Twilio Inc. (NYSE:TWLO) Stake Lifted by Quantbot Technologies LP

Quantbot Technologies LP lifted its stake in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 510.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 19,143 shares of the technology company's stock after purchasing an additional 16,007 shares during the quarter. Quantbot Technologies LP's holdings in Twilio were worth $2,069,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. M&T Bank Corp increased its holdings in Twilio by 1.0% in the fourth quarter. M&T Bank Corp now owns 8,727 shares of the technology company's stock valued at $943,000 after buying an additional 85 shares in the last quarter. Allworth Financial LP lifted its stake in Twilio by 6.9% in the 4th quarter. Allworth Financial LP now owns 1,465 shares of the technology company's stock valued at $165,000 after buying an additional 94 shares in the last quarter. GHP Investment Advisors Inc. boosted its stake in shares of Twilio by 10.4% during the fourth quarter. GHP Investment Advisors Inc. now owns 1,107 shares of the technology company's stock valued at $120,000 after acquiring an additional 104 shares during the last quarter. Tidal Investments LLC lifted its holdings in Twilio by 0.6% in the 3rd quarter. Tidal Investments LLC now owns 17,666 shares of the technology company's stock valued at $1,152,000 after purchasing an additional 112 shares in the last quarter. Finally, Freestone Capital Holdings LLC boosted its stake in shares of Twilio by 3.3% during the 4th quarter. Freestone Capital Holdings LLC now owns 3,918 shares of the technology company's stock worth $423,000 after purchasing an additional 124 shares during the last quarter. Hedge funds and other institutional investors own 84.27% of the company's stock.

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Insider Transactions at Twilio

In other Twilio news, CFO Aidan Viggiano sold 6,552 shares of the company'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 transaction of $743,979.60. Following the sale, the chief financial officer now owns 153,910 shares in the company, valued at $17,476,480.50. This represents a 4.08 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Khozema Shipchandler sold 10,834 shares of Twilio stock in a transaction that occurred on Monday, January 6th. The stock was 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 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 position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 21,277 shares of company stock valued at $2,441,324. 4.50% of the stock is currently owned by corporate insiders.

Twilio Stock Down 2.3 %

TWLO stock traded down $2.40 during trading on Thursday, reaching $101.80. The stock had a trading volume of 1,073,077 shares, compared to its average volume of 2,610,017. 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 fifty day moving average price of $121.07 and a 200 day moving average price of $100.08. The company has a market capitalization of $15.54 billion, a P/E ratio of -159.06, a PEG ratio of 4.30 and a beta of 1.47. Twilio Inc. has a 1-year low of $52.51 and a 1-year high of $151.95.

Twilio (NYSE:TWLO - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing the consensus estimate 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 business had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.19 billion. On average, equities analysts anticipate that Twilio Inc. will post 1.44 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Jefferies Financial Group boosted their price target on Twilio from $105.00 to $145.00 and gave the company a "hold" rating in a report on Friday, February 14th. Monness Crespi & Hardt increased their target price on Twilio from $135.00 to $152.00 and gave the stock a "buy" rating in a research report on Monday, January 27th. Morgan Stanley raised Twilio from an "equal weight" rating to an "overweight" rating and raised their price target for the stock from $144.00 to $160.00 in a research note on Monday, February 24th. Stifel Nicolaus upped their price objective 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. Finally, Piper Sandler reissued an "overweight" rating and issued a $142.00 target price (up from $94.00) on shares of Twilio in a research report on Friday, January 24th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, Twilio has an average rating of "Moderate Buy" and an average target price of $135.35.

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.