111 Capital Invests $232,000 in Twilio Inc. (NYSE:TWLO)

111 Capital bought a new stake in shares of Twilio Inc. (NYSE:TWLO - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,151 shares of the technology company's stock, valued at approximately $232,000.

A number of other large investors have also recently added to or reduced their stakes in TWLO. Arrowstreet Capital Limited Partnership boosted its position in shares of Twilio by 718.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,262,765 shares of the technology company's stock worth $352,640,000 after buying an additional 2,864,235 shares during the period. Jericho Capital Asset Management L.P. purchased a new stake in Twilio in the 4th quarter worth about $301,258,000. Norges Bank acquired a new stake in Twilio during the 4th quarter worth about $222,146,000. Two Sigma Investments LP grew its stake in Twilio by 1,292.9% during the 4th quarter. Two Sigma Investments LP now owns 1,129,725 shares of the technology company's stock valued at $122,101,000 after acquiring an additional 1,048,619 shares in the last quarter. Finally, Whale Rock Capital Management LLC acquired a new position in shares of Twilio in the 4th quarter valued at about $111,312,000. 84.27% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently commented on TWLO shares. UBS Group decreased their price target on shares of Twilio from $175.00 to $150.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Royal Bank of Canada restated an "underperform" rating and set a $75.00 price target on shares of Twilio in a report on Wednesday, March 19th. William Blair reaffirmed an "outperform" rating on shares of Twilio in a research note on Friday, February 14th. Wells Fargo & Company reduced their price objective on Twilio from $160.00 to $120.00 and set an "overweight" rating for the company in a research report on Tuesday, April 22nd. Finally, HSBC raised Twilio from a "reduce" rating to a "hold" rating and upped their target price for the stock from $77.00 to $99.00 in a research report on Monday, May 5th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $124.41.

Insider Buying and Selling at Twilio

In related news, CFO Aidan Viggiano sold 1,924 shares of the firm's stock in a transaction on Thursday, May 15th. The stock was sold at an average price of $112.75, for a total value of $216,931.00. Following the completion of the transaction, the chief financial officer now directly owns 165,982 shares of the company's stock, valued at $18,714,470.50. This trade represents a 1.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Khozema Shipchandler sold 14,545 shares of the company's stock in a transaction that occurred on Thursday, April 3rd. The shares were sold at an average price of $91.61, for a total value of $1,332,467.45. Following the completion of the sale, the chief executive officer now owns 280,589 shares in the company, valued at approximately $25,704,758.29. This represents a 4.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 44,784 shares of company stock valued at $4,226,942 in the last quarter. Corporate insiders own 0.21% of the company's stock.

Twilio Stock Performance

Shares of TWLO traded down $2.10 during mid-day trading on Tuesday, hitting $117.50. The company's stock had a trading volume of 2,813,149 shares, compared to its average volume of 2,680,064. The stock's 50-day moving average is $99.99 and its two-hundred day moving average is $109.78. The firm has a market capitalization of $17.93 billion, a PE ratio of -183.59, a price-to-earnings-growth ratio of 4.30 and a beta of 1.44. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06. Twilio Inc. has a one year low of $52.51 and a one year high of $151.95.

Twilio (NYSE:TWLO - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The technology company reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.22. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.14 billion. Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. The business's quarterly revenue was up 12.0% on a year-over-year basis. During the same period last year, the business posted $0.80 EPS. As a group, sell-side analysts anticipate that Twilio Inc. will post 1.44 EPS for the current year.

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.