Aware Super Pty Ltd as trustee of Aware Super Makes New Investment in Twilio Inc. (NYSE:TWLO)

Aware Super Pty Ltd as trustee of Aware Super acquired a new stake in shares of Twilio Inc. (NYSE:TWLO) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 285,793 shares of the technology company’s stock, valued at approximately $30,889,000. Aware Super Pty Ltd as trustee of Aware Super owned about 0.19% of Twilio at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. XTX Topco Ltd acquired a new position in shares of Twilio in the fourth quarter valued at about $539,000. CreativeOne Wealth LLC purchased a new stake in Twilio in the fourth quarter valued at approximately $365,000. Mariner LLC increased its holdings in Twilio by 0.7% in the 4th quarter. Mariner LLC now owns 46,995 shares of the technology company’s stock worth $5,079,000 after buying an additional 345 shares during the period. Rockefeller Capital Management L.P. raised its position in Twilio by 28.9% during the 4th quarter. Rockefeller Capital Management L.P. now owns 13,915 shares of the technology company’s stock worth $1,504,000 after buying an additional 3,117 shares during the last quarter. Finally, Sterling Capital Management LLC lifted its stake in Twilio by 30.7% during the 4th quarter. Sterling Capital Management LLC now owns 7,778 shares of the technology company’s stock valued at $841,000 after acquiring an additional 1,826 shares during the period. 84.27% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently issued reports on TWLO shares. Jefferies Financial Group raised their target price on shares of Twilio from $105.00 to $145.00 and gave the stock a “hold” rating in a report on Friday, February 14th. William Blair reiterated an “outperform” rating on shares of Twilio in a research note on Friday, February 14th. UBS Group upped their target price on Twilio from $145.00 to $175.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Royal Bank of Canada reiterated an “underperform” rating and set a $75.00 price target on shares of Twilio in a research report on Wednesday, March 19th. Finally, Piper Sandler restated an “overweight” rating and issued a $142.00 price objective (up previously from $94.00) on shares of Twilio in a research report on Friday, January 24th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $135.35.

Twilio Stock Performance

Shares of Twilio stock opened at $86.81 on Monday. 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 business’s 50 day moving average price is $109.84 and its 200 day moving average price is $103.01. The company has a market cap of $13.25 billion, a price-to-earnings ratio of -135.64, a PEG ratio of 4.30 and a beta of 1.50. Twilio Inc. has a one year low of $52.51 and a one year high of $151.95.

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

Insider Activity

In related news, CEO Khozema Shipchandler sold 12,056 shares of the business’s stock in a transaction dated Monday, March 31st. The shares were sold at an average price of $95.88, for a total value of $1,155,929.28. Following the sale, the chief executive officer now directly owns 295,134 shares in the company, valued at approximately $28,297,447.92. The trade was a 3.92 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Aidan Viggiano sold 1,391 shares of the company’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $124.51, for a total transaction of $173,193.41. Following the completion of the transaction, the chief financial officer now directly owns 152,519 shares in the company, valued at $18,990,140.69. The trade was a 0.90 % 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. 4.50% of the stock is currently owned by company insiders.

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.