Calamos Wealth Management LLC boosted its position in Twilio Inc (NYSE:TWLO) by 0.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,327 shares of the technology company’s stock after buying an additional 119 shares during the period. Calamos Wealth Management LLC’s holdings in Twilio were worth $5,080,000 at the end of the most recent quarter.
A number of other institutional investors have also recently modified their holdings of TWLO. Oppenheimer & Co. Inc. boosted its stake in shares of Twilio by 83.1% in the 4th quarter. Oppenheimer & Co. Inc. now owns 14,629 shares of the technology company’s stock worth $1,306,000 after buying an additional 6,639 shares during the last quarter. Nisa Investment Advisors LLC purchased a new position in shares of Twilio in the 4th quarter worth approximately $71,000. Victory Capital Management Inc. boosted its stake in shares of Twilio by 168.0% in the 4th quarter. Victory Capital Management Inc. now owns 560,670 shares of the technology company’s stock worth $50,068,000 after buying an additional 351,440 shares during the last quarter. Westfield Capital Management Co. LP purchased a new position in shares of Twilio in the 4th quarter worth approximately $28,234,000. Finally, Berkshire Capital Holdings Inc. boosted its stake in shares of Twilio by 15.5% in the 4th quarter. Berkshire Capital Holdings Inc. now owns 135,150 shares of the technology company’s stock worth $12,069,000 after buying an additional 18,170 shares during the last quarter. 57.37% of the stock is owned by institutional investors and hedge funds.
Several equities analysts recently commented on TWLO shares. Zacks Investment Research downgraded Twilio from a “buy” rating to a “hold” rating in a research note on Saturday, January 5th. KeyCorp reiterated an “overweight” rating and issued a $114.00 price objective (up previously from $103.00) on shares of Twilio in a research note on Tuesday, January 8th. Robert W. Baird reiterated an “outperform” rating and issued a $134.00 price objective (up previously from $105.00) on shares of Twilio in a research note on Friday, February 1st. Bank of America reiterated a “buy” rating and issued a $125.00 price objective (up previously from $92.00) on shares of Twilio in a research note on Thursday, February 7th. Finally, reiterated an “outperform” rating and issued a $125.00 price objective (up previously from $110.00) on shares of Twilio in a research note on Wednesday, February 13th. Three research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $138.36.
Shares of NYSE:TWLO traded down $1.07 during trading on Friday, hitting $130.87. 3,791,558 shares of the company were exchanged, compared to its average volume of 4,243,650. The company has a market cap of $16.17 billion, a P/E ratio of -163.59 and a beta of 1.32. Twilio Inc has a 52-week low of $43.00 and a 52-week high of $142.20. The company has a debt-to-equity ratio of 0.99, a current ratio of 6.33 and a quick ratio of 6.33.
Twilio (NYSE:TWLO) last posted its earnings results on Tuesday, April 30th. The technology company reported ($0.39) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by ($0.40). The company had revenue of $233.00 million for the quarter, compared to analysts’ expectations of $223.45 million. Twilio had a negative return on equity of 25.32% and a negative net margin of 17.87%. The company’s revenue was up 80.5% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.04) EPS. On average, analysts expect that Twilio Inc will post -1.08 earnings per share for the current fiscal year.
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Twilio Inc provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications in the United States and internationally. The company's programmable communications cloud provides a set of application programming interfaces that enable developers to embed voice, messaging, and video capabilities into their applications.
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