Twilio Inc. $TWLO Stock Position Increased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. grew its position in Twilio Inc. (NYSE:TWLO) by 54.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 90,517 shares of the technology company’s stock after purchasing an additional 31,938 shares during the period. Mirae Asset Global Investments Co. Ltd. owned approximately 0.06% of Twilio worth $9,060,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. GFG Capital LLC acquired a new position in shares of Twilio during the second quarter worth approximately $25,000. CENTRAL TRUST Co bought a new stake in Twilio during the 2nd quarter valued at $25,000. Hilltop National Bank acquired a new position in Twilio during the 2nd quarter worth $26,000. SJS Investment Consulting Inc. grew its stake in shares of Twilio by 1,564.7% in the third quarter. SJS Investment Consulting Inc. now owns 283 shares of the technology company’s stock worth $28,000 after purchasing an additional 266 shares in the last quarter. Finally, First Horizon Corp bought a new position in shares of Twilio in the third quarter worth $28,000. Institutional investors and hedge funds own 84.27% of the company’s stock.

Insider Activity at Twilio

In other Twilio news, Director Andrew Stafman sold 1,000,000 shares of the firm’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $129.00, for a total value of $129,000,000.00. Following the completion of the transaction, the director directly owned 2,295,000 shares in the company, valued at $296,055,000. This trade represents a 30.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Khozema Shipchandler sold 13,336 shares of Twilio stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $134.28, for a total transaction of $1,790,758.08. Following the completion of the transaction, the chief executive officer directly owned 193,781 shares in the company, valued at approximately $26,020,912.68. This trade represents a 6.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,043,438 shares of company stock worth $135,022,770 in the last quarter. 0.21% of the stock is owned by company insiders.

Twilio Trading Down 2.9%

Twilio stock opened at $120.17 on Friday. The firm has a market cap of $18.44 billion, a price-to-earnings ratio of 293.10, a price-to-earnings-growth ratio of 2.42 and a beta of 1.30. Twilio Inc. has a 1 year low of $77.51 and a 1 year high of $151.95. The firm’s 50 day moving average price is $132.23 and its two-hundred day moving average price is $120.04. The company has a debt-to-equity ratio of 0.13, a quick ratio of 4.68 and a current ratio of 4.68.

Twilio (NYSE:TWLO) last announced its quarterly earnings data on Thursday, October 30th. The technology company reported $1.25 EPS for the quarter, beating analysts’ consensus estimates of $1.07 by $0.18. The company had revenue of $1.30 billion during the quarter, compared to the consensus estimate of $1.25 billion. Twilio had a return on equity of 3.36% and a net margin of 1.37%.The company’s quarterly revenue was up 14.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.02 EPS. On average, research analysts predict that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. Citizens Jmp lifted their price objective on shares of Twilio from $165.00 to $185.00 and gave the company a “market outperform” rating in a research note on Tuesday, December 30th. FBN Securities upgraded shares of Twilio to a “strong-buy” rating in a research report on Wednesday, November 12th. Royal Bank Of Canada increased their price objective on shares of Twilio from $75.00 to $100.00 and gave the company an “underperform” rating in a report on Monday, January 5th. Needham & Company LLC raised their price objective on shares of Twilio from $125.00 to $145.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Finally, Piper Sandler restated a “neutral” rating and issued a $148.00 target price (up from $145.00) on shares of Twilio in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Twilio has an average rating of “Moderate Buy” and a consensus price target of $146.44.

Twilio Profile

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.