Cache Advisors LLC Takes Position in Twilio Inc. (NYSE:TWLO)

Cache Advisors LLC bought a new stake in shares of Twilio Inc. (NYSE:TWLO - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 3,415 shares of the technology company's stock, valued at approximately $369,000.

Other large investors have also recently bought and sold shares of the company. M&T Bank Corp lifted its stake in shares of Twilio by 1.0% during the 4th quarter. M&T Bank Corp now owns 8,727 shares of the technology company's stock worth $943,000 after purchasing an additional 85 shares during the period. Allworth Financial LP raised its position in shares of Twilio by 6.9% in the 4th quarter. Allworth Financial LP now owns 1,465 shares of the technology company's stock worth $165,000 after buying an additional 94 shares during the period. GHP Investment Advisors Inc. raised its position in shares of Twilio by 10.4% in the 4th quarter. GHP Investment Advisors Inc. now owns 1,107 shares of the technology company's stock worth $120,000 after buying an additional 104 shares during the period. Freestone Capital Holdings LLC raised its position in shares of Twilio by 3.3% in the 4th quarter. Freestone Capital Holdings LLC now owns 3,918 shares of the technology company's stock worth $423,000 after buying an additional 124 shares during the period. Finally, Harbour Investments Inc. raised its position in Twilio by 3.4% in the fourth quarter. Harbour Investments Inc. now owns 4,061 shares of the technology company's stock valued at $439,000 after purchasing an additional 135 shares during the period. Institutional investors and hedge funds own 84.27% of the company's stock.

Insiders Place Their Bets

In other Twilio news, CFO Aidan Viggiano sold 7,524 shares of Twilio stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of $95.88, for a total transaction of $721,401.12. Following the transaction, the chief financial officer now directly owns 176,640 shares in the company, valued at approximately $16,936,243.20. The trade was a 4.09% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Khozema Shipchandler sold 14,545 shares of Twilio stock in a transaction that occurred on Thursday, April 3rd. The stock was sold at an average price of $91.61, for a total transaction of $1,332,467.45. Following the transaction, the chief executive officer now owns 280,589 shares in the company, valued at approximately $25,704,758.29. The trade was a 4.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 44,784 shares of company stock worth $4,226,942. Corporate insiders own 4.50% of the company's stock.

Twilio Price Performance

Shares of NYSE TWLO traded down $0.82 during trading on Thursday, hitting $117.06. The company had a trading volume of 1,125,565 shares, compared to its average volume of 2,678,814. The company has a market cap of $17.87 billion, a P/E ratio of -182.89, a PEG ratio of 4.30 and a beta of 1.44. Twilio Inc. has a 52 week low of $52.51 and a 52 week high of $151.95. The business's 50-day moving average is $99.22 and its 200 day moving average is $109.16. 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 (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, beating the consensus estimate of $0.92 by $0.22. The company had revenue of $1.17 billion for the quarter, compared to analysts' expectations of $1.14 billion. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. The firm's revenue was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.80 earnings per share. Equities research analysts predict that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have commented on TWLO. HSBC raised Twilio from a "reduce" rating to a "hold" rating and raised their price objective for the company from $77.00 to $99.00 in a research report on Monday, May 5th. Jefferies Financial Group lowered their price objective on Twilio from $145.00 to $108.00 and set a "hold" rating for the company in a report on Monday, April 28th. Stifel Nicolaus boosted their price objective on Twilio from $130.00 to $135.00 and gave the company a "hold" rating in a report on Friday, February 14th. JMP Securities reissued a "market outperform" rating and issued a $165.00 price objective on shares of Twilio in a report on Tuesday, April 29th. Finally, Barclays lifted their target price 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 research analyst has rated the stock with a sell rating, seven have given a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $124.41.

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.