Semanteon Capital Management LP Acquires New Stake in Twilio Inc. (NYSE:TWLO)

Semanteon Capital Management LP acquired a new stake in Twilio Inc. (NYSE:TWLO) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 5,009 shares of the technology company’s stock, valued at approximately $541,000.

Other hedge funds have also recently added to or reduced their stakes in the company. True Wealth Design LLC raised its stake in Twilio by 5,200.0% in the 3rd quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock valued at $28,000 after purchasing an additional 416 shares during the last quarter. JFS Wealth Advisors LLC grew its holdings in Twilio by 244.0% in the 4th quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company’s stock valued at $41,000 after buying an additional 266 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in Twilio by 79.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company’s stock valued at $41,000 after buying an additional 166 shares in the last quarter. Centricity Wealth Management LLC purchased a new stake in Twilio in the 4th quarter valued at $44,000. Finally, Brooklyn Investment Group purchased a new stake in Twilio in the 3rd quarter valued at $46,000. 84.27% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have issued reports on the company. William Blair restated an “outperform” rating on shares of Twilio in a report on Friday, February 14th. Barclays upped their target price on Twilio from $120.00 to $140.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Stifel Nicolaus upped their target price on Twilio from $130.00 to $135.00 and gave the company a “hold” rating in a report on Friday, February 14th. Tigress Financial increased their price target on Twilio from $135.00 to $170.00 and gave the stock a “buy” rating in a report on Tuesday, February 25th. Finally, JPMorgan Chase & Co. increased their price target on Twilio from $83.00 to $130.00 and gave the stock an “overweight” rating in a report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $135.35.

Twilio Price Performance

TWLO stock opened at $103.44 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. The firm has a market capitalization of $15.79 billion, a P/E ratio of -161.62, a P/E/G ratio of 4.30 and a beta of 1.47. The business’s 50-day moving average is $121.32 and its two-hundred day moving average is $98.86. Twilio Inc. has a 1 year low of $52.51 and a 1 year high of $151.95.

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

Insider Transactions at Twilio

In other news, CEO Khozema Shipchandler sold 10,834 shares of the firm’s 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 sale, the chief executive officer now owns 244,971 shares of the company’s stock, valued at approximately $27,823,806.18. This trade represents a 4.24 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 sale, the chief financial officer now directly owns 153,910 shares in the company, valued at $17,476,480.50. This trade represents a 4.08 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 21,277 shares of company stock valued at $2,441,324. Corporate insiders own 4.50% of the company’s stock.

Twilio 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.