MGO One Seven LLC Invests $2.08 Million in Twilio Inc. (NYSE:TWLO)

MGO One Seven LLC bought a new position in Twilio Inc. (NYSE:TWLO - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 19,235 shares of the technology company's stock, valued at approximately $2,079,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. M&T Bank Corp boosted its stake in shares of Twilio by 1.0% during the 4th quarter. M&T Bank Corp now owns 8,727 shares of the technology company's stock worth $943,000 after acquiring an additional 85 shares in the last quarter. Allworth Financial LP increased its stake in shares of Twilio by 6.9% in the 4th quarter. Allworth Financial LP now owns 1,465 shares of the technology company's stock valued at $165,000 after purchasing an additional 94 shares in the last quarter. GHP Investment Advisors Inc. raised its holdings in Twilio by 10.4% in the 4th quarter. GHP Investment Advisors Inc. now owns 1,107 shares of the technology company's stock worth $120,000 after purchasing an additional 104 shares during the period. Tidal Investments LLC boosted its position in Twilio by 0.6% during the third quarter. Tidal Investments LLC now owns 17,666 shares of the technology company's stock worth $1,152,000 after purchasing an additional 112 shares in the last quarter. Finally, Freestone Capital Holdings LLC grew its holdings in Twilio by 3.3% in the fourth quarter. Freestone Capital Holdings LLC now owns 3,918 shares of the technology company's stock valued at $423,000 after purchasing an additional 124 shares during the period. Institutional investors own 84.27% of the company's stock.

Twilio Trading Down 1.0 %

Twilio stock traded down $1.01 during mid-day trading on Wednesday, hitting $95.47. The company's stock had a trading volume of 1,021,138 shares, compared to its average volume of 2,649,864. The stock's fifty day moving average is $98.42 and its two-hundred day moving average is $104.54. The company has a current ratio of 5.06, a quick ratio of 5.06 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $14.57 billion, a PE ratio of -149.17, a price-to-earnings-growth ratio of 4.30 and a beta of 1.50. Twilio Inc. has a 1 year low of $52.51 and a 1 year high of $151.95.

Twilio (NYSE:TWLO - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.99 by ($0.77). The business had revenue of $1.19 billion for the quarter, compared to analysts' expectations of $1.19 billion. Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. On average, analysts anticipate that Twilio Inc. will post 1.44 EPS for the current year.

Insider Activity

In other Twilio news, 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 transaction of $1,155,929.28. Following the transaction, the chief executive officer now directly owns 295,134 shares in the company, valued at $28,297,447.92. This represents a 3.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Aidan Viggiano sold 2,500 shares of Twilio stock in a transaction on Friday, February 21st. The shares were sold at an average price of $117.45, for a total value of $293,625.00. Following the completion of the sale, the chief financial officer now directly owns 184,164 shares of the company's stock, valued at $21,630,061.80. The trade was a 1.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 23,471 shares of company stock valued at $2,344,149. Company insiders own 4.50% of the company's stock.

Analysts Set New Price Targets

TWLO has been the topic of a number of recent analyst reports. Tigress Financial increased their target price on Twilio from $135.00 to $170.00 and gave the company a "buy" rating in a research report on Tuesday, February 25th. Mizuho decreased their price objective on shares of Twilio from $165.00 to $125.00 and set an "outperform" rating on the stock in a report on Tuesday, April 15th. Needham & Company LLC cut their target price on shares of Twilio from $165.00 to $125.00 and set a "buy" rating for the company in a research note on Tuesday. Monness Crespi & Hardt upped their price target on shares of Twilio from $135.00 to $152.00 and gave the stock a "buy" rating in a research report on Monday, January 27th. 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, March 19th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $124.65.

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.