Valeo Financial Advisors LLC Buys 404 Shares of Twilio Inc (NYSE:TWLO)

Valeo Financial Advisors LLC raised its stake in shares of Twilio Inc (NYSE:TWLO) by 143.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 686 shares of the technology company’s stock after purchasing an additional 404 shares during the period. Valeo Financial Advisors LLC’s holdings in Twilio were worth $75,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the business. Centaurus Financial Inc. boosted its stake in shares of Twilio by 46.1% in the first quarter. Centaurus Financial Inc. now owns 3,209 shares of the technology company’s stock worth $25,000 after acquiring an additional 1,012 shares during the period. Truewealth LLC bought a new position in shares of Twilio in the second quarter worth about $27,000. Massmutual Trust Co. FSB ADV boosted its stake in shares of Twilio by 94.6% in the second quarter. Massmutual Trust Co. FSB ADV now owns 218 shares of the technology company’s stock worth $30,000 after acquiring an additional 106 shares during the period. Banco de Sabadell S.A bought a new position in shares of Twilio in the second quarter worth about $31,000. Finally, Cerebellum GP LLC bought a new position in shares of Twilio in the second quarter worth about $33,000. 74.68% of the stock is owned by institutional investors and hedge funds.

TWLO stock traded down $3.70 during midday trading on Friday, reaching $106.35. 4,509,833 shares of the company traded hands, compared to its average volume of 3,383,632. Twilio Inc has a 52-week low of $62.43 and a 52-week high of $151.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 10.21 and a current ratio of 10.21. The business has a 50 day moving average of $115.03 and a 200-day moving average of $129.76. The firm has a market capitalization of $14.95 billion, a price-to-earnings ratio of -132.94 and a beta of 1.18.

Twilio (NYSE:TWLO) last issued its quarterly earnings data on Wednesday, July 31st. The technology company reported ($0.49) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.31) by ($0.18). Twilio had a negative net margin of 23.07% and a negative return on equity of 7.22%. The company had revenue of $275.00 million for the quarter, compared to analysts’ expectations of $264.43 million. During the same quarter last year, the company earned $0.03 earnings per share. The company’s revenue for the quarter was up 86.1% on a year-over-year basis. Research analysts anticipate that Twilio Inc will post -1.54 earnings per share for the current year.

In other news, General Counsel Karyn Smith sold 937 shares of the stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $117.00, for a total value of $109,629.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Richard L. Dalzell sold 500 shares of the stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of $124.11, for a total value of $62,055.00. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 138,871 shares of company stock worth $17,284,940. Company insiders own 10.85% of the company’s stock.

A number of equities analysts recently commented on the company. Bank of America set a $160.00 price target on Twilio and gave the company a “buy” rating in a research note on Monday, September 30th. Oppenheimer dropped their price target on Twilio from $160.00 to $145.00 and set an “outperform” rating for the company in a research note on Friday, October 11th. KeyCorp increased their price target on Twilio from $156.00 to $158.00 and gave the company an “overweight” rating in a research note on Thursday, August 1st. TheStreet raised Twilio from a “d” rating to a “c” rating in a research note on Monday, June 24th. Finally, ValuEngine lowered Twilio from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Three research analysts have rated the stock with a hold rating and twenty have issued a buy rating to the company. Twilio has a consensus rating of “Buy” and a consensus target price of $146.96.

Twilio Company Profile

Twilio Inc provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications in the United States and internationally. The company's programmable communications cloud provides a set of application programming interfaces that enable developers to embed voice, messaging, and video capabilities into their applications.

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Institutional Ownership by Quarter for Twilio (NYSE:TWLO)

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