Lisanti Capital Growth LLC Has $696,000 Stake in Twilio Inc (NYSE:TWLO)

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Lisanti Capital Growth LLC trimmed its stake in Twilio Inc (NYSE:TWLO) by 46.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,105 shares of the technology company’s stock after selling 4,435 shares during the period. Lisanti Capital Growth LLC’s holdings in Twilio were worth $696,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Centaurus Financial Inc. increased its holdings in Twilio by 46.1% in the first quarter. Centaurus Financial Inc. now owns 3,209 shares of the technology company’s stock valued at $25,000 after purchasing an additional 1,012 shares during the period. Manchester Capital Management LLC acquired a new stake in Twilio in the first quarter valued at $26,000. Truewealth LLC acquired a new stake in Twilio in the second quarter valued at $27,000. Cerebellum GP LLC acquired a new stake in Twilio in the second quarter valued at $33,000. Finally, Lindbrook Capital LLC increased its holdings in Twilio by 200.0% in the first quarter. Lindbrook Capital LLC now owns 300 shares of the technology company’s stock valued at $38,000 after purchasing an additional 200 shares during the period. Institutional investors and hedge funds own 69.43% of the company’s stock.

In related news, Director Richard L. Dalzell sold 500 shares of the firm’s stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of $124.11, for a total value of $62,055.00. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, General Counsel Karyn Smith sold 21,663 shares of the firm’s stock in a transaction dated Thursday, June 20th. The shares were sold at an average price of $146.78, for a total transaction of $3,179,695.14. The disclosure for this sale can be found here. Insiders have sold a total of 110,072 shares of company stock worth $15,741,624 in the last three months. Insiders own 10.85% of the company’s stock.

A number of analysts recently weighed in on TWLO shares. Bank of America increased their price objective on Twilio from $140.00 to $160.00 and gave the company a “buy” rating in a report on Wednesday, May 1st. Canaccord Genuity increased their price target on Twilio from $125.00 to $155.00 and gave the stock a “buy” rating in a report on Wednesday, May 1st. JMP Securities increased their price target on Twilio from $123.00 to $160.00 and gave the stock a “market outperform” rating in a report on Wednesday, May 1st. ValuEngine upgraded Twilio from a “buy” rating to a “strong-buy” rating in a report on Wednesday, May 1st. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $167.00 price target on shares of Twilio in a report on Thursday, July 25th. Three equities research analysts have rated the stock with a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $144.77.

Shares of TWLO stock traded up $0.98 on Tuesday, reaching $126.59. 24,732 shares of the company were exchanged, compared to its average volume of 4,391,566. The company has a market cap of $16.95 billion, a price-to-earnings ratio of -158.10 and a beta of 1.17. The company has a 50-day moving average of $138.30 and a 200-day moving average of $130.44. The company has a debt-to-equity ratio of 0.14, a current ratio of 10.21 and a quick ratio of 10.21. Twilio Inc has a one year low of $62.43 and a one year high of $151.00.

Twilio (NYSE:TWLO) last released its quarterly earnings data on Wednesday, July 31st. The technology company reported ($0.49) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.31) by ($0.18). The company had revenue of $275.00 million for the quarter, compared to the consensus estimate of $264.43 million. Twilio had a negative return on equity of 7.22% and a negative net margin of 23.07%. Twilio’s revenue for the quarter was up 86.1% compared to the same quarter last year. During the same period last year, the company earned $0.03 EPS. As a group, sell-side analysts predict that Twilio Inc will post -1.39 EPS for the current year.

Twilio Profile

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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