Murphy & Mullick Capital Management Corp Purchases New Holdings in Twilio Inc. (NYSE:TWLO)

Murphy & Mullick Capital Management Corp purchased a new position in shares of Twilio Inc. (NYSE:TWLO) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 694 shares of the technology company’s stock, valued at approximately $75,000.

A number of other hedge funds have also recently added to or reduced their stakes in TWLO. Los Angeles Capital Management LLC grew its holdings in shares of Twilio by 1,267.3% during the 4th quarter. Los Angeles Capital Management LLC now owns 454,435 shares of the technology company’s stock worth $49,115,000 after purchasing an additional 421,199 shares in the last quarter. KBC Group NV grew its stake in Twilio by 1,138.4% during the fourth quarter. KBC Group NV now owns 281,174 shares of the technology company’s stock worth $30,389,000 after buying an additional 258,469 shares in the last quarter. Raymond James Financial Inc. bought a new position in Twilio in the 4th quarter valued at about $25,778,000. Franklin Resources Inc. increased its holdings in Twilio by 2,412.9% in the 3rd quarter. Franklin Resources Inc. now owns 202,010 shares of the technology company’s stock valued at $14,341,000 after buying an additional 193,971 shares during the period. Finally, Amundi lifted its holdings in shares of Twilio by 53.4% during the 4th quarter. Amundi now owns 517,052 shares of the technology company’s stock worth $57,424,000 after acquiring an additional 179,899 shares during the period. Institutional investors own 84.27% of the company’s stock.

Insiders Place Their Bets

In other Twilio news, CFO Aidan Viggiano sold 6,552 shares of Twilio stock in a transaction on Monday, January 6th. The shares were sold at an average price of $113.55, for a total value of $743,979.60. Following the completion of the sale, the chief financial officer now directly owns 153,910 shares of the company’s stock, valued at approximately $17,476,480.50. The trade was a 4.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Khozema Shipchandler sold 10,834 shares of the stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $113.58, for a total transaction of $1,230,525.72. Following the transaction, the chief executive officer now directly owns 244,971 shares in the company, valued at $27,823,806.18. This trade represents a 4.24 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 21,277 shares of company stock worth $2,441,324. 4.50% of the stock is owned by corporate insiders.

Twilio Trading Down 1.5 %

NYSE:TWLO opened at $104.25 on Thursday. Twilio Inc. has a 52 week low of $52.51 and a 52 week 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 fifty day moving average is $121.07 and its 200-day moving average is $100.08. The firm has a market cap of $15.91 billion, a P/E ratio of -162.89, a P/E/G ratio of 4.30 and a beta of 1.47.

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

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. William Blair reissued an “outperform” rating on shares of Twilio in a research note on Friday, February 14th. JPMorgan Chase & Co. lifted their price target on Twilio from $83.00 to $130.00 and gave the company an “overweight” rating in a research note on Friday, January 24th. Oppenheimer upped their price objective on Twilio from $90.00 to $160.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Piper Sandler reissued an “overweight” rating and set a $142.00 target price (up previously from $94.00) on shares of Twilio in a research note on Friday, January 24th. Finally, Stifel Nicolaus raised their price target on shares of Twilio from $130.00 to $135.00 and gave the company a “hold” rating in a research note on Friday, February 14th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $135.35.

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.