Azzad Asset Management Inc. ADV Grows Position in Twilio Inc. $TWLO

Azzad Asset Management Inc. ADV lifted its holdings in shares of Twilio Inc. (NYSE:TWLOFree Report) by 65.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,883 shares of the technology company’s stock after purchasing an additional 6,285 shares during the quarter. Azzad Asset Management Inc. ADV’s holdings in Twilio were worth $1,590,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. CENTRAL TRUST Co bought a new stake in Twilio during the second quarter valued at approximately $25,000. SJS Investment Consulting Inc. raised its position in shares of Twilio by 1,564.7% during the 3rd quarter. SJS Investment Consulting Inc. now owns 283 shares of the technology company’s stock valued at $28,000 after buying an additional 266 shares in the last quarter. First Horizon Corp purchased a new stake in shares of Twilio during the 3rd quarter valued at $28,000. Estabrook Capital Management bought a new stake in shares of Twilio during the 2nd quarter worth $31,000. Finally, Financial Gravity Companies Inc. purchased a new position in Twilio in the second quarter worth $35,000. 84.27% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Twilio news, CEO Khozema Shipchandler sold 13,336 shares of the business’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $134.28, for a total value of $1,790,758.08. Following the completion of the sale, the chief executive officer owned 193,781 shares in the company, valued at approximately $26,020,912.68. The trade was a 6.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Aidan Viggiano sold 8,109 shares of the stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $143.38, for a total value of $1,162,668.42. Following the sale, the chief financial officer directly owned 119,449 shares of the company’s stock, valued at approximately $17,126,597.62. This trade represents a 6.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,043,438 shares of company stock valued at $135,022,770 in the last ninety days. Company insiders own 4.50% of the company’s stock.

Analyst Ratings Changes

TWLO has been the topic of a number of research analyst reports. UBS Group raised their price target on Twilio from $135.00 to $150.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Oppenheimer reiterated an “outperform” rating and set a $170.00 price objective on shares of Twilio in a research report on Monday, January 5th. Wells Fargo & Company raised their price objective on Twilio from $130.00 to $147.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Wall Street Zen downgraded Twilio from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 11th. Finally, Citizens Jmp increased their price target on shares of Twilio from $165.00 to $185.00 and gave the company a “market outperform” rating in a research report on Tuesday, December 30th. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $146.44.

View Our Latest Research Report on TWLO

Twilio Trading Up 5.6%

NYSE TWLO opened at $115.12 on Monday. Twilio Inc. has a 1-year low of $77.51 and a 1-year high of $148.31. The company has a current ratio of 4.68, a quick ratio of 4.68 and a debt-to-equity ratio of 0.13. The stock has a 50-day moving average of $130.79 and a 200-day moving average of $119.41. The firm has a market cap of $17.66 billion, a PE ratio of 280.78, a price-to-earnings-growth ratio of 2.25 and a beta of 1.32.

Twilio Company Profile

(Free Report)

Twilio Inc (NYSE: TWLO) is a cloud communications platform-as-a-service (CPaaS) company that enables developers and enterprises to embed communications into web and mobile applications. Its core offering is a suite of programmable APIs that handle messaging (SMS, MMS, and chat), voice calling, video, and user authentication. Twilio’s platform is designed to help businesses build customer engagement and communication workflows without managing telecommunications infrastructure directly.

The company’s product portfolio includes programmable voice and messaging APIs, Twilio Video for real‑time video applications, and Twilio Authy for multi‑factor authentication.

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Institutional Ownership by Quarter for Twilio (NYSE:TWLO)

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