Twilio Inc. (NYSE:TWLO) Holdings Reduced by Fox Run Management L.L.C.

Fox Run Management L.L.C. lessened its stake in Twilio Inc. (NYSE:TWLO - Free Report) by 36.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,920 shares of the technology company's stock after selling 7,884 shares during the period. Fox Run Management L.L.C.'s holdings in Twilio were worth $1,504,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. JFS Wealth Advisors LLC grew its stake in Twilio by 244.0% during the 4th quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company's stock worth $41,000 after buying an additional 266 shares during the last quarter. Parkside Financial Bank & Trust grew its position in shares of Twilio by 79.4% during the fourth quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company's stock worth $41,000 after acquiring an additional 166 shares during the last quarter. Centricity Wealth Management LLC acquired a new position in shares of Twilio in the 4th quarter valued at $44,000. True Wealth Design LLC boosted its stake in Twilio by 5,200.0% during the 3rd quarter. True Wealth Design LLC now owns 424 shares of the technology company's stock worth $28,000 after purchasing an additional 416 shares during the period. Finally, Private Trust Co. NA grew its position in Twilio by 395.6% during the 4th quarter. Private Trust Co. NA now owns 451 shares of the technology company's stock worth $49,000 after purchasing an additional 360 shares during the last quarter. Institutional investors and hedge funds own 84.27% of the company's stock.

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Insider Transactions at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 10,834 shares of the stock in a transaction on Monday, January 6th. The shares were sold at an average price of $113.58, for a total transaction 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Aidan Viggiano sold 6,552 shares of the firm's stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $113.55, for a total value of $743,979.60. Following the completion of the sale, the chief financial officer now directly owns 153,910 shares in the company, valued at approximately $17,476,480.50. This trade represents a 4.08 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 21,277 shares of company stock valued at $2,441,324. 4.50% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have commented on TWLO. William Blair reaffirmed an "outperform" rating on shares of Twilio in a research note on Friday, February 14th. Royal Bank of Canada reissued an "underperform" rating and issued a $75.00 price objective on shares of Twilio in a research note on Wednesday, March 19th. Monness Crespi & Hardt raised their target price on shares of Twilio from $135.00 to $152.00 and gave the stock a "buy" rating in a research note on Monday, January 27th. The Goldman Sachs Group upgraded shares of Twilio from a "neutral" rating to a "buy" rating and boosted their price target for the stock from $77.00 to $185.00 in a research note on Monday, January 27th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Twilio from $83.00 to $130.00 and gave the company an "overweight" rating in a research report on Friday, January 24th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $135.35.

Twilio Trading Down 0.2 %

TWLO traded down $0.22 during midday trading on Tuesday, hitting $106.05. The company's stock had a trading volume of 531,876 shares, compared to its average volume of 2,623,438. The firm has a 50-day moving average price of $121.29 and a two-hundred day moving average price of $99.71. Twilio Inc. has a 52-week low of $52.51 and a 52-week high of $151.95. 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 firm has a market cap of $16.19 billion, a P/E ratio of -165.94, a PEG ratio of 4.30 and a beta of 1.47.

Twilio (NYSE:TWLO - Get Free Report) last issued its earnings results 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 positive return on equity of 1.38% and a negative net margin of 2.45%. The firm had revenue of $1.19 billion for the quarter, compared to analysts' expectations of $1.19 billion. On average, research analysts anticipate that Twilio Inc. will post 1.44 earnings per share for the current year.

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.