180 Wealth Advisors LLC Sells 1,610 Shares of Twilio Inc. (NYSE:TWLO)

180 Wealth Advisors LLC trimmed its position in shares of Twilio Inc. (NYSE:TWLO) by 2.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 66,204 shares of the technology company’s stock after selling 1,610 shares during the period. Twilio makes up approximately 1.1% of 180 Wealth Advisors LLC’s holdings, making the stock its 14th largest holding. 180 Wealth Advisors LLC’s holdings in Twilio were worth $7,155,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. True Wealth Design LLC lifted its stake in Twilio by 5,200.0% during the third quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock worth $28,000 after purchasing an additional 416 shares during the period. Brooklyn Investment Group acquired a new position in shares of Twilio in the 3rd quarter worth approximately $46,000. Venturi Wealth Management LLC lifted its position in shares of Twilio by 205.4% during the 3rd quarter. Venturi Wealth Management LLC now owns 733 shares of the technology company’s stock worth $48,000 after buying an additional 493 shares during the period. Huntington National Bank boosted its stake in Twilio by 214.5% in the 3rd quarter. Huntington National Bank now owns 780 shares of the technology company’s stock valued at $51,000 after buying an additional 532 shares in the last quarter. Finally, Planning Capital Management Corp bought a new stake in Twilio in the third quarter valued at $53,000. 84.27% of the stock is currently owned by institutional investors.

Insider Activity at Twilio

In other Twilio news, CFO Aidan Viggiano sold 6,552 shares of the firm’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of $113.55, for a total value of $743,979.60. Following the transaction, the chief financial officer now directly owns 153,910 shares of the company’s stock, valued at $17,476,480.50. This trade represents a 4.08 % 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, insider Dana Wagner sold 4,512 shares of Twilio stock in a transaction that occurred on Thursday, October 31st. The shares were sold at an average price of $80.00, for a total transaction of $360,960.00. Following the completion of the transaction, the insider now directly owns 142,291 shares in the company, valued at $11,383,280. This trade represents a 3.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 26,527 shares of company stock worth $2,844,655. Corporate insiders own 4.50% of the company’s stock.

Twilio Trading Down 0.3 %

Shares of NYSE:TWLO opened at $107.80 on Tuesday. Twilio Inc. has a 12-month low of $52.51 and a 12-month high of $116.43. The business has a 50 day moving average of $105.45 and a 200-day moving average of $77.88. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12. The stock has a market cap of $16.53 billion, a PE ratio of -41.95, a P/E/G ratio of 3.26 and a beta of 1.38.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Northland Securities lifted their price objective on Twilio from $66.00 to $86.00 and gave the company a “market perform” rating in a report on Thursday, October 31st. JPMorgan Chase & Co. upped their price objective on shares of Twilio from $78.00 to $83.00 and gave the stock an “overweight” rating in a research note on Thursday, October 31st. Jefferies Financial Group boosted their target price on Twilio from $60.00 to $85.00 and gave the stock a “hold” rating in a report on Thursday, October 31st. Stifel Nicolaus raised their price target on Twilio from $80.00 to $110.00 and gave the company a “hold” rating in a report on Wednesday, December 18th. Finally, Oppenheimer boosted their price objective on Twilio from $85.00 to $90.00 and gave the stock an “outperform” rating in a research note on Thursday, October 31st. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and twelve have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $93.61.

Twilio Company 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.