Twilio Inc. (NYSE:TWLO) Stock Holdings Lifted by APG Asset Management N.V.

APG Asset Management N.V. raised its position in shares of Twilio Inc. (NYSE:TWLO) by 1,342.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 95,775 shares of the technology company’s stock after purchasing an additional 89,134 shares during the period. APG Asset Management N.V.’s holdings in Twilio were worth $9,996,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in TWLO. Stifel Financial Corp lifted its stake in Twilio by 176.8% in the third quarter. Stifel Financial Corp now owns 21,833 shares of the technology company’s stock valued at $1,424,000 after acquiring an additional 13,946 shares during the last quarter. Kovitz Investment Group Partners LLC bought a new stake in Twilio in the third quarter worth $759,000. MML Investors Services LLC boosted its holdings in Twilio by 33.1% in the third quarter. MML Investors Services LLC now owns 7,768 shares of the technology company’s stock worth $507,000 after purchasing an additional 1,930 shares in the last quarter. Nomura Asset Management Co. Ltd. increased its position in Twilio by 10.1% during the third quarter. Nomura Asset Management Co. Ltd. now owns 49,590 shares of the technology company’s stock worth $3,234,000 after buying an additional 4,568 shares during the last quarter. Finally, M&T Bank Corp raised its holdings in Twilio by 16.3% during the third quarter. M&T Bank Corp now owns 8,642 shares of the technology company’s stock valued at $563,000 after buying an additional 1,211 shares in the last quarter. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Twilio Stock Down 7.1 %

Shares of TWLO opened at $85.44 on Friday. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12. The company has a 50-day moving average price of $111.02 and a two-hundred day moving average price of $102.57. The stock has a market cap of $13.04 billion, a price-to-earnings ratio of -133.50, a P/E/G ratio of 4.30 and a beta of 1.50. Twilio Inc. has a 12 month low of $52.51 and a 12 month high of $151.95.

Twilio (NYSE:TWLO) last posted its earnings results on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing the consensus estimate 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 company had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.19 billion. Equities analysts predict that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have recently issued reports on TWLO shares. Mizuho upped their price target on Twilio from $140.00 to $150.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. StockNews.com downgraded Twilio from a “buy” rating to a “hold” rating in a report on Friday. Baird R W upgraded shares of Twilio from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 24th. Tigress Financial raised their target price on shares of Twilio from $135.00 to $170.00 and gave the company a “buy” rating in a research note on Tuesday, February 25th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Twilio from $83.00 to $130.00 and gave the stock an “overweight” rating in a research report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, Twilio has a consensus rating of “Moderate Buy” and an average price target of $135.35.

Insider Activity

In other Twilio news, CFO Aidan Viggiano sold 1,391 shares of the business’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $124.51, for a total value of $173,193.41. Following the transaction, the chief financial officer now directly owns 152,519 shares in the company, valued at $18,990,140.69. The trade was a 0.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Khozema Shipchandler sold 12,056 shares of the firm’s stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $95.88, for a total transaction of $1,155,929.28. Following the sale, the chief executive officer now directly owns 295,134 shares of the company’s stock, valued at approximately $28,297,447.92. The trade was a 3.92 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 23,471 shares of company stock worth $2,344,149. Corporate insiders own 4.50% of the company’s stock.

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.