Captrust Financial Advisors Acquires 6,709 Shares of Twilio Inc. (NYSE:TWLO)

Captrust Financial Advisors increased its holdings in shares of Twilio Inc. (NYSE:TWLO) by 31.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,066 shares of the technology company’s stock after acquiring an additional 6,709 shares during the quarter. Captrust Financial Advisors’ holdings in Twilio were worth $3,033,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of TWLO. JFS Wealth Advisors LLC lifted 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 during the last quarter. Parkside Financial Bank & Trust lifted its position in shares of 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 buying an additional 166 shares during the last quarter. Centricity Wealth Management LLC bought a new position in shares of Twilio during the 4th quarter worth $44,000. Private Trust Co. NA increased its holdings 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 Twilio in the 4th quarter valued at about $75,000. Hedge funds and other institutional investors own 84.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on TWLO. HSBC upgraded shares of Twilio from a “reduce” rating to a “hold” rating and lifted their target price for the stock from $77.00 to $99.00 in a research note on Monday, May 5th. The Goldman Sachs Group boosted their target price on shares of Twilio from $130.00 to $145.00 and gave the company a “buy” rating in a report on Friday, May 2nd. William Blair reaffirmed an “outperform” rating on shares of Twilio in a report on Friday, February 14th. Jefferies Financial Group decreased their price objective on Twilio from $145.00 to $108.00 and set a “hold” rating on the stock in a research note on Monday, April 28th. Finally, Oppenheimer raised their target price on Twilio from $90.00 to $160.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $124.41.

Twilio Price Performance

Shares of Twilio stock opened at $105.71 on Friday. The firm has a market capitalization of $16.13 billion, a PE ratio of -165.17, a price-to-earnings-growth ratio of 4.30 and a beta of 1.44. 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. The business’s 50-day moving average price is $95.98 and its 200-day moving average price is $106.27.

Twilio (NYSE:TWLO) last posted its quarterly earnings results on Thursday, May 1st. The technology company reported $1.14 EPS for the quarter, topping the consensus estimate of $0.92 by $0.22. Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. The firm had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.14 billion. During the same period last year, the firm posted $0.80 earnings per share. The business’s revenue was up 12.0% compared to the same quarter last year. Sell-side analysts forecast that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Insider Buying and Selling at Twilio

In other Twilio news, CFO Aidan Viggiano sold 1,391 shares of the firm’s 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 of the company’s stock, valued at $18,990,140.69. This trade represents a 0.90 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Khozema Shipchandler sold 12,056 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer now directly owns 295,134 shares of the company’s stock, valued at approximately $28,297,447.92. This trade represents a 3.92 % 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 worth $2,344,149 over the last three months. Company insiders own 0.21% 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.