Green Alpha Advisors LLC Sells 1,095 Shares of Twilio Inc. (NYSE:TWLO)

Green Alpha Advisors LLC lowered its stake in shares of Twilio Inc. (NYSE:TWLO) by 11.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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.

Other institutional investors and hedge funds have also made changes to their positions in the company. True Wealth Design LLC lifted its stake in shares of Twilio by 5,200.0% during the 3rd 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 last quarter. Brooklyn Investment Group bought a new position in Twilio in the third quarter worth about $46,000. Venturi Wealth Management LLC lifted its position in shares of Twilio by 205.4% during the third quarter. Venturi Wealth Management LLC now owns 733 shares of the technology company’s stock valued at $48,000 after buying an additional 493 shares during the last quarter. Huntington National Bank boosted its holdings in shares of 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 purchased a new position in shares of Twilio in the 3rd quarter worth approximately $53,000. 84.27% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Dana Wagner sold 4,512 shares of the company’s stock in a transaction dated Thursday, October 31st. The stock was 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 of the company’s stock, valued at approximately $11,383,280. This represents a 3.07 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Khozema Shipchandler sold 10,834 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $113.58, for a total value of $1,230,525.72. Following the completion of 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. In the last 90 days, insiders have sold 26,527 shares of company stock worth $2,844,655. Corporate insiders own 4.50% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. TD Cowen increased their target price on shares of Twilio from $70.00 to $85.00 and gave the company a “hold” 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 stock an “equal weight” rating in a research report on Wednesday, December 18th. Barclays upped their target price on Twilio from $65.00 to $80.00 and gave the company an “equal weight” rating in a research report on Friday, November 1st. Mizuho upgraded Twilio from a “neutral” rating to an “outperform” rating and increased their price target for the company from $85.00 to $140.00 in a research note on Wednesday, January 8th. Finally, Northland Securities boosted their price target on Twilio from $66.00 to $86.00 and gave the stock a “market perform” rating in a research note on Thursday, October 31st. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $93.61.

Twilio Stock Down 2.7 %

Twilio stock opened at $108.05 on Monday. The business’s 50-day moving average price is $105.04 and its 200 day moving average price is $77.52. 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 firm has a market cap of $16.57 billion, a price-to-earnings ratio of -42.04, a price-to-earnings-growth ratio of 3.26 and a beta of 1.38. Twilio Inc. has a 52 week low of $52.51 and a 52 week high of $116.43.

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.