Vinva Investment Management Ltd Purchases 37,126 Shares of Twilio Inc. (NYSE:TWLO)

Vinva Investment Management Ltd boosted its position in Twilio Inc. (NYSE:TWLO) by 26.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 177,055 shares of the technology company’s stock after acquiring an additional 37,126 shares during the quarter. Twilio accounts for 0.8% of Vinva Investment Management Ltd’s holdings, making the stock its 19th largest holding. Vinva Investment Management Ltd owned 0.12% of Twilio worth $19,585,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. FMR LLC boosted its position in Twilio by 0.8% in the third quarter. FMR LLC now owns 9,206,488 shares of the technology company’s stock valued at $600,447,000 after buying an additional 77,436 shares in the last quarter. Pacer Advisors Inc. boosted 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 buying an additional 444,295 shares in the last quarter. Geode Capital Management LLC boosted 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 buying an additional 33,824 shares in the last quarter. Bank of New York Mellon Corp boosted 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 buying an additional 99,786 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. boosted its position in Twilio by 0.5% in the third quarter. Jacobs Levy Equity Management Inc. now owns 866,921 shares of the technology company’s stock valued at $56,541,000 after buying an additional 4,061 shares in the last quarter. 84.27% of the stock is owned by institutional investors.

Insider Transactions at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 10,834 shares of the company’s 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 completion of the sale, the chief executive officer now directly owns 244,971 shares of the company’s stock, valued at approximately $27,823,806.18. This represents a 4.24 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Aidan Viggiano sold 2,500 shares of the company’s stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $117.45, for a total transaction of $293,625.00. Following the completion of the sale, the chief financial officer now directly owns 184,164 shares of the company’s stock, valued at $21,630,061.80. The trade was a 1.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 21,277 shares of company stock valued at $2,441,324 over the last three months. Corporate insiders own 4.50% of the company’s stock.

Twilio Trading Down 1.3 %

TWLO opened at $99.12 on Wednesday. Twilio Inc. has a 1-year low of $52.51 and a 1-year high of $151.95. 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 $15.13 billion, a P/E ratio of -154.88, a price-to-earnings-growth ratio of 4.30 and a beta of 1.47. The company has a fifty day moving average price of $121.75 and a two-hundred day moving average price of $98.53.

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). Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. The company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.19 billion. Analysts predict that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

TWLO has been the topic of a number of research analyst reports. Wells Fargo & Company raised their target price on shares of Twilio from $140.00 to $155.00 and gave the company an “overweight” rating in a research report on Friday, January 24th. JPMorgan Chase & Co. lifted their price target on shares of Twilio from $83.00 to $130.00 and gave the stock an “overweight” rating in a report on Friday, January 24th. Baird R W upgraded shares of Twilio from a “hold” rating to a “strong-buy” rating in a report on Friday, January 24th. Scotiabank lifted their price target on shares of Twilio from $90.00 to $160.00 and gave the stock a “sector outperform” rating in a report on Friday, January 24th. Finally, UBS Group lifted their price target on shares of Twilio from $145.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, February 14th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $134.26.

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.