Catalyst Funds Management Pty Ltd Has $216,000 Stock Holdings in Twilio Inc. (NYSE:TWLO)

Catalyst Funds Management Pty Ltd boosted its stake in shares of Twilio Inc. (NYSE:TWLO) by 66.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 2,000 shares of the technology company’s stock after purchasing an additional 800 shares during the period. Catalyst Funds Management Pty Ltd’s holdings in Twilio were worth $216,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. M&T Bank Corp raised its stake in Twilio by 1.0% in the fourth quarter. M&T Bank Corp now owns 8,727 shares of the technology company’s stock valued at $943,000 after buying an additional 85 shares during the period. Allworth Financial LP raised its stake in Twilio by 6.9% in the fourth quarter. Allworth Financial LP now owns 1,465 shares of the technology company’s stock valued at $165,000 after buying an additional 94 shares during the period. GHP Investment Advisors Inc. raised its stake in Twilio by 10.4% in the fourth quarter. GHP Investment Advisors Inc. now owns 1,107 shares of the technology company’s stock valued at $120,000 after buying an additional 104 shares during the period. Tidal Investments LLC raised its stake in Twilio by 0.6% in the third quarter. Tidal Investments LLC now owns 17,666 shares of the technology company’s stock valued at $1,152,000 after buying an additional 112 shares during the period. Finally, Freestone Capital Holdings LLC increased its stake in shares of Twilio by 3.3% during the fourth quarter. Freestone Capital Holdings LLC now owns 3,918 shares of the technology company’s stock worth $423,000 after purchasing an additional 124 shares during the period. 84.27% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on TWLO shares. Needham & Company LLC increased their target price on Twilio from $91.00 to $165.00 and gave the stock a “buy” rating in a research note on Tuesday, January 28th. UBS Group increased their target price on Twilio from $145.00 to $175.00 and gave the stock a “buy” rating in a research note on Friday, February 14th. Monness Crespi & Hardt increased their target price on Twilio from $135.00 to $152.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. Tigress Financial increased their target price on Twilio from $135.00 to $170.00 and gave the stock a “buy” rating in a research note on Tuesday, February 25th. Finally, JPMorgan Chase & Co. increased their target price on Twilio from $83.00 to $130.00 and gave the stock an “overweight” rating in a research note on Friday, January 24th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $134.26.

Twilio Trading Up 4.2 %

Shares of TWLO stock opened at $98.90 on Monday. The stock’s fifty day moving average price is $122.22 and its two-hundred day moving average price is $98.00. The company has a market cap of $15.10 billion, a PE ratio of -154.53, a P/E/G ratio of 4.30 and a beta of 1.47. Twilio Inc. has a fifty-two week low of $52.51 and a fifty-two 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.

Twilio (NYSE:TWLO) last released its quarterly earnings data on Thursday, February 13th. The technology company reported $0.22 earnings per share 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 firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.19 billion. Equities analysts predict that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Insider Activity at Twilio

In related news, CEO Khozema Shipchandler sold 10,834 shares of the firm’s stock in a transaction on 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 sale, the chief executive officer now owns 244,971 shares of the company’s stock, valued at $27,823,806.18. This trade represents a 4.24 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Aidan Viggiano sold 1,391 shares of the firm’s stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $124.51, for a total value of $173,193.41. Following the transaction, the chief financial officer now directly owns 152,519 shares of the company’s stock, valued at approximately $18,990,140.69. This represents a 0.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 21,277 shares of company stock valued at $2,441,324 in the last 90 days. 4.50% of the stock is owned by corporate insiders.

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.