Semanteon Capital Management LP Invests $541,000 in Twilio Inc. (NYSE:TWLO)

Semanteon Capital Management LP bought a new position in shares of Twilio Inc. (NYSE:TWLO) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 5,009 shares of the technology company’s stock, valued at approximately $541,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Victory Capital Management Inc. raised its holdings in shares of Twilio by 41.8% in the third quarter. Victory Capital Management Inc. now owns 38,903 shares of the technology company’s stock valued at $2,537,000 after acquiring an additional 11,472 shares in the last quarter. CIBC Asset Management Inc raised its holdings in shares of Twilio by 5.3% in the third quarter. CIBC Asset Management Inc now owns 6,421 shares of the technology company’s stock valued at $419,000 after acquiring an additional 325 shares in the last quarter. Thrivent Financial for Lutherans bought a new stake in shares of Twilio in the third quarter valued at about $253,000. Caprock Group LLC raised its holdings in shares of Twilio by 152.2% in the third quarter. Caprock Group LLC now owns 11,038 shares of the technology company’s stock valued at $720,000 after acquiring an additional 6,661 shares in the last quarter. Finally, Banque Cantonale Vaudoise bought a new stake in shares of Twilio in the third quarter valued at about $280,000. 84.27% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Twilio

In other news, CFO Aidan Viggiano sold 2,500 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $117.45, for a total transaction 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 represents a 1.34 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Khozema Shipchandler sold 10,834 shares of the company’s stock in a transaction that occurred 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 transaction, the chief executive officer now directly owns 244,971 shares of the company’s stock, valued at approximately $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. Over the last ninety days, insiders sold 21,277 shares of company stock valued at $2,441,324. 4.50% of the stock is owned by company insiders.

Twilio Trading Up 1.6 %

Shares of NYSE:TWLO opened at $103.44 on Friday. Twilio Inc. has a 12-month low of $52.51 and a 12-month high of $151.95. The company has a market capitalization of $15.79 billion, a PE ratio of -161.62, a PEG ratio of 4.30 and a beta of 1.47. The business has a 50 day moving average of $121.32 and a two-hundred day moving average of $98.86. 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 results on Thursday, February 13th. The technology company reported $0.22 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 company had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.19 billion. As a group, analysts forecast that Twilio Inc. will post 1.44 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Monness Crespi & Hardt lifted their target price on Twilio from $135.00 to $152.00 and gave the company a “buy” rating in a research note on Monday, January 27th. Piper Sandler reiterated an “overweight” rating and issued a $142.00 target price (up previously from $94.00) on shares of Twilio in a research note on Friday, January 24th. StockNews.com upgraded Twilio from a “hold” rating to a “buy” rating in a research note on Friday, March 14th. William Blair reiterated an “outperform” rating on shares of Twilio in a research note on Friday, February 14th. Finally, Morgan Stanley upgraded Twilio from an “equal weight” rating to an “overweight” rating and lifted their target price for the company from $144.00 to $160.00 in a research note on Monday, February 24th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, seventeen have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Twilio presently has a consensus rating of “Moderate Buy” and a consensus target price of $135.35.

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.