Uniting Wealth Partners LLC Takes Position in Twilio Inc. (NYSE:TWLO)

Uniting Wealth Partners LLC purchased a new stake in Twilio Inc. (NYSE:TWLO - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 4,000 shares of the technology company's stock, valued at approximately $432,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. JFS Wealth Advisors LLC increased its stake in shares of Twilio by 244.0% in the fourth quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company's stock worth $41,000 after buying an additional 266 shares during the last quarter. Parkside Financial Bank & Trust grew its holdings in Twilio by 79.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company's stock worth $41,000 after acquiring an additional 166 shares in the last quarter. Centricity Wealth Management LLC bought a new stake in shares of Twilio in the 4th quarter worth about $44,000. Private Trust Co. NA raised its stake in shares of Twilio by 395.6% in the 4th quarter. Private Trust Co. NA now owns 451 shares of the technology company's stock valued at $49,000 after purchasing an additional 360 shares in the last quarter. Finally, Murphy & Mullick Capital Management Corp bought a new position in shares of Twilio during the fourth quarter worth about $75,000. Hedge funds and other institutional investors own 84.27% of the company's stock.

Insider Activity at Twilio

In other news, CFO Aidan Viggiano sold 2,500 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $117.45, for a total value of $293,625.00. Following the completion of the sale, the chief financial officer now owns 184,164 shares of the company's stock, valued at approximately $21,630,061.80. This represents a 1.34 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Khozema Shipchandler sold 12,056 shares of the company's stock in a transaction on Monday, March 31st. The stock was sold at an average price of $95.88, for a total transaction of $1,155,929.28. Following the sale, the chief executive officer now directly owns 295,134 shares in the company, 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. In the last three months, insiders sold 23,471 shares of company stock worth $2,344,149. 4.50% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on TWLO shares. UBS Group lifted their target price on Twilio from $145.00 to $175.00 and gave the stock a "buy" rating in a research report on Friday, February 14th. William Blair reaffirmed an "outperform" rating on shares of Twilio in a report on Friday, February 14th. Wells Fargo & Company increased their target price on shares of Twilio from $140.00 to $155.00 and gave the stock an "overweight" rating in a report on Friday, January 24th. Piper Sandler restated an "overweight" rating and set a $142.00 price objective (up previously from $94.00) on shares of Twilio in a research report on Friday, January 24th. Finally, StockNews.com upgraded shares of Twilio from a "hold" rating to a "buy" rating in a research report on Tuesday, April 1st. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, Twilio has a consensus rating of "Moderate Buy" and an average price target of $135.35.

Twilio Price Performance

NYSE TWLO traded down $0.11 on Tuesday, hitting $83.60. 738,404 shares of the company were exchanged, compared to its average volume of 2,630,734. The firm has a 50 day moving average of $117.08 and a two-hundred day moving average of $102.31. The company has a market cap of $12.76 billion, a P/E ratio of -130.32, a P/E/G ratio of 4.30 and a beta of 1.50. Twilio Inc. has a 1-year low of $52.51 and a 1-year high of $151.95. 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 issued 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). Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. The company had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.19 billion. On average, equities analysts predict that Twilio Inc. will post 1.44 EPS for the current year.

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.