Neumann Advisory Hong Kong Ltd Has $432,000 Stock Holdings in Twilio Inc. (NYSE:TWLO)

Neumann Advisory Hong Kong Ltd cut its holdings in Twilio Inc. (NYSE:TWLO) by 98.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,000 shares of the technology company’s stock after selling 247,184 shares during the period. Twilio accounts for approximately 0.1% of Neumann Advisory Hong Kong Ltd’s portfolio, making the stock its 10th biggest holding. Neumann Advisory Hong Kong Ltd’s holdings in Twilio were worth $432,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Robeco Institutional Asset Management B.V. increased its position in Twilio by 258.4% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 874,647 shares of the technology company’s stock worth $57,044,000 after buying an additional 630,627 shares during the period. Pacer Advisors Inc. grew its stake in shares of Twilio by 18.3% in the third quarter. Pacer Advisors Inc. now owns 2,867,623 shares of the technology company’s stock worth $187,026,000 after acquiring an additional 444,295 shares during the last quarter. Allspring Global Investments Holdings LLC increased its position in Twilio by 50,490.1% during the third quarter. Allspring Global Investments Holdings LLC now owns 399,662 shares of the technology company’s stock worth $26,066,000 after acquiring an additional 398,872 shares during the period. Franklin Resources Inc. raised its stake in Twilio by 2,412.9% during the 3rd quarter. Franklin Resources Inc. now owns 202,010 shares of the technology company’s stock valued at $14,341,000 after purchasing an additional 193,971 shares during the last quarter. Finally, Vinva Investment Management Ltd boosted its holdings in Twilio by 302.5% in the 3rd quarter. Vinva Investment Management Ltd now owns 139,929 shares of the technology company’s stock valued at $9,215,000 after purchasing an additional 105,161 shares during the period. Institutional investors and hedge funds own 84.27% of the company’s stock.

Twilio Stock Performance

TWLO opened at $135.98 on Monday. Twilio Inc. has a 1-year low of $52.51 and a 1-year high of $141.40. 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 has a 50-day moving average price of $109.20 and a two-hundred day moving average price of $81.40.

Insider Activity at Twilio

In related news, CFO Aidan Viggiano sold 6,552 shares of the firm’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $113.55, for a total value of $743,979.60. Following the transaction, the chief financial officer now owns 153,910 shares in the company, valued at $17,476,480.50. This trade represents a 4.08 % 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 business’s stock in a transaction dated 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 sale, the chief executive officer now directly owns 244,971 shares of the company’s stock, valued at $27,823,806.18. This represents a 4.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 26,527 shares of company stock valued at $2,844,655 over the last quarter. Corporate insiders own 4.50% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on TWLO. Oppenheimer upped their price objective on shares of Twilio from $90.00 to $160.00 and gave the company an “outperform” rating in a research report on Friday. Baird R W raised Twilio from a “hold” rating to a “strong-buy” rating in a report on Friday. Wells Fargo & Company lifted their price objective on Twilio from $140.00 to $155.00 and gave the stock an “overweight” rating in a report on Friday. Stifel Nicolaus upped their target price on Twilio from $110.00 to $130.00 and gave the company a “hold” rating in a research note on Friday. Finally, Morgan Stanley lifted their price target on shares of Twilio from $115.00 to $118.00 and gave the stock an “equal weight” rating in a research note on Friday, January 17th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $110.96.

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.