Nations Financial Group Inc. IA ADV Buys Shares of 8,316 Twilio Inc. (NYSE:TWLO)

Nations Financial Group Inc. IA ADV bought a new stake in shares of Twilio Inc. (NYSE:TWLO) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 8,316 shares of the technology company’s stock, valued at approximately $899,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of TWLO. True Wealth Design LLC grew its position in shares of Twilio by 5,200.0% during the 3rd 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. Brooklyn Investment Group purchased a new position in shares of Twilio during the 3rd quarter valued at $46,000. Venturi Wealth Management LLC grew its position in shares of Twilio by 205.4% during the 3rd 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. Huntington National Bank grew its position in shares of Twilio by 214.5% during the 3rd quarter. Huntington National Bank now owns 780 shares of the technology company’s stock valued at $51,000 after purchasing an additional 532 shares in the last quarter. Finally, Raleigh Capital Management Inc. grew its position in shares of Twilio by 15,540.0% during the 4th quarter. Raleigh Capital Management Inc. now owns 782 shares of the technology company’s stock valued at $85,000 after purchasing an additional 777 shares in the last quarter. Institutional investors own 84.27% of the company’s stock.

Insiders Place Their Bets

In other Twilio news, CFO Aidan Viggiano sold 6,552 shares of the company’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $113.55, for a total value of $743,979.60. Following the sale, the chief financial officer now owns 153,910 shares in the company, valued at approximately $17,476,480.50. This represents a 4.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Dana Wagner sold 4,629 shares of the company’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $110.00, for a total transaction of $509,190.00. Following the completion of the sale, the insider now owns 125,576 shares in the company, valued at approximately $13,813,360. This trade represents a 3.56 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 22,015 shares of company stock worth $2,483,695. 4.50% of the stock is currently owned by company insiders.

Twilio Price Performance

TWLO stock opened at $125.41 on Monday. Twilio Inc. has a 1 year low of $52.51 and a 1 year high of $151.95. The company has a market cap of $19.23 billion, a P/E ratio of -48.80, a PEG ratio of 3.60 and a beta of 1.43. The firm has a 50-day moving average of $121.20 and a 200 day moving average of $90.42. 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 (NYSE:TWLO) last released its quarterly 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 0.85% and a negative net margin of 10.65%. The company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.19 billion. On average, sell-side analysts forecast that Twilio Inc. will post 0.88 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently issued reports on TWLO shares. Wells Fargo & Company upped their target price on shares of Twilio from $140.00 to $155.00 and gave the stock an “overweight” rating in a research report on Friday, January 24th. Stifel Nicolaus upped their target price on shares of Twilio from $130.00 to $135.00 and gave the stock a “hold” rating in a research report on Friday. Robert W. Baird upgraded shares of Twilio from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $115.00 to $160.00 in a research report on Friday, January 24th. Jefferies Financial Group upped their target price on shares of Twilio from $105.00 to $145.00 and gave the stock a “hold” rating in a research report on Friday. Finally, Tigress Financial upped their target price on shares of Twilio from $85.00 to $135.00 and gave the stock a “buy” rating in a research report on Wednesday, November 27th. One equities research 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 company’s stock. According to MarketBeat.com, Twilio presently has an average rating of “Moderate Buy” and a consensus target price of $130.91.

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.