Twilio Inc. (NYSE:TWLO) Stock Position Boosted by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. lifted its position in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 6.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 71,598 shares of the technology company's stock after buying an additional 4,471 shares during the period. Royal London Asset Management Ltd.'s holdings in Twilio were worth $7,738,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. True Wealth Design LLC lifted its position in Twilio by 5,200.0% during the third quarter. True Wealth Design LLC now owns 424 shares of the technology company's stock valued at $28,000 after buying an additional 416 shares in the last quarter. JFS Wealth Advisors LLC lifted its holdings in shares of Twilio by 244.0% during the 4th quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company's stock valued at $41,000 after acquiring an additional 266 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in Twilio by 79.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company's stock worth $41,000 after purchasing an additional 166 shares during the period. Centricity Wealth Management LLC acquired a new stake in Twilio in the 4th quarter valued at $44,000. Finally, Brooklyn Investment Group purchased a new position in Twilio in the third quarter valued at about $46,000. 84.27% of the stock is owned by hedge funds and other institutional investors.

Twilio Stock Performance

Shares of NYSE TWLO traded down $2.40 during midday trading on Thursday, hitting $101.80. The company's stock had a trading volume of 1,073,077 shares, compared to its average volume of 2,610,017. 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 Inc. has a 1-year low of $52.51 and a 1-year high of $151.95. The firm's fifty day moving average price is $121.07 and its 200-day moving average price is $100.08. The firm has a market cap of $15.54 billion, a P/E ratio of -159.06, 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 issued its earnings results on Thursday, February 13th. The technology company reported $0.22 EPS 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 analyst estimates of $1.19 billion. Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. On average, sell-side analysts forecast that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Insiders Place Their Bets

In other Twilio news, CEO Khozema Shipchandler sold 10,834 shares of the firm's stock in a transaction that occurred 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 sale, the chief executive officer now owns 244,971 shares in the company, valued at approximately $27,823,806.18. This trade represents a 4.24 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Aidan Viggiano sold 6,552 shares of the business'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 value of $743,979.60. Following the transaction, the chief financial officer now owns 153,910 shares of the company's stock, valued at approximately $17,476,480.50. This represents a 4.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 21,277 shares of company stock valued at $2,441,324 over the last three months. Company insiders own 4.50% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. StockNews.com downgraded Twilio from a "buy" rating to a "hold" rating in a research report on Monday. JPMorgan Chase & Co. upped their price target on Twilio from $83.00 to $130.00 and gave the stock an "overweight" rating in a report on Friday, January 24th. Barclays lifted their price objective 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. Royal Bank of Canada restated an "underperform" rating and issued a $75.00 target price on shares of Twilio in a research note on Wednesday, March 19th. Finally, Baird R W raised shares of Twilio from a "hold" rating to a "strong-buy" rating in a research note on Friday, January 24th. One 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 given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target 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.