Twilio Inc. (NYSE:TWLO) Shares Purchased by Point72 Asia Singapore Pte. Ltd.

Point72 Asia Singapore Pte. Ltd. boosted its position in shares of Twilio Inc. (NYSE:TWLO) by 52.1% during the 4th quarter, Holdings Channel reports. The institutional investor owned 15,494 shares of the technology company’s stock after acquiring an additional 5,306 shares during the period. Point72 Asia Singapore Pte. Ltd.’s holdings in Twilio were worth $1,675,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ritholtz Wealth Management acquired a new stake in shares of Twilio during the 4th quarter valued at about $344,000. Bleakley Financial Group LLC purchased a new position in Twilio during the fourth quarter worth approximately $230,000. Aigen Investment Management LP boosted its position in Twilio by 81.6% during the fourth quarter. Aigen Investment Management LP now owns 11,546 shares of the technology company’s stock worth $1,248,000 after purchasing an additional 5,188 shares in the last quarter. Highland Capital Management LLC purchased a new stake in shares of Twilio in the fourth quarter valued at approximately $912,000. Finally, Moloney Securities Asset Management LLC purchased a new stake in shares of Twilio in the fourth quarter valued at approximately $860,000. Hedge funds and other institutional investors own 84.27% of the company’s stock.

Insider Buying and Selling

In related news, CEO Khozema Shipchandler sold 12,056 shares of the company’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 transaction of $1,155,929.28. Following the sale, the chief executive officer now directly owns 295,134 shares of the company’s stock, valued at $28,297,447.92. This represents a 3.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Aidan Viggiano sold 1,391 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $124.51, for a total transaction of $173,193.41. Following the sale, the chief financial officer now owns 152,519 shares in the company, valued at approximately $18,990,140.69. This trade represents a 0.90% decrease in their ownership of the stock. 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. Corporate insiders own 0.21% of the company’s stock.

Twilio Stock Performance

Shares of TWLO stock opened at $114.16 on Thursday. Twilio Inc. has a one year low of $52.51 and a one year high of $151.95. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06. The firm’s 50 day moving average price is $96.15 and its 200-day moving average price is $106.90. The firm has a market cap of $17.42 billion, a P/E ratio of -178.38, a P/E/G ratio of 4.30 and a beta of 1.44.

Twilio (NYSE:TWLO) last released its quarterly earnings results on Thursday, May 1st. The technology company reported $1.14 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.22. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. The company had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.14 billion. During the same period in the prior year, the firm earned $0.80 earnings per share. The firm’s revenue was up 12.0% compared to the same quarter last year. As a group, equities research analysts predict that Twilio Inc. will post 1.44 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Needham & Company LLC dropped their price target on shares of Twilio from $165.00 to $125.00 and set a “buy” rating on the stock in a research note on Tuesday, April 29th. Stifel Nicolaus boosted their price target on Twilio from $130.00 to $135.00 and gave the stock a “hold” rating in a research report on Friday, February 14th. HSBC raised shares of Twilio from a “reduce” rating to a “hold” rating and raised their target price for the stock from $77.00 to $99.00 in a research note on Monday, May 5th. Tigress Financial restated a “buy” rating and issued a $170.00 price target on shares of Twilio in a research report on Thursday, May 8th. Finally, JMP Securities reiterated a “market outperform” rating and set a $165.00 price objective on shares of Twilio in a research report on Tuesday, April 29th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Twilio has a consensus rating of “Moderate Buy” and a consensus price target of $124.41.

Twilio 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.