Regal Partners Ltd Buys Shares of 3,397 Twilio Inc. (NYSE:TWLO)

Regal Partners Ltd purchased a new position in Twilio Inc. (NYSE:TWLO) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,397 shares of the technology company’s stock, valued at approximately $367,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of TWLO. JFS Wealth Advisors LLC grew its position in shares of 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 purchasing an additional 266 shares in the last quarter. Parkside Financial Bank & Trust boosted its stake in Twilio by 79.4% during the fourth quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company’s stock valued at $41,000 after buying an additional 166 shares during the period. Centricity Wealth Management LLC purchased a new position in Twilio during the fourth quarter worth about $44,000. Private Trust Co. NA increased its stake in Twilio by 395.6% in the 4th quarter. Private Trust Co. NA now owns 451 shares of the technology company’s stock worth $49,000 after acquiring an additional 360 shares during the last quarter. Finally, Murphy & Mullick Capital Management Corp bought a new stake in shares of Twilio during the 4th quarter valued at about $75,000. Institutional investors own 84.27% of the company’s stock.

Twilio Stock Up 0.8 %

Shares of NYSE TWLO opened at $96.46 on Wednesday. The firm has a fifty day simple moving average of $98.42 and a two-hundred day simple moving average of $104.54. The firm has a market capitalization of $14.72 billion, a PE ratio of -150.72, a price-to-earnings-growth ratio of 4.30 and a beta of 1.50. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12. Twilio Inc. has a 12 month low of $52.51 and a 12 month high of $151.95.

Twilio (NYSE:TWLO) last posted its earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.77). The firm had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. Equities analysts expect that Twilio Inc. will post 1.44 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on TWLO shares. The Goldman Sachs Group raised shares of Twilio from a “neutral” rating to a “buy” rating and raised their target price for the company from $77.00 to $185.00 in a research note on Monday, January 27th. 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, February 14th. JPMorgan Chase & Co. raised their price target on Twilio from $83.00 to $130.00 and gave the company an “overweight” rating in a research report on Friday, January 24th. Barclays increased their price objective on Twilio from $120.00 to $140.00 and gave the company an “equal weight” rating in a research report on Friday, February 14th. Finally, JMP Securities restated a “market outperform” rating and issued a $165.00 target price on shares of Twilio in a research report on Tuesday. One analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $125.96.

Insider Activity at Twilio

In other news, CEO Khozema Shipchandler sold 12,056 shares of the stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of $95.88, for a total transaction of $1,155,929.28. Following the sale, the chief executive officer now owns 295,134 shares in the company, valued at $28,297,447.92. This represents a 3.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Aidan Viggiano sold 1,391 shares of the stock in a transaction on 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. This represents a 0.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 23,471 shares of company stock valued at $2,344,149 in the last three months. Company insiders own 4.50% of the company’s stock.

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.