Xponance Inc. Has $1.91 Million Stock Position in Twilio Inc. (NYSE:TWLO)

Xponance Inc. boosted its position in shares of Twilio Inc. (NYSE:TWLO) by 1.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,623 shares of the technology company’s stock after purchasing an additional 193 shares during the period. Xponance Inc.’s holdings in Twilio were worth $1,905,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Victory Capital Management Inc. lifted its position in shares of Twilio by 41.8% in 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 last quarter. CIBC Asset Management Inc lifted its position in shares of Twilio by 5.3% in the third quarter. CIBC Asset Management Inc now owns 6,421 shares of the technology company’s stock worth $419,000 after buying an additional 325 shares during the last quarter. Thrivent Financial for Lutherans acquired a new stake in shares of Twilio in the third quarter worth about $253,000. Caprock Group LLC lifted its position in shares of Twilio by 152.2% in the third quarter. Caprock Group LLC now owns 11,038 shares of the technology company’s stock worth $720,000 after buying an additional 6,661 shares during the last quarter. Finally, Banque Cantonale Vaudoise acquired a new stake in shares of Twilio in the third quarter worth about $280,000. Institutional investors and hedge funds own 84.27% of the company’s stock.

Insider Transactions at Twilio

In other news, CFO Aidan Viggiano sold 6,552 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $113.55, for a total value of $743,979.60. Following the transaction, the chief financial officer now directly owns 153,910 shares of the company’s stock, valued at $17,476,480.50. The trade was a 4.08 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Khozema Shipchandler sold 10,834 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The stock was 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 in the company, valued at $27,823,806.18. The trade was a 4.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 21,277 shares of company stock valued at $2,441,324 in the last three months. 4.50% of the stock is owned by corporate insiders.

Twilio Trading Up 1.6 %

TWLO stock opened at $103.44 on Friday. Twilio Inc. has a 1-year low of $52.51 and a 1-year high of $151.95. The firm has a market cap of $15.79 billion, a P/E ratio of -161.62, a P/E/G ratio of 4.30 and a beta of 1.47. The business’s 50 day moving average is $121.32 and its 200-day moving average is $98.86. 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 released its quarterly earnings data 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. Equities analysts anticipate that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on TWLO. Morgan Stanley raised Twilio from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $144.00 to $160.00 in a research report on Monday, February 24th. StockNews.com raised Twilio from a “hold” rating to a “buy” rating in a research report on Friday, March 14th. Stifel Nicolaus boosted their price objective on Twilio from $130.00 to $135.00 and gave the stock a “hold” rating in a research report on Friday, February 14th. Robert W. Baird raised Twilio from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $115.00 to $160.00 in a research report on Friday, January 24th. Finally, Tigress Financial boosted their price objective on Twilio from $135.00 to $170.00 and gave the stock a “buy” rating in a research report on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $135.35.

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.