Twilio Gets Upgraded to Buy as Institutional Sentiment Shifts

A recent report indicates that Monness, Crespi, Hardt has upgraded their outlook on Twilio from Neutral to Buy. Investor sentiment showcases a mixed bag, with varying institutional ownership shifts that may signal changes in stock prices.

Date: 16-11-2024

AI Rating: 6

The report discusses an upgrade of Twilio's outlook from Neutral to Buy by Monness, Crespi, Hardt. This reflects a more optimistic stance on the company's future, which could positively influence stock prices.

Institutional investor sentiment shows that there are 1,044 funds reporting positions in Twilio, with the average portfolio weight increasing by 0.67% to 0.20%. However, it also notes a decrease in total shares owned by institutions by 9.13%, which could indicate some level of caution among larger investors.

Specifically, ownership changes include:

BlackRock holds 10,836K shares (7.06% ownership), unchanged.
Vanguard Total Stock Market Index Fund decreased its ownership from 5,405K to 4,895K shares, down 10.42%.
Generation Investment Management cut its holdings from 5,959K shares to 4,439K shares, representing a significant decrease of 34.25%.
Vanguard Small-Cap Index Fund increased its ownership substantially from 2,196K shares to 3,872K shares, up 43.30%.

These mixed signals from institutional shareholders could create volatility in Twilio's stock price. While the upgrade from Neutral to Buy is a positive indicator, the considerable decreases in ownership by some funds may reflect concerns regarding Twilio's performance or market conditions.

Stocks: TWLO