AlphaQuest LLC Sells 7,925 Shares of Twilio Inc. (NYSE:TWLO)

AlphaQuest LLC cut its stake in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 50.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 7,826 shares of the technology company's stock after selling 7,925 shares during the period. AlphaQuest LLC's holdings in Twilio were worth $846,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of TWLO. M&T Bank Corp boosted its position in Twilio by 1.0% during the 4th quarter. M&T Bank Corp now owns 8,727 shares of the technology company's stock worth $943,000 after buying an additional 85 shares during the period. Allworth Financial LP lifted its holdings in shares of Twilio by 6.9% during the fourth quarter. Allworth Financial LP now owns 1,465 shares of the technology company's stock worth $165,000 after purchasing an additional 94 shares during the period. GHP Investment Advisors Inc. increased its holdings in Twilio by 10.4% in the fourth quarter. GHP Investment Advisors Inc. now owns 1,107 shares of the technology company's stock valued at $120,000 after purchasing an additional 104 shares during the period. Tidal Investments LLC raised its position in Twilio by 0.6% during the 3rd quarter. Tidal Investments LLC now owns 17,666 shares of the technology company's stock worth $1,152,000 after purchasing an additional 112 shares during the last quarter. Finally, Freestone Capital Holdings LLC lifted its holdings in Twilio by 3.3% during the 4th quarter. Freestone Capital Holdings LLC now owns 3,918 shares of the technology company's stock worth $423,000 after buying an additional 124 shares during the period. Institutional investors own 84.27% of the company's stock.

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Twilio Stock Performance

TWLO traded up $2.23 on Wednesday, hitting $102.31. The company's stock had a trading volume of 1,373,385 shares, compared to its average volume of 3,709,731. The company's 50 day simple moving average is $122.90 and its 200-day simple moving average is $97.21. The firm has a market cap of $15.69 billion, a P/E ratio of -159.85, a price-to-earnings-growth ratio of 4.30 and a beta of 1.47. The company has a quick ratio of 5.06, a current ratio of 5.06 and a debt-to-equity ratio of 0.12. Twilio Inc. has a 12 month low of $52.51 and a 12 month high of $151.95.

Twilio (NYSE:TWLO - Get Free Report) last released its quarterly earnings data on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing analysts' consensus estimates of $0.99 by ($0.77). The firm had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.19 billion. Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. Analysts forecast that Twilio Inc. will post 1.44 EPS for the current year.

Insider Buying and Selling

In other Twilio news, CEO Khozema Shipchandler sold 10,834 shares of the firm's stock in a transaction dated 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 owns 244,971 shares in the company, valued at $27,823,806.18. This trade represents a 4.24 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Aidan Viggiano sold 1,391 shares of the stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $124.51, for a total transaction of $173,193.41. Following the transaction, the chief financial officer now owns 152,519 shares in the company, valued at $18,990,140.69. The trade was a 0.90 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 21,277 shares of company stock worth $2,441,324. Corporate insiders own 4.50% of the company's stock.

Analyst Upgrades and Downgrades

TWLO has been the subject of a number of analyst reports. Tigress Financial raised their price objective on Twilio from $135.00 to $170.00 and gave the stock a "buy" rating in a research report on Tuesday, February 25th. Baird R W upgraded shares of Twilio from a "hold" rating to a "strong-buy" rating in a research report on Friday, January 24th. Mizuho lifted their target price on shares of Twilio from $140.00 to $150.00 and gave the stock an "outperform" rating in a research note on Friday, January 24th. JPMorgan Chase & Co. upped their price target on shares of Twilio from $83.00 to $130.00 and gave the company an "overweight" rating in a research report on Friday, January 24th. Finally, Needham & Company LLC boosted their price objective on Twilio from $91.00 to $165.00 and gave the company a "buy" rating in a research note on Tuesday, January 28th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, sixteen have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $134.26.

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.