Blair William & Co. IL Has $24.22 Million Stake in Twilio Inc. (NYSE:TWLO)

Blair William & Co. IL increased its stake in Twilio Inc. (NYSE:TWLO) by 173.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 224,073 shares of the technology company’s stock after purchasing an additional 142,253 shares during the period. Blair William & Co. IL’s holdings in Twilio were worth $24,218,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. WINTON GROUP Ltd acquired a new position in shares of Twilio during the fourth quarter worth about $2,284,000. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Twilio by 11.3% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 119,758 shares of the technology company’s stock valued at $13,543,000 after acquiring an additional 12,117 shares in the last quarter. Parametrica Management Ltd acquired a new position in Twilio during the 4th quarter worth approximately $349,000. Ausdal Financial Partners Inc. grew its stake in shares of Twilio by 35.9% during the 4th quarter. Ausdal Financial Partners Inc. now owns 4,673 shares of the technology company’s stock worth $505,000 after acquiring an additional 1,234 shares in the last quarter. Finally, Murphy & Mullick Capital Management Corp acquired a new stake in shares of Twilio in the fourth quarter valued at approximately $75,000. Institutional investors own 84.27% of the company’s stock.

Twilio Stock Performance

NYSE:TWLO opened at $101.80 on Friday. The stock has a 50 day simple moving average of $120.82 and a 200 day simple moving average of $100.09. The stock has a market cap of $15.54 billion, a P/E ratio of -159.06, a PEG 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. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12.

Twilio (NYSE:TWLO) last posted its earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.19 billion. Research analysts anticipate that Twilio Inc. will post 1.44 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages recently commented on TWLO. Mizuho increased their target price on shares of Twilio from $140.00 to $150.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Morgan Stanley upgraded shares of Twilio from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $144.00 to $160.00 in a research note on Monday, February 24th. Stifel Nicolaus lifted their target price on Twilio from $130.00 to $135.00 and gave the company a “hold” rating in a research report on Friday, February 14th. The Goldman Sachs Group raised Twilio from a “neutral” rating to a “buy” rating and increased their price target for the company from $77.00 to $185.00 in a research report on Monday, January 27th. Finally, Oppenheimer boosted their price target on Twilio from $90.00 to $160.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $135.35.

Insiders Place Their Bets

In related news, CEO Khozema Shipchandler sold 10,834 shares of the business’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $113.58, for a total value of $1,230,525.72. Following the completion of the transaction, the chief executive officer now owns 244,971 shares of the company’s stock, valued at $27,823,806.18. The trade was a 4.24 % 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 6,552 shares of the stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $113.55, for a total transaction of $743,979.60. Following the sale, the chief financial officer now owns 153,910 shares in the company, valued at $17,476,480.50. The trade was a 4.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 21,277 shares of company stock worth $2,441,324 in the last quarter. Corporate insiders own 4.50% of the company’s stock.

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.