Twilio Inc. (NYSE:TWLO) Shares Bought by Capital World Investors

Capital World Investors increased its position in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 0.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 583,373 shares of the technology company's stock after purchasing an additional 4,491 shares during the period. Capital World Investors owned 0.38% of Twilio worth $63,051,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of TWLO. JFS Wealth Advisors LLC raised its position in shares of Twilio by 244.0% during the 4th quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company's stock valued at $41,000 after purchasing an additional 266 shares during the period. Parkside Financial Bank & Trust increased its holdings in 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 acquiring an additional 166 shares during the last quarter. Centricity Wealth Management LLC bought a new stake in Twilio in the 4th quarter valued at $44,000. Private Trust Co. NA increased its holdings in 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 acquiring an additional 360 shares during the last quarter. Finally, Murphy & Mullick Capital Management Corp bought a new stake in Twilio in the 4th quarter valued at $75,000. 84.27% of the stock is currently owned by institutional investors.

Twilio Stock Up 1.7 %

Shares of NYSE:TWLO traded up $1.62 during trading hours on Friday, hitting $95.15. The company's stock had a trading volume of 2,286,162 shares, compared to its average volume of 2,645,171. Twilio Inc. has a 52 week low of $52.51 and a 52 week 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 company has a market capitalization 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 firm's fifty day moving average price is $99.35 and its 200 day moving average price is $104.42.

Twilio (NYSE:TWLO - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing the consensus estimate 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 business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.19 billion. As a group, research analysts expect that Twilio Inc. will post 1.44 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have issued reports on TWLO shares. Monness Crespi & Hardt lifted their price target on shares of Twilio from $135.00 to $152.00 and gave the company a "buy" rating in a report on Monday, January 27th. Robert W. Baird upgraded shares of Twilio from a "neutral" rating to an "outperform" rating and lifted their price target for the company from $115.00 to $160.00 in a report on Friday, January 24th. StockNews.com downgraded shares of Twilio from a "buy" rating to a "hold" rating in a report on Friday, April 11th. Jefferies Financial Group lifted their price target on shares of Twilio from $105.00 to $145.00 and gave the company a "hold" rating in a report on Friday, February 14th. Finally, Stifel Nicolaus lifted their price objective on shares of Twilio from $130.00 to $135.00 and gave the stock a "hold" rating in a research note on Friday, February 14th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $129.30.

Insider Activity

In other news, CFO Aidan Viggiano sold 1,391 shares of the firm's stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $124.51, for a total value of $173,193.41. Following the completion of the sale, the chief financial officer now owns 152,519 shares of the company's stock, valued at $18,990,140.69. This trade represents a 0.90 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Khozema Shipchandler sold 12,056 shares of the firm's stock in a transaction on 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 completion of the sale, the chief executive officer now directly owns 295,134 shares of the company's stock, valued at $28,297,447.92. The trade was a 3.92 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 23,471 shares of company stock worth $2,344,149. 4.50% of the stock is currently owned by corporate insiders.

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.