Twin Peaks Wealth Advisors LLC Sells 94 Shares of Twilio Inc. (NYSE:TWLO)

Twin Peaks Wealth Advisors LLC lowered its stake in Twilio Inc. (NYSE:TWLO) by 2.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,582 shares of the technology company’s stock after selling 94 shares during the quarter. Twin Peaks Wealth Advisors LLC’s holdings in Twilio were worth $495,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. FMR LLC raised its stake in Twilio by 0.8% during the 3rd quarter. FMR LLC now owns 9,206,488 shares of the technology company’s stock valued at $600,447,000 after purchasing an additional 77,436 shares during the period. Pacer Advisors Inc. raised its stake in Twilio by 18.3% during the 3rd quarter. Pacer Advisors Inc. now owns 2,867,623 shares of the technology company’s stock valued at $187,026,000 after purchasing an additional 444,295 shares during the period. Geode Capital Management LLC raised its stake in Twilio by 1.3% during the 3rd quarter. Geode Capital Management LLC now owns 2,724,406 shares of the technology company’s stock valued at $177,622,000 after purchasing an additional 33,824 shares during the period. Bank of New York Mellon Corp raised its stake in Twilio by 11.0% during the 4th quarter. Bank of New York Mellon Corp now owns 1,009,028 shares of the technology company’s stock valued at $109,056,000 after purchasing an additional 99,786 shares during the period. Finally, Robeco Institutional Asset Management B.V. raised its stake in Twilio by 258.4% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 874,647 shares of the technology company’s stock valued at $57,044,000 after purchasing an additional 630,627 shares during the period. Institutional investors own 84.27% of the company’s stock.

Twilio Price Performance

Shares of Twilio stock opened at $117.90 on Tuesday. The stock has a market cap of $18.08 billion, a price-to-earnings ratio of -184.23, a price-to-earnings-growth ratio of 4.30 and a beta of 1.42. 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 stock has a 50 day moving average price of $122.21 and a 200-day moving average price of $93.21. Twilio Inc. has a one year low of $52.51 and a one year high of $151.95.

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

Wall Street Analyst Weigh In

Several brokerages recently issued reports on TWLO. JMP Securities reissued a “market outperform” rating and set a $165.00 target price on shares of Twilio in a research note on Friday, February 14th. Mizuho lifted their target price on Twilio from $140.00 to $150.00 and gave the company an “outperform” rating in a research note on Friday, January 24th. Scotiabank lifted their target price on Twilio from $90.00 to $160.00 and gave the company a “sector outperform” rating in a research note on Friday, January 24th. Monness Crespi & Hardt raised their price target on Twilio from $135.00 to $152.00 and gave the company a “buy” rating in a report on Monday, January 27th. Finally, The Goldman Sachs Group upgraded Twilio from a “neutral” rating to a “buy” rating and raised their price target for the company from $77.00 to $185.00 in a report on Monday, January 27th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Twilio currently has an average rating of “Moderate Buy” and a consensus price target of $132.74.

Insider Activity at Twilio

In related news, insider Dana Wagner sold 4,629 shares of the business’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $110.00, for a total transaction of $509,190.00. Following the completion of the transaction, the insider now owns 125,576 shares in the company, valued at $13,813,360. The trade was a 3.56 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Aidan Viggiano sold 1,391 shares of the business’s stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $124.51, for a total value of $173,193.41. Following the transaction, the chief financial officer now owns 152,519 shares of the company’s stock, valued at approximately $18,990,140.69. The trade was a 0.90 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 23,406 shares of company stock worth $2,656,889 in the last quarter. 4.50% of the stock is owned by company insiders.

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.