Northwest & Ethical Investments L.P. Takes $197,000 Position in Twilio Inc. (NYSE:TWLO)

Northwest & Ethical Investments L.P. bought a new stake in Twilio Inc. (NYSE:TWLO) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,825 shares of the technology company’s stock, valued at approximately $197,000.

Other large investors also recently bought and sold shares of the company. Teacher Retirement System of Texas increased its stake in Twilio by 6.6% during the fourth quarter. Teacher Retirement System of Texas now owns 227,542 shares of the technology company’s stock worth $24,593,000 after acquiring an additional 14,109 shares during the last quarter. Royal London Asset Management Ltd. boosted its holdings in shares of Twilio by 6.7% in the 4th quarter. Royal London Asset Management Ltd. now owns 71,598 shares of the technology company’s stock worth $7,738,000 after purchasing an additional 4,471 shares during the period. Harvest Fund Management Co. Ltd bought a new position in shares of Twilio during the 4th quarter valued at approximately $1,992,000. Vinva Investment Management Ltd raised its holdings in Twilio by 26.5% during the 4th quarter. Vinva Investment Management Ltd now owns 177,055 shares of the technology company’s stock valued at $19,585,000 after buying an additional 37,126 shares during the period. Finally, OVERSEA CHINESE BANKING Corp Ltd bought a new stake in Twilio in the fourth quarter worth $340,000. Institutional investors own 84.27% of the company’s stock.

Twilio Trading Up 1.6 %

Shares of NYSE:TWLO opened at $103.44 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. The company has a market capitalization of $15.79 billion, a PE ratio of -161.62, a P/E/G ratio of 4.30 and a beta of 1.47. Twilio Inc. has a 12-month low of $52.51 and a 12-month high of $151.95. The business’s fifty day simple moving average is $121.32 and its 200-day simple moving average is $99.13.

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

Insider Buying and Selling at Twilio

In other Twilio news, CFO Aidan Viggiano sold 6,552 shares of the stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $113.55, for a total value of $743,979.60. Following the completion of the sale, the chief financial officer now directly owns 153,910 shares in the company, valued at approximately $17,476,480.50. This trade represents a 4.08 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, 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 sale, the chief executive officer now owns 244,971 shares in the company, valued at $27,823,806.18. The trade was a 4.24 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 21,277 shares of company stock worth $2,441,324 over the last three months. Corporate insiders own 4.50% of the company’s stock.

Analysts Set New Price Targets

TWLO has been the topic of several recent analyst reports. Jefferies Financial Group increased their target price on shares of Twilio from $105.00 to $145.00 and gave the company a “hold” rating in a research note on Friday, February 14th. Stifel Nicolaus increased their price objective on shares of Twilio from $130.00 to $135.00 and gave the stock a “hold” rating in a research report on Friday, February 14th. The Goldman Sachs Group upgraded Twilio from a “neutral” rating to a “buy” rating and boosted their target price for the company from $77.00 to $185.00 in a research report on Monday, January 27th. StockNews.com upgraded Twilio from a “hold” rating to a “buy” rating in a report on Friday, March 14th. Finally, Scotiabank boosted their price objective on Twilio from $90.00 to $160.00 and gave the company a “sector outperform” rating in a report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Twilio presently has a consensus rating of “Moderate Buy” and an average price target of $135.35.

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.