Robeco Institutional Asset Management B.V. Has $87.83 Million Holdings in Twilio Inc. (NYSE:TWLO)

Robeco Institutional Asset Management B.V. increased its position in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 4.6% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 897,041 shares of the technology company's stock after buying an additional 39,518 shares during the period. Robeco Institutional Asset Management B.V. owned 0.59% of Twilio worth $87,829,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in TWLO. Brighton Jones LLC lifted its holdings in Twilio by 6.6% during the 4th quarter. Brighton Jones LLC now owns 10,051 shares of the technology company's stock worth $1,086,000 after purchasing an additional 623 shares during the last quarter. Truist Financial Corp lifted its holdings in shares of Twilio by 141.5% during the fourth quarter. Truist Financial Corp now owns 17,834 shares of the technology company's stock worth $1,927,000 after buying an additional 10,448 shares in the last quarter. Atria Wealth Solutions Inc. bought a new stake in shares of Twilio in the fourth quarter valued at about $223,000. Global Retirement Partners LLC boosted its position in shares of Twilio by 129.7% in the fourth quarter. Global Retirement Partners LLC now owns 1,383 shares of the technology company's stock valued at $149,000 after acquiring an additional 781 shares during the period. Finally, IFP Advisors Inc grew its stake in shares of Twilio by 300.5% in the fourth quarter. IFP Advisors Inc now owns 1,754 shares of the technology company's stock valued at $190,000 after acquiring an additional 1,316 shares in the last quarter. 84.27% of the stock is owned by institutional investors.

Insider Transactions at Twilio

In other Twilio news, Director Erika Rottenberg sold 4,100 shares of the stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $120.03, for a total transaction of $492,123.00. Following the completion of the sale, the director now owns 33,488 shares of the company's stock, valued at approximately $4,019,564.64. This represents a 10.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Khozema Shipchandler sold 12,056 shares of the business'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 completion of the transaction, the chief executive officer now owns 295,134 shares in the company, valued at $28,297,447.92. This trade represents a 3.92% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 48,884 shares of company stock worth $4,719,065. Company insiders own 0.21% of the company's stock.

Wall Street Analyst Weigh In

TWLO has been the subject of several analyst reports. HSBC upgraded shares of Twilio from a "reduce" rating to a "hold" rating and lifted their price objective for the stock from $77.00 to $99.00 in a research note on Monday, May 5th. Scotiabank boosted their price target on Twilio from $130.00 to $135.00 and gave the company a "sector outperform" rating in a research note on Friday, May 2nd. UBS Group lowered their price objective on Twilio from $175.00 to $150.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. Wells Fargo & Company cut their target price 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, KeyCorp started coverage on Twilio in a research report on Friday, June 6th. They issued an "overweight" rating and a $146.00 price target on the stock. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $126.39.

Twilio Price Performance

Twilio stock opened at $121.49 on Friday. The stock has a 50-day moving average price of $110.28 and a two-hundred day moving average price of $111.42. Twilio Inc. has a 12 month low of $55.00 and a 12 month high of $151.95. The company has a market capitalization of $18.55 billion, a PE ratio of -578.51, a P/E/G ratio of 3.73 and a beta of 1.30. The company has a current ratio of 4.78, a quick ratio of 4.78 and a debt-to-equity ratio of 0.12.

Twilio (NYSE:TWLO - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The technology company reported $1.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.92 by $0.22. Twilio had a negative net margin of 0.74% and a positive return on equity of 2.25%. The business had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.14 billion. During the same quarter last year, the business earned $0.80 EPS. The firm's quarterly revenue was up 12.0% on a year-over-year basis. Analysts expect that Twilio Inc. will post 1.44 EPS for the current 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.

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