HAP Trading LLC Decreases Position in Twilio Inc. $TWLO

Key Points

• HAP Trading LLC has reduced its holdings in Twilio Inc. by 7.8%, selling 3,908 shares and now owns 46,392 shares valued at approximately $4.54 million.
• Several institutional investors, including Woodward Diversified Capital LLC and Nations Financial Group Inc., have increased their stakes in Twilio, reflecting overall strong institutional interest in the company.
• Analysts have given Twilio a "Moderate Buy" rating with a range of target prices set between $125.00 and $150.00, indicating a positive outlook for the stock's future performance.

HAP Trading LLC lessened its holdings in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 7.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 46,392 shares of the technology company's stock after selling 3,908 shares during the period. Twilio makes up about 0.5% of HAP Trading LLC's portfolio, making the stock its 24th biggest holding. HAP Trading LLC's holdings in Twilio were worth $4,542,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Woodward Diversified Capital LLC raised its stake in Twilio by 1.5% in the 1st quarter. Woodward Diversified Capital LLC now owns 7,163 shares of the technology company's stock worth $701,000 after acquiring an additional 103 shares during the last quarter. Nations Financial Group Inc. IA ADV raised its stake in Twilio by 1.4% in the 1st quarter. Nations Financial Group Inc. IA ADV now owns 8,430 shares of the technology company's stock worth $825,000 after acquiring an additional 114 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in Twilio by 12.1% in the 1st quarter. Smartleaf Asset Management LLC now owns 1,104 shares of the technology company's stock worth $109,000 after acquiring an additional 119 shares during the last quarter. Strengthening Families & Communities LLC raised its stake in Twilio by 5.8% in the 1st quarter. Strengthening Families & Communities LLC now owns 2,278 shares of the technology company's stock worth $223,000 after acquiring an additional 125 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. AG raised its stake in Twilio by 1.3% in the 1st quarter. B. Metzler seel. Sohn & Co. AG now owns 9,871 shares of the technology company's stock worth $966,000 after acquiring an additional 127 shares during the last quarter. Hedge funds and other institutional investors own 84.27% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on TWLO shares. Needham & Company LLC restated a "buy" rating and issued a $125.00 target price on shares of Twilio in a research note on Friday, May 16th. KeyCorp started coverage on Twilio in a research note on Friday, June 6th. They issued an "overweight" rating and a $146.00 target price for the company. Jefferies Financial Group set a $132.00 target price on Twilio and gave the stock a "hold" rating in a research note on Sunday, June 15th. UBS Group reduced their target price on Twilio from $150.00 to $135.00 and set a "buy" rating for the company in a research note on Friday, August 8th. Finally, Scotiabank raised their target price on Twilio from $130.00 to $135.00 and gave the stock a "sector outperform" rating in a research note on Friday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Twilio presently has an average rating of "Moderate Buy" and an average target price of $129.32.

Insider Activity

In other news, CEO Khozema Shipchandler sold 13,595 shares of the firm's stock in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $117.06, for a total transaction of $1,591,430.70. Following the sale, the chief executive officer directly owned 246,986 shares in the company, valued at $28,912,181.16. This trade represents a 5.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Aidan Viggiano sold 1,807 shares of the firm's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $105.94, for a total transaction of $191,433.58. Following the completion of the transaction, the chief financial officer directly owned 146,016 shares in the company, valued at $15,468,935.04. This represents a 1.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 55,771 shares of company stock worth $6,727,911 in the last ninety days. Company insiders own 0.21% of the company's stock.

Twilio Price Performance

NYSE:TWLO opened at $103.29 on Thursday. Twilio Inc. has a 52 week low of $56.85 and a 52 week high of $151.95. The company has a quick ratio of 4.90, a current ratio of 4.90 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $15.85 billion, a PE ratio of 860.79, a price-to-earnings-growth ratio of 3.24 and a beta of 1.23. The stock's 50-day moving average price is $117.66 and its 200-day moving average price is $110.90.

Twilio (NYSE:TWLO - Get Free Report) last posted its earnings results on Thursday, August 7th. The technology company reported $1.19 EPS for the quarter, beating analysts' consensus estimates of $1.02 by $0.17. Twilio had a return on equity of 2.78% and a net margin of 0.43%.The firm had revenue of $1.23 billion for the quarter, compared to analysts' expectations of $1.19 billion. During the same period last year, the firm earned $0.87 EPS. The company's quarterly revenue was up 13.5% on a year-over-year basis. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. As a group, equities analysts expect that Twilio Inc. will post 1.44 EPS for the current fiscal year.

About Twilio

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.