Hillsdale Investment Management Inc. Has $973,000 Holdings in Twilio Inc. (NYSE:TWLO)

Hillsdale Investment Management Inc. decreased its position in shares of Twilio Inc. (NYSE:TWLO) by 20.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,000 shares of the technology company’s stock after selling 2,250 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in Twilio were worth $973,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Los Angeles Capital Management LLC boosted its stake 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 valued at $49,115,000 after purchasing an additional 421,199 shares during the last quarter. KBC Group NV grew its holdings in Twilio by 1,138.4% during the fourth quarter. KBC Group NV now owns 281,174 shares of the technology company’s stock worth $30,389,000 after buying an additional 258,469 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Twilio in the 4th quarter valued at $25,778,000. Franklin Resources Inc. lifted its stake in Twilio by 2,412.9% during the 3rd quarter. Franklin Resources Inc. now owns 202,010 shares of the technology company’s stock valued at $14,341,000 after acquiring an additional 193,971 shares in the last quarter. Finally, Amundi boosted its holdings in Twilio by 53.4% during the 4th quarter. Amundi now owns 517,052 shares of the technology company’s stock worth $57,424,000 after acquiring an additional 179,899 shares during the last quarter. 84.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on TWLO shares. Robert W. Baird raised shares of Twilio from a “neutral” rating to an “outperform” rating and raised their price target for the company from $115.00 to $160.00 in a research report on Friday, January 24th. Jefferies Financial Group lifted their target price on shares of Twilio from $105.00 to $145.00 and gave the stock a “hold” rating in a research report on Friday, February 14th. Scotiabank upped their target price on Twilio from $90.00 to $160.00 and gave the company a “sector outperform” rating in a report on Friday, January 24th. Stifel Nicolaus lifted their price target on Twilio from $130.00 to $135.00 and gave the stock a “hold” rating in a report on Friday, February 14th. Finally, Barclays upped their price objective on Twilio from $120.00 to $140.00 and gave the company an “equal weight” rating in a research note on Friday, February 14th. 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 issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $135.35.

Twilio Price 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 stock has a fifty day moving average of $121.32 and a 200 day 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 firm has a market capitalization of $15.79 billion, a price-to-earnings ratio of -161.62, a P/E/G ratio of 4.30 and a beta of 1.47.

Twilio (NYSE:TWLO) last issued its quarterly earnings data on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.77). The business 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 expect that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Insider Activity

In other news, CFO Aidan Viggiano sold 1,391 shares of the company’s stock in a transaction on Tuesday, February 18th. The shares were 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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Khozema Shipchandler sold 10,834 shares of Twilio 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. The trade was a 4.24 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 21,277 shares of company stock worth $2,441,324. 4.50% of the stock is currently owned by corporate 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.