Oppenheimer & Co. Inc. Has $1.25 Million Stock Holdings in Twilio Inc. (NYSE:TWLO)

Oppenheimer & Co. Inc. lifted its holdings in Twilio Inc. (NYSE:TWLO) by 145.7% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 11,603 shares of the technology company’s stock after acquiring an additional 6,881 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Twilio were worth $1,254,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of TWLO. True Wealth Design LLC grew its stake in Twilio by 5,200.0% in the third quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock valued at $28,000 after purchasing an additional 416 shares in the last quarter. JFS Wealth Advisors LLC grew its stake in Twilio by 244.0% in the fourth quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company’s stock valued at $41,000 after purchasing an additional 266 shares in the last quarter. Centricity Wealth Management LLC purchased a new position in Twilio in the fourth quarter valued at about $44,000. Brooklyn Investment Group purchased a new position in Twilio in the third quarter valued at about $46,000. Finally, Venturi Wealth Management LLC grew its stake in Twilio by 205.4% in the third quarter. Venturi Wealth Management LLC now owns 733 shares of the technology company’s stock valued at $48,000 after purchasing an additional 493 shares in the last quarter. Institutional investors and hedge funds own 84.27% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Scotiabank upped their price target on Twilio from $90.00 to $160.00 and gave the stock a “sector outperform” rating in a research note on Friday, January 24th. JPMorgan Chase & Co. upped their price target on Twilio from $83.00 to $130.00 and gave the stock an “overweight” rating in a research note on Friday, January 24th. Stifel Nicolaus upped their price target on Twilio from $130.00 to $135.00 and gave the stock a “hold” rating in a research note on Friday, February 14th. Robert W. Baird upgraded Twilio from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $115.00 to $160.00 in a research note on Friday, January 24th. Finally, Baird R W upgraded Twilio from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $134.26.

Twilio Trading Down 1.3 %

Twilio stock opened at $114.93 on Wednesday. The business has a 50 day moving average price of $123.27 and a two-hundred day moving average price of $95.60. 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 market cap of $17.63 billion, a price-to-earnings ratio of -179.57, a price-to-earnings-growth ratio of 4.30 and a beta of 1.47. Twilio Inc. has a 12 month low of $52.51 and a 12 month high of $151.95.

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). Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. The company had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.19 billion. As a group, equities analysts forecast that Twilio Inc. will post 1.44 EPS for the current year.

Insider Buying and Selling

In other Twilio news, CFO Aidan Viggiano sold 1,391 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $124.51, for a total value of $173,193.41. Following the transaction, the chief financial officer now directly owns 152,519 shares in the company, valued at approximately $18,990,140.69. This trade represents a 0.90 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Khozema Shipchandler sold 10,834 shares of the stock in a transaction on 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 transaction, the chief executive officer now owns 244,971 shares in the company, valued at $27,823,806.18. The trade was a 4.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 21,277 shares of company stock worth $2,441,324 in the last three months. 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.