Ausdal Financial Partners Inc. Has $505,000 Stock Position in Twilio Inc. (NYSE:TWLO)

Ausdal Financial Partners Inc. raised its holdings in Twilio Inc. (NYSE:TWLO) by 35.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,673 shares of the technology company’s stock after buying an additional 1,234 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in Twilio were worth $505,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Ritholtz Wealth Management acquired a new stake in shares of Twilio in the 4th quarter valued at about $344,000. Bleakley Financial Group LLC bought a new position in Twilio in the fourth quarter worth approximately $230,000. Zacks Investment Management acquired a new stake in Twilio in the third quarter valued at approximately $3,386,000. Aigen Investment Management LP increased its holdings in shares of Twilio by 81.6% during the fourth quarter. Aigen Investment Management LP now owns 11,546 shares of the technology company’s stock valued at $1,248,000 after acquiring an additional 5,188 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its position in shares of Twilio by 151.7% during the third quarter. The Manufacturers Life Insurance Company now owns 43,237 shares of the technology company’s stock worth $2,820,000 after purchasing an additional 26,062 shares during the period. 84.27% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CFO Aidan Viggiano sold 2,500 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $117.45, for a total value of $293,625.00. Following the sale, the chief financial officer now directly owns 184,164 shares of the company’s stock, valued at approximately $21,630,061.80. This represents a 1.34 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Khozema Shipchandler sold 10,834 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $113.58, for a total transaction of $1,230,525.72. Following the transaction, the chief executive officer now directly owns 244,971 shares of the company’s stock, valued at approximately $27,823,806.18. This represents a 4.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,277 shares of company stock worth $2,441,324 over the last 90 days. Corporate insiders own 4.50% of the company’s stock.

Twilio Trading Down 2.3 %

Shares of TWLO opened at $101.80 on Friday. Twilio Inc. has a fifty-two week low of $52.51 and a fifty-two week high of $151.95. The business has a 50-day moving average of $120.82 and a 200 day moving average of $100.09. The firm has a market cap of $15.54 billion, a P/E ratio of -159.06, a price-to-earnings-growth ratio of 4.30 and a beta of 1.47. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06.

Twilio (NYSE:TWLO) last posted its earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.99 by ($0.77). The business had revenue of $1.19 billion during the quarter, compared to analysts’ expectations of $1.19 billion. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. As a group, research analysts forecast that Twilio Inc. will post 1.44 EPS for the current year.

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. Wells Fargo & Company lifted their price target on shares of Twilio from $140.00 to $155.00 and gave the company an “overweight” rating in a research report on Friday, January 24th. JMP Securities reissued a “market outperform” rating and set a $165.00 target price on shares of Twilio in a research report on Friday, February 14th. Jefferies Financial Group raised their price target on shares of Twilio from $105.00 to $145.00 and gave the company a “hold” rating in a research report on Friday, February 14th. Baird R W raised Twilio from a “hold” rating to a “strong-buy” rating in a report on Friday, January 24th. Finally, Tigress Financial raised their target price on Twilio from $135.00 to $170.00 and gave the company a “buy” rating in a report on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $135.35.

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.