MUFG Securities EMEA plc Trims Holdings in Twilio Inc. (NYSE:TWLO)

MUFG Securities EMEA plc decreased its holdings in Twilio Inc. (NYSE:TWLOFree Report) by 59.3% in the 4th quarter, Holdings Channel reports. The firm owned 1,644 shares of the technology company’s stock after selling 2,397 shares during the period. MUFG Securities EMEA plc’s holdings in Twilio were worth $125,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of TWLO. Johnson Financial Group Inc. purchased a new position in Twilio during the 4th quarter worth $335,000. Advisory Services Network LLC acquired a new position in shares of Twilio during the 4th quarter worth $169,000. Thoroughbred Financial Services LLC acquired a new position in shares of Twilio during the 4th quarter worth $389,000. PNC Financial Services Group Inc. grew its stake in shares of Twilio by 5.4% during the 4th quarter. PNC Financial Services Group Inc. now owns 15,935 shares of the technology company’s stock worth $1,209,000 after purchasing an additional 823 shares during the period. Finally, Norges Bank acquired a new position in shares of Twilio during the 4th quarter worth $179,739,000. Hedge funds and other institutional investors own 84.27% of the company’s stock.

Insider Transactions at Twilio

In other news, CEO Khozema Shipchandler sold 10,961 shares of the firm’s stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $62.13, for a total transaction of $681,006.93. Following the completion of the sale, the chief executive officer now owns 335,982 shares of the company’s stock, valued at $20,874,561.66. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Twilio news, CEO Khozema Shipchandler sold 10,961 shares of Twilio stock in a transaction on Monday, April 1st. The shares were sold at an average price of $62.13, for a total value of $681,006.93. Following the completion of the transaction, the chief executive officer now owns 335,982 shares of the company’s stock, valued at $20,874,561.66. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Aidan Viggiano sold 6,633 shares of Twilio stock in a transaction on Monday, April 1st. The stock was sold at an average price of $62.12, for a total transaction of $412,041.96. Following the completion of the transaction, the chief financial officer now directly owns 234,411 shares of the company’s stock, valued at approximately $14,561,611.32. The disclosure for this sale can be found here. Over the last quarter, insiders sold 27,692 shares of company stock valued at $1,714,597. 4.50% of the stock is currently owned by corporate insiders.

Twilio Trading Up 0.2 %

NYSE TWLO traded up $0.12 during mid-day trading on Friday, hitting $59.05. The company’s stock had a trading volume of 1,490,298 shares, compared to its average volume of 2,745,959. The company has a debt-to-equity ratio of 0.11, a current ratio of 6.55 and a quick ratio of 6.55. Twilio Inc. has a 52-week low of $49.86 and a 52-week high of $78.16. The stock’s fifty day simple moving average is $60.76 and its two-hundred day simple moving average is $65.06. The firm has a market capitalization of $10.11 billion, a P/E ratio of -14.73, a price-to-earnings-growth ratio of 9.97 and a beta of 1.33.

Twilio (NYSE:TWLOGet Free Report) last issued its quarterly earnings data on Tuesday, May 7th. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.15. Twilio had a negative net margin of 17.37% and a negative return on equity of 0.89%. The company had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.03 billion. Research analysts expect that Twilio Inc. will post 0.18 EPS for the current year.

Analyst Upgrades and Downgrades

TWLO has been the topic of a number of research reports. Jefferies Financial Group lowered their price objective on shares of Twilio from $65.00 to $60.00 and set a “hold” rating on the stock in a research note on Wednesday, March 6th. The Goldman Sachs Group raised their price target on shares of Twilio from $69.00 to $70.00 and gave the stock a “neutral” rating in a research note on Wednesday, March 6th. StockNews.com cut shares of Twilio from a “buy” rating to a “hold” rating in a research note on Wednesday. Stifel Nicolaus decreased their price target on shares of Twilio from $70.00 to $60.00 and set a “hold” rating on the stock in a research note on Wednesday, March 6th. Finally, Sanford C. Bernstein decreased their price target on shares of Twilio from $70.00 to $68.00 and set a “market perform” rating on the stock in a research note on Wednesday, May 8th. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat.com, Twilio currently has an average rating of “Hold” and a consensus target price of $69.95.

Get Our Latest Stock Analysis on Twilio

Twilio Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Twilio (NYSE:TWLO)

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