TD Waterhouse Canada Inc. Purchases 4,327 Shares of Twilio Inc. (NYSE:TWLO)

TD Waterhouse Canada Inc. increased its position in Twilio Inc. (NYSE:TWLO - Free Report) by 353.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,552 shares of the technology company's stock after purchasing an additional 4,327 shares during the quarter. TD Waterhouse Canada Inc.'s holdings in Twilio were worth $600,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Tower Research Capital LLC TRC lifted its position in shares of Twilio by 6.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 2,213 shares of the technology company's stock valued at $239,000 after buying an additional 140 shares during the last quarter. MML Investors Services LLC lifted its holdings in Twilio by 63.6% during the 4th quarter. MML Investors Services LLC now owns 12,710 shares of the technology company's stock valued at $1,374,000 after purchasing an additional 4,942 shares during the last quarter. Natixis bought a new position in Twilio during the fourth quarter worth $222,000. Capital World Investors increased its holdings in shares of Twilio by 0.8% in the fourth quarter. Capital World Investors now owns 583,373 shares of the technology company's stock valued at $63,051,000 after purchasing an additional 4,491 shares during the last quarter. Finally, Forum Financial Management LP bought a new position in shares of Twilio in the fourth quarter valued at about $492,000. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently commented on TWLO. Piper Sandler reaffirmed an "overweight" rating and set a $142.00 target price (up previously from $94.00) on shares of Twilio in a report on Friday, January 24th. Barclays boosted their price objective on Twilio from $120.00 to $140.00 and gave the stock an "equal weight" rating in a report on Friday, February 14th. William Blair reiterated an "outperform" rating on shares of Twilio in a research note on Friday, February 14th. UBS Group boosted their price target on Twilio from $145.00 to $175.00 and gave the company a "buy" rating in a research note on Friday, February 14th. Finally, Baird R W upgraded Twilio from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 24th. 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $129.30.

Twilio Price Performance

TWLO stock opened at $95.15 on Friday. Twilio Inc. has a 1 year low of $52.51 and a 1 year high of $151.95. 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 stock has a market cap of $14.52 billion, a price-to-earnings ratio of -148.67, a P/E/G ratio of 4.30 and a beta of 1.50. The company has a 50 day simple moving average of $99.35 and a 200 day simple moving average of $103.94.

Twilio (NYSE:TWLO - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing analysts' consensus estimates 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 firm had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.19 billion. Research analysts anticipate that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Insider Transactions at Twilio

In other Twilio news, CFO Aidan Viggiano sold 1,391 shares of the company's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $124.51, for a total value of $173,193.41. Following the sale, the chief financial officer now owns 152,519 shares in the company, valued at approximately $18,990,140.69. The trade was a 0.90 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Khozema Shipchandler sold 12,056 shares of the firm's stock in a transaction dated Monday, March 31st. The stock was 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 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. Over the last three months, insiders have sold 23,471 shares of company stock worth $2,344,149. Insiders own 4.50% of the company's stock.

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.

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