Twilio Inc. (NYSE:TWLO) Shares Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. raised its holdings in shares of Twilio Inc. (NYSE:TWLO) by 145.7% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,603 shares of the technology company’s stock after purchasing an additional 6,881 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Twilio were worth $1,254,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. Robeco Institutional Asset Management B.V. lifted its holdings in Twilio by 258.4% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 874,647 shares of the technology company’s stock worth $57,044,000 after buying an additional 630,627 shares during the last quarter. Pacer Advisors Inc. lifted its holdings in Twilio by 18.3% during the 3rd quarter. Pacer Advisors Inc. now owns 2,867,623 shares of the technology company’s stock worth $187,026,000 after buying an additional 444,295 shares during the last quarter. Los Angeles Capital Management LLC lifted its holdings in Twilio by 1,267.3% during the 4th quarter. Los Angeles Capital Management LLC now owns 454,435 shares of the technology company’s stock worth $49,115,000 after buying an additional 421,199 shares during the last quarter. KBC Group NV lifted its holdings in Twilio by 1,138.4% during the 4th quarter. KBC Group NV now owns 281,174 shares of the technology company’s stock worth $30,389,000 after buying an additional 258,469 shares during the last quarter. Finally, Franklin Resources Inc. lifted its holdings in Twilio by 2,412.9% during the 3rd quarter. Franklin Resources Inc. now owns 202,010 shares of the technology company’s stock worth $14,341,000 after buying an additional 193,971 shares during the last quarter. Institutional investors and hedge funds own 84.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on TWLO shares. Robert W. Baird raised 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 report on Friday, January 24th. Tigress Financial raised their price target on Twilio from $135.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, February 25th. Barclays raised their price target on Twilio from $120.00 to $140.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Jefferies Financial Group raised their price target on Twilio from $105.00 to $145.00 and gave the stock a “hold” rating in a report on Friday, February 14th. Finally, UBS Group raised their price target on Twilio from $145.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, February 14th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Twilio presently has an average rating of “Moderate Buy” and an average target price of $134.26.

Twilio Stock Down 1.3 %

Shares of TWLO stock opened at $114.93 on Wednesday. Twilio Inc. has a 1 year low of $52.51 and a 1 year high of $151.95. The stock has a market cap of $17.63 billion, a PE ratio of -179.57, a price-to-earnings-growth ratio of 4.30 and a beta of 1.47. The business’s fifty day moving average is $123.27 and its 200-day moving average is $95.60. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06.

Twilio (NYSE:TWLO) last issued its earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.77). The company had revenue of $1.19 billion during the quarter, compared to analyst estimates 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 fiscal year.

Insider Buying and Selling

In other news, CEO Khozema Shipchandler sold 10,834 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer now owns 244,971 shares of the company’s stock, valued at $27,823,806.18. This trade represents a 4.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Aidan Viggiano sold 6,552 shares of the firm’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $113.55, for a total value of $743,979.60. Following the completion of the sale, the chief financial officer now directly owns 153,910 shares of the company’s stock, valued at approximately $17,476,480.50. This trade represents a 4.08 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,277 shares of company stock worth $2,441,324 in the last three months. 4.50% of the stock is currently owned by insiders.

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.