Level Four Advisory Services LLC Acquires 1,555 Shares of Twilio Inc. (NYSE:TWLO)

Level Four Advisory Services LLC raised its position in Twilio Inc. (NYSE:TWLO) by 2.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 79,349 shares of the technology company’s stock after purchasing an additional 1,555 shares during the period. Level Four Advisory Services LLC’s holdings in Twilio were worth $8,576,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of TWLO. Ritholtz Wealth Management bought a new position in Twilio in the fourth quarter worth approximately $344,000. Bleakley Financial Group LLC purchased a new position in shares of Twilio during the fourth quarter valued at approximately $230,000. Zacks Investment Management bought a new stake in Twilio during the third quarter worth $3,386,000. Aigen Investment Management LP raised its position in Twilio by 81.6% in the 4th quarter. Aigen Investment Management LP now owns 11,546 shares of the technology company’s stock valued at $1,248,000 after buying an additional 5,188 shares during the last quarter. Finally, The Manufacturers Life Insurance Company lifted its stake in Twilio by 151.7% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 43,237 shares of the technology company’s stock valued at $2,820,000 after acquiring an additional 26,062 shares in the last quarter. Institutional investors own 84.27% of the company’s stock.

Insider Buying and Selling at Twilio

In other news, CEO Khozema Shipchandler sold 10,834 shares of the business’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $113.58, for a total value of $1,230,525.72. Following the completion of the sale, the chief executive officer now directly owns 244,971 shares of the company’s stock, valued at approximately $27,823,806.18. The trade was a 4.24 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Aidan Viggiano sold 6,552 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $113.55, for a total value of $743,979.60. Following the transaction, 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 position. The disclosure for this sale can be found here. Insiders have sold 21,277 shares of company stock worth $2,441,324 over the last three months. Insiders own 4.50% of the company’s stock.

Twilio Stock Down 2.3 %

Shares of NYSE TWLO opened at $101.80 on Friday. Twilio Inc. has a 12-month low of $52.51 and a 12-month high of $151.95. The stock has a market cap of $15.54 billion, a P/E ratio of -159.06, a PEG ratio of 4.30 and a beta of 1.47. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12. The business’s fifty day simple moving average is $120.82 and its 200-day simple moving average is $100.09.

Twilio (NYSE:TWLO) last announced its quarterly earnings data on Thursday, February 13th. The technology company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.77). Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. The firm had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.19 billion. As a group, equities analysts predict that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on TWLO shares. Baird R W upgraded Twilio from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 24th. Barclays upped their price objective on Twilio from $120.00 to $140.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. William Blair reiterated an “outperform” rating on shares of Twilio in a research note on Friday, February 14th. Jefferies Financial Group increased their price target on shares of Twilio from $105.00 to $145.00 and gave the company a “hold” rating in a research report on Friday, February 14th. Finally, The Goldman Sachs Group raised shares of Twilio from a “neutral” rating to a “buy” rating and increased their target price for the company from $77.00 to $185.00 in a research report on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $135.35.

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.