Twilio Inc (TWLO) Shares Sold by Lido Advisors LLC

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Lido Advisors LLC decreased its position in shares of Twilio Inc (NYSE:TWLO) by 31.3% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 3,958 shares of the technology company’s stock after selling 1,807 shares during the period. Lido Advisors LLC’s holdings in Twilio were worth $353,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Utah Retirement Systems grew its stake in shares of Twilio by 0.8% in the 4th quarter. Utah Retirement Systems now owns 13,419 shares of the technology company’s stock worth $1,198,000 after buying an additional 100 shares during the last quarter. Hollencrest Capital Management grew its stake in shares of Twilio by 4.3% in the 4th quarter. Hollencrest Capital Management now owns 3,670 shares of the technology company’s stock worth $328,000 after buying an additional 150 shares during the last quarter. Piedmont Investment Advisors Inc. grew its stake in shares of Twilio by 3.4% in the 4th quarter. Piedmont Investment Advisors Inc. now owns 5,360 shares of the technology company’s stock worth $479,000 after buying an additional 178 shares during the last quarter. FNY Investment Advisers LLC grew its stake in shares of Twilio by 18.8% in the 4th quarter. FNY Investment Advisers LLC now owns 1,129 shares of the technology company’s stock worth $100,000 after buying an additional 179 shares during the last quarter. Finally, M&T Bank Corp grew its stake in shares of Twilio by 7.1% in the 4th quarter. M&T Bank Corp now owns 3,002 shares of the technology company’s stock worth $269,000 after buying an additional 200 shares during the last quarter. Hedge funds and other institutional investors own 70.20% of the company’s stock.

TWLO has been the topic of several recent research reports. Bank of America restated a “buy” rating and issued a $125.00 price target (up previously from $92.00) on shares of Twilio in a research note on Thursday, February 7th. Zacks Investment Research upgraded Twilio from a “hold” rating to a “buy” rating and set a $116.00 price target on the stock in a research note on Saturday, February 2nd. Deutsche Bank upped their price target on Twilio to $110.00 and gave the stock a “buy” rating in a research note on Tuesday, December 18th. Monness Crespi & Hardt restated a “buy” rating and issued a $150.00 price target (up previously from $117.00) on shares of Twilio in a research note on Wednesday, February 13th. Finally, Canaccord Genuity upped their price target on Twilio from $90.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday, February 13th. Four analysts have rated the stock with a hold rating and twenty have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $113.24.

TWLO stock opened at $129.41 on Friday. The company has a market capitalization of $15.67 billion, a P/E ratio of -161.76 and a beta of 1.34. Twilio Inc has a 12-month low of $35.89 and a 12-month high of $131.36. The company has a current ratio of 6.33, a quick ratio of 6.33 and a debt-to-equity ratio of 0.99.

Twilio (NYSE:TWLO) last released its quarterly earnings data on Tuesday, February 12th. The technology company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.17) by $0.21. The business had revenue of $204.30 million for the quarter, compared to analysts’ expectations of $184.46 million. Twilio had a negative return on equity of 21.00% and a negative net margin of 18.76%. The firm’s quarterly revenue was up 77.3% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.03) EPS. As a group, analysts forecast that Twilio Inc will post -1.06 EPS for the current year.

In other news, CEO Jeff Lawson sold 20,830 shares of the stock in a transaction on Tuesday, December 18th. The stock was sold at an average price of $86.31, for a total transaction of $1,797,837.30. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, General Counsel Karyn Smith sold 3,520 shares of the stock in a transaction on Tuesday, December 18th. The shares were sold at an average price of $86.38, for a total value of $304,057.60. The disclosure for this sale can be found here. Insiders sold a total of 130,885 shares of company stock worth $13,171,737 over the last ninety days. 19.80% of the stock is currently owned by insiders.

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About Twilio

Twilio Inc provides a cloud communications platform that enables developers to build, scale, and operate communications within software applications in the United States and internationally. The company's programmable communications cloud provides a set of application programming interfaces that enable developers to embed voice, messaging, and video capabilities into their applications.

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Institutional Ownership by Quarter for Twilio (NYSE:TWLO)

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