Twilio Inc. (NYSE:TWLO) Shares Acquired by Achmea Investment Management B.V.

Achmea Investment Management B.V. boosted its position in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 72.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 49,300 shares of the technology company's stock after buying an additional 20,746 shares during the quarter. Achmea Investment Management B.V.'s holdings in Twilio were worth $5,329,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. M&T Bank Corp grew its position in Twilio by 1.0% during the fourth quarter. M&T Bank Corp now owns 8,727 shares of the technology company's stock valued at $943,000 after buying an additional 85 shares during the period. Allworth Financial LP grew its position in Twilio by 6.9% during the fourth quarter. Allworth Financial LP now owns 1,465 shares of the technology company's stock valued at $165,000 after buying an additional 94 shares during the period. GHP Investment Advisors Inc. grew its position in Twilio by 10.4% during the fourth quarter. GHP Investment Advisors Inc. now owns 1,107 shares of the technology company's stock valued at $120,000 after buying an additional 104 shares during the period. Tidal Investments LLC grew its position in Twilio by 0.6% during the third quarter. Tidal Investments LLC now owns 17,666 shares of the technology company's stock valued at $1,152,000 after buying an additional 112 shares during the period. Finally, Freestone Capital Holdings LLC grew its position in Twilio by 3.3% during the fourth quarter. Freestone Capital Holdings LLC now owns 3,918 shares of the technology company's stock valued at $423,000 after buying an additional 124 shares during the period. Institutional investors and hedge funds own 84.27% of the company's stock.

Remove Ads

Twilio Stock Up 3.7 %

TWLO traded up $3.70 during trading hours on Wednesday, hitting $102.96. 1,995,899 shares of the company's stock were exchanged, compared to its average volume of 3,596,811. Twilio Inc. has a 12-month low of $52.51 and a 12-month high of $151.95. The firm has a 50 day moving average of $121.75 and a 200 day moving average of $98.53. The firm has a market cap of $15.72 billion, a P/E ratio of -160.88, a price-to-earnings-growth ratio of 4.30 and a beta of 1.47. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12.

Twilio (NYSE:TWLO - Get Free Report) last announced its earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share 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 for the quarter, compared to analysts' expectations of $1.19 billion. Analysts predict that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Insiders Place Their Bets

In other Twilio news, CFO Aidan Viggiano sold 2,500 shares of the business's stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $117.45, for a total transaction of $293,625.00. Following the completion of the transaction, the chief financial officer now owns 184,164 shares in the company, valued at $21,630,061.80. The trade was a 1.34 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at 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 transaction, the chief executive officer now owns 244,971 shares of the company's stock, valued at $27,823,806.18. This trade represents a 4.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 21,277 shares of company stock worth $2,441,324 in the last 90 days. Corporate insiders own 4.50% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on TWLO shares. JMP Securities restated a "market outperform" rating and set a $165.00 price target on shares of Twilio in a research report on Friday, February 14th. Wells Fargo & Company lifted their target price on shares of Twilio from $140.00 to $155.00 and gave the company an "overweight" rating in a research report on Friday, January 24th. Needham & Company LLC lifted their target price on shares of Twilio from $91.00 to $165.00 and gave the company a "buy" rating in a research report on Tuesday, January 28th. UBS Group lifted their target price on shares of Twilio from $145.00 to $175.00 and gave the company a "buy" rating in a research report on Friday, February 14th. Finally, Baird R W upgraded shares of Twilio from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, Twilio currently has a consensus rating of "Moderate Buy" and a consensus target price of $135.35.

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.