20,000 Shares in Twilio Inc. (NYSE:TWLO) Bought by OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC

OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Twilio Inc. (NYSE:TWLO - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 20,000 shares of the technology company's stock, valued at approximately $2,162,000.

A number of other institutional investors have also recently modified their holdings of the stock. M&T Bank Corp raised its position in shares of Twilio by 1.0% in the 4th 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 in the last quarter. Allworth Financial LP lifted its stake in Twilio by 6.9% during the fourth quarter. Allworth Financial LP now owns 1,465 shares of the technology company's stock worth $165,000 after purchasing an additional 94 shares during the last quarter. GHP Investment Advisors Inc. lifted its stake in Twilio by 10.4% during the fourth quarter. GHP Investment Advisors Inc. now owns 1,107 shares of the technology company's stock worth $120,000 after purchasing an additional 104 shares during the last quarter. Freestone Capital Holdings LLC boosted its holdings in shares of Twilio by 3.3% in the 4th quarter. Freestone Capital Holdings LLC now owns 3,918 shares of the technology company's stock valued at $423,000 after purchasing an additional 124 shares in the last quarter. Finally, Harbour Investments Inc. increased its stake in shares of Twilio by 3.4% in the 4th quarter. Harbour Investments Inc. now owns 4,061 shares of the technology company's stock valued at $439,000 after purchasing an additional 135 shares during the last quarter. 84.27% of the stock is currently owned by institutional investors.

Twilio Trading Up 1.7%

NYSE TWLO traded up $1.96 during trading hours on Friday, hitting $116.19. 3,345,868 shares of the company's stock were exchanged, compared to its average volume of 2,669,592. The firm has a market cap of $17.73 billion, a price-to-earnings ratio of -181.54, a PEG ratio of 4.30 and a beta of 1.44. The stock has a 50-day simple moving average of $96.46 and a 200 day simple moving average of $107.20. 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 Inc. has a 1-year low of $52.51 and a 1-year high of $151.95.

Twilio (NYSE:TWLO - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The technology company reported $1.14 EPS for the quarter, topping the consensus estimate of $0.92 by $0.22. Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. The company had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.14 billion. During the same quarter last year, the firm posted $0.80 EPS. The company's quarterly revenue was up 12.0% on a year-over-year basis. On average, equities analysts forecast that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Insider Buying and Selling at Twilio

In other Twilio news, CFO Aidan Viggiano sold 2,500 shares of the firm's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $117.45, for a total transaction of $293,625.00. Following the transaction, the chief financial officer now directly owns 184,164 shares in the company, valued at approximately $21,630,061.80. This trade represents a 1.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Khozema Shipchandler sold 12,056 shares of Twilio 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 transaction, the chief executive officer now directly owns 295,134 shares in the company, valued at $28,297,447.92. This represents a 3.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 46,751 shares of company stock valued at $4,476,830. Corporate insiders own 0.21% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on TWLO shares. Monness Crespi & Hardt raised their price objective on Twilio from $135.00 to $152.00 and gave the company a "buy" rating in a research note on Monday, January 27th. Royal Bank of Canada restated an "underperform" rating and issued a $75.00 price target on shares of Twilio in a research note on Wednesday, March 19th. Morgan Stanley lowered their price objective on shares of Twilio from $160.00 to $111.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Oppenheimer raised their target price on shares of Twilio from $90.00 to $160.00 and gave the company an "outperform" rating in a research report on Friday, January 24th. Finally, UBS Group lowered their price target on shares of Twilio from $175.00 to $150.00 and set a "buy" rating for the company in a report on Friday, May 2nd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $124.41.

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.