Twilio Inc. (NYSE:TWLO) Shares Bought by Boston Partners

Boston Partners raised its position in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 16.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 163,474 shares of the technology company's stock after buying an additional 22,655 shares during the period. Boston Partners owned about 0.11% of Twilio worth $17,673,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also modified their holdings of TWLO. Victory Capital Management Inc. boosted its stake in shares of Twilio by 41.8% in the third quarter. Victory Capital Management Inc. now owns 38,903 shares of the technology company's stock valued at $2,537,000 after purchasing an additional 11,472 shares during the period. CIBC Asset Management Inc lifted its holdings in Twilio by 5.3% during the 3rd quarter. CIBC Asset Management Inc now owns 6,421 shares of the technology company's stock worth $419,000 after buying an additional 325 shares in the last quarter. Thrivent Financial for Lutherans purchased a new position in Twilio in the 3rd quarter valued at approximately $253,000. Caprock Group LLC grew its stake in shares of Twilio by 152.2% in the third quarter. Caprock Group LLC now owns 11,038 shares of the technology company's stock worth $720,000 after acquiring an additional 6,661 shares in the last quarter. Finally, Banque Cantonale Vaudoise purchased a new stake in shares of Twilio during the third quarter worth $280,000. 84.27% of the stock is owned by institutional investors and hedge funds.

Twilio Price Performance

Shares of NYSE TWLO traded down $0.31 during trading on Tuesday, hitting $105.96. 1,677,123 shares of the company were exchanged, compared to its average volume of 2,623,438. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.06 and a quick ratio of 5.06. Twilio Inc. has a 1 year low of $52.51 and a 1 year high of $151.95. The company has a market cap of $16.17 billion, a price-to-earnings ratio of -165.56, a PEG ratio of 4.30 and a beta of 1.47. The firm's fifty day moving average price is $121.29 and its 200 day moving average price is $99.71.

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Twilio (NYSE:TWLO - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing analysts' consensus estimates of $0.99 by ($0.77). Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. The company had revenue of $1.19 billion for the quarter, compared to analysts' expectations of $1.19 billion. On average, sell-side analysts expect that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

Insider Activity at Twilio

In related news, CEO Khozema Shipchandler sold 10,834 shares of the stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $113.58, for a total value of $1,230,525.72. Following the sale, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Aidan Viggiano sold 6,552 shares of Twilio stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $113.55, for a total transaction of $743,979.60. Following the transaction, the chief financial officer now owns 153,910 shares of the company's stock, valued at approximately $17,476,480.50. The trade was a 4.08 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 21,277 shares of company stock valued at $2,441,324 in the last ninety days. Corporate insiders own 4.50% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on TWLO shares. Scotiabank boosted their price objective on Twilio from $90.00 to $160.00 and gave the stock a "sector outperform" rating in a research report on Friday, January 24th. JMP Securities reiterated a "market outperform" rating and set a $165.00 price target on shares of Twilio in a report on Friday, February 14th. Wells Fargo & Company raised their price objective on shares of Twilio from $140.00 to $155.00 and gave the company an "overweight" rating in a report on Friday, January 24th. Oppenheimer boosted their target price on shares of Twilio from $90.00 to $160.00 and gave the stock an "outperform" rating in a research note on Friday, January 24th. Finally, UBS Group raised their price target on Twilio from $145.00 to $175.00 and gave the company a "buy" rating in a research note on Friday, February 14th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $135.35.

Twilio 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.