WINTON GROUP Ltd Makes New Investment in Twilio Inc. (NYSE:TWLO)

WINTON GROUP Ltd acquired a new stake in Twilio Inc. (NYSE:TWLO) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 21,134 shares of the technology company’s stock, valued at approximately $2,284,000.

Several other large investors also recently modified their holdings of the company. True Wealth Design LLC increased its holdings in Twilio by 5,200.0% in the third quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock worth $28,000 after purchasing an additional 416 shares in the last quarter. JFS Wealth Advisors LLC grew its position in shares of Twilio by 244.0% during the 4th quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company’s stock worth $41,000 after buying an additional 266 shares during the period. Parkside Financial Bank & Trust lifted its position in shares of Twilio by 79.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company’s stock valued at $41,000 after acquiring an additional 166 shares during the period. Centricity Wealth Management LLC bought a new position in Twilio during the fourth quarter worth $44,000. Finally, Brooklyn Investment Group acquired a new stake in Twilio in the third quarter worth $46,000. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on TWLO shares. Piper Sandler reiterated an “overweight” rating and set a $142.00 price objective (up previously from $94.00) on shares of Twilio in a report on Friday, January 24th. Baird R W upgraded Twilio from a “hold” rating to a “strong-buy” rating in a report on Friday, January 24th. Scotiabank raised their price objective on Twilio from $90.00 to $160.00 and gave the company a “sector outperform” rating in a research note on Friday, January 24th. UBS Group increased their target price on Twilio from $145.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, February 14th. Finally, Tigress Financial boosted their price target on shares of Twilio from $135.00 to $170.00 and gave the company a “buy” rating in a research note on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $135.35.

Twilio Stock Down 2.3 %

TWLO stock opened at $101.80 on Friday. Twilio Inc. has a 1-year low of $52.51 and a 1-year high of $151.95. The stock has a market cap of $15.54 billion, a P/E ratio of -159.06, a P/E/G ratio of 4.30 and a beta of 1.47. The stock’s fifty day simple moving average is $120.82 and its two-hundred day simple moving average is $100.09. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12.

Twilio (NYSE:TWLO) last posted its quarterly earnings results 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 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%. Analysts expect that Twilio Inc. will post 1.44 EPS for the current year.

Insider Activity

In other news, CEO Khozema Shipchandler sold 10,834 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $113.58, for a total transaction of $1,230,525.72. Following the completion of the transaction, the chief executive officer now owns 244,971 shares in the company, valued at approximately $27,823,806.18. This represents a 4.24 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 value of $173,193.41. Following the completion of the sale, the chief financial officer now directly 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. Insiders sold 21,277 shares of company stock valued at $2,441,324 in the last three months. Company insiders own 4.50% of the company’s stock.

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.