Twilio Inc. (NYSE:TWLO) Shares Purchased by Blue Zone Wealth Advisors LLC

Blue Zone Wealth Advisors LLC increased its holdings in shares of Twilio Inc. (NYSE:TWLO) by 9.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,160 shares of the technology company’s stock after purchasing an additional 432 shares during the period. Blue Zone Wealth Advisors LLC’s holdings in Twilio were worth $316,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Principal Securities Inc. purchased a new position in shares of Twilio in the 4th quarter valued at about $25,000. Westend Capital Management LLC purchased a new position in shares of Twilio in the 1st quarter valued at about $35,000. Blue Trust Inc. increased its holdings in shares of Twilio by 1,566.7% in the 4th quarter. Blue Trust Inc. now owns 600 shares of the technology company’s stock valued at $46,000 after purchasing an additional 564 shares in the last quarter. Friedenthal Financial purchased a new position in shares of Twilio in the 4th quarter valued at about $46,000. Finally, Fifth Third Bancorp purchased a new position in shares of Twilio in the 4th quarter valued at about $49,000. Institutional investors and hedge funds own 84.27% of the company’s stock.

Twilio Trading Up 1.5 %

NYSE TWLO traded up $0.82 during mid-day trading on Friday, hitting $56.81. The company’s stock had a trading volume of 2,646,437 shares, compared to its average volume of 2,566,100. Twilio Inc. has a 52-week low of $49.86 and a 52-week high of $78.16. The stock’s fifty day simple moving average is $58.49 and its two-hundred day simple moving average is $63.60. The company has a debt-to-equity ratio of 0.11, a current ratio of 6.55 and a quick ratio of 6.55. The firm has a market capitalization of $9.72 billion, a P/E ratio of -14.17, a price-to-earnings-growth ratio of 9.59 and a beta of 1.34.

Twilio (NYSE:TWLO) last posted its quarterly earnings results on Tuesday, May 7th. The technology company reported $0.06 EPS for the quarter, beating the consensus estimate of ($0.09) by $0.15. Twilio had a negative net margin of 17.37% and a negative return on equity of 0.89%. The firm had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.03 billion. Research analysts expect that Twilio Inc. will post 0.18 EPS for the current year.

Wall Street Analyst Weigh In

TWLO has been the subject of a number of research analyst reports. StockNews.com downgraded shares of Twilio from a “buy” rating to a “hold” rating in a report on Tuesday, June 25th. TD Cowen lowered their price objective on shares of Twilio from $72.00 to $65.00 and set a “market perform” rating on the stock in a research note on Wednesday, March 6th. Morgan Stanley cut shares of Twilio from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $70.00 to $60.00 in a research note on Friday, June 14th. Oppenheimer reissued an “outperform” rating and issued a $75.00 price objective on shares of Twilio in a research note on Wednesday, April 17th. Finally, Stifel Nicolaus lowered their price objective on shares of Twilio from $70.00 to $60.00 and set a “hold” rating on the stock in a research note on Wednesday, March 6th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and nine have assigned a buy rating to the company. According to MarketBeat.com, Twilio currently has a consensus rating of “Hold” and a consensus price target of $69.48.

Insider Activity

In other news, CEO Khozema Shipchandler sold 24,657 shares of Twilio stock in a transaction that occurred on Friday, June 7th. The shares were sold at an average price of $57.00, for a total transaction of $1,405,449.00. Following the sale, the chief executive officer now owns 311,325 shares in the company, valued at $17,745,525. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, CEO Khozema Shipchandler sold 24,657 shares of Twilio stock in a transaction on Friday, June 7th. The shares were sold at an average price of $57.00, for a total value of $1,405,449.00. Following the completion of the sale, the chief executive officer now owns 311,325 shares in the company, valued at $17,745,525. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Dana Wagner sold 4,130 shares of Twilio stock in a transaction on Monday, April 1st. The stock was sold at an average price of $62.14, for a total transaction of $256,638.20. Following the completion of the sale, the insider now owns 167,614 shares of the company’s stock, valued at approximately $10,415,533.96. The disclosure for this sale can be found here. Insiders have sold 52,349 shares of company stock worth $3,120,046 over the last 90 days. Company insiders own 4.50% 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.