Twilio Inc. (NYSE:TWLO) Shares Acquired by Wellington Management Group LLP

Wellington Management Group LLP grew its stake in shares of Twilio Inc. (NYSE:TWLO) by 13.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,937 shares of the technology company’s stock after purchasing an additional 685 shares during the period. Wellington Management Group LLP’s holdings in Twilio were worth $642,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. JFS Wealth Advisors LLC lifted its stake in Twilio by 244.0% during the fourth 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 holdings in shares of Twilio by 79.4% during the fourth quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company’s stock valued at $41,000 after acquiring an additional 166 shares during the period. Centricity Wealth Management LLC purchased a new stake in shares of Twilio in the 4th quarter valued at approximately $44,000. Private Trust Co. NA boosted its stake in Twilio by 395.6% in the 4th quarter. Private Trust Co. NA now owns 451 shares of the technology company’s stock worth $49,000 after purchasing an additional 360 shares during the period. Finally, Murphy & Mullick Capital Management Corp purchased a new position in Twilio during the 4th quarter worth approximately $75,000. Institutional investors and hedge funds own 84.27% of the company’s stock.

Insider Transactions at Twilio

In other Twilio news, CFO Aidan Viggiano sold 2,500 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $117.45, for a total value of $293,625.00. Following the sale, the chief financial officer now owns 184,164 shares of the company’s stock, valued at $21,630,061.80. This trade represents a 1.34 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Khozema Shipchandler sold 12,056 shares of the company’s stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $95.88, for a total value of $1,155,929.28. Following the transaction, the chief executive officer now owns 295,134 shares of the company’s stock, valued at approximately $28,297,447.92. This trade represents a 3.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 23,471 shares of company stock worth $2,344,149. Company insiders own 4.50% of the company’s stock.

Twilio Stock Down 0.7 %

Shares of Twilio stock opened at $86.24 on Tuesday. Twilio Inc. has a 12-month low of $52.51 and a 12-month high of $151.95. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12. The stock has a 50 day moving average price of $108.62 and a two-hundred day moving average price of $103.16. The stock has a market capitalization of $13.16 billion, a P/E ratio of -134.75, a PEG ratio of 4.30 and a beta of 1.50.

Twilio (NYSE:TWLO) last posted its quarterly earnings data on Thursday, February 13th. The technology company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.77). The firm had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.19 billion. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. Equities analysts expect that Twilio Inc. will post 1.44 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Needham & Company LLC increased their target price on Twilio from $91.00 to $165.00 and gave the company a “buy” rating in a report on Tuesday, January 28th. The Goldman Sachs Group raised Twilio from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $77.00 to $185.00 in a research note on Monday, January 27th. Wells Fargo & Company lifted their target price on Twilio from $140.00 to $155.00 and gave the company an “overweight” rating in a research note on Friday, January 24th. Barclays increased their price target on shares of Twilio from $120.00 to $140.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $165.00 price objective on shares of Twilio in a research report on Friday, February 14th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Twilio has a consensus rating of “Moderate Buy” and a consensus price target of $135.35.

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.