O Shaughnessy Asset Management LLC Buys 36,489 Shares of Twilio Inc. (NYSE:TWLO)

O Shaughnessy Asset Management LLC lifted its stake in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 568.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,913 shares of the technology company's stock after buying an additional 36,489 shares during the period. O Shaughnessy Asset Management LLC's holdings in Twilio were worth $4,638,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Thrivent Financial for Lutherans purchased a new stake in Twilio in the 3rd quarter valued at about $253,000. The Manufacturers Life Insurance Company grew its holdings in shares of Twilio by 151.7% in the third quarter. The Manufacturers Life Insurance Company now owns 43,237 shares of the technology company's stock valued at $2,820,000 after acquiring an additional 26,062 shares in the last quarter. Townsquare Capital LLC increased its position in shares of Twilio by 31.2% during the third quarter. Townsquare Capital LLC now owns 4,970 shares of the technology company's stock valued at $324,000 after acquiring an additional 1,183 shares during the last quarter. Captrust Financial Advisors lifted its holdings in Twilio by 19.7% during the third quarter. Captrust Financial Advisors now owns 21,357 shares of the technology company's stock worth $1,393,000 after acquiring an additional 3,514 shares during the period. Finally, Jacobs Levy Equity Management Inc. boosted its position in Twilio by 0.5% in the third quarter. Jacobs Levy Equity Management Inc. now owns 866,921 shares of the technology company's stock worth $56,541,000 after purchasing an additional 4,061 shares during the last quarter. Institutional investors own 84.27% of the company's stock.

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Twilio Price Performance

Shares of NYSE:TWLO traded down $0.11 on Monday, hitting $83.47. The company's stock had a trading volume of 2,983,807 shares, compared to its average volume of 2,637,954. Twilio Inc. has a 1 year low of $52.51 and a 1 year high of $151.95. 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 company has a market capitalization of $12.74 billion, a PE ratio of -130.42, a PEG ratio of 4.30 and a beta of 1.50. The company has a 50-day simple moving average of $117.08 and a 200 day simple moving average of $102.31.

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 analysts' consensus estimates of $0.99 by ($0.77). The company had revenue of $1.19 billion during the quarter, compared to analysts' expectations of $1.19 billion. Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. Sell-side analysts forecast that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Insider Buying and Selling

In other Twilio news, CFO Aidan Viggiano sold 7,524 shares of Twilio stock in a transaction dated Monday, March 31st. The stock was sold at an average price of $95.88, for a total transaction of $721,401.12. Following the completion of the sale, the chief financial officer now owns 176,640 shares of the company's stock, 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 document filed with the SEC, which is available at this hyperlink. Also, CEO Khozema Shipchandler sold 12,056 shares of the stock in a transaction dated Monday, March 31st. The shares were sold at an average price of $95.88, for a total value of $1,155,929.28. Following the transaction, the chief executive officer now owns 295,134 shares in the company, valued at $28,297,447.92. This trade represents a 3.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 23,471 shares of company stock worth $2,344,149. Corporate insiders own 4.50% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. Tigress Financial raised their target price on Twilio from $135.00 to $170.00 and gave the company a "buy" rating in a research report on Tuesday, February 25th. Needham & Company LLC raised their price objective on shares of Twilio from $91.00 to $165.00 and gave the stock a "buy" rating in a report on Tuesday, January 28th. JPMorgan Chase & Co. increased their target price 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. Baird R W raised shares of Twilio from a "hold" rating to a "strong-buy" rating in a report on Friday, January 24th. Finally, StockNews.com raised Twilio from a "hold" rating to a "buy" rating in a report on Tuesday, April 1st. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price 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.