Sivia Capital Partners LLC Makes New Investment in Twilio Inc. (NYSE:TWLO)

Sivia Capital Partners LLC purchased a new position in Twilio Inc. (NYSE:TWLO) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 2,150 shares of the technology company’s stock, valued at approximately $232,000.

Several other institutional investors also recently modified their holdings of the stock. True Wealth Design LLC lifted its stake in Twilio by 5,200.0% during 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 during the period. Brooklyn Investment Group bought a new position in shares of Twilio during the third quarter worth $46,000. Venturi Wealth Management LLC raised its holdings in shares of Twilio by 205.4% during the 3rd quarter. Venturi Wealth Management LLC now owns 733 shares of the technology company’s stock worth $48,000 after acquiring an additional 493 shares in the last quarter. Huntington National Bank raised its position in shares of Twilio by 214.5% during the 3rd quarter. Huntington National Bank now owns 780 shares of the technology company’s stock valued at $51,000 after buying an additional 532 shares in the last quarter. Finally, Planning Capital Management Corp purchased a new position in shares of Twilio in the 3rd quarter worth approximately $53,000. 84.27% of the stock is currently owned by institutional investors.

Twilio Price Performance

NYSE TWLO traded down $0.55 on Monday, hitting $107.53. 1,212,737 shares of the company were exchanged, compared to its average volume of 1,879,883. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12. The company has a market cap of $16.49 billion, a P/E ratio of -41.84, a P/E/G ratio of 3.26 and a beta of 1.38. Twilio Inc. has a 1-year low of $52.51 and a 1-year high of $116.43. The firm has a 50 day moving average of $105.04 and a two-hundred day moving average of $77.52.

Insider Activity at Twilio

In related news, CEO Khozema Shipchandler sold 10,834 shares of the firm’s stock in a transaction on Monday, January 6th. The shares were 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 sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Aidan Viggiano sold 6,552 shares of Twilio stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $113.55, for a total value of $743,979.60. Following the completion of the sale, the chief financial officer now directly owns 153,910 shares in the company, valued at $17,476,480.50. This represents a 4.08 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 26,527 shares of company stock worth $2,844,655 over the last ninety days. Company insiders own 4.50% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on TWLO. Stifel Nicolaus boosted their price target on Twilio from $80.00 to $110.00 and gave the company a “hold” rating in a report on Wednesday, December 18th. Mizuho raised shares of Twilio from a “neutral” rating to an “outperform” rating and raised their price target for the company from $85.00 to $140.00 in a research note on Wednesday, January 8th. Wells Fargo & Company boosted their price target on shares of Twilio from $120.00 to $140.00 and gave the company an “overweight” rating in a research note on Thursday, January 2nd. Northland Securities lifted their price target on shares of Twilio from $66.00 to $86.00 and gave the stock a “market perform” rating in a research note on Thursday, October 31st. Finally, Piper Sandler raised their price target on Twilio from $83.00 to $94.00 and gave the stock an “overweight” rating in a research note on Thursday, October 31st. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $93.61.

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.