Lbp Am Sa Has $4.57 Million Stock Holdings in Twilio Inc. (NYSE:TWLO)

Lbp Am Sa raised its stake in Twilio Inc. (NYSE:TWLO) by 1.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,283 shares of the technology company’s stock after acquiring an additional 457 shares during the period. Lbp Am Sa’s holdings in Twilio were worth $4,570,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. True Wealth Design LLC raised its holdings in Twilio by 5,200.0% in the 3rd quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock valued at $28,000 after acquiring an additional 416 shares in 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. Parkside Financial Bank & Trust raised its holdings in Twilio by 79.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company’s stock valued at $41,000 after acquiring an additional 166 shares in the last quarter. Centricity Wealth Management LLC acquired a new position in Twilio in the 4th quarter valued at $44,000. Finally, Brooklyn Investment Group acquired a new position in Twilio in the 3rd quarter valued at $46,000. 84.27% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have recently commented on TWLO. Morgan Stanley raised Twilio from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $144.00 to $160.00 in a report on Monday, February 24th. Wells Fargo & Company boosted their price target on Twilio from $140.00 to $155.00 and gave the stock an “overweight” rating in a report on Friday, January 24th. UBS Group boosted their price target on Twilio from $145.00 to $175.00 and gave the stock a “buy” rating in a report on Friday, February 14th. 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. Finally, Piper Sandler reissued an “overweight” rating and set a $142.00 price target (up previously from $94.00) on shares of Twilio in a report on Friday, January 24th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $134.26.

Insider Activity at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 10,834 shares of the stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $113.58, for a total value of $1,230,525.72. Following the transaction, the chief executive officer now owns 244,971 shares in the company, valued at approximately $27,823,806.18. This represents a 4.24 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Aidan Viggiano sold 6,552 shares of the 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 completion of the transaction, the chief financial officer now owns 153,910 shares in the company, valued at approximately $17,476,480.50. The trade was a 4.08 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,277 shares of company stock worth $2,441,324 in the last 90 days. Corporate insiders own 4.50% of the company’s stock.

Twilio Trading Up 4.2 %

NYSE TWLO opened at $98.90 on Friday. The business’s 50-day moving average price is $122.22 and its two-hundred day moving average price is $97.50. Twilio Inc. has a 12 month low of $52.51 and a 12 month high of $151.95. The firm has a market capitalization of $15.10 billion, a PE ratio of -154.53, a price-to-earnings-growth ratio of 4.30 and a beta of 1.47. 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 announced its earnings results on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing the consensus estimate 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 business had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.19 billion. On average, analysts expect that Twilio Inc. will post 1.44 EPS for the current year.

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.