Kera Capital Partners Inc. Takes $247,000 Position in Twilio Inc. (NYSE:TWLO)

Kera Capital Partners Inc. bought a new stake in shares of Twilio Inc. (NYSE:TWLO) in the 4th quarter, Holdings Channel.com reports. The firm bought 2,289 shares of the technology company’s stock, valued at approximately $247,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TWLO. True Wealth Design LLC grew its stake in shares of Twilio by 5,200.0% in the 3rd 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 last quarter. Brooklyn Investment Group bought a new stake in Twilio during the third quarter worth approximately $46,000. Venturi Wealth Management LLC grew its position in Twilio by 205.4% in 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 increased its holdings in shares of 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 in the last quarter. Finally, Planning Capital Management Corp bought a new stake in shares of Twilio during the 3rd quarter worth $53,000. 84.27% of the stock is currently owned by institutional investors.

Insider Transactions at Twilio

In other Twilio news, CFO Aidan Viggiano sold 6,552 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $113.55, for a total transaction of $743,979.60. Following the completion of the sale, the chief financial officer now owns 153,910 shares of the company’s stock, valued at $17,476,480.50. This represents a 4.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Dana Wagner sold 4,512 shares of the stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $80.00, for a total value of $360,960.00. Following the transaction, the insider now owns 142,291 shares in the company, valued at approximately $11,383,280. This trade represents a 3.07 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 26,527 shares of company stock worth $2,844,655 in the last 90 days. 4.50% of the stock is owned by insiders.

Twilio Trading Down 2.3 %

Shares of NYSE TWLO opened at $111.98 on Friday. The business has a 50 day simple moving average of $107.13 and a 200 day simple moving average of $79.27. Twilio Inc. has a 52 week low of $52.51 and a 52 week high of $117.92. The stock has a market cap of $17.18 billion, a price-to-earnings ratio of -43.57, a PEG ratio of 2.13 and a beta of 1.38. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on TWLO shares. JMP Securities reaffirmed a “market outperform” rating and set a $110.00 target price on shares of Twilio in a research report on Tuesday, October 8th. Barclays boosted their price objective on Twilio from $65.00 to $80.00 and gave the stock an “equal weight” rating in a report on Friday, November 1st. 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 report on Thursday, October 31st. Oppenheimer boosted their price target on shares of Twilio from $85.00 to $90.00 and gave the company an “outperform” rating in a report on Thursday, October 31st. Finally, Tigress Financial upped their price target on shares of Twilio from $85.00 to $135.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $93.74.

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.