Polianta Ltd Makes New Investment in Twilio Inc. (NYSE:TWLO)

Polianta Ltd purchased a new position in Twilio Inc. (NYSE:TWLO - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 10,800 shares of the technology company's stock, valued at approximately $1,057,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in shares of Twilio by 6.6% during the fourth quarter. Brighton Jones LLC now owns 10,051 shares of the technology company's stock valued at $1,086,000 after acquiring an additional 623 shares during the period. Yousif Capital Management LLC bought a new stake in Twilio in the 4th quarter valued at about $233,000. Bleakley Financial Group LLC acquired a new position in Twilio during the 4th quarter valued at about $230,000. Apollon Wealth Management LLC bought a new position in Twilio in the 4th quarter worth approximately $290,000. Finally, Kingsview Wealth Management LLC acquired a new position in shares of Twilio during the fourth quarter valued at $283,000. Institutional investors and hedge funds own 84.27% of the company's stock.

Insider Buying and Selling at Twilio

In other Twilio news, Director Erika Rottenberg sold 4,100 shares of the company's stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $120.03, for a total transaction of $492,123.00. Following the sale, the director now directly owns 33,488 shares of the company's stock, valued at approximately $4,019,564.64. This represents a 10.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Khozema Shipchandler sold 12,056 shares of the firm's stock in a transaction that occurred on Monday, March 31st. The stock was sold at an average price of $95.88, for a total transaction of $1,155,929.28. Following the sale, the chief executive officer now directly owns 295,134 shares of the company's stock, valued at approximately $28,297,447.92. The trade was a 3.92% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 48,884 shares of company stock valued at $4,719,065. 0.21% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts recently commented on TWLO shares. The Goldman Sachs Group boosted their target price on Twilio from $130.00 to $145.00 and gave the stock a "buy" rating in a report on Friday, May 2nd. Barclays upped their price objective on shares of Twilio from $120.00 to $140.00 and gave the company an "equal weight" rating in a research note on Friday, February 14th. Jefferies Financial Group lowered their price target on Twilio from $145.00 to $108.00 and set a "hold" rating on the stock in a report on Monday, April 28th. Robert W. Baird decreased their target price on shares of Twilio from $160.00 to $130.00 and set an "outperform" rating for the company in a research note on Wednesday, April 30th. Finally, William Blair restated an "outperform" rating on shares of Twilio in a report on Friday, February 14th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Twilio currently has an average rating of "Moderate Buy" and a consensus price target of $125.35.

Twilio Price Performance

NYSE:TWLO traded down $2.50 during mid-day trading on Friday, hitting $113.31. The company's stock had a trading volume of 1,976,321 shares, compared to its average volume of 2,671,876. The company has a market capitalization of $17.30 billion, a price-to-earnings ratio of -177.04, a P/E/G ratio of 4.30 and a beta of 1.30. 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 Inc. has a fifty-two week low of $52.51 and a fifty-two week high of $151.95. The stock has a fifty day moving average of $104.02 and a 200-day moving average of $110.70.

Twilio (NYSE:TWLO - Get Free Report) last issued its earnings results on Thursday, May 1st. The technology company reported $1.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.92 by $0.22. The business had revenue of $1.17 billion during 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%. Twilio's quarterly revenue was up 12.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.80 EPS. As a group, equities analysts forecast that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Twilio Company 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.