Farringdon Capital Ltd. Makes New $309,000 Investment in Twilio Inc. (NYSE:TWLO)

Farringdon Capital Ltd. acquired a new stake in Twilio Inc. (NYSE:TWLO) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 2,860 shares of the technology company’s stock, valued at approximately $309,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Zacks Investment Management boosted its position in shares of Twilio by 211.0% in the 4th quarter. Zacks Investment Management now owns 161,472 shares of the technology company’s stock valued at $17,452,000 after purchasing an additional 109,556 shares during the period. Marshall Wace LLP boosted its holdings in shares of Twilio by 337.0% in the fourth quarter. Marshall Wace LLP now owns 510,778 shares of the technology company’s stock valued at $55,205,000 after acquiring an additional 393,892 shares during the period. Brandywine Managers LLC purchased a new position in shares of Twilio during the fourth quarter worth approximately $255,000. NewEdge Advisors LLC increased its holdings in shares of Twilio by 2,648.1% in the 4th quarter. NewEdge Advisors LLC now owns 7,310 shares of the technology company’s stock valued at $790,000 after acquiring an additional 7,044 shares during the period. Finally, Jump Financial LLC purchased a new stake in Twilio in the 4th quarter valued at $788,000. 84.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on TWLO shares. Oppenheimer upped their price target on Twilio from $90.00 to $160.00 and gave the stock an “outperform” rating in a research note on Friday, January 24th. Morgan Stanley reduced their target price on shares of Twilio from $160.00 to $111.00 and set an “overweight” rating for the company in a research note on Wednesday. Jefferies Financial Group increased their price target on shares of Twilio from $105.00 to $145.00 and gave the stock a “hold” rating in a report on Friday, February 14th. Barclays lifted their price objective on Twilio from $120.00 to $140.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Finally, Tigress Financial increased their target price on Twilio from $135.00 to $170.00 and gave the stock a “buy” rating in a research note on Tuesday, February 25th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $132.13.

Twilio Stock Down 1.2 %

Shares of NYSE:TWLO opened at $84.76 on Friday. The company has a market capitalization of $12.94 billion, a P/E ratio of -132.43, a P/E/G ratio of 4.30 and a beta of 1.50. The stock’s fifty day simple moving average is $103.89 and its 200-day simple moving average is $103.22. Twilio Inc. has a 52-week low of $52.51 and a 52-week high of $151.95. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12.

Twilio (NYSE:TWLO) last released its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.77). The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.19 billion. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. As a group, equities research analysts forecast that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CFO Aidan Viggiano sold 7,524 shares of the business’s stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of $95.88, for a total value of $721,401.12. Following the completion of the sale, the chief financial officer now directly owns 176,640 shares in the company, valued at approximately $16,936,243.20. The trade was a 4.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Khozema Shipchandler sold 12,056 shares of the 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 transaction, the chief executive officer now directly owns 295,134 shares in the company, valued at approximately $28,297,447.92. This represents a 3.92 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 23,471 shares of company stock valued at $2,344,149. Company insiders own 4.50% of the company’s stock.

About Twilio

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.