Edmond DE Rothschild Holding S.A. acquired a new stake in Twilio Inc (NYSE:TWLO) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 11,700 shares of the technology company’s stock, valued at approximately $1,045,000.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Adirondack Trust Co. boosted its stake in Twilio by 625.0% during the 4th quarter. Adirondack Trust Co. now owns 348 shares of the technology company’s stock worth $31,000 after acquiring an additional 300 shares during the last quarter. Parallel Advisors LLC boosted its stake in Twilio by 300.0% during the 4th quarter. Parallel Advisors LLC now owns 400 shares of the technology company’s stock worth $35,000 after acquiring an additional 300 shares during the last quarter. Brasada Capital Management LP bought a new position in Twilio during the 4th quarter worth approximately $45,000. Signet Investment Advisory Group Inc. bought a new position in Twilio during the 4th quarter worth approximately $53,000. Finally, Focused Wealth Management Inc bought a new position in Twilio during the 4th quarter worth approximately $63,000. 70.20% of the stock is currently owned by institutional investors.

Shares of TWLO opened at $129.41 on Friday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 6.33 and a current ratio of 6.33. Twilio Inc has a twelve month low of $35.89 and a twelve month high of $131.36. The company has a market capitalization of $15.67 billion, a price-to-earnings ratio of -161.76 and a beta of 1.34.

Twilio (NYSE:TWLO) last posted its quarterly earnings data on Tuesday, February 12th. The technology company reported $0.04 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.17) by $0.21. Twilio had a negative net margin of 18.76% and a negative return on equity of 21.00%. The company had revenue of $204.30 million for the quarter, compared to the consensus estimate of $184.46 million. During the same period last year, the company earned ($0.03) earnings per share. The firm’s revenue was up 77.3% compared to the same quarter last year. Analysts anticipate that Twilio Inc will post -1.06 earnings per share for the current year.

In other news, CEO Jeff Lawson sold 20,830 shares of Twilio stock in a transaction that occurred on Tuesday, December 18th. The shares were sold at an average price of $86.31, for a total value of $1,797,837.30. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, General Counsel Karyn Smith sold 25,486 shares of Twilio stock in a transaction that occurred on Friday, February 22nd. The shares were sold at an average price of $115.30, for a total transaction of $2,938,535.80. The disclosure for this sale can be found here. Insiders sold 130,885 shares of company stock worth $13,171,737 over the last quarter. 19.80% of the stock is owned by corporate insiders.

Several research analysts recently weighed in on TWLO shares. Argus lifted their price objective on shares of Twilio to $125.00 and gave the stock a “buy” rating in a research note on Thursday, February 14th. KeyCorp reissued an “overweight” rating and set a $114.00 price objective (up previously from $103.00) on shares of Twilio in a research note on Tuesday, January 8th. Guggenheim began coverage on shares of Twilio in a research note on Monday, March 11th. They set a “buy” rating and a $140.00 price objective on the stock. Robert W. Baird reaffirmed an “outperform” rating and issued a $134.00 price target (up previously from $105.00) on shares of Twilio in a research note on Friday, February 1st. Finally, Bank of America reaffirmed a “buy” rating and issued a $125.00 price target (up previously from $92.00) on shares of Twilio in a research note on Thursday, February 7th. Four equities research analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $113.24.

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Twilio Profile

Twilio Inc provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications in the United States and internationally. The company's programmable communications cloud provides a set of application programming interfaces that enable developers to embed voice, messaging, and video capabilities into their applications.

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Institutional Ownership by Quarter for Twilio (NYSE:TWLO)

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