180 Wealth Advisors LLC Sells 2,411 Shares of Twilio Inc. (NYSE:TWLO)

180 Wealth Advisors LLC decreased its holdings in Twilio Inc. (NYSE:TWLO - Free Report) by 3.6% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 63,793 shares of the technology company's stock after selling 2,411 shares during the quarter. Twilio makes up 1.0% of 180 Wealth Advisors LLC's portfolio, making the stock its 17th biggest position. 180 Wealth Advisors LLC's holdings in Twilio were worth $6,246,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the business. Arrowstreet Capital Limited Partnership grew its holdings in shares of Twilio by 718.7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 3,262,765 shares of the technology company's stock valued at $352,640,000 after purchasing an additional 2,864,235 shares during the last quarter. Jericho Capital Asset Management L.P. bought a new position in Twilio in the 4th quarter worth approximately $301,258,000. Norges Bank bought a new position in Twilio during the 4th quarter valued at $222,146,000. Two Sigma Investments LP boosted its stake in Twilio by 1,292.9% during the 4th quarter. Two Sigma Investments LP now owns 1,129,725 shares of the technology company's stock valued at $122,101,000 after purchasing an additional 1,048,619 shares in the last quarter. Finally, Whale Rock Capital Management LLC bought a new position in Twilio during the 4th quarter valued at $111,312,000. Institutional investors and hedge funds own 84.27% of the company's stock.

Wall Street Analyst Weigh In

TWLO has been the subject of a number of recent research reports. HSBC upgraded Twilio from a "reduce" rating to a "hold" rating and increased their price objective for the company from $77.00 to $99.00 in a research report on Monday, May 5th. Barclays increased their price objective on Twilio from $120.00 to $140.00 and gave the company an "equal weight" rating in a research report on Friday, February 14th. Scotiabank increased their price objective on Twilio from $130.00 to $135.00 and gave the company a "sector outperform" rating in a research report on Friday, May 2nd. Jefferies Financial Group cut their price objective on Twilio from $145.00 to $108.00 and set a "hold" rating for the company in a research report on Monday, April 28th. Finally, Stifel Nicolaus increased their price objective on Twilio from $130.00 to $135.00 and gave the company a "hold" rating in a research report on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $124.41.

Insider Activity at Twilio

In other Twilio news, CFO Aidan Viggiano sold 7,524 shares of the company's stock in a transaction on Monday, March 31st. The stock was sold at an average price of $95.88, for a total transaction of $721,401.12. Following the transaction, the chief financial officer now owns 176,640 shares of the company's stock, valued at approximately $16,936,243.20. This represents a 4.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Khozema Shipchandler sold 12,056 shares of the company's stock in a transaction on Monday, March 31st. The stock was sold at an average price of $95.88, for a total value of $1,155,929.28. Following the transaction, the chief executive officer now directly owns 295,134 shares in the company, valued at approximately $28,297,447.92. This represents a 3.92% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 48,884 shares of company stock worth $4,719,065 over the last three months. Company insiders own 0.21% of the company's stock.

Twilio Stock Performance

Shares of Twilio stock traded up $2.11 during trading on Thursday, reaching $121.98. The company's stock had a trading volume of 1,044,476 shares, compared to its average volume of 2,676,734. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06. The business's fifty day moving average price is $100.72 and its 200-day moving average price is $109.91. The firm has a market cap of $18.62 billion, a price-to-earnings ratio of -190.59, a price-to-earnings-growth ratio of 4.30 and a beta of 1.44. Twilio Inc. has a one year low of $52.51 and a one year high of $151.95.

Twilio (NYSE:TWLO - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The technology company reported $1.14 EPS for the quarter, topping analysts' consensus estimates of $0.92 by $0.22. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.14 billion. During the same period in the previous year, the company posted $0.80 earnings per share. The firm's revenue for the quarter was up 12.0% on a year-over-year basis. As a group, equities research analysts predict that Twilio Inc. will post 1.44 earnings per share for the current year.

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.