Twilio Inc. (NYSE:TWLO) Shares Sold by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. reduced its holdings in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 22.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,059 shares of the technology company's stock after selling 6,165 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Twilio were worth $2,265,000 at the end of the most recent quarter.

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

Twilio Price Performance

Shares of Twilio stock traded up $1.17 during mid-day trading on Thursday, reaching $97.88. 4,739,567 shares of the stock traded hands, compared to its average volume of 2,668,440. Twilio Inc. has a fifty-two week low of $52.51 and a fifty-two week high of $151.95. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12. The business has a 50-day moving average of $98.07 and a 200 day moving average of $104.49. The stock has a market capitalization of $14.94 billion, a PE ratio of -152.93, a PEG ratio of 4.30 and a beta of 1.50.

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). The company had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.19 billion. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. On average, analysts predict that Twilio Inc. will post 1.44 EPS for the current year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Baird R W upgraded Twilio from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 24th. Jefferies Financial Group decreased their price objective on Twilio from $145.00 to $108.00 and set a "hold" rating on the stock in a research note on Monday. Piper Sandler reaffirmed an "overweight" rating and issued a $142.00 target price (up previously from $94.00) on shares of Twilio in a report on Friday, January 24th. JPMorgan Chase & Co. increased their price objective on shares of Twilio from $83.00 to $130.00 and gave the company an "overweight" rating in a report on Friday, January 24th. Finally, Barclays boosted their price objective on shares of Twilio from $120.00 to $140.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Twilio currently has an average rating of "Moderate Buy" and a consensus price target of $124.65.

Insider Activity

In other news, CEO Khozema Shipchandler sold 12,056 shares of the business's stock in a transaction dated 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 completion of the transaction, the chief executive officer now directly owns 295,134 shares of the company's stock, valued at approximately $28,297,447.92. The trade was a 3.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Aidan Viggiano sold 1,391 shares of Twilio stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $124.51, for a total transaction of $173,193.41. Following the sale, the chief financial officer now directly owns 152,519 shares of the company's stock, valued at approximately $18,990,140.69. This trade represents a 0.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 23,471 shares of company stock valued at $2,344,149 in the last quarter. Insiders own 4.50% of the company's stock.

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.