LVW Advisors LLC Takes $243,000 Position in Twilio Inc. (NYSE:TWLO)

LVW Advisors LLC purchased a new stake in shares of Twilio Inc. (NYSE:TWLO - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,478 shares of the technology company's stock, valued at approximately $243,000.

Other institutional investors have also bought and sold shares of the company. JFS Wealth Advisors LLC raised its holdings in shares of Twilio by 244.0% in the 4th quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company's stock worth $41,000 after acquiring an additional 266 shares during the last quarter. Parkside Financial Bank & Trust boosted 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 worth $41,000 after buying an additional 166 shares during the period. Centricity Wealth Management LLC bought a new position in Twilio in the 4th quarter worth approximately $44,000. Private Trust Co. NA boosted 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 purchasing an additional 360 shares during the period. Finally, AdvisorNet Financial Inc boosted its holdings in Twilio by 1,778.6% in the 1st quarter. AdvisorNet Financial Inc now owns 526 shares of the technology company's stock valued at $52,000 after purchasing an additional 498 shares during the period. Institutional investors own 84.27% of the company's stock.

Twilio Stock Performance

NYSE TWLO traded up $1.03 during trading hours on Thursday, hitting $120.90. The company had a trading volume of 2,099,809 shares, compared to its average volume of 2,680,759. 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 fifty day simple moving average of $100.72 and a 200-day simple moving average of $109.91. The firm has a market cap of $18.45 billion, a P/E ratio of -188.90, a price-to-earnings-growth ratio of 4.30 and a beta of 1.44.

Twilio (NYSE:TWLO - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The technology company reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.22. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. The company 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 business posted $0.80 earnings per share. The company's revenue for the quarter was up 12.0% compared to the same quarter last year. Equities analysts predict that Twilio Inc. will post 1.44 EPS for the current year.

Insider Buying and Selling

In other Twilio news, Director Erika Rottenberg sold 4,100 shares of Twilio stock in a transaction on Monday, June 2nd. The stock was sold at an average price of $120.03, for a total transaction of $492,123.00. Following the completion of the transaction, the director now directly owns 33,488 shares of the company's stock, valued at approximately $4,019,564.64. This trade represents a 10.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Aidan Viggiano sold 1,924 shares of the business's stock in a transaction dated Thursday, May 15th. The stock was sold at an average price of $112.75, for a total value of $216,931.00. Following the transaction, the chief financial officer now owns 165,982 shares of the company's stock, valued at $18,714,470.50. The trade was a 1.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 48,884 shares of company stock worth $4,719,065. Insiders own 0.21% of the company's stock.

Analysts Set New Price Targets

Several research firms have weighed in on TWLO. 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 research note on Friday, May 2nd. Morgan Stanley decreased their price target on shares of Twilio from $160.00 to $111.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Mizuho reduced their price objective on shares of Twilio from $165.00 to $125.00 and set an "outperform" rating for the company in a research note on Tuesday, April 15th. Wall Street Zen cut shares of Twilio from a "strong-buy" rating to a "buy" rating in a research note on Friday, May 30th. Finally, HSBC upgraded shares of Twilio from a "reduce" rating to a "hold" rating and raised their target price for the stock from $77.00 to $99.00 in a report on Monday, May 5th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus 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.