Mutual of America Capital Management LLC Acquires New Position in Twilio Inc. (TWLO)

Mutual of America Capital Management LLC acquired a new stake in shares of Twilio Inc. (NYSE:TWLO) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 32,957 shares of the technology company’s stock, valued at approximately $959,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Thompson Davis & CO. Inc. lifted its position in Twilio by 0.7% during the second quarter. Thompson Davis & CO. Inc. now owns 4,750 shares of the technology company’s stock worth $138,000 after buying an additional 34 shares during the period. Pacer Advisors Inc. lifted its position in Twilio by 12.1% during the second quarter. Pacer Advisors Inc. now owns 5,135 shares of the technology company’s stock worth $149,000 after buying an additional 555 shares during the period. IFP Advisors Inc lifted its position in Twilio by 10.0% during the second quarter. IFP Advisors Inc now owns 5,175 shares of the technology company’s stock worth $151,000 after buying an additional 469 shares during the period. US Bancorp DE lifted its position in Twilio by 199.1% during the second quarter. US Bancorp DE now owns 5,826 shares of the technology company’s stock worth $170,000 after buying an additional 3,878 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Twilio by 111.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,978 shares of the technology company’s stock worth $174,000 after buying an additional 3,156 shares during the period. 58.11% of the stock is currently owned by institutional investors and hedge funds.

Shares of Twilio Inc. (TWLO) opened at 32.23 on Tuesday. The firm’s 50-day moving average price is $30.65 and its 200-day moving average price is $30.65. Twilio Inc. has a 52 week low of $25.98 and a 52 week high of $54.60. The firm’s market cap is $2.96 billion.

Twilio (NYSE:TWLO) last posted its quarterly earnings data on Monday, August 7th. The technology company reported ($0.20) earnings per share for the quarter, hitting the consensus estimate of ($0.20). Twilio had a negative return on equity of 15.40% and a negative net margin of 13.42%. The business had revenue of $95.90 million during the quarter, compared to analysts’ expectations of $86.28 million. During the same quarter in the previous year, the firm earned ($0.08) EPS. The firm’s revenue was up 48.7% compared to the same quarter last year. Equities research analysts expect that Twilio Inc. will post ($0.22) EPS for the current fiscal year.

In other Twilio news, Director Richard L. Dalzell sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, July 13th. The stock was sold at an average price of $30.01, for a total value of $75,025.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, General Counsel Karyn Smith sold 5,381 shares of the company’s stock in a transaction that occurred on Wednesday, July 19th. The shares were sold at an average price of $31.40, for a total value of $168,963.40. The disclosure for this sale can be found here. Insiders have sold a total of 61,348 shares of company stock valued at $1,873,873 in the last three months.

WARNING: “Mutual of America Capital Management LLC Acquires New Position in Twilio Inc. (TWLO)” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this article on another site, it was stolen and republished in violation of US & international copyright legislation. The correct version of this article can be viewed at https://ledgergazette.com/2017/10/10/mutual-of-america-capital-management-llc-acquires-new-position-in-twilio-inc-twlo.html.

TWLO has been the topic of a number of research reports. Vetr upgraded Twilio from a “buy” rating to a “strong-buy” rating and set a $32.00 price objective on the stock in a report on Thursday, July 6th. Zacks Investment Research upgraded Twilio from a “hold” rating to a “buy” rating and set a $34.00 price objective on the stock in a report on Wednesday, July 19th. Oppenheimer Holdings, Inc. restated a “buy” rating and issued a $38.00 price objective on shares of Twilio in a report on Monday, September 18th. Robert W. Baird initiated coverage on Twilio in a report on Monday, July 10th. They issued an “outperform” rating and a $35.00 price objective on the stock. Finally, Summit Redstone restated a “buy” rating and issued a $36.00 price objective on shares of Twilio in a report on Monday, July 17th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, fifteen have assigned a buy rating and one

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Thompson Davis & CO. Inc. lifted its position in Twilio by 0.7% during the second quarter. Thompson Davis & CO. Inc. now owns 4,750 shares of the technology company’s stock worth $138,000 after buying an additional 34 shares during the period. Pacer Advisors Inc. lifted its position in Twilio by 12.1% during the second quarter. Pacer Advisors Inc. now owns 5,135 shares of the technology company’s stock worth $149,000 after buying an additional 555 shares during the period. IFP Advisors Inc lifted its position in Twilio by 10.0% during the second quarter. IFP Advisors Inc now owns 5,175 shares of the technology company’s stock worth $151,000 after buying an additional 469 shares during the period. US Bancorp DE lifted its position in Twilio by 199.1% during the second quarter. US Bancorp DE now owns 5,826 shares of the technology company’s stock worth $170,000 after buying an additional 3,878 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in Twilio by 111.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 5,978 shares of the technology company’s stock worth $174,000 after buying an additional 3,156 shares during the period. 58.11% of the stock is currently owned by institutional investors and hedge funds.

Shares of Twilio Inc. (TWLO) opened at 32.23 on Tuesday. The firm’s 50-day moving average price is $30.65 and its 200-day moving average price is $30.65. Twilio Inc. has a 52 week low of $25.98 and a 52 week high of $54.60. The firm’s market cap is $2.96 billion.

Twilio (NYSE:TWLO) last posted its quarterly earnings data on Monday, August 7th. The technology company reported ($0.20) earnings per share for the quarter, hitting the consensus estimate of ($0.20). Twilio had a negative return on equity of 15.40% and a negative net margin of 13.42%. The business had revenue of $95.90 million during the quarter, compared to analysts’ expectations of $86.28 million. During the same quarter in the previous year, the firm earned ($0.08) EPS. The firm’s revenue was up 48.7% compared to the same quarter last year. Equities research analysts expect that Twilio Inc. will post ($0.22) EPS for the current fiscal year.

In other Twilio news, Director Richard L. Dalzell sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, July 13th. The stock was sold at an average price of $30.01, for a total value of $75,025.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, General Counsel Karyn Smith sold 5,381 shares of the company’s stock in a transaction that occurred on Wednesday, July 19th. The shares were sold at an average price of $31.40, for a total value of $168,963.40. The disclosure for this sale can be found here. Insiders have sold a total of 61,348 shares of company stock valued at $1,873,873 in the last three months.

WARNING: “Mutual of America Capital Management LLC Acquires New Position in Twilio Inc. (TWLO)” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this article on another site, it was stolen and republished in violation of US & international copyright legislation. The correct version of this article can be viewed at https://ledgergazette.com/2017/10/10/mutual-of-america-capital-management-llc-acquires-new-position-in-twilio-inc-twlo.html.

TWLO has been the topic of a number of research reports. Vetr upgraded Twilio from a “buy” rating to a “strong-buy” rating and set a $32.00 price objective on the stock in a report on Thursday, July 6th. Zacks Investment Research upgraded Twilio from a “hold” rating to a “buy” rating and set a $34.00 price objective on the stock in a report on Wednesday, July 19th. Oppenheimer Holdings, Inc. restated a “buy” rating and issued a $38.00 price objective on shares of Twilio in a report on Monday, September 18th. Robert W. Baird initiated coverage on Twilio in a report on Monday, July 10th. They issued an “outperform” rating and a $35.00 price objective on the stock. Finally, Summit Redstone restated a “buy” rating and issued a $36.00 price objective on shares of Twilio in a report on Monday, July 17th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company. Twilio presently has an average rating of “Buy” and a consensus price target of $37.68.

Twilio Company Profile

Twilio Inc offers Cloud Communications Platform, which enables developers to build, scale and operate real-time communications within software applications. The Company’s platform consists of Programmable Communications Cloud, Super Network and Business Model for Innovators. Its Programmable Communications Cloud software enables developers to embed voice, messaging, video and authentication capabilities into their applications through its Application Programming Interfaces (APIs).

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Institutional Ownership by Quarter for Twilio (NYSE:TWLO)

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