Semanteon Capital Management LP Takes $541,000 Position in Twilio Inc. (NYSE:TWLO)

Semanteon Capital Management LP bought a new position in Twilio Inc. (NYSE:TWLO - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 5,009 shares of the technology company's stock, valued at approximately $541,000.

Several other hedge funds have also recently bought and sold shares of TWLO. True Wealth Design LLC increased its holdings in shares of 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 purchasing an additional 416 shares during the period. JFS Wealth Advisors LLC increased its stake in 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 buying an additional 266 shares during the period. Parkside Financial Bank & Trust raised its position in shares of 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 buying an additional 166 shares in the last quarter. Centricity Wealth Management LLC acquired a new stake in shares of Twilio in the 4th quarter worth approximately $44,000. Finally, Brooklyn Investment Group bought a new position in shares of Twilio in the third quarter valued at approximately $46,000. 84.27% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CFO Aidan Viggiano sold 2,500 shares of Twilio stock in a transaction on Friday, February 21st. The shares were sold at an average price of $117.45, for a total value of $293,625.00. Following the transaction, the chief financial officer now owns 184,164 shares in the company, valued at $21,630,061.80. This trade represents a 1.34 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Khozema Shipchandler sold 10,834 shares of the company's stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $113.58, for a total transaction of $1,230,525.72. Following the sale, the chief executive officer now owns 244,971 shares of the company's stock, valued at $27,823,806.18. This trade represents a 4.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 21,277 shares of company stock valued at $2,441,324. Insiders own 4.50% of the company's stock.

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Twilio Stock Down 1.5 %

Shares of NYSE:TWLO traded down $1.64 during trading on Wednesday, reaching $104.25. 1,219,276 shares of the company traded hands, compared to its average volume of 2,615,446. Twilio Inc. has a 1-year low of $52.51 and a 1-year high of $151.95. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12. The firm has a market cap of $15.91 billion, a P/E ratio of -162.89, a price-to-earnings-growth ratio of 4.30 and a beta of 1.47. The firm has a fifty day simple moving average of $121.24 and a 200 day simple moving average of $100.05.

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 firm 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%. Analysts anticipate that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. JMP Securities restated a "market outperform" rating and issued a $165.00 target price on shares of Twilio in a research report on Friday, February 14th. Jefferies Financial Group raised their target price on Twilio from $105.00 to $145.00 and gave the company a "hold" rating in a research note on Friday, February 14th. Royal Bank of Canada reiterated an "underperform" rating and issued a $75.00 price target on shares of Twilio in a research report on Wednesday, March 19th. William Blair restated an "outperform" rating on shares of Twilio in a research report on Friday, February 14th. Finally, Wells Fargo & Company boosted their target price on shares of Twilio from $140.00 to $155.00 and gave the stock an "overweight" rating in a 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 assigned a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target 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.