Moloney Securities Asset Management LLC Invests $860,000 in Twilio Inc. (NYSE:TWLO)

Moloney Securities Asset Management LLC acquired a new stake in shares of Twilio Inc. (NYSE:TWLO) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 7,955 shares of the technology company’s stock, valued at approximately $860,000.

A number of other hedge funds also recently bought and sold shares of the company. Kingsview Wealth Management LLC purchased a new position in shares of Twilio during the fourth quarter worth approximately $283,000. Apollon Wealth Management LLC bought a new position in shares of Twilio during the 4th quarter valued at $290,000. Tandem Financial LLC purchased a new position in Twilio in the 4th quarter worth $119,000. Hedeker Wealth LLC bought a new stake in Twilio in the fourth quarter worth $1,606,000. Finally, GHP Investment Advisors Inc. boosted its position in Twilio by 10.4% during the fourth quarter. GHP Investment Advisors Inc. now owns 1,107 shares of the technology company’s stock valued at $120,000 after buying an additional 104 shares during the period. Institutional investors own 84.27% of the company’s stock.

Insiders Place Their Bets

In other Twilio news, CEO Khozema Shipchandler sold 10,834 shares of Twilio stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $113.58, for a total value of $1,230,525.72. Following the completion of the transaction, the chief executive officer now directly owns 244,971 shares of the company’s stock, valued at approximately $27,823,806.18. The trade was a 4.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Dana Wagner sold 4,629 shares of the firm’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 transaction of $509,190.00. Following the sale, the insider now directly owns 125,576 shares of the company’s stock, valued at $13,813,360. This trade represents a 3.56 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 22,015 shares of company stock valued at $2,483,695. 4.50% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

TWLO has been the subject of a number of recent research reports. Jefferies Financial Group boosted their target price on Twilio from $60.00 to $85.00 and gave the company a “hold” rating in a research note on Thursday, October 31st. William Blair reiterated an “outperform” rating on shares of Twilio in a research report on Friday, January 24th. The Goldman Sachs Group upgraded shares of Twilio from a “neutral” rating to a “buy” rating and raised their target price for the stock from $77.00 to $185.00 in a report on Monday, January 27th. Morgan Stanley increased their price target on shares of Twilio from $115.00 to $118.00 and gave the company an “equal weight” rating in a research report on Friday, January 17th. Finally, Stifel Nicolaus boosted their price objective on shares of Twilio from $110.00 to $130.00 and gave the company a “hold” rating in a research report on Friday, January 24th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $119.25.

Twilio Price Performance

TWLO stock opened at $145.59 on Monday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06. The firm has a market capitalization of $22.33 billion, a price-to-earnings ratio of -56.65, a PEG ratio of 3.60 and a beta of 1.43. The firm has a 50 day moving average price of $118.03 and a 200-day moving average price of $87.53. Twilio Inc. has a 52-week low of $52.51 and a 52-week high of $151.95.

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.