Breakline Capital LLC Invests $1.16 Million in Twilio Inc (TWLO)

Breakline Capital LLC acquired a new stake in Twilio Inc (NYSE:TWLO) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 12,999 shares of the technology company’s stock, valued at approximately $1,161,000. Twilio accounts for about 1.0% of Breakline Capital LLC’s investment portfolio, making the stock its 24th biggest position.

Other institutional investors and hedge funds also recently modified their holdings of the company. Adirondack Trust Co. grew its stake in shares of Twilio by 625.0% in the fourth quarter. Adirondack Trust Co. now owns 348 shares of the technology company’s stock valued at $31,000 after acquiring an additional 300 shares in the last quarter. Parallel Advisors LLC grew its stake in shares of Twilio by 300.0% in the fourth quarter. Parallel Advisors LLC now owns 400 shares of the technology company’s stock valued at $35,000 after acquiring an additional 300 shares in the last quarter. Brasada Capital Management LP acquired a new position in shares of Twilio in the fourth quarter valued at about $45,000. Signet Investment Advisory Group Inc. acquired a new position in shares of Twilio in the fourth quarter valued at about $53,000. Finally, Focused Wealth Management Inc acquired a new position in shares of Twilio in the fourth quarter valued at about $63,000. 59.84% of the stock is currently owned by institutional investors.

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Shares of NYSE TWLO opened at $107.27 on Friday. The company has a market capitalization of $11.48 billion, a P/E ratio of -137.53 and a beta of 1.34. Twilio Inc has a 1 year low of $30.70 and a 1 year high of $119.00. The company has a debt-to-equity ratio of 0.99, a current ratio of 6.78 and a quick ratio of 6.78.

Twilio (NYSE:TWLO) last issued its quarterly earnings data on Tuesday, February 12th. The technology company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.17) by $0.21. The business had revenue of $204.30 million during the quarter, compared to analyst estimates of $184.46 million. Twilio had a negative net margin of 16.70% and a negative return on equity of 18.94%. The firm’s quarterly revenue was up 77.3% on a year-over-year basis. During the same quarter last year, the business earned ($0.03) EPS. Analysts forecast that Twilio Inc will post -0.69 earnings per share for the current fiscal year.

In other Twilio news, COO George Hu sold 7,800 shares of the firm’s stock in a transaction that occurred on Tuesday, February 5th. The shares were sold at an average price of $113.98, for a total transaction of $889,044.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jeff Lawson sold 20,830 shares of the firm’s stock in a transaction that occurred on Monday, November 19th. The stock was sold at an average price of $81.48, for a total transaction of $1,697,228.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 154,025 shares of company stock valued at $14,204,433. 19.80% of the stock is owned by company insiders.

A number of brokerages have issued reports on TWLO. Monness Crespi & Hardt reiterated a “buy” rating and set a $150.00 price objective (up from $117.00) on shares of Twilio in a research note on Wednesday. JMP Securities increased their price objective on shares of Twilio from $120.00 to $123.00 and gave the stock a “market outperform” rating in a research note on Wednesday. reiterated an “outperform” rating and set a $125.00 price objective (up from $110.00) on shares of Twilio in a research note on Wednesday. Zacks Investment Research downgraded shares of Twilio from a “buy” rating to a “hold” rating and set a $131.00 price objective on the stock. in a research note on Friday, February 8th. Finally, Robert W. Baird reiterated an “outperform” rating and set a $134.00 price objective (up from $105.00) on shares of Twilio in a research note on Friday, February 1st. Three investment analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $108.07.

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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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