Greenwood Capital Associates LLC Has $483,000 Stock Position in Twilio Inc. (NYSE:TWLO)

Greenwood Capital Associates LLC lowered its holdings in shares of Twilio Inc. (NYSE:TWLO) by 3.8% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 7,403 shares of the technology company’s stock after selling 296 shares during the period. Greenwood Capital Associates LLC’s holdings in Twilio were worth $483,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Tidal Investments LLC raised its position in Twilio by 2.3% during the 1st quarter. Tidal Investments LLC now owns 7,295 shares of the technology company’s stock worth $446,000 after purchasing an additional 166 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. lifted its stake in shares of Twilio by 3.6% in the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 5,806 shares of the technology company’s stock worth $355,000 after acquiring an additional 201 shares during the period. Arizona State Retirement System lifted its stake in shares of Twilio by 0.4% in the second quarter. Arizona State Retirement System now owns 47,511 shares of the technology company’s stock worth $2,699,000 after acquiring an additional 205 shares during the period. US Bancorp DE boosted its holdings in Twilio by 4.7% in the third quarter. US Bancorp DE now owns 4,787 shares of the technology company’s stock valued at $312,000 after acquiring an additional 217 shares during the last quarter. Finally, Royal London Asset Management Ltd. increased its position in Twilio by 0.4% during the 2nd quarter. Royal London Asset Management Ltd. now owns 60,074 shares of the technology company’s stock valued at $3,413,000 after purchasing an additional 220 shares during the period. Institutional investors own 84.27% of the company’s stock.

Twilio Trading Up 1.4 %

NYSE TWLO opened at $88.69 on Wednesday. The company has a fifty day moving average price of $66.87 and a 200-day moving average price of $61.57. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12. Twilio Inc. has a 1 year low of $52.45 and a 1 year high of $89.22.

Insider Buying and Selling

In other Twilio news, insider Dana Wagner sold 4,512 shares of Twilio stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $80.00, for a total transaction of $360,960.00. Following the transaction, the insider now owns 142,291 shares of the company’s stock, valued at $11,383,280. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, insider Dana Wagner sold 4,512 shares of the firm’s stock in a transaction on Thursday, October 31st. The stock was sold at an average price of $80.00, for a total transaction of $360,960.00. Following the completion of the sale, the insider now directly owns 142,291 shares of the company’s stock, valued at $11,383,280. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Khozema Shipchandler sold 11,073 shares of the business’s stock in a transaction dated Monday, September 30th. The stock was sold at an average price of $65.03, for a total transaction of $720,077.19. Following the completion of the transaction, the chief executive officer now directly owns 278,134 shares in the company, valued at $18,087,054.02. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 56,418 shares of company stock worth $3,749,556. 4.50% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. Robert W. Baird upped their price objective on shares of Twilio from $65.00 to $80.00 and gave the company a “neutral” rating in a research note on Friday, November 1st. Mizuho increased their price target on Twilio from $60.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, October 31st. Northland Securities lifted their price objective on shares of Twilio from $66.00 to $86.00 and gave the company a “market perform” rating in a research note on Thursday, October 31st. UBS Group increased their target price on shares of Twilio from $74.00 to $88.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st. Finally, StockNews.com raised shares of Twilio from a “hold” rating to a “buy” rating in a research note on Friday, September 13th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $79.55.

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.