Retireful LLC Makes New $1.48 Million Investment in Twilio Inc. (NYSE:TWLO)

Retireful LLC acquired a new stake in Twilio Inc. (NYSE:TWLO) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 13,649 shares of the technology company’s stock, valued at approximately $1,475,000.

Several other large investors have also recently made changes to their positions in the business. AQR Capital Management LLC raised its holdings in shares of Twilio by 736.9% in the 2nd quarter. AQR Capital Management LLC now owns 1,142,967 shares of the technology company’s stock worth $63,915,000 after purchasing an additional 1,006,391 shares during the period. Robeco Institutional Asset Management B.V. raised its stake in shares of Twilio by 258.4% in the third quarter. Robeco Institutional Asset Management B.V. now owns 874,647 shares of the technology company’s stock valued at $57,044,000 after buying an additional 630,627 shares during the period. Pacer Advisors Inc. raised its stake in shares of Twilio by 18.3% in the third quarter. Pacer Advisors Inc. now owns 2,867,623 shares of the technology company’s stock valued at $187,026,000 after buying an additional 444,295 shares during the period. Allspring Global Investments Holdings LLC grew its stake in shares of Twilio by 50,490.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 399,662 shares of the technology company’s stock worth $26,066,000 after acquiring an additional 398,872 shares during the period. Finally, Point72 Asset Management L.P. increased its holdings in Twilio by 30.4% in the 2nd quarter. Point72 Asset Management L.P. now owns 1,334,500 shares of the technology company’s stock worth $75,813,000 after acquiring an additional 311,481 shares during the last quarter. 84.27% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have commented on TWLO. Barclays upped their price objective on shares of Twilio from $65.00 to $80.00 and gave the company an “equal weight” rating in a report on Friday, November 1st. Tigress Financial upped their price target on shares of Twilio from $85.00 to $135.00 and gave the company a “buy” rating in a research note on Wednesday, November 27th. Monness Crespi & Hardt upgraded shares of Twilio from a “neutral” rating to a “buy” rating and set a $135.00 price objective for the company in a research note on Friday, November 15th. JMP Securities reissued a “market outperform” rating and set a $110.00 target price on shares of Twilio in a report on Tuesday, October 8th. Finally, Stifel Nicolaus raised their price target on Twilio from $80.00 to $110.00 and gave the stock a “hold” rating in a report on Wednesday, December 18th. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and twelve have issued a buy rating to the company. According to MarketBeat.com, Twilio presently has an average rating of “Hold” and an average price target of $93.61.

Twilio Stock Up 2.2 %

NYSE TWLO opened at $114.78 on Friday. Twilio Inc. has a 52-week low of $52.51 and a 52-week high of $117.92. The company has a fifty day moving average of $106.29 and a 200-day moving average of $78.49. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12.

Insider Buying and Selling 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 shares were sold at an average price of $113.58, for a total transaction of $1,230,525.72. Following the transaction, 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 Securities & Exchange Commission, which is available at this hyperlink. Also, insider Dana Wagner sold 4,629 shares of the business’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $110.00, for a total transaction of $509,190.00. Following the completion of the sale, the insider now owns 125,576 shares of the company’s stock, valued at approximately $13,813,360. The trade was a 3.56 % decrease in their ownership of the stock. 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 90 days. Corporate 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.