XTX Topco Ltd Takes Position in Twilio Inc. (NYSE:TWLO)

XTX Topco Ltd purchased a new position in shares of Twilio Inc. (NYSE:TWLO - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 4,988 shares of the technology company's stock, valued at approximately $539,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. CreativeOne Wealth LLC purchased a new stake in Twilio in the fourth quarter valued at $365,000. Mariner LLC grew its stake in shares of Twilio by 0.7% in the 4th quarter. Mariner LLC now owns 46,995 shares of the technology company's stock valued at $5,079,000 after purchasing an additional 345 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in shares of Twilio by 28.9% during the fourth quarter. Rockefeller Capital Management L.P. now owns 13,915 shares of the technology company's stock worth $1,504,000 after purchasing an additional 3,117 shares during the period. Sterling Capital Management LLC grew its position in Twilio by 30.7% in the 4th quarter. Sterling Capital Management LLC now owns 7,778 shares of the technology company's stock valued at $841,000 after buying an additional 1,826 shares during the last quarter. Finally, LSV Asset Management increased its stake in shares of Twilio by 1.2% during the fourth quarter. LSV Asset Management now owns 151,440 shares of the technology company's stock worth $16,368,000 after acquiring an additional 1,740 shares during the period. Hedge funds and other institutional investors own 84.27% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on TWLO. Oppenheimer upped their price objective on Twilio from $90.00 to $160.00 and gave the stock an "outperform" rating in a report on Friday, January 24th. Tigress Financial boosted their target price on Twilio from $135.00 to $170.00 and gave the stock a "buy" rating in a research report on Tuesday, February 25th. StockNews.com cut Twilio from a "buy" rating to a "hold" rating in a research report on Friday, April 11th. Stifel Nicolaus lifted their price target on Twilio from $130.00 to $135.00 and gave the stock a "hold" rating in a research note on Friday, February 14th. Finally, The Goldman Sachs Group raised shares of Twilio from a "neutral" rating to a "buy" rating and increased their price objective for the company from $77.00 to $185.00 in a research note on Monday, January 27th. 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 issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $130.61.

Twilio Trading Up 3.9 %

Shares of Twilio stock traded up $3.23 during trading hours on Wednesday, hitting $87.10. The company's stock had a trading volume of 1,942,687 shares, compared to its average volume of 2,635,049. 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 company has a market capitalization of $13.29 billion, a PE ratio of -136.09, a P/E/G ratio of 4.30 and a beta of 1.50. The business has a fifty day moving average of $101.36 and a 200 day moving average of $103.69. Twilio Inc. has a 1-year low of $52.51 and a 1-year high of $151.95.

Twilio (NYSE:TWLO - Get Free Report) last issued its quarterly earnings data 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 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%. As a group, equities analysts forecast that Twilio Inc. will post 1.44 EPS for the current year.

Insider Transactions at Twilio

In related news, 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 value 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. The trade was a 3.92 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Aidan Viggiano sold 1,391 shares of the firm's stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $124.51, for a total value of $173,193.41. Following the sale, the chief financial officer now owns 152,519 shares of the company's stock, valued at approximately $18,990,140.69. This trade represents a 0.90 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 23,471 shares of company stock valued at $2,344,149. Corporate insiders own 4.50% of the company's stock.

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.