5,436 Shares in Twilio Inc. (NYSE:TWLO) Purchased by Circle Wealth Management LLC

Circle Wealth Management LLC purchased a new position in shares of Twilio Inc. (NYSE:TWLO - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,436 shares of the technology company's stock, valued at approximately $588,000.

Several other institutional investors have also made changes to their positions in the stock. JFS Wealth Advisors LLC lifted its position 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 lifted its position 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 during the last quarter. Centricity Wealth Management LLC acquired a new position in Twilio during the 4th quarter worth $44,000. Private Trust Co. NA lifted its position in Twilio by 395.6% during the 4th quarter. Private Trust Co. NA now owns 451 shares of the technology company's stock worth $49,000 after acquiring an additional 360 shares during the last quarter. Finally, Murphy & Mullick Capital Management Corp acquired a new position in Twilio during the 4th quarter worth $75,000. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Twilio news, CEO Khozema Shipchandler sold 12,056 shares of the firm's stock in a transaction that occurred 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 transaction, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Aidan Viggiano sold 1,391 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $124.51, for a total value of $173,193.41. Following the completion of the transaction, the chief financial officer now owns 152,519 shares of the company's stock, valued at approximately $18,990,140.69. This 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 worth $2,344,149 over the last ninety days. Company insiders own 0.21% of the company's stock.

Twilio Trading Up 5.1%

NYSE TWLO traded up $5.42 on Monday, reaching $111.11. The company had a trading volume of 2,775,723 shares, compared to its average volume of 2,666,638. The stock's 50 day moving average is $95.98 and its 200-day moving average is $106.51. The stock has a market cap of $16.96 billion, a price-to-earnings ratio of -173.60, a PEG ratio of 4.30 and a beta of 1.44. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12. Twilio Inc. has a 52 week low of $52.51 and a 52 week high of $151.95.

Twilio (NYSE:TWLO - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The technology company reported $1.14 EPS for the quarter, beating analysts' consensus estimates 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 business had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.14 billion. During the same quarter in the prior year, the company earned $0.80 EPS. The firm's quarterly revenue was up 12.0% on a year-over-year basis. Equities analysts predict that Twilio Inc. will post 1.44 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Oppenheimer boosted their target price on shares of Twilio from $90.00 to $160.00 and gave the stock an "outperform" rating in a research report on Friday, January 24th. JMP Securities reissued a "market outperform" rating and issued a $165.00 price target on shares of Twilio in a report on Tuesday, April 29th. Stifel Nicolaus increased their price target on shares of Twilio from $130.00 to $135.00 and gave the company a "hold" rating in a report on Friday, February 14th. JPMorgan Chase & Co. increased their price target 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, Tigress Financial reissued a "buy" rating and issued a $170.00 price target on shares of Twilio in a report on Thursday. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $124.41.

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.