OneDigital Investment Advisors LLC Takes $294,000 Position in Twilio Inc. (NYSE:TWLO)

OneDigital Investment Advisors LLC acquired a new stake in Twilio Inc. (NYSE:TWLO - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 3,001 shares of the technology company's stock, valued at approximately $294,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. UMB Bank n.a. acquired a new stake in shares of Twilio in the 1st quarter valued at $37,000. CX Institutional acquired a new stake in shares of Twilio in the 1st quarter valued at $39,000. AdvisorNet Financial Inc grew its position in shares of Twilio by 1,778.6% in the 1st quarter. AdvisorNet Financial Inc now owns 526 shares of the technology company's stock valued at $52,000 after buying an additional 498 shares during the last quarter. Generali Investments Management Co LLC purchased a new position in shares of Twilio in the 1st quarter valued at $65,000. Finally, Murphy & Mullick Capital Management Corp purchased a new position in shares of Twilio in the 4th quarter valued at $75,000. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Twilio

In other news, CEO Khozema Shipchandler sold 13,595 shares of Twilio stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $117.06, for a total transaction of $1,591,430.70. Following the completion of the sale, the chief executive officer directly owned 246,986 shares in the company, valued at approximately $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 accessible through the SEC website. Also, Director Erika Rottenberg sold 4,100 shares of Twilio stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $120.03, for a total transaction of $492,123.00. Following the sale, the director owned 33,488 shares of the company's stock, valued at approximately $4,019,564.64. The trade was a 10.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 55,888 shares of company stock valued at $6,753,409. 0.21% of the stock is owned by corporate insiders.

Twilio Stock Performance

TWLO traded down $4.12 during trading on Friday, reaching $113.20. The company's stock had a trading volume of 2,771,662 shares, compared to its average volume of 2,644,794. Twilio Inc. has a 52-week low of $56.16 and a 52-week high of $151.95. The company's fifty day moving average price is $116.40 and its 200-day moving average price is $112.17. The company has a market capitalization of $17.28 billion, a price-to-earnings ratio of -539.05, a price-to-earnings-growth ratio of 3.52 and a beta of 1.30. The company has a debt-to-equity ratio of 0.12, a quick ratio of 4.78 and a current ratio of 4.78.

Twilio (NYSE:TWLO - Get Free Report) last announced 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 2.25% and a negative net margin of 0.74%. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same quarter in the previous year, the company earned $0.80 EPS. The firm's revenue for the quarter was up 12.0% compared to the same quarter last year. On average, equities analysts forecast that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. UBS Group dropped their target price on shares of Twilio from $175.00 to $150.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Needham & Company LLC reaffirmed a "buy" rating and issued a $125.00 target price on shares of Twilio in a research report on Friday, May 16th. Morgan Stanley dropped their target price on shares of Twilio from $160.00 to $111.00 and set an "overweight" rating on the stock in a research report on Wednesday, April 16th. Wall Street Zen downgraded shares of Twilio from a "strong-buy" rating to a "buy" rating in a research report on Friday, May 30th. Finally, Piper Sandler increased their target price on shares of Twilio from $106.00 to $121.00 and gave the company an "overweight" rating in a research report on Friday, May 2nd. One research analyst has rated the stock with a sell rating, seven have given a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Twilio currently has a consensus rating of "Moderate Buy" and a consensus price target of $126.39.

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.