Arete Wealth Advisors LLC Makes New Investment in Twilio Inc. (NYSE:TWLO)

Arete Wealth Advisors LLC acquired a new stake in shares of Twilio Inc. (NYSE:TWLO) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 2,294 shares of the technology company’s stock, valued at approximately $248,000.

Several other large investors have also recently modified their holdings of the stock. The Manufacturers Life Insurance Company grew its position in Twilio by 151.7% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 43,237 shares of the technology company’s stock worth $2,820,000 after acquiring an additional 26,062 shares during the last quarter. Captrust Financial Advisors boosted its stake in shares of Twilio by 19.7% during the third quarter. Captrust Financial Advisors now owns 21,357 shares of the technology company’s stock valued at $1,393,000 after purchasing an additional 3,514 shares during the period. Royal London Asset Management Ltd. grew its holdings in shares of Twilio by 11.7% in the third quarter. Royal London Asset Management Ltd. now owns 67,127 shares of the technology company’s stock worth $4,378,000 after purchasing an additional 7,053 shares during the last quarter. Quantinno Capital Management LP increased its stake in shares of Twilio by 409.8% in the third quarter. Quantinno Capital Management LP now owns 51,019 shares of the technology company’s stock worth $3,327,000 after buying an additional 41,011 shares during the period. Finally, Stifel Financial Corp raised its holdings in Twilio by 176.8% during the 3rd quarter. Stifel Financial Corp now owns 21,833 shares of the technology company’s stock valued at $1,424,000 after buying an additional 13,946 shares during the last quarter. Hedge funds and other institutional investors own 84.27% of the company’s stock.

Twilio Price Performance

Shares of TWLO opened at $83.40 on Monday. Twilio Inc. has a twelve month low of $52.51 and a twelve month high of $151.95. The company has a market capitalization of $12.73 billion, a P/E ratio of -130.32, a price-to-earnings-growth ratio of 4.30 and a beta of 1.50. The firm has a 50 day moving average of $118.19 and a 200 day moving average of $102.16. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12.

Twilio (NYSE:TWLO) last posted its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share for the quarter, missing the consensus estimate 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 business had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.19 billion. As a group, equities research analysts anticipate that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

Insider Activity

In related news, CFO Aidan Viggiano sold 2,500 shares of Twilio stock in a transaction on Friday, February 21st. The stock was sold at an average price of $117.45, for a total value of $293,625.00. Following the completion of the sale, the chief financial officer now owns 184,164 shares of the company’s stock, valued at $21,630,061.80. The trade was a 1.34 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Khozema Shipchandler sold 12,056 shares of the firm’s stock in a transaction dated Monday, March 31st. The stock was sold at an average price of $95.88, for a total value of $1,155,929.28. Following the completion of the transaction, the chief executive officer now directly owns 295,134 shares in the company, valued at $28,297,447.92. The trade was a 3.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 23,471 shares of company stock valued at $2,344,149 over the last three months. Insiders own 4.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on TWLO. UBS Group boosted their price objective on shares of Twilio from $145.00 to $175.00 and gave the company a “buy” rating in a research report on Friday, February 14th. Robert W. Baird raised Twilio from a “neutral” rating to an “outperform” rating and upped their price target for the company from $115.00 to $160.00 in a research report on Friday, January 24th. Scotiabank lifted their price objective on Twilio from $90.00 to $160.00 and gave the stock a “sector outperform” rating in a research report on Friday, January 24th. Barclays upped their target price on Twilio from $120.00 to $140.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Finally, JMP Securities reiterated a “market outperform” rating and issued a $165.00 price target on shares of Twilio in a report on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Twilio currently has a consensus rating of “Moderate Buy” and a consensus target price of $135.35.

About Twilio

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.