Central Asset Investments & Management Holdings HK Ltd Purchases New Position in Twilio Inc. (NYSE:TWLO)

Central Asset Investments & Management Holdings HK Ltd acquired 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 institutional investor acquired 2,000 shares of the technology company’s stock, valued at approximately $216,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in TWLO. True Wealth Design LLC increased its position in shares of Twilio by 5,200.0% during the 3rd quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock worth $28,000 after purchasing an additional 416 shares in the last quarter. JFS Wealth Advisors LLC increased its holdings in shares of Twilio by 244.0% during the fourth quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company’s stock worth $41,000 after buying an additional 266 shares in the last quarter. Centricity Wealth Management LLC bought a new position in shares of Twilio in the fourth quarter valued at approximately $44,000. Brooklyn Investment Group acquired a new position in shares of Twilio in the 3rd quarter worth approximately $46,000. Finally, Venturi Wealth Management LLC grew its position in Twilio by 205.4% during the 3rd quarter. Venturi Wealth Management LLC now owns 733 shares of the technology company’s stock worth $48,000 after acquiring an additional 493 shares during the last quarter. 84.27% of the stock is owned by institutional investors.

Twilio Price Performance

TWLO stock opened at $119.35 on Thursday. The stock has a market capitalization of $18.31 billion, a PE ratio of -186.48, a price-to-earnings-growth ratio of 4.30 and a beta of 1.42. The company’s 50-day moving average is $122.61 and its 200-day moving average is $93.78. Twilio Inc. has a 1 year low of $52.51 and a 1 year high of $151.95. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.06 and a quick ratio of 5.06.

Twilio (NYSE:TWLO) last issued its earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.77). The firm had revenue of $1.19 billion during 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 research analysts expect that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have issued reports on TWLO shares. William Blair reiterated an “outperform” rating on shares of Twilio in a research report on Friday, February 14th. Mizuho upped their price target on shares of Twilio from $140.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, January 24th. Stifel Nicolaus raised their price objective on shares of Twilio from $130.00 to $135.00 and gave the company a “hold” rating in a research report on Friday, February 14th. Robert W. Baird upgraded shares of Twilio from a “neutral” rating to an “outperform” rating and upped their target price for the stock from $115.00 to $160.00 in a research report on Friday, January 24th. Finally, JMP Securities reissued a “market outperform” rating and issued a $165.00 price target on shares of Twilio in a report on Friday, February 14th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $134.26.

Insider Activity at Twilio

In other Twilio news, insider Dana Wagner sold 4,629 shares of the stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $110.00, for a total value of $509,190.00. Following the transaction, the insider now directly owns 125,576 shares in the company, valued at approximately $13,813,360. This trade represents a 3.56 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Aidan Viggiano sold 6,552 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $113.55, for a total transaction of $743,979.60. Following the sale, the chief financial officer now owns 153,910 shares in the company, valued at approximately $17,476,480.50. The trade was a 4.08 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 25,906 shares of company stock worth $2,950,514 over the last 90 days. 4.50% of the stock is owned by company insiders.

Twilio Company 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.