Generali Asset Management SPA SGR Makes New Investment in Twilio Inc. (NYSE:TWLO)

Generali Asset Management SPA SGR acquired a new position in Twilio Inc. (NYSE:TWLO - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 17,703 shares of the technology company's stock, valued at approximately $1,913,000.

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

Twilio Stock Down 0.3 %

Shares of NYSE:TWLO traded down $0.31 during trading hours on Tuesday, hitting $105.96. The company's stock had a trading volume of 1,677,123 shares, 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. The firm's fifty day moving average price is $121.29 and its 200 day moving average price is $99.71. Twilio Inc. has a 52 week low of $52.51 and a 52 week high of $151.95. The company has a market capitalization of $16.17 billion, a price-to-earnings ratio of -165.56, a P/E/G ratio of 4.30 and a beta of 1.47.

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

Insider Buying and Selling at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 10,834 shares of Twilio stock in a transaction on 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 transaction, the chief executive officer now directly owns 244,971 shares of the company's stock, valued at approximately $27,823,806.18. The trade was a 4.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Aidan Viggiano sold 1,391 shares of the stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $124.51, for a total value of $173,193.41. Following the sale, the chief financial officer now owns 152,519 shares of the company's stock, valued at approximately $18,990,140.69. This represents a 0.90 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,277 shares of company stock worth $2,441,324 over the last quarter. Insiders own 4.50% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. StockNews.com downgraded Twilio from a "buy" rating to a "hold" rating in a research report on Monday. Scotiabank upped their price target on shares of Twilio from $90.00 to $160.00 and gave the company a "sector outperform" rating in a research note on Friday, January 24th. Baird R W upgraded shares of Twilio from a "hold" rating to a "strong-buy" rating in a report on Friday, January 24th. Wells Fargo & Company upped their target price on shares of Twilio from $140.00 to $155.00 and gave the company an "overweight" rating in a research report on Friday, January 24th. Finally, Royal Bank of Canada restated an "underperform" rating and set a $75.00 price objective on shares of Twilio in a research report on Wednesday, March 19th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $135.35.

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.