Impax Asset Management Group plc Takes Position in Twilio Inc. $TWLO

Impax Asset Management Group plc bought a new stake in shares of Twilio Inc. (NYSE:TWLO) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 65,636 shares of the technology company’s stock, valued at approximately $6,570,000.

Other institutional investors have also recently added to or reduced their stakes in the company. CENTRAL TRUST Co purchased a new position in Twilio during the second quarter valued at $25,000. Estabrook Capital Management acquired a new position in shares of Twilio during the 2nd quarter worth about $31,000. First Horizon Corp acquired a new stake in Twilio in the 3rd quarter worth about $28,000. Financial Gravity Companies Inc. purchased a new stake in Twilio during the 2nd quarter worth approximately $35,000. Finally, SJS Investment Consulting Inc. raised its holdings in shares of Twilio by 1,564.7% during the third quarter. SJS Investment Consulting Inc. now owns 283 shares of the technology company’s stock valued at $28,000 after acquiring an additional 266 shares during the last quarter. Institutional investors and hedge funds own 84.27% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on TWLO shares. Wall Street Zen cut Twilio from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 11th. Citigroup reiterated a “market perform” rating on shares of Twilio in a research report on Tuesday, December 30th. BTIG Research assumed coverage on shares of Twilio in a research note on Monday, January 5th. They issued a “buy” rating and a $165.00 price target on the stock. Morgan Stanley upped their price objective on shares of Twilio from $154.00 to $169.00 and gave the company an “overweight” rating in a research note on Thursday, January 15th. Finally, Stifel Nicolaus upped their target price on Twilio from $110.00 to $120.00 and gave the company a “hold” rating in a report on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $146.44.

Insider Buying and Selling at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 13,336 shares of the business’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $134.28, for a total transaction of $1,790,758.08. Following the sale, the chief executive officer directly owned 193,781 shares in the company, valued at $26,020,912.68. This represents a 6.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Aidan Viggiano sold 8,109 shares of the stock in a transaction on Wednesday, December 31st. The shares were sold at an average price of $143.38, for a total value of $1,162,668.42. Following the completion of the sale, the chief financial officer owned 119,449 shares in the company, valued at approximately $17,126,597.62. The trade was a 6.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,043,438 shares of company stock valued at $135,022,770 in the last three months. 0.21% of the stock is owned by corporate insiders.

Twilio Stock Performance

NYSE:TWLO opened at $110.34 on Thursday. Twilio Inc. has a fifty-two week low of $77.51 and a fifty-two week high of $147.42. The company has a debt-to-equity ratio of 0.13, a quick ratio of 4.68 and a current ratio of 4.68. The company has a 50 day moving average price of $130.00 and a 200 day moving average price of $119.16. The stock has a market capitalization of $16.93 billion, a P/E ratio of 269.11, a PEG ratio of 2.32 and a beta of 1.32.

Twilio Company Profile

Twilio Inc (NYSE: TWLO) is a cloud communications platform-as-a-service (CPaaS) company that enables developers and enterprises to embed communications into web and mobile applications. Its core offering is a suite of programmable APIs that handle messaging (SMS, MMS, and chat), voice calling, video, and user authentication. Twilio’s platform is designed to help businesses build customer engagement and communication workflows without managing telecommunications infrastructure directly.

The company’s product portfolio includes programmable voice and messaging APIs, Twilio Video for real‑time video applications, and Twilio Authy for multi‑factor authentication.