Callan Family Office LLC Acquires New Stake in Twilio Inc. (NYSE:TWLO)

Callan Family Office LLC acquired a new stake in shares of Twilio Inc. (NYSE:TWLO) in the fourth quarter, HoldingsChannel reports. The firm acquired 1,903 shares of the technology company’s stock, valued at approximately $206,000.

Other large investors also recently bought and sold shares of the company. JFS Wealth Advisors LLC boosted its holdings in Twilio by 244.0% during the 4th quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company’s stock valued at $41,000 after acquiring an additional 266 shares during the period. Parkside Financial Bank & Trust boosted its holdings in Twilio by 79.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company’s stock valued at $41,000 after acquiring an additional 166 shares during the period. Centricity Wealth Management LLC purchased a new position in Twilio during the 4th quarter valued at $44,000. True Wealth Design LLC boosted its holdings in 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 acquiring an additional 416 shares during the period. Finally, Private Trust Co. NA raised its position in Twilio by 395.6% during the 4th quarter. Private Trust Co. NA now owns 451 shares of the technology company’s stock valued at $49,000 after purchasing an additional 360 shares in the last quarter. Hedge funds and other institutional investors own 84.27% of the company’s stock.

Insider Buying and Selling at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 10,834 shares of the business’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $113.58, for a total transaction of $1,230,525.72. Following the sale, the chief executive officer now owns 244,971 shares in the company, valued at approximately $27,823,806.18. The trade was a 4.24 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Aidan Viggiano sold 1,391 shares of the business’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $124.51, for a total value of $173,193.41. Following the sale, the chief financial officer now owns 152,519 shares in the company, valued at approximately $18,990,140.69. The trade was a 0.90 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 21,277 shares of company stock worth $2,441,324. 4.50% of the stock is currently owned by insiders.

Twilio Trading Up 1.6 %

Shares of NYSE:TWLO opened at $100.13 on Wednesday. The business’s 50-day moving average is $122.90 and its 200 day moving average is $97.21. Twilio Inc. has a 1 year low of $52.51 and a 1 year high of $151.95. The firm has a market capitalization of $15.36 billion, a P/E ratio of -156.46, a P/E/G ratio of 4.30 and a beta of 1.47. 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 announced its earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.77). Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.19 billion. On average, research analysts predict that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on TWLO. Jefferies Financial Group lifted their target price on Twilio from $105.00 to $145.00 and gave the company a “hold” rating in a research report on Friday, February 14th. Tigress Financial lifted their target price on Twilio from $135.00 to $170.00 and gave the company a “buy” rating in a research report on Tuesday, February 25th. Morgan Stanley raised Twilio from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $144.00 to $160.00 in a research report on Monday, February 24th. William Blair reaffirmed an “outperform” rating on shares of Twilio in a research report on Friday, February 14th. Finally, Barclays lifted their target price on Twilio from $120.00 to $140.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. One 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 company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $134.26.

Twilio Company 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.