Freestone Capital Holdings LLC Has $423,000 Stock Position in Twilio Inc. (NYSE:TWLO)

Freestone Capital Holdings LLC raised its holdings in shares of Twilio Inc. (NYSE:TWLO) by 3.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 3,918 shares of the technology company’s stock after acquiring an additional 124 shares during the quarter. Freestone Capital Holdings LLC’s holdings in Twilio were worth $423,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Pacer Advisors Inc. grew its stake in shares of Twilio by 18.3% during the third quarter. Pacer Advisors Inc. now owns 2,867,623 shares of the technology company’s stock worth $187,026,000 after purchasing an additional 444,295 shares during the period. Los Angeles Capital Management LLC boosted its holdings in Twilio by 1,267.3% during the fourth quarter. Los Angeles Capital Management LLC now owns 454,435 shares of the technology company’s stock worth $49,115,000 after buying an additional 421,199 shares during the last quarter. KBC Group NV grew its position in shares of Twilio by 1,138.4% during the 4th quarter. KBC Group NV now owns 281,174 shares of the technology company’s stock worth $30,389,000 after buying an additional 258,469 shares during the period. Raymond James Financial Inc. bought a new stake in shares of Twilio in the 4th quarter valued at about $25,778,000. Finally, Franklin Resources Inc. raised its position in shares of Twilio by 2,412.9% in the 3rd quarter. Franklin Resources Inc. now owns 202,010 shares of the technology company’s stock valued at $14,341,000 after acquiring an additional 193,971 shares during the period. Institutional investors own 84.27% of the company’s stock.

Insiders Place Their Bets

In related news, CFO Aidan Viggiano sold 2,500 shares of the firm’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $117.45, for a total value of $293,625.00. Following the completion of the transaction, the chief financial officer now directly owns 184,164 shares of the company’s stock, valued at approximately $21,630,061.80. This trade represents a 1.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Khozema Shipchandler sold 10,834 shares of the business’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $113.58, for a total transaction of $1,230,525.72. Following the transaction, the chief executive officer now owns 244,971 shares in the company, valued at approximately $27,823,806.18. The trade was a 4.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 21,277 shares of company stock valued at $2,441,324 in the last 90 days. 4.50% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

TWLO has been the subject of a number of analyst reports. Jefferies Financial Group boosted their price objective on shares of Twilio from $105.00 to $145.00 and gave the company a “hold” rating in a report on Friday, February 14th. Barclays lifted their price target on shares of Twilio from $120.00 to $140.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Mizuho upped their price objective on shares of Twilio from $140.00 to $150.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Monness Crespi & Hardt lifted their target price on Twilio from $135.00 to $152.00 and gave the stock a “buy” rating in a report on Monday, January 27th. Finally, Scotiabank boosted their target price on Twilio from $90.00 to $160.00 and gave the company a “sector outperform” rating in a research note on Friday, January 24th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $134.26.

Twilio Stock Down 2.5 %

Twilio stock opened at $106.08 on Friday. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12. Twilio Inc. has a 1-year low of $52.51 and a 1-year high of $151.95. The company has a fifty day simple moving average of $123.26 and a 200 day simple moving average of $96.15. The company has a market cap of $16.27 billion, a P/E ratio of -165.75, a price-to-earnings-growth ratio of 4.30 and a beta of 1.47.

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 the consensus estimate 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 company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.19 billion. Research analysts anticipate that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

Twilio Company 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.