Quantbot Technologies LP Has $2.07 Million Holdings in Twilio Inc. (NYSE:TWLO)

Quantbot Technologies LP lifted its position in shares of Twilio Inc. (NYSE:TWLO) by 510.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,143 shares of the technology company’s stock after buying an additional 16,007 shares during the quarter. Quantbot Technologies LP’s holdings in Twilio were worth $2,069,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of TWLO. Victory Capital Management Inc. increased its position in shares of Twilio by 41.8% during the third quarter. Victory Capital Management Inc. now owns 38,903 shares of the technology company’s stock worth $2,537,000 after buying an additional 11,472 shares during the period. Thrivent Financial for Lutherans acquired a new stake in shares of Twilio during the third quarter worth $253,000. B. Metzler seel. Sohn & Co. Holding AG acquired a new stake in shares of Twilio during the third quarter worth $758,000. Meridian Wealth Management LLC increased its position in shares of Twilio by 11.8% during the third quarter. Meridian Wealth Management LLC now owns 14,585 shares of the technology company’s stock worth $951,000 after buying an additional 1,538 shares during the period. Finally, Cerity Partners LLC grew its holdings in Twilio by 41.0% in the third quarter. Cerity Partners LLC now owns 65,168 shares of the technology company’s stock worth $4,250,000 after purchasing an additional 18,960 shares during the period. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have commented on TWLO. Jefferies Financial Group raised their price target on shares of Twilio from $105.00 to $145.00 and gave the stock a “hold” rating in a report on Friday, February 14th. StockNews.com upgraded shares of Twilio from a “hold” rating to a “buy” rating in a report on Friday, March 14th. Stifel Nicolaus raised their price target on shares of Twilio from $130.00 to $135.00 and gave the stock a “hold” rating in a report on Friday, February 14th. Mizuho raised their price target on shares of Twilio from $140.00 to $150.00 and gave the stock an “outperform” rating in a report on Friday, January 24th. Finally, Royal Bank of Canada restated an “underperform” rating and issued a $75.00 price target on shares of Twilio in a report on Wednesday, March 19th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $135.35.

Insider Transactions at Twilio

In related news, CEO Khozema Shipchandler sold 10,834 shares of the business’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 transaction of $1,230,525.72. Following the completion of the transaction, the chief executive officer now owns 244,971 shares of the company’s stock, valued at approximately $27,823,806.18. The trade was a 4.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Aidan Viggiano sold 1,391 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $124.51, for a total transaction of $173,193.41. Following the transaction, the chief financial officer now directly owns 152,519 shares of the company’s stock, valued at approximately $18,990,140.69. This 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 worth $2,441,324 over the last quarter. Corporate insiders own 4.50% of the company’s stock.

Twilio Stock Performance

NYSE TWLO opened at $103.44 on Monday. Twilio Inc. has a 52-week low of $52.51 and a 52-week high of $151.95. The company has a 50-day simple moving average of $121.32 and a 200 day simple moving average of $99.40. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06. The company has a market capitalization of $15.79 billion, a PE ratio of -161.62, a price-to-earnings-growth ratio of 4.30 and a beta of 1.47.

Twilio (NYSE:TWLO) last posted its quarterly earnings data 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 company had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.19 billion. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. On average, research 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.