B. Metzler seel. Sohn & Co. AG Decreases Stake in Twilio Inc. (NYSE:TWLO)

B. Metzler seel. Sohn & Co. AG lessened its position in shares of Twilio Inc. (NYSE:TWLO) by 16.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,744 shares of the technology company’s stock after selling 1,872 shares during the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in Twilio were worth $1,053,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Arrowstreet Capital Limited Partnership grew its holdings in shares of Twilio by 718.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,262,765 shares of the technology company’s stock valued at $352,640,000 after purchasing an additional 2,864,235 shares in the last quarter. Norges Bank bought a new position in Twilio during the fourth quarter valued at $222,146,000. Schroder Investment Management Group grew its stake in shares of Twilio by 3,999.9% in the 4th quarter. Schroder Investment Management Group now owns 521,882 shares of the technology company’s stock worth $56,687,000 after buying an additional 509,153 shares in the last quarter. Los Angeles Capital Management LLC increased its holdings in shares of Twilio by 1,267.3% in the 4th quarter. Los Angeles Capital Management LLC now owns 454,435 shares of the technology company’s stock worth $49,115,000 after buying an additional 421,199 shares during the last quarter. Finally, KBC Group NV raised its position in shares of Twilio by 1,138.4% during the 4th quarter. KBC Group NV now owns 281,174 shares of the technology company’s stock valued at $30,389,000 after buying an additional 258,469 shares in the last quarter. Institutional investors own 84.27% of the company’s stock.

Twilio Stock Performance

TWLO stock opened at $89.02 on Friday. 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 Inc. has a 1-year low of $52.51 and a 1-year high of $151.95. The business has a 50-day moving average price of $119.24 and a 200 day moving average price of $101.42. The company has a market capitalization of $13.59 billion, a P/E ratio of -139.09, a PEG ratio of 4.30 and a beta of 1.50.

Twilio (NYSE:TWLO) last posted its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 EPS 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 business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.19 billion. As a group, equities research analysts forecast that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Analysts Set New Price Targets

TWLO has been the subject of several recent research reports. William Blair reiterated an “outperform” rating on shares of Twilio in a research report on Friday, February 14th. Monness Crespi & Hardt boosted their target price on Twilio from $135.00 to $152.00 and gave the company a “buy” rating in a research report on Monday, January 27th. Barclays raised their price target on Twilio from $120.00 to $140.00 and gave the stock an “equal weight” rating in a research report on Friday, February 14th. Needham & Company LLC lifted their price objective on shares of Twilio from $91.00 to $165.00 and gave the stock a “buy” rating in a research note on Tuesday, January 28th. Finally, The Goldman Sachs Group raised shares of Twilio from a “neutral” rating to a “buy” rating and increased their target price for the company from $77.00 to $185.00 in a research note on Monday, January 27th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Twilio currently has an average rating of “Moderate Buy” and a consensus price target of $135.35.

Insiders Place Their Bets

In other Twilio news, CEO Khozema Shipchandler sold 12,056 shares of the stock in a transaction dated Monday, March 31st. The shares were sold at an average price of $95.88, for a total transaction of $1,155,929.28. Following the completion of the sale, the chief executive officer now directly owns 295,134 shares of the company’s stock, valued at approximately $28,297,447.92. This represents a 3.92 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO Aidan Viggiano sold 1,391 shares of Twilio stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $124.51, for a total transaction of $173,193.41. Following the completion of the transaction, the chief financial officer now directly owns 152,519 shares in the company, valued at approximately $18,990,140.69. The trade was a 0.90 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 40,857 shares of company stock worth $4,318,654 over the last 90 days. Company insiders own 4.50% of the company’s stock.

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.