Twilio Inc. (NYSE:TWLO) Stock Position Boosted by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC grew its position in Twilio Inc. (NYSE:TWLOFree Report) by 2.9% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,060 shares of the technology company’s stock after purchasing an additional 429 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Twilio were worth $881,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Covestor Ltd lifted its stake in shares of Twilio by 419.5% in the first quarter. Covestor Ltd now owns 213 shares of the technology company’s stock worth $35,000 after buying an additional 172 shares during the last quarter. Optimum Investment Advisors boosted its holdings in Twilio by 68.3% during the third quarter. Optimum Investment Advisors now owns 505 shares of the technology company’s stock valued at $30,000 after acquiring an additional 205 shares during the period. RVW Wealth LLC acquired a new stake in shares of Twilio in the third quarter worth $30,000. Quarry LP grew its position in Twilio by 328.2% in the 2nd quarter. Quarry LP now owns 561 shares of the technology company’s stock worth $36,000 after purchasing an additional 430 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in Twilio by 18.7% in the first quarter. Geneos Wealth Management Inc. now owns 692 shares of the technology company’s stock valued at $114,000 after acquiring an additional 109 shares during the period. 80.87% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Twilio news, major shareholder Twilio Inc sold 5,000,000 shares of the firm’s stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of $0.57, for a total transaction of $2,850,000.00. Following the completion of the sale, the insider now directly owns 5,000,000 shares in the company, valued at $2,850,000. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In related news, insider Khozema Shipchandler sold 10,520 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $72.18, for a total value of $759,333.60. Following the completion of the transaction, the insider now owns 207,599 shares of the company’s stock, valued at $14,984,495.82. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, major shareholder Twilio Inc sold 5,000,000 shares of the business’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $0.57, for a total value of $2,850,000.00. Following the completion of the transaction, the insider now directly owns 5,000,000 shares of the company’s stock, valued at approximately $2,850,000. The disclosure for this sale can be found here. Insiders have sold a total of 5,020,880 shares of company stock valued at $4,342,944 over the last 90 days. 4.20% of the stock is currently owned by insiders.

Twilio Trading Down 0.6 %

Shares of TWLO stock opened at $71.18 on Tuesday. The company has a fifty day moving average price of $72.65 and a two-hundred day moving average price of $64.28. Twilio Inc. has a one year low of $45.02 and a one year high of $79.70. The company has a current ratio of 6.53, a quick ratio of 6.53 and a debt-to-equity ratio of 0.10.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on TWLO. Piper Sandler upgraded Twilio from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $75.00 to $82.00 in a research report on Friday, January 12th. Needham & Company LLC upped their price target on shares of Twilio from $70.00 to $80.00 and gave the stock a “buy” rating in a research report on Wednesday, December 13th. The Goldman Sachs Group raised their price objective on shares of Twilio from $63.00 to $72.00 and gave the company a “neutral” rating in a research report on Tuesday, January 9th. Barclays upped their target price on shares of Twilio from $60.00 to $70.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 24th. Finally, JMP Securities restated a “market outperform” rating and issued a $110.00 price objective on shares of Twilio in a research report on Thursday, November 9th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and ten have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Twilio has a consensus rating of “Hold” and a consensus price target of $71.00.

Read Our Latest Analysis on Twilio

Twilio Company Profile

(Free Report)

Twilio Inc, together with its subsidiaries, provides software and communications solutions in the United States and internationally. The company operates cloud communications platform that enables developers to build, scale, and operate customer engagement within software applications. Its customer engagement platform provides a set of application programming interfaces that enable developers to embed voice, messaging, and email interactions into their customer-facing applications.

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Institutional Ownership by Quarter for Twilio (NYSE:TWLO)

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