WINTON GROUP Ltd Acquires New Holdings in Twilio Inc. (NYSE:TWLO)

WINTON GROUP Ltd bought a new stake in shares of Twilio Inc. (NYSE:TWLO - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 21,134 shares of the technology company's stock, valued at approximately $2,284,000.

A number of other institutional investors and hedge funds have also made changes to their positions in TWLO. Ritholtz Wealth Management bought a new stake in Twilio in the 4th quarter valued at about $344,000. Bleakley Financial Group LLC bought a new stake in shares of Twilio during the fourth quarter valued at approximately $230,000. Zacks Investment Management acquired a new position in shares of Twilio during the third quarter worth approximately $3,386,000. Aigen Investment Management LP grew its holdings in Twilio by 81.6% in the 4th quarter. Aigen Investment Management LP now owns 11,546 shares of the technology company's stock worth $1,248,000 after buying an additional 5,188 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its position in Twilio by 151.7% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 43,237 shares of the technology company's stock valued at $2,820,000 after acquiring an additional 26,062 shares during the period. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Twilio Trading Up 0.2 %

Shares of NYSE:TWLO traded up $0.18 during mid-day trading on Tuesday, hitting $98.09. The stock had a trading volume of 1,549,512 shares, compared to its average volume of 2,624,727. The company's 50 day moving average is $119.96 and its 200-day moving average is $101.51. Twilio Inc. has a 12-month low of $52.51 and a 12-month high of $151.95. 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 $14.97 billion, a PE ratio of -153.26, a P/E/G ratio of 4.30 and a beta of 1.47.

Twilio (NYSE:TWLO - Get Free Report) last released its earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.99 by ($0.77). The business 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%. On average, sell-side analysts predict that Twilio Inc. will post 1.44 EPS for the current year.

Insider Buying and Selling

In other news, CEO Khozema Shipchandler sold 10,834 shares of the business's 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 transaction, the chief executive officer now directly owns 244,971 shares in the company, valued at $27,823,806.18. The trade was a 4.24 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Aidan Viggiano sold 1,391 shares of the company's stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $124.51, for a total transaction of $173,193.41. Following the completion of the transaction, the chief financial officer now directly owns 152,519 shares in the company, valued at $18,990,140.69. This trade represents a 0.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 21,277 shares of company stock valued at $2,441,324. Corporate insiders own 4.50% of the company's stock.

Analyst Ratings Changes

Several research firms have recently issued reports on TWLO. UBS Group increased their price target on Twilio from $145.00 to $175.00 and gave the stock a "buy" rating in a research note on Friday, February 14th. JMP Securities reiterated a "market outperform" rating and issued a $165.00 target price on shares of Twilio in a research report on Friday, February 14th. Monness Crespi & Hardt boosted their price target on shares of Twilio from $135.00 to $152.00 and gave the stock a "buy" rating in a research report on Monday, January 27th. Robert W. Baird upgraded shares of Twilio from a "neutral" rating to an "outperform" rating and increased their price objective for the company from $115.00 to $160.00 in a report on Friday, January 24th. Finally, Oppenheimer raised their price objective on shares of Twilio from $90.00 to $160.00 and gave the company an "outperform" rating in a research note on Friday, January 24th. 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. According to data from MarketBeat.com, the company 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.