Teachers Advisors LLC grew its holdings in Twilio Inc. (NYSE:TWLO) by 708.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 177,249 shares of the technology company’s stock after purchasing an additional 155,319 shares during the period. Teachers Advisors LLC owned about 0.20% of Twilio worth $5,160,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Thompson Davis & CO. Inc. grew its stake in shares of Twilio by 0.7% in the 2nd quarter. Thompson Davis & CO. Inc. now owns 4,750 shares of the technology company’s stock valued at $138,000 after buying an additional 34 shares in the last quarter. IFP Advisors Inc grew its stake in shares of Twilio by 10.0% in the 2nd quarter. IFP Advisors Inc now owns 5,175 shares of the technology company’s stock valued at $151,000 after buying an additional 469 shares in the last quarter. Pacer Advisors Inc. grew its stake in shares of Twilio by 12.1% in the 2nd quarter. Pacer Advisors Inc. now owns 5,135 shares of the technology company’s stock valued at $149,000 after buying an additional 555 shares in the last quarter. Perigon Wealth Management LLC grew its stake in shares of Twilio by 4.7% in the 1st quarter. Perigon Wealth Management LLC now owns 15,325 shares of the technology company’s stock valued at $442,000 after buying an additional 693 shares in the last quarter. Finally, Marcus Capital LLC grew its stake in shares of Twilio by 1.5% in the 2nd quarter. Marcus Capital LLC now owns 116,700 shares of the technology company’s stock valued at $3,397,000 after buying an additional 1,700 shares in the last quarter. Institutional investors own 58.11% of the company’s stock.
Several equities research analysts recently commented on the company. Goldman Sachs Group, Inc. (The) reissued a “sell” rating and issued a $33.00 price target (up previously from $30.00) on shares of Twilio in a research note on Wednesday, August 9th. Drexel Hamilton reissued a “buy” rating and issued a $47.00 price target (up previously from $44.00) on shares of Twilio in a research note on Wednesday, August 9th. BidaskClub raised Twilio from a “hold” rating to a “buy” rating in a research note on Thursday, October 5th. Oppenheimer Holdings, Inc. reissued a “buy” rating and issued a $38.00 price target on shares of Twilio in a research note on Monday, September 18th. Finally, KeyCorp reissued a “hold” rating on shares of Twilio in a research note on Tuesday, September 19th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $37.68.
Shares of Twilio Inc. (TWLO) opened at 32.13 on Wednesday. The firm’s 50-day moving average price is $30.72 and its 200-day moving average price is $30.72. The company’s market cap is $2.95 billion. Twilio Inc. has a 12 month low of $25.98 and a 12 month high of $53.59.
Twilio (NYSE:TWLO) last posted its quarterly earnings results on Monday, August 7th. The technology company reported ($0.20) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.20). The firm had revenue of $95.90 million for the quarter, compared to analyst estimates of $86.28 million. Twilio had a negative return on equity of 15.40% and a negative net margin of 13.42%. The business’s quarterly revenue was up 48.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.08) EPS. Equities analysts predict that Twilio Inc. will post ($0.22) EPS for the current fiscal year.
In other Twilio news, Director Richard L. Dalzell sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, July 13th. The stock was sold at an average price of $30.01, for a total transaction of $75,025.00. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, General Counsel Karyn Smith sold 5,213 shares of the business’s stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $31.23, for a total value of $162,801.99. The disclosure for this sale can be found here. Insiders have sold a total of 61,348 shares of company stock worth $1,873,873 in the last ninety days.
Twilio Inc offers Cloud Communications Platform, which enables developers to build, scale and operate real-time communications within software applications. The Company’s platform consists of Programmable Communications Cloud, Super Network and Business Model for Innovators. Its Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities into their applications through its Application Programming Interfaces (APIs).
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