Brasada Capital Management LP Takes $45,000 Position in Twilio Inc (TWLO)

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Brasada Capital Management LP bought a new position in Twilio Inc (NYSE:TWLO) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 500 shares of the technology company’s stock, valued at approximately $45,000.

Other large investors also recently bought and sold shares of the company. Adirondack Trust Co. grew its position in shares of Twilio by 625.0% during the 4th quarter. Adirondack Trust Co. now owns 348 shares of the technology company’s stock valued at $31,000 after acquiring an additional 300 shares during the period. Parallel Advisors LLC lifted its stake in shares of Twilio by 300.0% during the 4th quarter. Parallel Advisors LLC now owns 400 shares of the technology company’s stock valued at $35,000 after buying an additional 300 shares in the last quarter. Signet Investment Advisory Group Inc. purchased a new position in shares of Twilio during the 4th quarter valued at $53,000. Focused Wealth Management Inc purchased a new position in shares of Twilio during the 4th quarter valued at $63,000. Finally, Nisa Investment Advisors LLC purchased a new position in shares of Twilio during the 4th quarter valued at $71,000. 59.84% of the stock is owned by institutional investors and hedge funds.

A number of research analysts recently weighed in on the stock. Zacks Investment Research cut shares of Twilio from a “buy” rating to a “hold” rating in a research note on Saturday, January 5th. JPMorgan Chase & Co. lifted their target price on shares of Twilio to $84.00 and gave the company an “overweight” rating in a research note on Wednesday, November 7th. KeyCorp lifted their target price on shares of Twilio from $114.00 to $132.00 and gave the company an “overweight” rating in a research note on Wednesday. Bank of America restated a “buy” rating and set a $130.00 target price (up previously from $125.00) on shares of Twilio in a research note on Wednesday. Finally, Piper Jaffray Companies restated an “overweight” rating and set a $95.00 target price on shares of Twilio in a research note on Wednesday, November 7th. Three investment analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $106.55.

In related news, Director Erika Rottenberg sold 3,750 shares of the company’s stock in a transaction dated Wednesday, November 28th. The shares were sold at an average price of $88.93, for a total transaction of $333,487.50. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO George Hu sold 15,517 shares of the company’s stock in a transaction dated Friday, November 16th. The shares were sold at an average price of $85.40, for a total transaction of $1,325,151.80. The disclosure for this sale can be found here. Insiders have sold a total of 169,542 shares of company stock worth $15,529,584 over the last 90 days. Corporate insiders own 19.80% of the company’s stock.

Shares of NYSE TWLO opened at $106.87 on Thursday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 6.78 and a current ratio of 6.78. The stock has a market cap of $11.48 billion, a PE ratio of -137.01 and a beta of 1.34. Twilio Inc has a 12-month low of $28.59 and a 12-month high of $119.00.

Twilio (NYSE:TWLO) last announced its earnings results on Tuesday, February 12th. The technology company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.17) by $0.21. The firm had revenue of $204.30 million for the quarter, compared to analysts’ expectations of $184.46 million. Twilio had a negative net margin of 16.70% and a negative return on equity of 18.94%. The business’s revenue was up 77.3% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.03) EPS. As a group, sell-side analysts expect that Twilio Inc will post -0.69 EPS for the current year.

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About Twilio

Twilio Inc provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications in the United States and internationally. The company's programmable communications cloud provides a set of application programming interfaces that enable developers to embed voice, messaging, and video capabilities into their applications.

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Institutional Ownership by Quarter for Twilio (NYSE:TWLO)

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