Fjarde AP Fonden Fourth Swedish National Pension Fund Decreases Stock Position in Twilio Inc. (NYSE:TWLO)

Fjarde AP Fonden Fourth Swedish National Pension Fund lessened its stake in shares of Twilio Inc. (NYSE:TWLO) by 11.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 35,592 shares of the technology company’s stock after selling 4,400 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Twilio were worth $3,847,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in TWLO. Ritholtz Wealth Management acquired a new stake in shares of Twilio during the 4th quarter worth about $344,000. KBC Group NV boosted its position in Twilio by 67.4% during the third quarter. KBC Group NV now owns 22,705 shares of the technology company’s stock worth $1,481,000 after acquiring an additional 9,140 shares during the last quarter. Bleakley Financial Group LLC purchased a new stake in Twilio in the 4th quarter worth approximately $230,000. Zacks Investment Management acquired a new position in Twilio in the 3rd quarter valued at $3,386,000. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of Twilio by 167.1% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 14,612 shares of the technology company’s stock worth $953,000 after purchasing an additional 9,141 shares during the period. Institutional investors and hedge funds own 84.27% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on TWLO. Oppenheimer upped their target price on Twilio from $90.00 to $160.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Mizuho increased their price objective on shares of Twilio from $140.00 to $150.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Northland Securities raised their target price on shares of Twilio from $66.00 to $86.00 and gave the stock a “market perform” rating in a research report on Thursday, October 31st. Monness Crespi & Hardt upped their price target on shares of Twilio from $135.00 to $152.00 and gave the stock a “buy” rating in a research report on Monday, January 27th. Finally, Needham & Company LLC lifted their price target on shares of Twilio from $91.00 to $165.00 and gave the company a “buy” rating in a report on Tuesday, January 28th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $134.26.

Insider Buying and Selling at Twilio

In other Twilio news, insider Dana Wagner sold 4,629 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $110.00, for a total transaction of $509,190.00. Following the sale, the insider now owns 125,576 shares in the company, valued at $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 available through this link. Also, CFO Aidan Viggiano sold 1,391 shares of Twilio stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $124.51, for a total value of $173,193.41. Following the completion of the transaction, the chief financial officer now owns 152,519 shares of the company’s stock, valued at approximately $18,990,140.69. The trade was a 0.90 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,906 shares of company stock worth $2,950,514 in the last ninety days. 4.50% of the stock is owned by insiders.

Twilio Stock Down 2.2 %

Shares of NYSE TWLO opened at $115.44 on Wednesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06. Twilio Inc. has a 1 year low of $52.51 and a 1 year high of $151.95. The stock’s 50-day simple moving average is $122.33 and its 200-day simple moving average is $93.60. The firm has a market cap of $17.71 billion, a price-to-earnings ratio of -180.38, a PEG ratio of 4.30 and a beta of 1.42.

Twilio (NYSE:TWLO) last announced its earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.19 billion. As a group, equities analysts anticipate that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

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.