Twilio Inc. (NYSE:TWLO) Stock Position Raised by Vinva Investment Management Ltd

Vinva Investment Management Ltd boosted its stake in Twilio Inc. (NYSE:TWLO - Free Report) by 26.5% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 177,055 shares of the technology company's stock after purchasing an additional 37,126 shares during the period. Twilio comprises approximately 0.8% of Vinva Investment Management Ltd's portfolio, making the stock its 19th largest position. Vinva Investment Management Ltd owned 0.12% of Twilio worth $19,585,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Pacer Advisors Inc. lifted its position in shares of Twilio by 18.3% during the 3rd quarter. Pacer Advisors Inc. now owns 2,867,623 shares of the technology company's stock worth $187,026,000 after purchasing an additional 444,295 shares during the last quarter. Los Angeles Capital Management LLC lifted its position in Twilio by 1,267.3% in the fourth quarter. Los Angeles Capital Management LLC now owns 454,435 shares of the technology company's stock valued at $49,115,000 after acquiring an additional 421,199 shares during the last quarter. KBC Group NV raised its holdings in shares of Twilio by 1,138.4% in the fourth quarter. KBC Group NV now owns 281,174 shares of the technology company's stock valued at $30,389,000 after buying an additional 258,469 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Twilio in the fourth quarter valued at about $25,778,000. Finally, Franklin Resources Inc. raised its holdings in shares of Twilio by 2,412.9% in the third quarter. Franklin Resources Inc. now owns 202,010 shares of the technology company's stock valued at $14,341,000 after buying an additional 193,971 shares during the last quarter. Institutional investors and hedge funds own 84.27% of the company's stock.

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Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Needham & Company LLC boosted their price target on shares of Twilio from $91.00 to $165.00 and gave the stock a "buy" rating in a research note on Tuesday, January 28th. Morgan Stanley upgraded shares of Twilio from an "equal weight" rating to an "overweight" rating and upped their target price for the stock from $144.00 to $160.00 in a research report on Monday, February 24th. Jefferies Financial Group upped their target price on shares of Twilio from $105.00 to $145.00 and gave the stock a "hold" rating in a research report on Friday, February 14th. Robert W. Baird upgraded shares of Twilio from a "neutral" rating to an "outperform" rating and upped their target price for the stock from $115.00 to $160.00 in a research report on Friday, January 24th. Finally, Monness Crespi & Hardt upped their price target on shares of Twilio from $135.00 to $152.00 and gave the company a "buy" rating in a report on Monday, January 27th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Twilio has a consensus rating of "Moderate Buy" and a consensus price target of $135.35.

Insider Buying and Selling

In related news, CEO Khozema Shipchandler sold 10,834 shares of Twilio stock in a transaction on 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. The trade was a 4.24 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Aidan Viggiano sold 6,552 shares of the business's stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $113.55, for a total transaction of $743,979.60. Following the completion of the sale, the chief financial officer now directly owns 153,910 shares of the company's stock, valued at $17,476,480.50. The trade was a 4.08 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,277 shares of company stock valued at $2,441,324 in the last quarter. Company insiders own 4.50% of the company's stock.

Twilio Stock Up 1.6 %

Shares of NYSE:TWLO traded up $1.65 during midday trading on Friday, hitting $103.44. 2,330,031 shares of the company's stock traded hands, compared to its average volume of 2,627,123. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06. The company has a market cap of $15.79 billion, a PE ratio of -161.62, a P/E/G ratio of 4.30 and a beta of 1.47. The firm's fifty day moving average price is $121.32 and its two-hundred day moving average price is $99.13. Twilio Inc. has a twelve month low of $52.51 and a twelve month 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 earnings per share (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 firm had revenue of $1.19 billion for the quarter, compared to analysts' expectations of $1.19 billion. On average, equities research analysts anticipate that Twilio Inc. will post 1.44 EPS for the current fiscal year.

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.