Lyell Wealth Management LP Has $576,000 Position in Twilio Inc. (NYSE:TWLO)

Lyell Wealth Management LP reduced its position in shares of Twilio Inc. (NYSE:TWLO) by 8.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,334 shares of the technology company’s stock after selling 513 shares during the period. Lyell Wealth Management LP’s holdings in Twilio were worth $576,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in TWLO. True Wealth Design LLC lifted its holdings in Twilio by 5,200.0% during the 3rd quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock worth $28,000 after purchasing an additional 416 shares during the last quarter. JFS Wealth Advisors LLC raised its holdings in Twilio by 244.0% in the 4th quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company’s stock valued at $41,000 after acquiring an additional 266 shares in the last quarter. Brooklyn Investment Group acquired a new position in Twilio in the 3rd quarter valued at $46,000. Venturi Wealth Management LLC raised its holdings 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 acquiring an additional 493 shares in the last quarter. Finally, Huntington National Bank raised its holdings in Twilio by 214.5% in the 3rd quarter. Huntington National Bank now owns 780 shares of the technology company’s stock valued at $51,000 after acquiring an additional 532 shares in the last quarter. 84.27% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Twilio

In related news, insider Dana Wagner sold 4,629 shares of the company’s stock in a transaction dated Wednesday, December 4th. The stock was sold at an average price of $110.00, for a total transaction of $509,190.00. Following the sale, the insider now owns 125,576 shares in the company, valued at $13,813,360. This represents a 3.56 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Aidan Viggiano sold 6,552 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $113.55, for a total value of $743,979.60. Following the transaction, the chief financial officer now directly owns 153,910 shares in the company, valued at approximately $17,476,480.50. This trade represents a 4.08 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 22,015 shares of company stock worth $2,483,695 in the last 90 days. Corporate insiders own 4.50% of the company’s stock.

Twilio Trading Up 0.2 %

NYSE TWLO opened at $125.43 on Wednesday. The business’s 50-day moving average price is $121.50 and its two-hundred day moving average price is $91.13. Twilio Inc. has a 12 month low of $52.51 and a 12 month high of $151.95. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12.

Twilio (NYSE:TWLO) last released its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.77). Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. The company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.19 billion. Sell-side analysts expect that Twilio Inc. will post 1.4 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have weighed in on TWLO shares. Needham & Company LLC lifted their price objective on Twilio from $91.00 to $165.00 and gave the company a “buy” rating in a report on Tuesday, January 28th. JMP Securities reissued a “market outperform” rating and set a $165.00 price target on shares of Twilio in a report on Friday, February 14th. Royal Bank of Canada reissued an “underperform” rating and set a $50.00 price target on shares of Twilio in a report on Tuesday, January 21st. Stifel Nicolaus boosted their price target on Twilio from $130.00 to $135.00 and gave the stock a “hold” rating in a report on Friday, February 14th. Finally, William Blair reissued an “outperform” rating on shares of Twilio in a report on Friday, February 14th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $130.91.

Twilio 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.