Fiducient Advisors LLC Cuts Stake in Twilio Inc. (NYSE:TWLO)

Fiducient Advisors LLC decreased its position in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 61.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,135 shares of the technology company's stock after selling 3,365 shares during the quarter. Fiducient Advisors LLC's holdings in Twilio were worth $231,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership lifted its position in shares of Twilio by 718.7% during 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 last quarter. Geode Capital Management LLC lifted its holdings in shares of Twilio by 1.3% in the third quarter. Geode Capital Management LLC now owns 2,724,406 shares of the technology company's stock worth $177,622,000 after acquiring an additional 33,824 shares during the last quarter. Norges Bank acquired a new stake in shares of Twilio in the 4th quarter valued at approximately $222,146,000. Bank of New York Mellon Corp grew its holdings in shares of Twilio by 11.0% during the 4th quarter. Bank of New York Mellon Corp now owns 1,009,028 shares of the technology company's stock valued at $109,056,000 after purchasing an additional 99,786 shares during the last quarter. Finally, Renaissance Technologies LLC acquired a new position in Twilio during the 4th quarter worth approximately $62,999,000. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts have weighed in on TWLO shares. Oppenheimer raised their target price on shares of Twilio from $90.00 to $160.00 and gave the company an "outperform" rating in a research report on Friday, January 24th. Jefferies Financial Group raised their price objective 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 upped their target price on Twilio from $135.00 to $152.00 and gave the stock a "buy" rating in a report on Monday, January 27th. Royal Bank of Canada reissued an "underperform" rating and set a $75.00 price target on shares of Twilio in a research note on Wednesday, March 19th. Finally, Needham & Company LLC upped their price objective on Twilio from $91.00 to $165.00 and gave the company a "buy" rating in a research note on Tuesday, January 28th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, Twilio currently has a consensus rating of "Moderate Buy" and an average target price of $134.26.

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Insider Transactions at Twilio

In related news, CFO Aidan Viggiano sold 1,391 shares of the firm's stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $124.51, for a total transaction of $173,193.41. Following the transaction, the chief financial officer now directly owns 152,519 shares of the company's stock, valued at $18,990,140.69. This trade represents a 0.90 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Khozema Shipchandler sold 12,056 shares of the business's stock in a transaction dated Monday, March 31st. The stock was sold at an average price of $95.88, for a total transaction of $1,155,929.28. Following the transaction, the chief executive officer now owns 295,134 shares in the company, valued at approximately $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. Insiders sold a total of 23,471 shares of company stock valued at $2,344,149 over the last ninety days. 4.50% of the stock is currently owned by insiders.

Twilio Stock Up 2.2 %

Twilio stock traded up $1.87 during mid-day trading on Tuesday, reaching $88.29. The stock had a trading volume of 1,519,413 shares, compared to its average volume of 2,638,571. 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 fifty-two week low of $52.51 and a fifty-two week high of $151.95. The stock's 50-day simple moving average is $107.45 and its 200-day simple moving average is $103.06. The firm has a market capitalization of $13.48 billion, a PE ratio of -137.95, a price-to-earnings-growth ratio of 4.30 and a beta of 1.50.

Twilio (NYSE:TWLO - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The technology company reported $0.22 earnings per share for the quarter, missing the consensus estimate of $0.99 by ($0.77). The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.19 billion. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. On average, sell-side analysts forecast that Twilio Inc. will post 1.44 EPS for the current fiscal year.

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.