Sivia Capital Partners LLC Buys New Position in Twilio Inc. (NYSE:TWLO)

Sivia Capital Partners LLC purchased a new position in shares of Twilio Inc. (NYSE:TWLO) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,150 shares of the technology company’s stock, valued at approximately $232,000.

A number of other institutional investors have also added to or reduced their stakes in the company. True Wealth Design LLC increased its stake in Twilio by 5,200.0% in the third quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock valued at $28,000 after purchasing an additional 416 shares in the last quarter. Brooklyn Investment Group acquired a new stake in shares of Twilio in the third quarter valued at approximately $46,000. Venturi Wealth Management LLC grew its stake in Twilio by 205.4% in the 3rd quarter. Venturi Wealth Management LLC now owns 733 shares of the technology company’s stock valued at $48,000 after buying an additional 493 shares during the last quarter. Huntington National Bank lifted its holdings in shares of Twilio by 214.5% during the third quarter. Huntington National Bank now owns 780 shares of the technology company’s stock worth $51,000 after buying an additional 532 shares in the last quarter. Finally, Planning Capital Management Corp acquired a new stake in shares of Twilio in the third quarter valued at approximately $53,000. 84.27% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently commented on TWLO shares. Jefferies Financial Group increased their price objective on shares of Twilio from $60.00 to $85.00 and gave the company a “hold” rating in a research note on Thursday, October 31st. JPMorgan Chase & Co. lifted their target price on Twilio from $78.00 to $83.00 and gave the company an “overweight” rating in a research report on Thursday, October 31st. UBS Group upped their price objective on Twilio from $74.00 to $88.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Needham & Company LLC lifted their price objective on shares of Twilio from $71.00 to $91.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Finally, Barclays boosted their price target on shares of Twilio from $65.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Friday, November 1st. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $93.61.

Twilio Trading Down 0.5 %

Shares of TWLO traded down $0.55 during mid-day trading on Monday, reaching $107.53. The company had a trading volume of 1,212,737 shares, compared to its average volume of 1,879,883. Twilio Inc. has a fifty-two week low of $52.51 and a fifty-two week high of $116.43. The firm has a fifty day simple moving average of $105.04 and a 200-day simple moving average of $77.52. The stock has a market cap of $16.49 billion, a price-to-earnings ratio of -41.84, a price-to-earnings-growth ratio of 3.26 and a beta of 1.38. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12.

Insider Transactions at Twilio

In related news, insider Dana Wagner sold 4,512 shares of the business’s stock in a transaction on Thursday, October 31st. The shares were sold at an average price of $80.00, for a total value of $360,960.00. Following the sale, the insider now directly owns 142,291 shares of the company’s stock, valued at approximately $11,383,280. The trade was a 3.07 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Khozema Shipchandler sold 10,834 shares of the company’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $113.58, for a total transaction of $1,230,525.72. Following the sale, the chief executive officer now directly owns 244,971 shares in the company, valued at $27,823,806.18. This trade represents a 4.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 26,527 shares of company stock valued at $2,844,655. Insiders own 4.50% of the company’s stock.

Twilio Company Profile

Twilio Inc, together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. It operates through two segments, Twilio Communications and Twilio Segment. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, flex, marketing campaigns, and user identity and authentication.