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

Lyell Wealth Management LP cut its stake in Twilio Inc. (NYSE:TWLO) by 8.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 5,334 shares of the technology company’s stock after selling 513 shares during the quarter. Lyell Wealth Management LP’s holdings in Twilio were worth $576,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of TWLO. True Wealth Design LLC raised its stake in shares of Twilio by 5,200.0% in the third 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 stake in shares of Twilio by 244.0% in the fourth quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company’s stock worth $41,000 after purchasing an additional 266 shares during the last quarter. Brooklyn Investment Group purchased a new stake in shares of Twilio in the third quarter worth approximately $46,000. Venturi Wealth Management LLC raised its stake in shares of Twilio by 205.4% in the third quarter. Venturi Wealth Management LLC now owns 733 shares of the technology company’s stock worth $48,000 after purchasing an additional 493 shares during the last quarter. Finally, Huntington National Bank raised its stake in shares of Twilio by 214.5% in the third quarter. Huntington National Bank now owns 780 shares of the technology company’s stock worth $51,000 after purchasing an additional 532 shares during the last quarter. 84.27% of the stock is owned by hedge funds and other institutional investors.

Twilio Price Performance

Twilio stock opened at $125.43 on Wednesday. Twilio Inc. has a one year low of $52.51 and a one year high of $151.95. The business has a fifty day moving average price of $121.50 and a 200-day moving average price of $91.13. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12.

Twilio (NYSE:TWLO) last posted 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 positive return on equity of 1.38% and a negative net margin of 2.45%. The company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.19 billion. As a group, equities analysts anticipate that Twilio Inc. will post 1.4 EPS for the current year.

Insider Transactions at Twilio

In related news, CEO Khozema Shipchandler sold 10,834 shares of the stock in a transaction 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 sale, the chief executive officer now owns 244,971 shares in the company, valued at approximately $27,823,806.18. This trade represents a 4.24 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Aidan Viggiano sold 6,552 shares of the stock in a transaction 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 sale, the chief financial officer now owns 153,910 shares in the company, valued at $17,476,480.50. This trade represents a 4.08 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 22,015 shares of company stock valued at $2,483,695 over the last three months. Company insiders own 4.50% of the company’s stock.

Analyst Upgrades and Downgrades

TWLO has been the subject of several analyst reports. Scotiabank increased their price objective on Twilio from $90.00 to $160.00 and gave the stock a “sector outperform” rating in a research note on Friday, January 24th. JPMorgan Chase & Co. upped their target price on Twilio from $83.00 to $130.00 and gave the company an “overweight” rating in a report on Friday, January 24th. Robert W. Baird raised Twilio from a “neutral” rating to an “outperform” rating and upped their target price for the company from $115.00 to $160.00 in a report on Friday, January 24th. Mizuho upped their target price on Twilio from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Finally, Baird R W raised Twilio from a “hold” rating to a “strong-buy” rating in a report on Friday, January 24th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Twilio has a consensus rating of “Moderate Buy” and an average price target 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.