Barclays PLC Acquires 143,020 Shares of Twilio Inc. (NYSE:TWLO)

Barclays PLC increased its holdings in Twilio Inc. (NYSE:TWLO - Free Report) by 139.5% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 245,570 shares of the technology company's stock after purchasing an additional 143,020 shares during the period. Barclays PLC owned approximately 0.14% of Twilio worth $15,624,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of TWLO. Vanguard Group Inc. increased its position in Twilio by 25.6% during the first quarter. Vanguard Group Inc. now owns 13,121,939 shares of the technology company's stock valued at $2,162,627,000 after acquiring an additional 2,678,049 shares during the last quarter. BlackRock Inc. increased its position in Twilio by 2.3% during the first quarter. BlackRock Inc. now owns 11,519,294 shares of the technology company's stock valued at $767,531,000 after acquiring an additional 256,578 shares during the last quarter. FMR LLC increased its position in Twilio by 28.2% during the first quarter. FMR LLC now owns 9,589,225 shares of the technology company's stock valued at $638,930,000 after acquiring an additional 2,109,091 shares during the last quarter. Generation Investment Management LLP increased its position in Twilio by 3.7% during the first quarter. Generation Investment Management LLP now owns 7,556,873 shares of the technology company's stock valued at $503,514,000 after acquiring an additional 270,533 shares during the last quarter. Finally, ARK Investment Management LLC increased its position in Twilio by 12.6% during the second quarter. ARK Investment Management LLC now owns 7,038,184 shares of the technology company's stock valued at $447,769,000 after acquiring an additional 788,183 shares during the last quarter. Institutional investors own 80.87% of the company's stock.

Insiders Place Their Bets

In other news, major shareholder Twilio Inc sold 5,000,000 shares of the company's stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $0.57, for a total transaction of $2,850,000.00. Following the transaction, the insider now owns 5,000,000 shares in the company, valued at $2,850,000. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other news, CFO Aidan Viggiano sold 6,337 shares of the company's stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $57.87, for a total transaction of $366,722.19. Following the transaction, the chief financial officer now owns 184,856 shares in the company, valued at $10,697,616.72. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, major shareholder Twilio Inc sold 5,000,000 shares of the company's stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $0.57, for a total transaction of $2,850,000.00. Following the transaction, the insider now owns 5,000,000 shares in the company, valued at approximately $2,850,000. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 5,014,221 shares of company stock worth $3,664,279. 4.20% of the stock is owned by corporate insiders.

Twilio Stock Performance

Shares of Twilio stock opened at $75.96 on Monday. The company has a market capitalization of $13.75 billion, a PE ratio of -15.92 and a beta of 1.40. The company has a debt-to-equity ratio of 0.10, a quick ratio of 6.53 and a current ratio of 6.53. The company has a 50-day simple moving average of $60.36 and a two-hundred day simple moving average of $61.95. Twilio Inc. has a one year low of $42.78 and a one year high of $79.70.

Twilio (NYSE:TWLO - Get Free Report) last announced its earnings results on Wednesday, November 8th. The technology company reported ($0.29) EPS for the quarter, hitting analysts' consensus estimates of ($0.29). The business had revenue of $1.03 billion during the quarter, compared to the consensus estimate of $985.03 million. Twilio had a negative net margin of 21.44% and a negative return on equity of 3.06%. Research analysts expect that Twilio Inc. will post -0.74 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have weighed in on TWLO shares. Piper Sandler boosted their price objective on shares of Twilio from $68.00 to $69.00 and gave the company a "neutral" rating in a research report on Thursday, November 9th. William Blair reissued an "outperform" rating on shares of Twilio in a research note on Thursday, November 9th. Wells Fargo & Company boosted their target price on shares of Twilio from $60.00 to $70.00 and gave the company an "equal weight" rating in a research note on Tuesday, December 5th. StockNews.com began coverage on shares of Twilio in a research note on Thursday, October 5th. They set a "hold" rating for the company. Finally, Needham & Company LLC boosted their target price on shares of Twilio from $70.00 to $80.00 and gave the company a "buy" rating in a research note on Wednesday, December 13th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Twilio presently has a consensus rating of "Hold" and a consensus price target of $69.73.

Twilio Profile

Twilio Inc, together with its subsidiaries, provides software and communications solutions in the United States and internationally. The company operates cloud communications platform that enables developers to build, scale, and operate customer engagement within software applications. Its customer engagement platform provides a set of application programming interfaces that enable developers to embed voice, messaging, and email interactions into their customer-facing applications.

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