the completion of the transaction, the chief executive officer now directly owns 278,134 shares in the company, valued at $18,087,054.02. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, insider Dana Wagner sold 1,989 shares of the stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $60.69, for a total transaction of $120,712.41. Following the sale, the insider now directly owns 157,328 shares in the company, valued at $9,548,236.32. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Khozema Shipchandler sold 11,073 shares of the firm's stock in a transaction on Monday, September 30th. The shares were sold at an average price of $65.03, for a total value of $720,077.19. Following the sale, the chief executive officer now directly owns 278,134 shares of the company's stock, valued at $18,087,054.02. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 56,418 shares of company stock valued at $3,749,556. 4.50% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. TD Cowen raised their price target on shares of Twilio from $70.00 to $85.00 and gave the company a "hold" rating in a report on Thursday, October 31st. Morgan Stanley raised their price objective on Twilio from $70.00 to $77.00 and gave the company an "equal weight" rating in a research note on Thursday, October 31st. Needham & Company LLC upped their target price on Twilio from $71.00 to $91.00 and gave the stock a "buy" rating in a research report on Thursday, October 31st. JMP Securities reiterated a "market outperform" rating and set a $110.00 price target on shares of Twilio in a report on Tuesday, October 8th. Finally, Jefferies Financial Group boosted their price objective on shares of Twilio from $60.00 to $85.00 and gave the stock a "hold" rating in a research note on Thursday, October 31st. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $79.55.

Twilio Price Performance

Shares of Twilio stock traded up $1.19 during trading on Tuesday, hitting $88.69. 4,272,629 shares of the company's stock traded hands, compared to its average volume of 2,669,174. Twilio Inc. has a twelve month low of $52.45 and a twelve month high of $89.22. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.06 and a quick ratio of 5.06. The company has a market cap of $14.24 billion, a PE ratio of -34.51, a PEG ratio of 3.77 and a beta of 1.32. The firm's fifty day moving average price is $66.33 and its 200 day moving average price is $61.35.

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.