J.W. Cole Advisors Inc. Increases Stock Holdings in Twilio Inc. (NYSE:TWLO)

J.W. Cole Advisors Inc. boosted its position in shares of Twilio Inc. (NYSE:TWLO) by 9.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 4,053 shares of the technology company’s stock after buying an additional 335 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Twilio were worth $438,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in TWLO. Allworth Financial LP increased its position in shares of Twilio by 6.9% during the 4th quarter. Allworth Financial LP now owns 1,465 shares of the technology company’s stock worth $165,000 after purchasing an additional 94 shares during the last quarter. Principal Securities Inc. boosted its stake in Twilio by 133.1% during the fourth quarter. Principal Securities Inc. now owns 1,303 shares of the technology company’s stock worth $141,000 after buying an additional 744 shares during the period. Nations Financial Group Inc. IA ADV purchased a new stake in shares of Twilio in the 4th quarter valued at approximately $899,000. Chevy Chase Trust Holdings LLC purchased a new stake in shares of Twilio in the 4th quarter valued at approximately $294,000. Finally, Palacios Wealth Management LLC acquired a new position in shares of Twilio in the 4th quarter worth approximately $606,000. Hedge funds and other institutional investors own 84.27% of the company’s stock.

Insider Buying and Selling

In related news, insider Dana Wagner sold 4,629 shares of Twilio stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $110.00, for a total value of $509,190.00. Following the transaction, the insider now directly owns 125,576 shares in the company, valued at $13,813,360. This trade represents a 3.56 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Aidan Viggiano sold 6,552 shares of the company’s stock in a transaction 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 transaction, the chief financial officer now owns 153,910 shares of the company’s stock, valued at approximately $17,476,480.50. The trade was a 4.08 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 23,406 shares of company stock worth $2,656,889 in the last 90 days. Company insiders own 4.50% of the company’s stock.

Twilio Stock Performance

Shares of TWLO stock opened at $117.92 on Friday. The stock’s 50-day moving average is $122.01 and its two-hundred day moving average is $91.78. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06. Twilio Inc. has a 1 year low of $52.51 and a 1 year high of $151.95. The firm has a market cap of $18.09 billion, a price-to-earnings ratio of -184.25, a PEG ratio of 4.70 and a beta of 1.43.

Twilio (NYSE:TWLO) last released its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.77). The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.19 billion. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. Analysts predict that Twilio Inc. will post 1.4 earnings per share for the current year.

Analyst Ratings Changes

Several analysts recently weighed in on TWLO shares. Northland Securities lifted their target price on shares of Twilio from $66.00 to $86.00 and gave the company a “market perform” rating in a report on Thursday, October 31st. Jefferies Financial Group lifted their price objective on Twilio from $105.00 to $145.00 and gave the company a “hold” rating in a research note on Friday, February 14th. JMP Securities reissued a “market outperform” rating and set a $165.00 target price on shares of Twilio in a research note on Friday, February 14th. William Blair restated an “outperform” rating on shares of Twilio in a report on Friday, February 14th. Finally, Wells Fargo & Company boosted their price target on shares of Twilio from $140.00 to $155.00 and gave the stock an “overweight” rating in a research note on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Twilio currently has an average rating of “Moderate Buy” and a consensus target price of $130.91.

About Twilio

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.