Twilio Inc. (NYSE:TWLO) Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 26.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,602,428 shares of the technology company's stock after purchasing an additional 331,202 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 1.04% of Twilio worth $173,190,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. JFS Wealth Advisors LLC boosted 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 valued at $41,000 after acquiring an additional 266 shares during the period. Parkside Financial Bank & Trust raised its stake in Twilio by 79.4% in the fourth 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 in the last quarter. Centricity Wealth Management LLC acquired a new position in Twilio during the fourth quarter worth about $44,000. Private Trust Co. NA boosted 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 valued at $49,000 after purchasing an additional 360 shares in the last quarter. Finally, Murphy & Mullick Capital Management Corp bought a new stake in shares of Twilio during the 4th quarter valued at approximately $75,000. 84.27% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. JMP Securities reissued a "market outperform" rating and set a $165.00 target price on shares of Twilio in a research note on Tuesday, April 29th. Scotiabank lifted their price target on shares of Twilio from $130.00 to $135.00 and gave the company a "sector outperform" rating 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 for the company in a research note on Wednesday, April 16th. Wells Fargo & Company decreased their price target on shares of Twilio from $160.00 to $120.00 and set an "overweight" rating for the company in a research note on Tuesday, April 22nd. Finally, William Blair reissued an "outperform" rating on shares of Twilio in a research report on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $124.41.

Insider Activity at Twilio

In related news, CFO Aidan Viggiano sold 7,524 shares of the stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of $95.88, for a total value of $721,401.12. Following the transaction, the chief financial officer now owns 176,640 shares in the company, valued at approximately $16,936,243.20. This represents a 4.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Khozema Shipchandler sold 12,056 shares of the stock in a transaction that occurred 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 completion of the transaction, the chief executive officer now owns 295,134 shares in the company, valued at approximately $28,297,447.92. This trade represents a 3.92% decrease in their position. The disclosure for this sale can be found here. Insiders sold 44,784 shares of company stock valued at $4,226,942 in the last three months. 4.50% of the stock is owned by insiders.

Twilio Price Performance

NYSE:TWLO traded up $0.20 during trading hours on Wednesday, hitting $117.15. 513,382 shares of the stock traded hands, compared to its average volume of 2,673,589. 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 1 year low of $52.51 and a 1 year high of $151.95. The company has a market cap of $17.88 billion, a price-to-earnings ratio of -183.02, a price-to-earnings-growth ratio of 4.30 and a beta of 1.44. The stock has a 50 day moving average price of $98.94 and a 200 day moving average price of $109.10.

Twilio (NYSE:TWLO - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The technology company reported $1.14 earnings per share 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 for the quarter, compared to analysts' expectations of $1.14 billion. During the same quarter in the previous year, the business posted $0.80 earnings per share. The business's revenue was up 12.0% compared to the same quarter last year. Sell-side analysts forecast that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Twilio 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.