Moloney Securities Asset Management LLC Makes New $860,000 Investment in Twilio Inc. (NYSE:TWLO)

Moloney Securities Asset Management LLC acquired a new position in shares of Twilio Inc. (NYSE:TWLO) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 7,955 shares of the technology company’s stock, valued at approximately $860,000.

Other hedge funds also recently modified their holdings of the company. GHP Investment Advisors Inc. grew its stake in Twilio by 10.4% in the fourth quarter. GHP Investment Advisors Inc. now owns 1,107 shares of the technology company’s stock valued at $120,000 after acquiring an additional 104 shares during the period. Tidal Investments LLC increased its stake in Twilio by 0.6% during the 3rd quarter. Tidal Investments LLC now owns 17,666 shares of the technology company’s stock valued at $1,152,000 after purchasing an additional 112 shares in the last quarter. Covestor Ltd raised its holdings in Twilio by 16.7% during the third quarter. Covestor Ltd now owns 1,033 shares of the technology company’s stock worth $67,000 after buying an additional 148 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Twilio by 25.0% in the fourth quarter. GAMMA Investing LLC now owns 849 shares of the technology company’s stock valued at $92,000 after buying an additional 170 shares in the last quarter. Finally, Metis Global Partners LLC grew its holdings in shares of Twilio by 2.5% during the third quarter. Metis Global Partners LLC now owns 7,324 shares of the technology company’s stock valued at $478,000 after buying an additional 182 shares during the last quarter. Institutional investors own 84.27% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. The Goldman Sachs Group upgraded shares of Twilio from a “neutral” rating to a “buy” rating and upped their target price for the stock from $77.00 to $185.00 in a report on Monday, January 27th. Mizuho raised their target price on Twilio from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Royal Bank of Canada reiterated an “underperform” rating and set a $50.00 price target on shares of Twilio in a report on Tuesday, January 21st. Needham & Company LLC raised their price objective on Twilio from $91.00 to $165.00 and gave the company a “buy” rating in a research note on Tuesday, January 28th. Finally, Northland Securities upped their target price on shares of Twilio from $66.00 to $86.00 and gave the stock a “market perform” rating in a research note on Thursday, October 31st. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $119.25.

Twilio Stock Down 1.3 %

Twilio stock opened at $145.59 on Monday. The firm has a market capitalization of $22.33 billion, a price-to-earnings ratio of -56.65, a P/E/G ratio of 3.60 and a beta of 1.43. The firm has a 50 day simple moving average of $118.03 and a 200 day simple moving average of $87.53. Twilio Inc. has a 1-year low of $52.51 and a 1-year high of $151.95. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12.

Insider Activity

In related news, insider Dana Wagner sold 4,629 shares of the business’s stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $110.00, for a total transaction of $509,190.00. Following the completion of the transaction, the insider now owns 125,576 shares of the company’s stock, valued at approximately $13,813,360. The trade was a 3.56 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Aidan Viggiano sold 6,552 shares of the stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $113.55, for a total transaction of $743,979.60. Following the completion of the sale, the chief financial officer now owns 153,910 shares in the company, valued at $17,476,480.50. This represents a 4.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 22,015 shares of company stock worth $2,483,695. 4.50% of the stock is owned by corporate insiders.

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.