Strategic Family Wealth Counselors L.L.C. Acquires 902 Shares of Twilio Inc. (NYSE:TWLO)

Strategic Family Wealth Counselors L.L.C. boosted its holdings in Twilio Inc. (NYSE:TWLOGet Rating) by 3.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 28,140 shares of the technology company’s stock after acquiring an additional 902 shares during the quarter. Twilio accounts for approximately 2.4% of Strategic Family Wealth Counselors L.L.C.’s investment portfolio, making the stock its 11th biggest holding. Strategic Family Wealth Counselors L.L.C.’s holdings in Twilio were worth $7,410,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Sands Capital Management LLC lifted its position in shares of Twilio by 20.3% during the 3rd quarter. Sands Capital Management LLC now owns 5,451,329 shares of the technology company’s stock worth $1,739,247,000 after buying an additional 920,349 shares in the last quarter. ARK Investment Management LLC lifted its position in shares of Twilio by 25.0% during the 4th quarter. ARK Investment Management LLC now owns 4,059,214 shares of the technology company’s stock worth $1,068,953,000 after buying an additional 810,637 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. lifted its position in shares of Twilio by 22.1% during the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 3,434,055 shares of the technology company’s stock worth $904,324,000 after buying an additional 621,427 shares in the last quarter. Allspring Global Investments Holdings LLC bought a new position in shares of Twilio during the 4th quarter worth approximately $118,167,000. Finally, Baillie Gifford & Co. lifted its position in shares of Twilio by 5.7% during the 4th quarter. Baillie Gifford & Co. now owns 6,456,068 shares of the technology company’s stock worth $1,700,141,000 after buying an additional 346,907 shares in the last quarter. 77.97% of the stock is currently owned by institutional investors and hedge funds.

TWLO traded up $6.01 during midday trading on Monday, hitting $128.79. The stock had a trading volume of 51,647 shares, compared to its average volume of 3,645,085. The company has a market cap of $23.38 billion, a P/E ratio of -23.44 and a beta of 1.37. The business has a fifty day moving average of $153.96 and a 200 day moving average of $227.12. The company has a debt-to-equity ratio of 0.09, a quick ratio of 8.43 and a current ratio of 8.43. Twilio Inc. has a 1 year low of $120.00 and a 1 year high of $412.68.

Twilio (NYSE:TWLOGet Rating) last issued its earnings results on Wednesday, February 9th. The technology company reported ($1.25) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.94) by ($0.31). The firm had revenue of $842.74 million during the quarter, compared to analysts’ expectations of $768.89 million. Twilio had a negative return on equity of 6.13% and a negative net margin of 33.43%. During the same period in the prior year, the company earned ($0.80) EPS. On average, equities research analysts anticipate that Twilio Inc. will post -3.76 earnings per share for the current year.

TWLO has been the subject of several research analyst reports. Wolfe Research raised their price target on shares of Twilio from $290.00 to $300.00 and gave the stock an “outperform” rating in a research note on Thursday, February 10th. KeyCorp raised their price target on shares of Twilio from $283.00 to $320.00 and gave the stock an “overweight” rating in a research note on Thursday, February 10th. Needham & Company LLC decreased their price target on shares of Twilio from $400.00 to $350.00 and set a “buy” rating for the company in a research note on Thursday, February 10th. Stifel Nicolaus decreased their price target on shares of Twilio from $350.00 to $300.00 and set a “buy” rating for the company in a research note on Monday, March 21st. Finally, Barclays decreased their price target on shares of Twilio from $375.00 to $250.00 and set an “overweight” rating for the company in a research note on Wednesday, April 13th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and twenty-two have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $339.54.

In related news, COO Khozema Shipchandler sold 3,550 shares of the firm’s stock in a transaction on Tuesday, February 22nd. The stock was sold at an average price of $156.78, for a total value of $556,569.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Eyal Manor sold 3,088 shares of the firm’s stock in a transaction on Tuesday, February 15th. The stock was sold at an average price of $199.01, for a total value of $614,542.88. The disclosure for this sale can be found here. In the last three months, insiders have sold 19,013 shares of company stock valued at $3,580,349. Insiders own 4.96% of the company’s stock.

About Twilio (Get Rating)

Twilio Inc, together with its subsidiaries, provides a cloud communications platform that enables developers to build, scale, and operate customer engagement within software applications in the United States and internationally. Its customer engagement platform provides a set of application programming interfaces that handle the higher-level communication logic needed for nearly every type of customer engagement, as well as enable developers to embed voice, messaging, video, and email capabilities into their applications.

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Institutional Ownership by Quarter for Twilio (NYSE:TWLO)

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