Twilio Inc (NYSE:TWLO) Position Boosted by Quantitative Systematic Strategies LLC

Quantitative Systematic Strategies LLC grew its position in Twilio Inc (NYSE:TWLO) by 25.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,974 shares of the technology company’s stock after purchasing an additional 612 shares during the quarter. Quantitative Systematic Strategies LLC’s holdings in Twilio were worth $384,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in TWLO. Adirondack Trust Co. lifted its position in Twilio by 625.0% during the 4th quarter. Adirondack Trust Co. now owns 348 shares of the technology company’s stock worth $31,000 after buying an additional 300 shares in the last quarter. Parallel Advisors LLC lifted its position in Twilio by 300.0% during the 4th quarter. Parallel Advisors LLC now owns 400 shares of the technology company’s stock worth $35,000 after buying an additional 300 shares in the last quarter. Brasada Capital Management LP acquired a new position in Twilio during the 4th quarter worth about $45,000. TCI Wealth Advisors Inc. lifted its position in Twilio by 261.0% during the 1st quarter. TCI Wealth Advisors Inc. now owns 361 shares of the technology company’s stock worth $47,000 after buying an additional 261 shares in the last quarter. Finally, Signet Investment Advisory Group Inc. acquired a new position in Twilio during the 4th quarter worth about $53,000. 57.69% of the stock is currently owned by institutional investors.

Several research analysts recently issued reports on TWLO shares. Argus upped their price target on shares of Twilio to $125.00 and gave the stock a “buy” rating in a research report on Thursday, February 14th. Guggenheim started coverage on shares of Twilio in a research report on Monday, March 11th. They set a “buy” rating and a $140.00 price target on the stock. Stephens began coverage on shares of Twilio in a research report on Monday, April 1st. They set a “hold” rating and a $110.00 price target on the stock. Morgan Stanley began coverage on Twilio in a report on Friday, March 15th. They set an “equal weight” rating and a $130.00 price objective for the company. Finally, Robert W. Baird reissued an “outperform” rating and set a $134.00 price objective (up from $105.00) on shares of Twilio in a report on Friday, February 1st. Three equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $138.36.

Shares of TWLO stock traded up $1.15 on Friday, reaching $134.28. The company had a trading volume of 4,761,221 shares, compared to its average volume of 3,834,064. Twilio Inc has a 12 month low of $50.57 and a 12 month 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. The stock has a market cap of $16.45 billion, a PE ratio of -167.85 and a beta of 1.31.

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 analysts’ consensus estimates of $0.01 by ($0.40). Twilio had a negative return on equity of 25.32% and a negative net margin of 17.87%. The business had revenue of $233.00 million for the quarter, compared to the consensus estimate of $223.45 million. During the same period in the previous year, the company posted ($0.04) earnings per share. Twilio’s revenue for the quarter was up 80.5% compared to the same quarter last year. As a group, research analysts anticipate that Twilio Inc will post -1.4 earnings per share for the current year.

In other Twilio news, General Counsel Karyn Smith sold 24,460 shares of the company’s stock in a transaction that occurred on Monday, April 22nd. The stock was sold at an average price of $125.71, for a total transaction of $3,074,866.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Erika Rottenberg sold 808 shares of the company’s stock in a transaction that occurred on Friday, February 15th. The stock was sold at an average price of $106.22, for a total value of $85,825.76. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 126,847 shares of company stock valued at $15,583,124. Insiders own 19.80% of the company’s stock.

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Twilio Profile

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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Institutional Ownership by Quarter for Twilio (NYSE:TWLO)

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