Twilio Inc. (NYSE:TWLO) Stock Holdings Lifted by DekaBank Deutsche Girozentrale

DekaBank Deutsche Girozentrale raised its position in Twilio Inc. (NYSE:TWLO) by 50.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 32,970 shares of the technology company’s stock after purchasing an additional 11,105 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Twilio were worth $2,108,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TWLO. J.W. Cole Advisors Inc. grew its stake in Twilio by 27.5% in the first quarter. J.W. Cole Advisors Inc. now owns 3,754 shares of the technology company’s stock valued at $230,000 after purchasing an additional 809 shares in the last quarter. Private Advisor Group LLC grew its stake in Twilio by 182.3% in the first quarter. Private Advisor Group LLC now owns 35,065 shares of the technology company’s stock valued at $2,144,000 after purchasing an additional 22,643 shares in the last quarter. Capstone Investment Advisors LLC purchased a new position in Twilio in the first quarter valued at about $2,031,000. Hussman Strategic Advisors Inc. purchased a new position in Twilio in the first quarter valued at about $770,000. Finally, Greenwood Capital Associates LLC grew its stake in Twilio by 28.5% in the first quarter. Greenwood Capital Associates LLC now owns 8,089 shares of the technology company’s stock valued at $495,000 after purchasing an additional 1,792 shares in the last quarter. Hedge funds and other institutional investors own 84.27% of the company’s stock.

Twilio Trading Up 5.2 %

TWLO stock opened at $84.82 on Friday. Twilio Inc. has a 1-year low of $51.90 and a 1-year high of $85.59. The firm has a market cap of $13.62 billion, a P/E ratio of -33.00, a P/E/G ratio of 4.02 and a beta of 1.35. The business’s 50 day moving average is $65.80 and its 200-day moving average is $61.12. The company has a current ratio of 5.57, a quick ratio of 5.57 and a debt-to-equity ratio of 0.11.

Twilio (NYSE:TWLO) last released its quarterly earnings data on Thursday, August 1st. The technology company reported $0.87 earnings per share for the quarter, beating the consensus estimate of $0.70 by $0.17. Twilio had a positive return on equity of 0.83% and a negative net margin of 10.65%. The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.06 billion. During the same period in the prior year, the company posted ($0.23) EPS. The company’s revenue was up 4.4% compared to the same quarter last year. Equities analysts anticipate that Twilio Inc. will post 0.54 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts have weighed in on TWLO shares. UBS Group boosted their price target on Twilio from $74.00 to $88.00 and gave the stock a “buy” rating in a research report on Thursday. Wells Fargo & Company boosted their price target on Twilio from $75.00 to $80.00 and gave the stock an “equal weight” rating in a research report on Friday. Tigress Financial boosted their price target on Twilio from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd. Morgan Stanley boosted their price target on Twilio from $70.00 to $77.00 and gave the stock an “equal weight” rating in a research report on Thursday. Finally, JPMorgan Chase & Co. boosted their price target on Twilio from $78.00 to $83.00 and gave the stock an “overweight” rating in a research report on Thursday. 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $79.55.

Insider Activity

In other news, CEO Khozema Shipchandler sold 11,073 shares of the company’s stock in a transaction that occurred on Monday, September 30th. The stock was sold at an average price of $65.03, for a total value of $720,077.19. Following the sale, the chief executive officer now directly owns 278,134 shares in the company, 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 is accessible through this link. In related news, insider Dana Wagner sold 591 shares of the 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 sale, the insider now directly owns 156,737 shares in the company, valued at $9,540,581.19. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Khozema Shipchandler sold 11,073 shares of the stock in a transaction that occurred on Monday, September 30th. The stock was sold at an average price of $65.03, for a total value of $720,077.19. Following the sale, the chief executive officer now owns 278,134 shares in the company, valued at approximately $18,087,054.02. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 51,906 shares of company stock worth $3,388,596. Company 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.