Twilio Inc. (NYSE:TWLO) Shares Sold by Inceptionr LLC

Inceptionr LLC lessened its position in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 62.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,435 shares of the technology company's stock after selling 5,795 shares during the quarter. Inceptionr LLC's holdings in Twilio were worth $371,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in TWLO. Pacer Advisors Inc. boosted its holdings in Twilio by 18.3% during the 3rd quarter. Pacer Advisors Inc. now owns 2,867,623 shares of the technology company's stock valued at $187,026,000 after acquiring an additional 444,295 shares during the period. Los Angeles Capital Management LLC lifted its holdings in Twilio by 1,267.3% during the 4th quarter. Los Angeles Capital Management LLC now owns 454,435 shares of the technology company's stock worth $49,115,000 after buying an additional 421,199 shares in the last quarter. KBC Group NV lifted its holdings in Twilio by 1,138.4% during the 4th quarter. KBC Group NV now owns 281,174 shares of the technology company's stock worth $30,389,000 after buying an additional 258,469 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Twilio in the 4th quarter valued at approximately $25,778,000. Finally, Franklin Resources Inc. grew its stake in shares of Twilio by 2,412.9% in the third quarter. Franklin Resources Inc. now owns 202,010 shares of the technology company's stock worth $14,341,000 after acquiring an additional 193,971 shares in the last quarter. 84.27% of the stock is currently owned by hedge funds and other institutional investors.

Twilio Price Performance

Shares of TWLO stock traded up $0.91 during trading hours on Tuesday, hitting $99.48. The company's stock had a trading volume of 516,629 shares, compared to its average volume of 2,636,202. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12. Twilio Inc. has a twelve month low of $52.51 and a twelve month high of $151.95. The stock has a market cap of $15.26 billion, a price-to-earnings ratio of -155.84, a P/E/G ratio of 4.30 and a beta of 1.47. The business has a fifty day moving average of $123.05 and a 200-day moving average of $96.93.

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

Insider Activity

In other Twilio news, CFO Aidan Viggiano sold 6,552 shares of the business's 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 completion of the sale, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Khozema Shipchandler sold 10,834 shares of Twilio 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 completion of the transaction, the chief executive officer now directly owns 244,971 shares in the company, valued at $27,823,806.18. This represents a 4.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 21,277 shares of company stock valued at $2,441,324 in the last 90 days. 4.50% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research firms recently commented on TWLO. William Blair reissued an "outperform" rating on shares of Twilio in a research note on Friday, February 14th. Stifel Nicolaus upped their target price on shares of Twilio from $130.00 to $135.00 and gave the stock a "hold" rating in a research note on Friday, February 14th. Tigress Financial lifted their price target on shares of Twilio from $135.00 to $170.00 and gave the stock a "buy" rating in a research note on Tuesday, February 25th. Jefferies Financial Group lifted their price objective on shares of Twilio from $105.00 to $145.00 and gave the stock a "hold" rating in a research report on Friday, February 14th. Finally, Scotiabank raised their price target on Twilio from $90.00 to $160.00 and gave the company a "sector outperform" rating in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $134.26.

About Twilio

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.