Stifel Financial Corp Increases Stake in Twilio Inc. (NYSE:TWLO)

Stifel Financial Corp grew its holdings in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 12.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,462 shares of the technology company's stock after purchasing an additional 2,629 shares during the quarter. Stifel Financial Corp's holdings in Twilio were worth $2,644,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of TWLO. JFS Wealth Advisors LLC grew its stake in Twilio by 244.0% in the 4th quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company's stock valued at $41,000 after buying an additional 266 shares in the last quarter. Parkside Financial Bank & Trust raised its stake in shares of Twilio by 79.4% during 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 purchased a new stake in Twilio during the 4th quarter worth about $44,000. Private Trust Co. NA grew its holdings in Twilio by 395.6% during the 4th quarter. Private Trust Co. NA now owns 451 shares of the technology company's stock valued at $49,000 after buying an additional 360 shares in the last quarter. Finally, Murphy & Mullick Capital Management Corp bought a new stake in shares of Twilio during the fourth quarter valued at about $75,000. Hedge funds and other institutional investors own 84.27% of the company's stock.

Twilio Stock Up 2.3 %

Shares of NYSE:TWLO opened at $100.11 on Friday. Twilio Inc. has a 1 year low of $52.51 and a 1 year 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 stock's 50-day moving average is $97.36 and its 200 day moving average is $105.12. The company has a market cap of $15.28 billion, a PE ratio of -156.42, a P/E/G ratio of 4.30 and a beta of 1.44.

Twilio (NYSE:TWLO - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The technology company reported $1.14 EPS for the quarter, topping analysts' consensus estimates of $0.92 by $0.22. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.14 billion. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. The firm's revenue was up 12.0% on a year-over-year basis. During the same quarter last year, the firm posted $0.80 earnings per share. Sell-side analysts anticipate that Twilio Inc. will post 1.44 EPS for the current year.

Analysts Set New Price Targets

Several brokerages recently commented on TWLO. Scotiabank upped their target price on shares of Twilio from $130.00 to $135.00 and gave the stock a "sector outperform" rating in a report on Friday. Oppenheimer increased their price objective on Twilio from $90.00 to $160.00 and gave the stock an "outperform" rating in a research report on Friday, January 24th. JPMorgan Chase & Co. boosted their target price on Twilio from $83.00 to $130.00 and gave the stock an "overweight" rating in a research report on Friday, January 24th. William Blair reiterated an "outperform" rating on shares of Twilio in a research report on Friday, February 14th. Finally, Stifel Nicolaus upped their price objective on shares of Twilio from $130.00 to $135.00 and gave the stock a "hold" rating in a research report on Friday, February 14th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $121.13.

Insider Buying and Selling

In other Twilio news, CFO Aidan Viggiano sold 7,524 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 transaction of $721,401.12. Following the completion of the transaction, the chief financial officer now owns 176,640 shares of the company's stock, valued at approximately $16,936,243.20. This trade represents a 4.09 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Khozema Shipchandler sold 12,056 shares of the company'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 sale, the chief executive officer now directly owns 295,134 shares in the company, valued at $28,297,447.92. This represents a 3.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 23,471 shares of company stock valued at $2,344,149 over the last three months. Corporate insiders own 4.50% of the company's stock.

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.

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