Generali Investments Management Co LLC Invests $65,000 in Twilio Inc. (NYSE:TWLO)

Generali Investments Management Co LLC acquired a new position in shares of Twilio Inc. (NYSE:TWLO) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 662 shares of the technology company’s stock, valued at approximately $65,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC grew its stake in Twilio by 6.6% in the 4th quarter. Brighton Jones LLC now owns 10,051 shares of the technology company’s stock valued at $1,086,000 after acquiring an additional 623 shares during the period. Yousif Capital Management LLC acquired a new stake in Twilio in the 4th quarter valued at $233,000. Stratos Wealth Partners LTD. acquired a new stake in Twilio in the 4th quarter valued at $1,357,000. Choreo LLC grew its stake in Twilio by 15.4% in the 4th quarter. Choreo LLC now owns 16,447 shares of the technology company’s stock valued at $1,786,000 after acquiring an additional 2,190 shares during the period. Finally, Bleakley Financial Group LLC acquired a new stake in Twilio in the 4th quarter valued at $230,000. Institutional investors and hedge funds own 84.27% of the company’s stock.

Twilio Price Performance

Shares of NYSE TWLO opened at $121.86 on Friday. 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 Inc. has a twelve month low of $52.51 and a twelve month high of $151.95. The stock has a 50 day moving average of $101.65 and a two-hundred day moving average of $110.25. The stock has a market cap of $18.60 billion, a P/E ratio of -190.41, a P/E/G ratio of 4.30 and a beta of 1.44.

Twilio (NYSE:TWLO) last issued its quarterly earnings data on Thursday, May 1st. The technology company reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.22. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. The company had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.14 billion. During the same quarter in the previous year, the business earned $0.80 earnings per share. The firm’s revenue for the quarter was up 12.0% on a year-over-year basis. On average, research analysts forecast that Twilio Inc. will post 1.44 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on TWLO shares. Piper Sandler raised their price objective on Twilio from $106.00 to $121.00 and gave the company an “overweight” rating in a report on Friday, May 2nd. UBS Group decreased their price objective on Twilio from $175.00 to $150.00 and set a “buy” rating on the stock in a report on Friday, May 2nd. Barclays raised their price objective on Twilio from $120.00 to $140.00 and gave the company an “equal weight” rating in a report on Friday, February 14th. Jefferies Financial Group decreased their price objective on Twilio from $145.00 to $108.00 and set a “hold” rating on the stock in a report on Monday, April 28th. Finally, Stifel Nicolaus raised their price objective on Twilio from $130.00 to $135.00 and gave the company a “hold” rating in a report on Friday, February 14th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $125.35.

Insider Transactions at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 12,056 shares of the stock in a transaction on Monday, March 31st. The stock was sold at an average price of $95.88, for a total value of $1,155,929.28. Following the completion of the transaction, the chief executive officer now owns 295,134 shares in the company, valued at approximately $28,297,447.92. This represents a 3.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Aidan Viggiano sold 7,524 shares of the stock in a transaction on Monday, March 31st. The stock was sold at an average price of $95.88, for a total value of $721,401.12. Following the completion of the transaction, the chief financial officer now owns 176,640 shares of the company’s stock, valued at $16,936,243.20. The trade was a 4.09% decrease in their position. The disclosure for this sale can be found here. Insiders sold 48,884 shares of company stock worth $4,719,065 over the last 90 days. 0.21% of the stock is currently owned by insiders.

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.