Twilio Inc. (NYSE:TWLO) Shares Acquired by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC grew its position in Twilio Inc. (NYSE:TWLO) by 1,267.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 454,435 shares of the technology company’s stock after purchasing an additional 421,199 shares during the quarter. Los Angeles Capital Management LLC owned approximately 0.30% of Twilio worth $49,115,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. FMR LLC raised its holdings in shares of Twilio by 0.8% in the 3rd quarter. FMR LLC now owns 9,206,488 shares of the technology company’s stock valued at $600,447,000 after purchasing an additional 77,436 shares in the last quarter. Pacer Advisors Inc. lifted its position in Twilio by 18.3% in the third quarter. Pacer Advisors Inc. now owns 2,867,623 shares of the technology company’s stock valued at $187,026,000 after acquiring an additional 444,295 shares during the last quarter. Geode Capital Management LLC lifted its position in Twilio by 1.3% in the third quarter. Geode Capital Management LLC now owns 2,724,406 shares of the technology company’s stock valued at $177,622,000 after acquiring an additional 33,824 shares during the last quarter. Bank of New York Mellon Corp lifted its position in Twilio by 11.0% in the fourth 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 acquiring an additional 99,786 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its position in Twilio by 258.4% in the third quarter. Robeco Institutional Asset Management B.V. now owns 874,647 shares of the technology company’s stock valued at $57,044,000 after acquiring an additional 630,627 shares during the last quarter. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on TWLO shares. Stifel Nicolaus upped their target price on shares of Twilio from $130.00 to $135.00 and gave the company a “hold” rating in a report on Friday, February 14th. JPMorgan Chase & Co. boosted their price target on shares of Twilio from $83.00 to $130.00 and gave the stock an “overweight” rating in a research note on Friday, January 24th. William Blair restated an “outperform” rating on shares of Twilio in a research report on Friday, February 14th. 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. Finally, Baird R W raised shares of Twilio from a “hold” rating to a “strong-buy” rating in a report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have given a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $132.74.

Twilio Price Performance

Shares of TWLO stock opened at $117.90 on Tuesday. The firm has a market cap of $18.08 billion, a P/E ratio of -184.23, a P/E/G ratio of 4.30 and a beta of 1.42. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.06 and a quick ratio of 5.06. Twilio Inc. has a 1-year low of $52.51 and a 1-year high of $151.95. The firm has a fifty day moving average of $122.21 and a two-hundred day moving average of $93.21.

Twilio (NYSE:TWLO) last announced 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 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, research analysts anticipate that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

Insider Transactions at Twilio

In related news, CEO Khozema Shipchandler sold 10,834 shares of Twilio stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $113.58, for a total value of $1,230,525.72. Following the sale, the chief executive officer now directly owns 244,971 shares in the company, valued at $27,823,806.18. This trade represents a 4.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Aidan Viggiano sold 1,391 shares of Twilio 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 completion of the sale, the chief financial officer now owns 152,519 shares in the company, valued at approximately $18,990,140.69. This represents a 0.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 23,406 shares of company stock worth $2,656,889. 4.50% of the stock is currently owned by insiders.

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.