Kera Capital Partners Inc. Invests $247,000 in Twilio Inc. (NYSE:TWLO)

Kera Capital Partners Inc. acquired a new position in shares of Twilio Inc. (NYSE:TWLO) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 2,289 shares of the technology company’s stock, valued at approximately $247,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of TWLO. True Wealth Design LLC lifted its position in shares of Twilio by 5,200.0% in the third quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock valued at $28,000 after acquiring an additional 416 shares in the last quarter. Brooklyn Investment Group purchased a new position in Twilio in the 3rd quarter valued at about $46,000. Venturi Wealth Management LLC boosted its stake in shares of Twilio by 205.4% during the 3rd quarter. Venturi Wealth Management LLC now owns 733 shares of the technology company’s stock worth $48,000 after purchasing an additional 493 shares during the last quarter. Huntington National Bank grew its holdings in shares of Twilio by 214.5% during the third quarter. Huntington National Bank now owns 780 shares of the technology company’s stock worth $51,000 after buying an additional 532 shares in the last quarter. Finally, Planning Capital Management Corp acquired a new position in shares of Twilio in the third quarter valued at approximately $53,000. Hedge funds and other institutional investors own 84.27% of the company’s stock.

Twilio Stock Performance

TWLO stock opened at $111.98 on Friday. The firm has a market cap of $17.18 billion, a P/E ratio of -43.57, a P/E/G ratio of 2.13 and a beta of 1.38. The stock’s 50 day simple moving average is $107.13 and its 200 day simple moving average is $79.27. 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 $117.92.

Analyst Upgrades and Downgrades

Several analysts have commented on TWLO shares. UBS Group lifted their target price on shares of Twilio from $74.00 to $88.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. JMP Securities reaffirmed a “market outperform” rating and issued a $110.00 price objective on shares of Twilio in a research report on Tuesday, October 8th. Monness Crespi & Hardt upgraded Twilio from a “neutral” rating to a “buy” rating and set a $135.00 target price on the stock in a research report on Friday, November 15th. Northland Securities lifted their price target on Twilio from $66.00 to $86.00 and gave the company a “market perform” rating in a report on Thursday, October 31st. Finally, Morgan Stanley upped their price objective on shares of Twilio from $115.00 to $118.00 and gave the company an “equal weight” rating in a research note on Friday. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $93.74.

Insiders Place Their Bets

In other news, CEO Khozema Shipchandler sold 10,834 shares of the firm’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $113.58, for a total transaction of $1,230,525.72. Following the transaction, the chief executive officer now directly owns 244,971 shares of the company’s stock, valued at approximately $27,823,806.18. This trade represents a 4.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Dana Wagner sold 4,512 shares of the firm’s stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $80.00, for a total transaction of $360,960.00. Following the transaction, the insider now directly owns 142,291 shares in the company, valued at approximately $11,383,280. The trade was a 3.07 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 26,527 shares of company stock valued at $2,844,655 over the last quarter. Insiders own 4.50% 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.