Clayton Partners LLC Buys 9,570 Shares of Twilio Inc. (NYSE:TWLO)

Clayton Partners LLC boosted its stake in shares of Twilio Inc. (NYSE:TWLO) by 19.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 58,178 shares of the technology company’s stock after buying an additional 9,570 shares during the quarter. Twilio makes up approximately 4.4% of Clayton Partners LLC’s portfolio, making the stock its 6th biggest position. Clayton Partners LLC’s holdings in Twilio were worth $6,288,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of TWLO. FMR LLC lifted its stake in shares of Twilio by 0.8% in the 3rd quarter. FMR LLC now owns 9,206,488 shares of the technology company’s stock valued at $600,447,000 after purchasing an additional 77,436 shares during the period. Pacer Advisors Inc. lifted its stake in shares of Twilio by 18.3% in the 3rd quarter. Pacer Advisors Inc. now owns 2,867,623 shares of the technology company’s stock valued at $187,026,000 after purchasing an additional 444,295 shares during the period. Geode Capital Management LLC lifted its stake in shares of Twilio by 1.3% in the 3rd quarter. Geode Capital Management LLC now owns 2,724,406 shares of the technology company’s stock valued at $177,622,000 after purchasing an additional 33,824 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of Twilio by 11.0% in the 4th quarter. Bank of New York Mellon Corp now owns 1,009,028 shares of the technology company’s stock valued at $109,056,000 after purchasing an additional 99,786 shares during the period. Finally, Jacobs Levy Equity Management Inc. lifted its stake in shares of Twilio by 0.5% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 866,921 shares of the technology company’s stock valued at $56,541,000 after purchasing an additional 4,061 shares during the period. 84.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of analysts recently commented on TWLO shares. Baird R W raised Twilio from a “hold” rating to a “strong-buy” rating in a research report on Friday, January 24th. Oppenheimer boosted their target price on Twilio from $90.00 to $160.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Royal Bank of Canada reaffirmed an “underperform” rating and issued a $50.00 target price on shares of Twilio in a research report on Tuesday, January 21st. StockNews.com raised Twilio from a “hold” rating to a “buy” rating in a research report on Friday. Finally, Tigress Financial boosted their target price on Twilio from $135.00 to $170.00 and gave the company a “buy” rating in a research report on Tuesday, February 25th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $134.26.

Insider Transactions at Twilio

In other news, CFO Aidan Viggiano sold 2,500 shares of the firm’s stock in a transaction on Friday, February 21st. The stock was sold at an average price of $117.45, for a total value of $293,625.00. Following the completion of the transaction, the chief financial officer now directly owns 184,164 shares of the company’s stock, valued at $21,630,061.80. This trade represents a 1.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Khozema Shipchandler sold 10,834 shares of the firm’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $113.58, for a total value of $1,230,525.72. Following the completion of the transaction, the chief executive officer now directly owns 244,971 shares of the company’s stock, valued at $27,823,806.18. The trade was a 4.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 21,277 shares of company stock valued at $2,441,324 over the last three months. Company insiders own 4.50% of the company’s stock.

Twilio Price Performance

Shares of NYSE TWLO opened at $98.90 on Friday. The stock has a fifty day simple moving average of $122.22 and a two-hundred day simple moving average of $97.75. Twilio Inc. has a 1-year low of $52.51 and a 1-year high of $151.95. The firm has a market cap of $15.10 billion, a price-to-earnings ratio of -154.53, a price-to-earnings-growth ratio of 4.30 and a beta of 1.47. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12.

Twilio (NYSE:TWLO) last announced its quarterly earnings data 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 the consensus estimate of $1.19 billion. Analysts anticipate that Twilio Inc. will post 1.44 earnings per share for the current year.

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.