2,397 Shares in Twilio Inc. (NYSE:TWLO) Purchased by SYM FINANCIAL Corp

SYM FINANCIAL Corp acquired a new stake in Twilio Inc. (NYSE:TWLO) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 2,397 shares of the technology company’s stock, valued at approximately $259,000.

Other large investors also recently modified their holdings of the company. True Wealth Design LLC increased its position in Twilio by 5,200.0% in the third quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock worth $28,000 after purchasing an additional 416 shares during the period. Brooklyn Investment Group bought a new stake in shares of Twilio during the third quarter worth approximately $46,000. Venturi Wealth Management LLC raised its stake in shares of Twilio by 205.4% during the third quarter. Venturi Wealth Management LLC now owns 733 shares of the technology company’s stock worth $48,000 after buying an additional 493 shares during the last quarter. Huntington National Bank lifted its holdings in Twilio by 214.5% in the third quarter. Huntington National Bank now owns 780 shares of the technology company’s stock valued at $51,000 after buying an additional 532 shares during the period. Finally, Planning Capital Management Corp bought a new position in Twilio in the third quarter valued at approximately $53,000. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Twilio Stock Performance

Shares of Twilio stock opened at $146.58 on Monday. Twilio Inc. has a 1-year low of $52.51 and a 1-year high of $151.95. 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 50 day moving average of $113.79 and a 200-day moving average of $84.46. The company has a market cap of $22.48 billion, a PE ratio of -57.03, a price-to-earnings-growth ratio of 3.57 and a beta of 1.38.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on TWLO shares. Royal Bank of Canada reissued an “underperform” rating and issued a $50.00 price target on shares of Twilio in a research note on Tuesday, January 21st. UBS Group boosted their price objective on Twilio from $140.00 to $145.00 and gave the company a “buy” rating in a research report on Friday, January 24th. Scotiabank raised their target price on shares of Twilio from $90.00 to $160.00 and gave the stock a “sector outperform” rating in a report on Friday, January 24th. Jefferies Financial Group upped their price target on shares of Twilio from $60.00 to $85.00 and gave the company a “hold” rating in a report on Thursday, October 31st. Finally, Wells Fargo & Company increased their price objective on shares of Twilio from $140.00 to $155.00 and gave the stock an “overweight” rating in a research report on Friday, January 24th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Twilio currently has an average rating of “Moderate Buy” and a consensus target price of $119.25.

Insiders Place Their Bets

In other news, insider Dana Wagner sold 4,629 shares of the company’s stock in a transaction that occurred 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 owns 125,576 shares in the company, valued at approximately $13,813,360. This represents a 3.56 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Aidan Viggiano sold 6,552 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $113.55, for a total transaction of $743,979.60. Following the sale, the chief financial officer now directly owns 153,910 shares of the company’s stock, valued at $17,476,480.50. This trade represents a 4.08 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 22,015 shares of company stock worth $2,483,695. 4.50% of the stock is owned by corporate insiders.

Twilio 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.