Victory Capital Management Trims Stake in Twilio
June 1, 2023
🌥️Trending News
Twilio Inc ($NYSE:TWLO)., a cloud communications platform, has recently seen a decrease in stock holdings by Victory Capital Management Inc. Twilio Inc. is a publicly traded company, and its stock is listed on the New York Stock Exchange (NYSE: TWLO). The company provides customers with communication solutions that are delivered through a cloud-based platform. Twilio Inc. offers products that include voice, SMS, video, chat, and email services. It provides software development kits (SDKs) and APIs that enable the building of communication-related features into applications.
Additionally, Twilio Inc. offers engagement cloud services that help businesses communicate with their customers and employees via several channels such as messaging, chatbots, and voice. Victory Capital Management Inc. recently trimmed its stock holdings in Twilio Inc. by 2%. Victory Capital Management Inc. is an investment management firm that offers services to institutional investors such as pensions, foundations, endowments, and others. Victory Capital Management Inc. primarily invests in publicly traded stocks across multiple sectors like technology, consumer staples, healthcare, financials, and industrials.
Market Price
By the end of trading day, Twilio Inc.’s stock opened at $63.1 and closed at $69.6, soaring by 11.1% from its last closing price of $62.7. With such an impressive feat, Twilio Inc. is poised to continue its climb and outperform the market in the coming days. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Twilio Inc. More…
| Total Revenues | Net Income | Net Margin |
| 3.96k | -1.38k | -29.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Twilio Inc. More…
| Operations | Investing | Financing |
| -334.66 | -564.95 | -80.64 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Twilio Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 12.3k | 1.98k | 55.56 |
Key Ratios Snapshot
Some of the financial key ratios for Twilio Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 46.2% | – | -23.6% |
| FCF Margin | ROE | ROA |
| -10.5% | -5.6% | -4.7% |
Analysis
At GoodWhale, we recently conducted an analysis of TWILIO INC‘s fundamentals. Our Star Chart revealed that TWILIO INC is strong in asset and growth, but weak in dividend and profitability. The company scored an intermediate health score of 6/10 with regard to its cashflows and debt, indicating that they might be able to sustain future operations in times of crisis. We classified TWILIO INC as a ‘cheetah’, a type of company that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. Given these characteristics, we believe that TWILIO INC may be an attractive investment for investors who are looking for high growth, but also understand the risk associated with a company’s low profitability and dividend. Such investors may be willing to take on more risk in order to reap potentially high rewards from TWILIO INC’s strong asset and growth outlook. More…
Peers
Its competitors include Super League Gaming Inc, Interfactory Inc, and OOOOO Entertainment Commerce Ltd.
– Super League Gaming Inc ($NASDAQ:SLGG)
Super League Gaming is a professional esports league that hosts competitions for gamers of all levels. The company has a market cap of $23.21 million and a return on equity of -24.09%. Super League Gaming is headquartered in Santa Monica, California.
– Interfactory Inc ($TSE:4057)
Interfactory Inc is a publicly traded company with a market cap of 5.7 billion as of 2022. The company has a return on equity of 5.84%. Interfactory Inc is a diversified holding company that operates in a variety of industries, including manufacturing, healthcare, and media. The company has a long history and is well-respected in the business community.
– OOOOO Entertainment Commerce Ltd ($TSXV:OOOO)
OOOOO Entertainment Commerce Ltd has a market cap of 6.74M as of 2022. The company has a Return on Equity of -868.19%. The company operates in the entertainment and media industry.
Summary
Twilio Inc. is a cloud communications platform that enables developers to programmatically make and receive phone calls, send and receive text messages, and perform other communication functions using its web service APIs. Recently, Victory Capital Management Inc. reduced their stock holdings in Twilio Inc., but the stock price still moved up the same day. This could be a sign of investor confidence in the company’s prospects. Analysts are optimistic about Twilio’s growth potential, citing its ability to enable developers to quickly create innovative customer experiences.
In addition, Twilio has been taking steps to expand its presence in the global market, which could further drive revenue growth. Despite this positive news, investors should do their own research before investing in the company to make sure it fits into their overall investment strategy.
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