Twilio Inc. (NYSE:TWLO) Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC lifted its holdings in Twilio Inc. (NYSE:TWLO) by 30.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,421 shares of the technology company’s stock after purchasing an additional 5,889 shares during the period. SG Americas Securities LLC’s holdings in Twilio were worth $2,748,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. True Wealth Design LLC increased its stake in shares of Twilio by 5,200.0% during the third quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock worth $28,000 after purchasing an additional 416 shares in the last quarter. Brooklyn Investment Group acquired a new stake in Twilio in the 3rd quarter worth about $46,000. Venturi Wealth Management LLC increased its stake in Twilio by 205.4% during the 3rd quarter. Venturi Wealth Management LLC now owns 733 shares of the technology company’s stock worth $48,000 after buying an additional 493 shares in the last quarter. Huntington National Bank raised its holdings in shares of Twilio by 214.5% during the third quarter. Huntington National Bank now owns 780 shares of the technology company’s stock valued at $51,000 after acquiring an additional 532 shares during the last quarter. Finally, Planning Capital Management Corp purchased a new position in shares of Twilio in the third quarter valued at approximately $53,000. Institutional investors and hedge funds own 84.27% of the company’s stock.

Insider Buying and Selling at Twilio

In other Twilio news, CFO Aidan Viggiano sold 6,552 shares of the company’s 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. This represents a 4.08 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Khozema Shipchandler sold 10,834 shares of the 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 in the company, valued at $27,823,806.18. This represents a 4.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 26,527 shares of company stock valued at $2,844,655 in the last three months. 4.50% of the stock is owned by corporate insiders.

Twilio Price Performance

TWLO stock opened at $135.98 on Friday. The business’s fifty day moving average price is $109.20 and its 200 day moving average price is $81.22. Twilio Inc. has a 12-month low of $52.51 and a 12-month high of $141.40. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12. The company has a market capitalization of $20.86 billion, a PE ratio of -52.91, a P/E/G ratio of 2.22 and a beta of 1.38.

Analysts Set New Price Targets

TWLO has been the subject of several recent research reports. Morgan Stanley increased their price objective on Twilio from $115.00 to $118.00 and gave the company an “equal weight” rating in a research note on Friday, January 17th. Barclays raised their price target on shares of Twilio from $65.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Friday, November 1st. Robert W. Baird raised shares of Twilio from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $115.00 to $160.00 in a research note on Friday. JPMorgan Chase & Co. raised their target price on shares of Twilio from $83.00 to $130.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, UBS Group increased their price target on Twilio from $140.00 to $145.00 and gave the company a “buy” rating in a report on Friday. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $110.96.

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.