180 Wealth Advisors LLC Sells 2,267 Shares of Twilio Inc. $TWLO

Key Points

• 180 Wealth Advisors LLC reduced its position in Twilio Inc. by 3.6%, selling 2,267 shares, which brings its total holdings to 61,526 shares worth approximately $7.65 million.
• In the first quarter, several institutional investors significantly increased their stakes in Twilio, with Wellington Management raising its stake by over 4,280%, now owning approximately 260,069 shares.
• Twilio's recent quarterly earnings exceeded analysts' expectations, reporting $1.19 EPS and revenue of $1.23 billion, a 13.5% increase compared to the same quarter last year.

180 Wealth Advisors LLC decreased its holdings in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 3.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 61,526 shares of the technology company's stock after selling 2,267 shares during the period. Twilio makes up about 1.1% of 180 Wealth Advisors LLC's holdings, making the stock its 15th largest holding. 180 Wealth Advisors LLC's holdings in Twilio were worth $7,651,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in TWLO. Concurrent Investment Advisors LLC lifted its stake in Twilio by 211.8% during the first quarter. Concurrent Investment Advisors LLC now owns 5,878 shares of the technology company's stock worth $575,000 after purchasing an additional 3,993 shares during the last quarter. Wellington Management Group LLP lifted its stake in Twilio by 4,280.5% during the first quarter. Wellington Management Group LLP now owns 260,069 shares of the technology company's stock worth $25,463,000 after purchasing an additional 254,132 shares during the last quarter. Bank of Nova Scotia lifted its stake in Twilio by 502.1% during the first quarter. Bank of Nova Scotia now owns 32,341 shares of the technology company's stock worth $3,167,000 after purchasing an additional 26,970 shares during the last quarter. ASR Vermogensbeheer N.V. bought a new stake in Twilio during the first quarter worth about $716,000. Finally, Knights of Columbus Asset Advisors LLC bought a new stake in Twilio during the second quarter worth about $4,809,000. Institutional investors own 84.27% of the company's stock.

Insider Transactions at Twilio

In related news, CFO Aidan Viggiano sold 8,363 shares of the business's stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $100.59, for a total transaction of $841,234.17. Following the transaction, the chief financial officer owned 137,653 shares in the company, valued at $13,846,515.27. The trade was a 5.73% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Khozema Shipchandler sold 13,681 shares of the business's stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $100.59, for a total value of $1,376,171.79. Following the transaction, the chief executive officer owned 233,305 shares in the company, valued at approximately $23,468,149.95. This represents a 5.54% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 44,808 shares of company stock worth $4,677,916. 0.21% of the stock is owned by company insiders.

Twilio Stock Up 1.3%

TWLO opened at $110.81 on Friday. The company has a market cap of $17.00 billion, a P/E ratio of 923.49, a P/E/G ratio of 3.39 and a beta of 1.25. The business's 50-day moving average price is $105.79 and its 200-day moving average price is $109.67. The company has a current ratio of 4.90, a quick ratio of 4.90 and a debt-to-equity ratio of 0.12. Twilio Inc. has a 12 month low of $70.03 and a 12 month high of $151.95.

Twilio (NYSE:TWLO - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The technology company reported $1.19 earnings per share (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 company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.19 billion. During the same quarter in the previous year, the business earned $0.87 EPS. Twilio's revenue was up 13.5% compared to the same quarter last year. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. On average, equities analysts expect that Twilio Inc. will post 1.44 EPS for the current year.

Analyst Ratings Changes

Several brokerages have issued reports on TWLO. UBS Group dropped their price target on Twilio from $150.00 to $135.00 and set a "buy" rating for the company in a research note on Friday, August 8th. Piper Sandler lifted their price target on Twilio from $140.00 to $144.00 and gave the stock an "overweight" rating in a research note on Friday, August 8th. Wells Fargo & Company began coverage on Twilio in a research note on Tuesday, September 30th. They set an "overweight" rating and a $130.00 price target for the company. Weiss Ratings reaffirmed a "hold (c-)" rating on shares of Twilio in a research note on Wednesday, October 8th. Finally, Royal Bank Of Canada reiterated an "underperform" rating and issued a $75.00 price objective on shares of Twilio in a report on Wednesday, September 17th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $132.00.

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.