Twilio Inc. (NYSE:TWLO) Shares Purchased by Bridgewater Associates LP

Bridgewater Associates LP lifted its stake in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 54.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 142,889 shares of the technology company's stock after acquiring an additional 50,260 shares during the period. Bridgewater Associates LP owned 0.09% of Twilio worth $15,443,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership grew 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 valued at $352,640,000 after purchasing an additional 2,864,235 shares during the period. Norges Bank acquired a new stake in Twilio in the 4th quarter worth about $222,146,000. Renaissance Technologies LLC purchased a new stake in Twilio in the 4th quarter valued at about $62,999,000. Schroder Investment Management Group grew its holdings in Twilio by 3,999.9% in the 4th quarter. Schroder Investment Management Group now owns 521,882 shares of the technology company's stock valued at $56,687,000 after buying an additional 509,153 shares during the period. Finally, Los Angeles Capital Management LLC increased its stake in shares of Twilio by 1,267.3% during the 4th quarter. Los Angeles Capital Management LLC now owns 454,435 shares of the technology company's stock valued at $49,115,000 after acquiring an additional 421,199 shares during the last quarter. Institutional investors and hedge funds own 84.27% of the company's stock.

Insider Buying and Selling

In other Twilio news, CFO Aidan Viggiano sold 2,500 shares of the firm's stock in a transaction on Friday, February 21st. The stock was sold at an average price of $117.45, for a total value of $293,625.00. Following the sale, the chief financial officer now directly owns 184,164 shares in the company, valued at approximately $21,630,061.80. This trade represents a 1.34 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Khozema Shipchandler sold 12,056 shares of the stock in a transaction dated 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 sale, the chief executive officer now directly owns 295,134 shares in the company, valued at approximately $28,297,447.92. This trade represents a 3.92 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 23,471 shares of company stock valued at $2,344,149. Insiders own 4.50% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on TWLO. Jefferies Financial Group boosted their target price on shares of Twilio from $105.00 to $145.00 and gave the company a "hold" rating in a report on Friday, February 14th. The Goldman Sachs Group raised Twilio from a "neutral" rating to a "buy" rating and increased their target price for the stock from $77.00 to $185.00 in a research report on Monday, January 27th. Morgan Stanley lowered their price target on Twilio from $160.00 to $111.00 and set an "overweight" rating for the company in a research report on Wednesday, April 16th. Oppenheimer raised their price objective on Twilio from $90.00 to $160.00 and gave the stock an "outperform" rating in a report on Friday, January 24th. Finally, StockNews.com cut Twilio from a "buy" rating to a "hold" rating in a report on Friday, April 11th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $132.13.

Twilio Stock Performance

TWLO traded down $3.42 during trading hours on Monday, hitting $81.55. 329,455 shares of the stock were exchanged, compared to its average volume of 2,631,323. The stock has a market cap of $12.45 billion, a price-to-earnings ratio of -127.42, a price-to-earnings-growth ratio of 4.30 and a beta of 1.50. The stock has a 50-day simple moving average of $103.89 and a 200-day simple moving average of $103.73. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.06 and a quick ratio of 5.06. Twilio Inc. has a 12 month low of $52.51 and a 12 month high of $151.95.

Twilio (NYSE:TWLO - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.99 by ($0.77). The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.19 billion. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. Analysts anticipate that Twilio Inc. will post 1.44 earnings per share 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.