Rakuten Securities Inc. Has $163,000 Position in Twilio Inc. (NYSE:TWLO)

Rakuten Securities Inc. boosted its position in Twilio Inc. (NYSE:TWLO) by 117.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,510 shares of the technology company’s stock after purchasing an additional 817 shares during the quarter. Rakuten Securities Inc.’s holdings in Twilio were worth $163,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TWLO. True Wealth Design LLC boosted its position in shares of Twilio by 5,200.0% in the third quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock valued at $28,000 after acquiring an additional 416 shares during the period. JFS Wealth Advisors LLC raised 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 worth $41,000 after purchasing an additional 266 shares in 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 valued at $41,000 after purchasing an additional 166 shares during the period. Centricity Wealth Management LLC acquired a new position in shares of Twilio during the 4th quarter worth approximately $44,000. Finally, Brooklyn Investment Group bought a new position in shares of Twilio during the third quarter worth approximately $46,000. 84.27% of the stock is owned by institutional investors and hedge funds.

Twilio Stock Up 2.7 %

Shares of NYSE TWLO opened at $102.75 on Thursday. 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 50-day moving average price of $122.79 and a 200-day moving average price of $97.25. The stock has a market capitalization of $15.76 billion, a P/E ratio of -160.54, a P/E/G ratio of 4.30 and a beta of 1.47. Twilio Inc. has a 1 year low of $52.51 and a 1 year high of $151.95.

Twilio (NYSE:TWLO) last issued its quarterly earnings data 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 positive return on equity of 1.38% and a negative net margin of 2.45%. The company had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.19 billion. On average, equities research analysts forecast that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Insider Activity at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 10,834 shares of the company’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $113.58, for a total value of $1,230,525.72. Following the completion of the sale, the chief executive officer now directly owns 244,971 shares of the company’s stock, valued at approximately $27,823,806.18. This represents a 4.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Aidan Viggiano sold 1,391 shares of Twilio stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $124.51, for a total transaction of $173,193.41. Following the transaction, the chief financial officer now directly owns 152,519 shares in the company, valued at approximately $18,990,140.69. This represents a 0.90 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 21,277 shares of company stock valued at $2,441,324. 4.50% of the stock is owned by insiders.

Wall Street Analyst Weigh In

TWLO has been the subject of several recent research reports. UBS Group boosted their price target on Twilio from $145.00 to $175.00 and gave the company a “buy” rating in a research note on Friday, February 14th. The Goldman Sachs Group upgraded Twilio from a “neutral” rating to a “buy” rating and upped their target price for the company from $77.00 to $185.00 in a research report on Monday, January 27th. Robert W. Baird upgraded Twilio from a “neutral” rating to an “outperform” rating and raised their price target for the stock from $115.00 to $160.00 in a research report on Friday, January 24th. Royal Bank of Canada reaffirmed an “underperform” rating and issued a $50.00 price target on shares of Twilio in a research note on Tuesday, January 21st. Finally, Stifel Nicolaus increased 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 analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $134.26.

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.