Dimensional Fund Advisors LP Lowers Position in Twilio Inc. (NYSE:TWLO)

Dimensional Fund Advisors LP decreased its position in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 7.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,201,033 shares of the technology company's stock after selling 178,431 shares during the period. Dimensional Fund Advisors LP owned about 1.44% of Twilio worth $237,898,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently modified their holdings of the company. MML Investors Services LLC grew its holdings in shares of Twilio by 33.1% during the third quarter. MML Investors Services LLC now owns 7,768 shares of the technology company's stock worth $507,000 after purchasing an additional 1,930 shares during the last quarter. Tidal Investments LLC increased its holdings in Twilio by 0.6% in the third quarter. Tidal Investments LLC now owns 17,666 shares of the technology company's stock worth $1,152,000 after purchasing an additional 112 shares in the last quarter. Franklin Resources Inc. increased its stake in shares of Twilio by 2,412.9% in the 3rd quarter. Franklin Resources Inc. now owns 202,010 shares of the technology company's stock valued at $14,341,000 after acquiring an additional 193,971 shares in the last quarter. American Trust acquired a new position in shares of Twilio during the third quarter valued at about $224,000. Finally, Versant Capital Management Inc boosted its holdings in Twilio by 71.0% in the fourth quarter. Versant Capital Management Inc now owns 1,166 shares of the technology company's stock worth $126,000 after acquiring an additional 484 shares in the last quarter. Institutional investors and hedge funds own 84.27% of the company's stock.

Insider Transactions at Twilio

In other news, CFO Aidan Viggiano sold 7,524 shares of Twilio stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of $95.88, for a total value of $721,401.12. Following the completion of the sale, the chief financial officer now directly owns 176,640 shares in the company, valued at $16,936,243.20. The trade was a 4.09 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Khozema Shipchandler sold 12,056 shares of the stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of $95.88, for a total transaction of $1,155,929.28. Following the transaction, the chief executive officer now owns 295,134 shares in the company, valued at approximately $28,297,447.92. This trade represents a 3.92 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 23,471 shares of company stock worth $2,344,149 over the last quarter. 4.50% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

TWLO has been the topic of several recent research reports. Jefferies Financial Group raised their price target on shares of Twilio from $105.00 to $145.00 and gave the company a "hold" rating in a research report on Friday, February 14th. Mizuho reduced their price objective on Twilio from $165.00 to $125.00 and set an "outperform" rating for the company in a report on Tuesday, April 15th. Needham & Company LLC lifted their target price on shares of Twilio from $91.00 to $165.00 and gave the stock a "buy" rating in a research note on Tuesday, January 28th. Oppenheimer raised their target price on Twilio from $90.00 to $160.00 and gave the stock an "outperform" rating in a research note on Friday, January 24th. Finally, Wells Fargo & Company reduced their price target on shares of Twilio from $160.00 to $120.00 and set an "overweight" rating for the company in a research report on Tuesday. One research analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Twilio has an average rating of "Moderate Buy" and a consensus price target of $129.30.

Twilio Stock Up 7.4 %

Shares of TWLO traded up $6.41 on Thursday, reaching $93.54. The stock had a trading volume of 2,347,705 shares, compared to its average volume of 2,640,921. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06. The company has a 50-day simple moving average of $99.96 and a 200-day simple moving average of $103.75. The firm has a market capitalization of $14.28 billion, a price-to-earnings ratio of -146.16, a price-to-earnings-growth ratio of 4.30 and a beta of 1.50. Twilio Inc. has a 12-month low of $52.51 and a 12-month high of $151.95.

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

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.