Pacer Advisors Inc. Grows Position in Twilio Inc. $TWLO

Pacer Advisors Inc. boosted its position in Twilio Inc. (NYSE:TWLO) by 4.8% during the 1st quarter, Holdings Channel reports. The fund owned 492,209 shares of the technology company’s stock after acquiring an additional 22,415 shares during the quarter. Pacer Advisors Inc.’s holdings in Twilio were worth $61,930,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Raleigh Capital Management Inc. purchased a new stake in shares of Twilio in the 4th quarter valued at approximately $26,000. SHP Wealth Management acquired a new stake in shares of Twilio in the 4th quarter valued at $26,000. Zions Bancorporation National Association UT purchased a new stake in shares of Twilio during the 4th quarter worth $29,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of Twilio during the 4th quarter worth $29,000. Finally, Osbon Capital Management LLC acquired a new position in shares of Twilio during the fourth quarter worth $30,000. Hedge funds and other institutional investors own 84.27% of the company’s stock.

Insider Buying and Selling at Twilio

In related news, Director Andrew Stafman sold 1,000,000 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $184.14, for a total transaction of $184,140,000.00. Following the transaction, the director owned 620,000 shares of the company’s stock, valued at $114,166,800. This trade represents a 61.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Khozema Shipchandler sold 44,158 shares of the firm’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $235.88, for a total value of $10,415,989.04. Following the transaction, the chief executive officer directly owned 235,542 shares in the company, valued at approximately $55,559,646.96. This represents a 15.79% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 1,802,480 shares of company stock valued at $341,620,487. Company insiders own 0.21% of the company’s stock.

Analyst Upgrades and Downgrades

TWLO has been the topic of several recent analyst reports. KGI Securities began coverage on Twilio in a report on Thursday, July 2nd. They issued an “outperform” rating and a $250.00 target price on the stock. Weiss Ratings raised Twilio from a “sell (d+)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Needham & Company LLC raised their target price on Twilio from $200.00 to $250.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Rosenblatt Securities restated a “buy” rating and set a $230.00 target price on shares of Twilio in a research note on Thursday, June 18th. Finally, The Goldman Sachs Group assumed coverage on Twilio in a report on Wednesday, June 24th. They issued a “buy” rating and a $300.00 price target for the company. Four research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $220.59.

Twilio Stock Performance

Shares of Twilio stock opened at $197.48 on Monday. The firm’s fifty day simple moving average is $202.11 and its 200-day simple moving average is $159.07. The stock has a market capitalization of $29.97 billion, a price-to-earnings ratio of 308.57, a PEG ratio of 3.93 and a beta of 1.37. Twilio Inc. has a 12 month low of $91.84 and a 12 month high of $238.48. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.66 and a quick ratio of 4.66.

Twilio (NYSE:TWLO) last issued its quarterly earnings results on Thursday, April 30th. The technology company reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.27 by $0.23. The firm had revenue of $1.41 billion during the quarter, compared to analysts’ expectations of $1.34 billion. Twilio had a net margin of 1.96% and a return on equity of 4.64%. Twilio’s quarterly revenue was up 20.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.14 EPS. As a group, equities analysts forecast that Twilio Inc. will post 2.79 earnings per share for the current year.

Twilio Company Profile

Twilio Inc (NYSE: TWLO) is a cloud communications platform-as-a-service (CPaaS) company that enables developers and enterprises to embed communications into web and mobile applications. Its core offering is a suite of programmable APIs that handle messaging (SMS, MMS, and chat), voice calling, video, and user authentication. Twilio’s platform is designed to help businesses build customer engagement and communication workflows without managing telecommunications infrastructure directly.

The company’s product portfolio includes programmable voice and messaging APIs, Twilio Video for real‑time video applications, and Twilio Authy for multi‑factor authentication.