One Wealth Advisors LLC Invests $302,000 in Twilio Inc. (NYSE:TWLO)

One Wealth Advisors LLC acquired a new position in Twilio Inc. (NYSE:TWLO - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 3,087 shares of the technology company's stock, valued at approximately $302,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of TWLO. LRI Investments LLC acquired a new stake in shares of Twilio in the first quarter worth $25,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of Twilio in the first quarter worth $28,000. Cloud Capital Management LLC acquired a new stake in shares of Twilio in the first quarter worth $34,000. UMB Bank n.a. acquired a new stake in shares of Twilio in the first quarter worth $37,000. Finally, CX Institutional acquired a new stake in shares of Twilio in the first quarter worth $39,000. Institutional investors own 84.27% of the company's stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on TWLO shares. Morgan Stanley cut their price objective on Twilio from $160.00 to $111.00 and set an "overweight" rating for the company in a report on Wednesday, April 16th. UBS Group cut their price objective on Twilio from $175.00 to $150.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Needham & Company LLC reiterated a "buy" rating and set a $125.00 price objective on shares of Twilio in a report on Friday, May 16th. Robert W. Baird cut their target price on Twilio from $160.00 to $130.00 and set an "outperform" rating on the stock in a report on Wednesday, April 30th. Finally, HSBC upgraded Twilio from a "reduce" rating to a "hold" rating and raised their target price for the company from $77.00 to $99.00 in a report on Monday, May 5th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, Twilio has a consensus rating of "Moderate Buy" and an average price target of $127.22.

Twilio Stock Performance

TWLO stock traded down $0.68 during trading on Friday, reaching $130.99. 2,017,268 shares of the stock were exchanged, compared to its average volume of 2,552,000. Twilio Inc. has a twelve month low of $56.16 and a twelve month high of $151.95. The company has a market capitalization of $20.00 billion, a P/E ratio of -623.78, a price-to-earnings-growth ratio of 4.09 and a beta of 1.30. The stock has a 50 day simple moving average of $120.26 and a 200-day simple moving average of $113.41. The company has a current ratio of 4.78, a quick ratio of 4.78 and a debt-to-equity ratio of 0.12.

Twilio (NYSE:TWLO - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The technology company reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.22. The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.14 billion. Twilio had a negative net margin of 0.74% and a positive return on equity of 2.25%. The business's revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.80 EPS. As a group, sell-side analysts anticipate that Twilio Inc. will post 1.44 earnings per share for the current year.

Insider Activity

In other news, CEO Khozema Shipchandler sold 13,595 shares of the company's stock in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $117.06, for a total value of $1,591,430.70. Following the sale, the chief executive officer directly owned 246,986 shares in the company, valued at approximately $28,912,181.16. This represents a 5.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Erika Rottenberg sold 4,100 shares of the company's stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $120.03, for a total value of $492,123.00. Following the completion of the sale, the director owned 33,488 shares in the company, valued at approximately $4,019,564.64. This represents a 10.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 55,888 shares of company stock worth $6,753,409. Company insiders own 0.21% of the company's stock.

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.