John G Ullman & Associates Inc. Invests $1.98 Million in Twilio Inc. $TWLO

John G Ullman & Associates Inc. acquired a new stake in Twilio Inc. (NYSE:TWLO) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 19,741 shares of the technology company’s stock, valued at approximately $1,976,000.

Other large investors have also bought and sold shares of the company. Norges Bank acquired a new position in shares of Twilio in the second quarter valued at approximately $228,877,000. Nordea Investment Management AB lifted its position in Twilio by 4,231.2% in the 2nd quarter. Nordea Investment Management AB now owns 1,123,638 shares of the technology company’s stock valued at $139,736,000 after acquiring an additional 1,097,695 shares in the last quarter. Voya Investment Management LLC lifted its position in Twilio by 752.5% in the 3rd quarter. Voya Investment Management LLC now owns 755,015 shares of the technology company’s stock valued at $75,569,000 after acquiring an additional 666,448 shares in the last quarter. Atreides Management LP boosted its stake in Twilio by 533.1% in the 2nd quarter. Atreides Management LP now owns 730,300 shares of the technology company’s stock worth $90,820,000 after purchasing an additional 614,943 shares during the period. Finally, Neuberger Berman Group LLC increased its holdings in Twilio by 17,371.0% during the 2nd quarter. Neuberger Berman Group LLC now owns 547,192 shares of the technology company’s stock worth $68,049,000 after purchasing an additional 544,060 shares in the last quarter. 84.27% of the stock is owned by institutional investors.

Twilio Trading Down 2.7%

NYSE TWLO opened at $108.83 on Friday. The company has a market cap of $16.70 billion, a PE ratio of 265.44, a PEG ratio of 2.18 and a beta of 1.32. The company has a current ratio of 4.68, a quick ratio of 4.68 and a debt-to-equity ratio of 0.13. Twilio Inc. has a 12 month low of $77.51 and a 12 month high of $149.19. The stock has a 50 day moving average of $131.07 and a 200-day moving average of $119.69.

Insider Buying and Selling at Twilio

In related 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 sale, the director directly owned 2,295,000 shares in the company, valued at approximately $296,055,000. This trade represents a 30.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Aidan Viggiano sold 7,213 shares of Twilio stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $135.97, for a total value of $980,751.61. Following the transaction, the chief financial officer owned 112,236 shares of the company’s stock, valued at $15,260,728.92. The trade was a 6.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,043,438 shares of company stock worth $135,022,770 over the last quarter. 0.21% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently commented on TWLO shares. JPMorgan Chase & Co. boosted their price target on Twilio from $140.00 to $145.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Morgan Stanley boosted their target price on Twilio from $154.00 to $169.00 and gave the company an “overweight” rating in a research note on Thursday, January 15th. UBS Group raised their price target on shares of Twilio from $135.00 to $150.00 and gave the stock a “buy” rating in a research note on Friday, October 31st. FBN Securities upgraded shares of Twilio to a “strong-buy” rating in a report on Wednesday, November 12th. Finally, Monness Crespi & Hardt increased their target price on shares of Twilio from $165.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $146.44.

Twilio Company 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.