256,640 Shares in Twilio Inc. (NYSE:TWLO) Bought by Trexquant Investment LP

Trexquant Investment LP purchased a new stake in Twilio Inc. (NYSE:TWLO) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 256,640 shares of the technology company’s stock, valued at approximately $27,738,000. Trexquant Investment LP owned about 0.17% of Twilio as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership lifted its stake in shares of Twilio by 718.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,262,765 shares of the technology company’s stock valued at $352,640,000 after purchasing an additional 2,864,235 shares during the period. Norges Bank acquired a new position in Twilio during the fourth quarter worth $222,146,000. Schroder Investment Management Group boosted its position in Twilio by 3,999.9% in the 4th quarter. Schroder Investment Management Group now owns 521,882 shares of the technology company’s stock valued at $56,687,000 after buying an additional 509,153 shares during the period. Los Angeles Capital Management LLC grew its holdings in Twilio by 1,267.3% during the 4th quarter. Los Angeles Capital Management LLC now owns 454,435 shares of the technology company’s stock worth $49,115,000 after acquiring an additional 421,199 shares in the last quarter. Finally, KBC Group NV increased its stake in 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 purchasing an additional 258,469 shares during the last quarter. Institutional investors and hedge funds own 84.27% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. UBS Group lifted their price objective on Twilio from $145.00 to $175.00 and gave the company a “buy” rating in a report on Friday, February 14th. Stifel Nicolaus upped their target price on Twilio from $130.00 to $135.00 and gave the stock a “hold” rating in a research report on Friday, February 14th. Barclays raised their price objective on shares of Twilio from $120.00 to $140.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. Morgan Stanley raised Twilio from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $144.00 to $160.00 in a research report on Monday, February 24th. Finally, Royal Bank of Canada reissued an “underperform” rating and set a $75.00 target price on shares of Twilio in a report on Wednesday, March 19th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Twilio currently has an average rating of “Moderate Buy” and a consensus target price of $135.35.

Insider Transactions at Twilio

In related news, CFO Aidan Viggiano sold 1,391 shares of Twilio stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $124.51, for a total transaction of $173,193.41. Following the sale, the chief financial officer now directly owns 152,519 shares of the company’s stock, valued at $18,990,140.69. This trade represents a 0.90 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Khozema Shipchandler sold 10,834 shares of the company’s stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer now directly owns 244,971 shares of the company’s stock, valued at approximately $27,823,806.18. This trade represents a 4.24 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 21,277 shares of company stock worth $2,441,324. Insiders own 4.50% of the company’s stock.

Twilio Price Performance

NYSE TWLO opened at $98.20 on Tuesday. Twilio Inc. has a 1 year low of $52.51 and a 1 year high of $151.95. The company has a fifty day simple moving average of $120.28 and a 200 day simple moving average of $101.24. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12. The company has a market cap of $14.99 billion, a P/E ratio of -153.44, a P/E/G ratio of 4.30 and a beta of 1.47.

Twilio (NYSE:TWLO) last released its quarterly 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 firm had revenue of $1.19 billion for the quarter, compared to the consensus estimate 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.

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.