Invesco Ltd. Grows Holdings in Twilio Inc. (NYSE:TWLO)

Invesco Ltd. grew its position in Twilio Inc. (NYSE:TWLO - Free Report) by 38.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 501,326 shares of the technology company's stock after purchasing an additional 139,384 shares during the quarter. Invesco Ltd. owned approximately 0.33% of Twilio worth $54,183,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Arrowstreet Capital Limited Partnership increased its position in Twilio by 718.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,262,765 shares of the technology company's stock worth $352,640,000 after buying an additional 2,864,235 shares during the period. Norges Bank bought a new position in Twilio during the fourth quarter worth $222,146,000. Schroder Investment Management Group raised its stake in Twilio by 3,999.9% during the 4th quarter. Schroder Investment Management Group now owns 521,882 shares of the technology company's stock valued at $56,687,000 after purchasing an additional 509,153 shares during the last quarter. Los Angeles Capital Management LLC boosted its holdings in Twilio by 1,267.3% in the 4th quarter. Los Angeles Capital Management LLC now owns 454,435 shares of the technology company's stock valued at $49,115,000 after purchasing an additional 421,199 shares during the period. Finally, Oribel Capital Management LP acquired a new stake in Twilio in the 4th quarter worth $40,595,000. 84.27% of the stock is owned by institutional investors.

Twilio Stock Performance

Twilio stock traded down $1.01 during midday trading on Friday, reaching $84.76. 1,493,706 shares of the company's stock were exchanged, compared to its average volume of 2,638,090. The firm has a market cap of $12.94 billion, a price-to-earnings ratio of -132.43, a P/E/G ratio of 4.30 and a beta of 1.50. The stock's 50-day simple moving average is $103.89 and its 200 day simple moving average is $103.22. Twilio Inc. has a 52 week low of $52.51 and a 52 week high of $151.95. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06.

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

Analysts Set New Price Targets

Several research firms recently weighed in on TWLO. Stifel Nicolaus increased their target price on shares of Twilio from $130.00 to $135.00 and gave the company a "hold" rating in a research note on Friday, February 14th. Robert W. Baird upgraded Twilio from a "neutral" rating to an "outperform" rating and upped their target price for the company from $115.00 to $160.00 in a research note on Friday, January 24th. Tigress Financial boosted their price target on shares of Twilio from $135.00 to $170.00 and gave the company a "buy" rating in a report on Tuesday, February 25th. Mizuho dropped their price objective on shares of Twilio from $165.00 to $125.00 and set an "outperform" rating for the company in a research note on Tuesday. Finally, Barclays upped their target price on shares of Twilio from $120.00 to $140.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. One analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Twilio has an average rating of "Moderate Buy" and a consensus target price of $132.13.

Insider Activity at Twilio

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

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.