Twilio Inc. (NYSE:TWLO) Holdings Lifted by Cwm LLC

Cwm LLC boosted its holdings in shares of Twilio Inc. (NYSE:TWLO) by 45.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,569 shares of the technology company’s stock after buying an additional 6,387 shares during the period. Cwm LLC’s holdings in Twilio were worth $1,342,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in shares of Twilio by 0.8% during the 1st quarter. Vanguard Group Inc. now owns 17,950,364 shares of the technology company’s stock valued at $1,097,665,000 after buying an additional 140,791 shares during the period. Dimensional Fund Advisors LP boosted its position in Twilio by 11.0% during the second quarter. Dimensional Fund Advisors LP now owns 2,260,155 shares of the technology company’s stock valued at $128,396,000 after purchasing an additional 224,040 shares during the last quarter. Kodai Capital Management LP grew its stake in Twilio by 70.0% in the first quarter. Kodai Capital Management LP now owns 1,849,513 shares of the technology company’s stock valued at $113,098,000 after purchasing an additional 761,356 shares in the last quarter. Point72 Asset Management L.P. increased its position in Twilio by 30.4% in the 2nd quarter. Point72 Asset Management L.P. now owns 1,334,500 shares of the technology company’s stock worth $75,813,000 after purchasing an additional 311,481 shares during the last quarter. Finally, AQR Capital Management LLC raised its stake in shares of Twilio by 736.9% during the 2nd quarter. AQR Capital Management LLC now owns 1,142,967 shares of the technology company’s stock worth $63,915,000 after purchasing an additional 1,006,391 shares in the last quarter. 84.27% of the stock is owned by hedge funds and other institutional investors.

Twilio Stock Up 0.5 %

NYSE TWLO opened at $70.51 on Thursday. Twilio Inc. has a twelve month low of $49.86 and a twelve month high of $78.16. The stock has a market cap of $12.07 billion, a PE ratio of -17.58, a PEG ratio of 4.04 and a beta of 1.35. The firm has a 50-day simple moving average of $62.86 and a 200 day simple moving average of $60.13. The company has a debt-to-equity ratio of 0.11, a quick ratio of 5.57 and a current ratio of 5.57.

Twilio (NYSE:TWLO) last announced its quarterly earnings data on Thursday, August 1st. The technology company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.70 by $0.17. The company had revenue of $1.08 billion for the quarter, compared to analyst estimates of $1.06 billion. Twilio had a negative return on equity of 0.22% and a negative net margin of 14.02%. Twilio’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.23) EPS. On average, research analysts forecast that Twilio Inc. will post 0.54 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts recently commented on TWLO shares. JPMorgan Chase & Co. increased their price objective on Twilio from $76.00 to $78.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Sanford C. Bernstein lifted their price objective on shares of Twilio from $68.00 to $70.00 and gave the company a “market perform” rating in a research note on Tuesday, August 27th. StockNews.com upgraded shares of Twilio from a “hold” rating to a “buy” rating in a report on Friday, September 13th. Tigress Financial raised their target price on Twilio from $75.00 to $85.00 and gave the company a “buy” rating in a report on Friday, August 23rd. Finally, JMP Securities reiterated a “market outperform” rating and set a $110.00 price target on shares of Twilio in a research note on Tuesday, October 8th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat, Twilio currently has a consensus rating of “Hold” and an average price target of $70.52.

Insider Buying and Selling at Twilio

In other news, CFO Aidan Viggiano sold 1,961 shares of the firm’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $60.69, for a total transaction of $119,013.09. Following the completion of the transaction, the chief financial officer now directly owns 186,501 shares of the company’s stock, valued at approximately $11,318,745.69. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, insider Dana Wagner sold 1,989 shares of the business’s stock in a transaction on Thursday, August 15th. The shares were sold at an average price of $60.69, for a total value of $120,712.41. Following the sale, the insider now owns 157,328 shares in the company, valued at approximately $9,548,236.32. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Aidan Viggiano sold 1,961 shares of the company’s stock in a transaction dated Thursday, August 15th. The stock was sold at an average price of $60.69, for a total transaction of $119,013.09. Following the completion of the sale, the chief financial officer now directly owns 186,501 shares in the company, valued at approximately $11,318,745.69. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 51,906 shares of company stock valued at $3,388,596 in the last 90 days. 4.50% of the stock is currently owned by company insiders.

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.