New York State Teachers Retirement System Has $1.05 Million Stock Holdings in Twilio Inc. (NYSE:TWLO)

New York State Teachers Retirement System boosted its holdings in shares of Twilio Inc. (NYSE:TWLO) by 44.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,017 shares of the technology company’s stock after buying an additional 4,916 shares during the period. New York State Teachers Retirement System’s holdings in Twilio were worth $1,045,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Twilio by 0.8% in the first quarter. Vanguard Group Inc. now owns 17,950,364 shares of the technology company’s stock valued at $1,097,665,000 after acquiring an additional 140,791 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in Twilio by 167.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 14,612 shares of the technology company’s stock worth $953,000 after purchasing an additional 9,141 shares during the last quarter. Susquehanna Fundamental Investments LLC boosted its position in Twilio by 78.2% in the second quarter. Susquehanna Fundamental Investments LLC now owns 71,134 shares of the technology company’s stock worth $4,041,000 after purchasing an additional 31,227 shares during the last quarter. State Board of Administration of Florida Retirement System grew its stake in Twilio by 9.3% in the 1st quarter. State Board of Administration of Florida Retirement System now owns 210,886 shares of the technology company’s stock valued at $14,051,000 after purchasing an additional 17,856 shares during the period. Finally, Farmers Trust Co. increased its position in shares of Twilio by 58.1% during the 3rd quarter. Farmers Trust Co. now owns 57,143 shares of the technology company’s stock valued at $3,727,000 after purchasing an additional 21,001 shares during the last quarter. Institutional investors and hedge funds own 84.27% of the company’s stock.

Insider Buying and Selling at Twilio

In other news, insider Dana Wagner sold 1,989 shares of the company’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $60.69, for a total value of $120,712.41. Following the transaction, the insider now owns 157,328 shares of the company’s stock, valued at approximately $9,548,236.32. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, insider Dana Wagner sold 1,989 shares of the business’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $60.69, for a total transaction of $120,712.41. Following the completion of the transaction, the insider now owns 157,328 shares of the company’s stock, valued at approximately $9,548,236.32. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Aidan Viggiano sold 1,961 shares of the firm’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of $60.69, for a total transaction of $119,013.09. Following the completion of the sale, the chief financial officer now directly owns 186,501 shares in the company, valued at $11,318,745.69. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 56,418 shares of company stock valued at $3,749,556 in the last three months. Company insiders own 4.50% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on TWLO shares. Piper Sandler boosted their price target on shares of Twilio from $83.00 to $94.00 and gave the stock an “overweight” rating in a report on Thursday, October 31st. Robert W. Baird boosted their target price on shares of Twilio from $65.00 to $80.00 and gave the company a “neutral” rating in a research note on Friday, November 1st. Barclays raised their price target on shares of Twilio from $65.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Friday, November 1st. StockNews.com upgraded Twilio from a “hold” rating to a “buy” rating in a research note on Friday, September 13th. Finally, Needham & Company LLC raised their target price on Twilio from $71.00 to $91.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $79.55.

Twilio Price Performance

Shares of NYSE:TWLO opened at $92.29 on Friday. The company has a 50 day moving average of $68.65 and a 200 day moving average of $62.22. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12. The stock has a market cap of $14.16 billion, a P/E ratio of -35.91, a P/E/G ratio of 2.61 and a beta of 1.32. Twilio Inc. has a 12 month low of $52.51 and a 12 month high of $92.53.

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.