180 Wealth Advisors LLC Has $7.16 Million Stake in Twilio Inc. (NYSE:TWLO)

180 Wealth Advisors LLC cut its stake in Twilio Inc. (NYSE:TWLO) by 2.4% during the 4th quarter, HoldingsChannel.com reports. The fund owned 66,204 shares of the technology company’s stock after selling 1,610 shares during the period. Twilio accounts for 1.1% of 180 Wealth Advisors LLC’s portfolio, making the stock its 14th biggest position. 180 Wealth Advisors LLC’s holdings in Twilio were worth $7,155,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in TWLO. KBC Group NV increased its holdings in Twilio by 67.4% in the third quarter. KBC Group NV now owns 22,705 shares of the technology company’s stock worth $1,481,000 after purchasing an additional 9,140 shares in the last quarter. Zacks Investment Management bought a new position in Twilio during the third quarter worth $3,386,000. Wealth Enhancement Advisory Services LLC grew its holdings in Twilio by 167.1% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 14,612 shares of the technology company’s stock worth $953,000 after purchasing an additional 9,141 shares during the period. Affinity Investment Advisors LLC bought a new stake in Twilio in the third quarter valued at $434,000. Finally, Los Angeles Capital Management LLC acquired a new position in shares of Twilio during the third quarter valued at about $2,168,000. Institutional investors and hedge funds own 84.27% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on TWLO shares. Monness Crespi & Hardt upgraded Twilio from a “neutral” rating to a “buy” rating and set a $135.00 price target on the stock in a report on Friday, November 15th. UBS Group increased their price target on Twilio from $74.00 to $88.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Morgan Stanley raised their price objective on Twilio from $77.00 to $115.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 18th. JMP Securities reiterated a “market outperform” rating and issued a $110.00 target price on shares of Twilio in a research note on Tuesday, October 8th. Finally, Mizuho raised shares of Twilio from a “neutral” rating to an “outperform” rating and raised their price target for the company from $85.00 to $140.00 in a research report on Wednesday, January 8th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat, Twilio currently has an average rating of “Hold” and a consensus price target of $93.61.

Twilio Stock Down 0.3 %

Shares of NYSE:TWLO opened at $107.80 on Tuesday. The firm has a fifty day moving average price of $105.45 and a two-hundred day moving average price of $77.88. The company has a market cap of $16.53 billion, a price-to-earnings ratio of -41.95, a PEG ratio of 3.26 and a beta of 1.38. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.06 and a quick ratio of 5.06. Twilio Inc. has a one year low of $52.51 and a one year high of $116.43.

Insider Buying and Selling

In related news, CEO Khozema Shipchandler sold 10,834 shares of the stock in a transaction on Monday, January 6th. The stock was sold at an average price of $113.58, for a total value of $1,230,525.72. Following the transaction, the chief executive officer now owns 244,971 shares of the company’s stock, valued at $27,823,806.18. This represents a 4.24 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Dana Wagner sold 4,512 shares of the firm’s stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $80.00, for a total value of $360,960.00. Following the transaction, the insider now directly owns 142,291 shares in the company, valued at approximately $11,383,280. This represents a 3.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 26,527 shares of company stock worth $2,844,655 over the last ninety days. 4.50% of the stock is owned by corporate insiders.

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.