Skandinaviska Enskilda Banken AB publ Has $3.29 Million Stock Holdings in Twilio Inc. (NYSE:TWLO)

Skandinaviska Enskilda Banken AB publ decreased its position in Twilio Inc. (NYSE:TWLO) by 5.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,304 shares of the technology company’s stock after selling 1,900 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Twilio were worth $3,288,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. JFS Wealth Advisors LLC raised its holdings in Twilio by 244.0% in the 4th quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company’s stock valued at $41,000 after acquiring an additional 266 shares in the last quarter. Parkside Financial Bank & Trust raised its holdings in Twilio by 79.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company’s stock valued at $41,000 after acquiring an additional 166 shares in the last quarter. Centricity Wealth Management LLC acquired a new position in Twilio in the 4th quarter valued at approximately $44,000. True Wealth Design LLC raised its holdings in Twilio by 5,200.0% in the 3rd quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock valued at $28,000 after acquiring an additional 416 shares in the last quarter. Finally, Private Trust Co. NA raised its holdings in Twilio by 395.6% in the 4th quarter. Private Trust Co. NA now owns 451 shares of the technology company’s stock valued at $49,000 after acquiring an additional 360 shares in the last quarter. Institutional investors and hedge funds own 84.27% of the company’s stock.

Twilio Stock Up 4.2 %

NYSE:TWLO opened at $98.90 on Monday. The stock’s fifty day moving average price is $122.22 and its two-hundred day moving average price is $98.00. Twilio Inc. has a 52-week low of $52.51 and a 52-week high of $151.95. 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 company has a market cap of $15.10 billion, a price-to-earnings ratio of -154.53, a P/E/G ratio of 4.30 and a beta of 1.47.

Twilio (NYSE:TWLO) last posted its quarterly earnings data on Thursday, February 13th. The technology company reported $0.22 earnings per share (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 firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.19 billion. On average, analysts anticipate that Twilio Inc. will post 1.44 EPS for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. JMP Securities reaffirmed a “market outperform” rating and issued a $165.00 price target on shares of Twilio in a report on Friday, February 14th. JPMorgan Chase & Co. upped their price objective on Twilio from $83.00 to $130.00 and gave the company an “overweight” rating in a research note on Friday, January 24th. Oppenheimer upped their price objective on Twilio from $90.00 to $160.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Wells Fargo & Company upped their price objective on Twilio from $140.00 to $155.00 and gave the company an “overweight” rating in a research note on Friday, January 24th. Finally, Barclays upped their price objective on Twilio from $120.00 to $140.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $134.26.

Insiders Place Their Bets

In other news, CEO Khozema Shipchandler sold 10,834 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $113.58, for a total value of $1,230,525.72. Following the transaction, the chief executive officer now owns 244,971 shares of the company’s stock, valued at $27,823,806.18. This represents a 4.24 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Aidan Viggiano sold 6,552 shares of the stock in a transaction on Monday, January 6th. The shares were sold at an average price of $113.55, for a total value of $743,979.60. Following the completion of the transaction, the chief financial officer now directly owns 153,910 shares in the company, valued at approximately $17,476,480.50. This trade represents a 4.08 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 21,277 shares of company stock valued at $2,441,324. 4.50% of the stock is currently owned by corporate insiders.

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.