Twilio Inc. (NYSE:TWLO) Shares Sold by Green Alpha Advisors LLC

Green Alpha Advisors LLC lessened its stake in shares of Twilio Inc. (NYSE:TWLO) by 11.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,851 shares of the technology company’s stock after selling 1,095 shares during the period. Green Alpha Advisors LLC’s holdings in Twilio were worth $957,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of TWLO. Harbor Capital Advisors Inc. acquired a new position in shares of Twilio during the fourth quarter valued at approximately $270,000. Wealth Enhancement Advisory Services LLC increased its position in shares of Twilio by 2.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 14,902 shares of the technology company’s stock worth $1,611,000 after purchasing an additional 290 shares in the last quarter. CWA Asset Management Group LLC acquired a new position in Twilio in the 4th quarter valued at $3,382,000. Everence Capital Management Inc. purchased a new position in Twilio in the 4th quarter valued at $467,000. Finally, GAMMA Investing LLC boosted its stake in Twilio by 25.0% during the 4th quarter. GAMMA Investing LLC now owns 849 shares of the technology company’s stock worth $92,000 after purchasing an additional 170 shares during the last quarter. 84.27% of the stock is owned by hedge funds and other institutional investors.

Twilio Stock Down 2.7 %

Shares of NYSE TWLO opened at $108.05 on Monday. 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 business’s 50 day moving average is $105.04 and its two-hundred day moving average is $77.52. Twilio Inc. has a 52-week low of $52.51 and a 52-week high of $116.43. The firm has a market cap of $16.57 billion, a price-to-earnings ratio of -42.04, a PEG ratio of 3.26 and a beta of 1.38.

Insider Activity

In related news, 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 value of $360,960.00. Following the completion of the transaction, the insider now owns 142,291 shares in the company, valued at approximately $11,383,280. The trade was a 3.07 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Khozema Shipchandler sold 10,834 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $113.58, for a total transaction of $1,230,525.72. Following the sale, the chief executive officer now directly owns 244,971 shares in the company, valued at approximately $27,823,806.18. The trade was a 4.24 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 26,527 shares of company stock valued at $2,844,655. 4.50% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on TWLO. Wells Fargo & Company increased their target price on shares of Twilio from $120.00 to $140.00 and gave the company an “overweight” rating in a research report on Thursday, January 2nd. Barclays raised their target price on shares of Twilio from $65.00 to $80.00 and gave the stock an “equal weight” rating in a research note on Friday, November 1st. JPMorgan Chase & Co. upped their price target on Twilio from $78.00 to $83.00 and gave the company an “overweight” rating in a research report on Thursday, October 31st. The Goldman Sachs Group increased their price target on Twilio from $67.00 to $77.00 and gave the company a “neutral” rating in a report on Friday, November 1st. Finally, Piper Sandler boosted their price objective on Twilio from $83.00 to $94.00 and gave the stock an “overweight” rating in a research note on Thursday, October 31st. Two investment analysts have rated the stock with a sell rating, ten have issued a hold rating and twelve have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $93.61.

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.