Twilio Inc. (NYSE:TWLO) Shares Sold by Gulf International Bank UK Ltd

Gulf International Bank UK Ltd trimmed its position in shares of Twilio Inc. (NYSE:TWLO) by 1.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,415 shares of the technology company’s stock after selling 133 shares during the period. Gulf International Bank UK Ltd’s holdings in Twilio were worth $1,449,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in TWLO. Raymond James & Associates grew its holdings in Twilio by 235.4% during the 3rd quarter. Raymond James & Associates now owns 77,386 shares of the technology company’s stock valued at $5,047,000 after purchasing an additional 54,310 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Twilio by 167.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 14,612 shares of the technology company’s stock valued at $953,000 after acquiring an additional 9,141 shares during the last quarter. DekaBank Deutsche Girozentrale boosted its stake in Twilio by 50.8% during the 3rd quarter. DekaBank Deutsche Girozentrale now owns 32,970 shares of the technology company’s stock valued at $2,108,000 after acquiring an additional 11,105 shares during the last quarter. New York State Teachers Retirement System boosted its stake in Twilio by 44.3% during the 3rd quarter. New York State Teachers Retirement System now owns 16,017 shares of the technology company’s stock valued at $1,045,000 after acquiring an additional 4,916 shares during the last quarter. Finally, Financial Advocates Investment Management bought a new position in Twilio during the 3rd quarter valued at $232,000. 84.27% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have commented on the stock. Baird R W upgraded shares of Twilio from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 24th. Stifel Nicolaus increased their price objective on shares of Twilio from $130.00 to $135.00 and gave the company a “hold” rating in a research note on Friday, February 14th. Tigress Financial increased their price objective on shares of Twilio from $135.00 to $170.00 and gave the company a “buy” rating in a research note on Tuesday, February 25th. Morgan Stanley upgraded shares of Twilio from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $144.00 to $160.00 in a research note on Monday, February 24th. Finally, Monness Crespi & Hardt raised their price target on shares of Twilio from $135.00 to $152.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Twilio has an average rating of “Moderate Buy” and a consensus price target of $134.26.

Twilio Stock Up 2.3 %

TWLO stock opened at $119.91 on Friday. 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 Inc. has a fifty-two week low of $52.51 and a fifty-two week high of $151.95. The firm’s 50-day simple moving average is $123.07 and its 200 day simple moving average is $94.59. The stock has a market cap of $18.39 billion, a PE ratio of -187.36, a price-to-earnings-growth ratio of 4.30 and a beta of 1.43.

Twilio (NYSE:TWLO) last released its earnings results on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.77). The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.19 billion. Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. As a group, sell-side analysts predict that Twilio Inc. will post 1.44 EPS for the current 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 dated Tuesday, February 18th. The shares were sold at an average price of $124.51, for a total transaction of $173,193.41. Following the transaction, the chief financial officer now owns 152,519 shares of the company’s stock, valued at approximately $18,990,140.69. This trade represents a 0.90 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Dana Wagner sold 4,629 shares of the firm’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $110.00, for a total transaction of $509,190.00. Following the transaction, the insider now directly owns 125,576 shares in the company, valued at approximately $13,813,360. The trade was a 3.56 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 25,906 shares of company stock valued at $2,950,514. 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.