United Advisor Group LLC Acquires New Holdings in Twilio Inc. (NYSE:TWLO)

United Advisor Group LLC purchased a new position in shares of Twilio Inc. (NYSE:TWLO) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 15,298 shares of the technology company’s stock, valued at approximately $998,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in TWLO. Private Advisor Group LLC raised its position in Twilio by 182.3% in the 1st quarter. Private Advisor Group LLC now owns 35,065 shares of the technology company’s stock valued at $2,144,000 after buying an additional 22,643 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its stake in Twilio by 3.6% in the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,806 shares of the technology company’s stock valued at $355,000 after acquiring an additional 201 shares during the last quarter. Daiwa Securities Group Inc. increased its stake in shares of Twilio by 2.1% during the 1st quarter. Daiwa Securities Group Inc. now owns 19,213 shares of the technology company’s stock worth $1,175,000 after purchasing an additional 400 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S raised its holdings in shares of Twilio by 56.3% in the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 13,801 shares of the technology company’s stock valued at $844,000 after purchasing an additional 4,970 shares during the period. Finally, GSA Capital Partners LLP acquired a new stake in Twilio in the 1st quarter valued at about $1,334,000. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts have recently issued reports on TWLO shares. Barclays raised their price objective on Twilio from $65.00 to $80.00 and gave the company an “equal weight” rating in a research report on Friday. UBS Group boosted their price objective on Twilio from $74.00 to $88.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Needham & Company LLC increased their target price on Twilio from $71.00 to $91.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. TD Cowen lifted their price target on Twilio from $70.00 to $85.00 and gave the stock a “hold” rating in a report on Thursday, October 31st. Finally, The Goldman Sachs Group increased their price objective on Twilio from $67.00 to $77.00 and gave the stock a “neutral” rating in a research report on Friday. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $79.55.

Twilio Stock Performance

Shares of Twilio stock opened at $87.50 on Tuesday. The company’s 50 day moving average price is $66.33 and its two-hundred day moving average price is $61.35. The firm has a market capitalization of $14.05 billion, a P/E ratio of -34.05, a P/E/G ratio of 3.77 and a beta of 1.32. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.06 and a quick ratio of 5.06. Twilio Inc. has a fifty-two week low of $52.45 and a fifty-two week high of $88.96.

Insider Activity at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 11,073 shares of the company’s stock in a transaction dated Monday, September 30th. The stock was sold at an average price of $65.03, for a total value of $720,077.19. Following the completion of the transaction, the chief executive officer now owns 278,134 shares of the company’s stock, valued at $18,087,054.02. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Twilio news, CEO Khozema Shipchandler sold 11,073 shares of the stock in a transaction that occurred on Monday, September 30th. The shares were sold at an average price of $65.03, for a total transaction of $720,077.19. Following the completion of the sale, the chief executive officer now owns 278,134 shares of the company’s stock, valued at approximately $18,087,054.02. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Dana Wagner sold 591 shares of the business’s stock in a transaction that occurred on Wednesday, August 21st. The stock was sold at an average price of $60.87, for a total transaction of $35,974.17. Following the completion of the transaction, the insider now owns 156,737 shares in the company, valued at $9,540,581.19. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 56,418 shares of company stock valued at $3,749,556 in the last 90 days. 4.50% of the stock is owned by corporate insiders.

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.