Slow Capital Inc. decreased its position in shares of Twilio Inc (NYSE:TWLO) by 11.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,246 shares of the technology company’s stock after selling 1,034 shares during the quarter. Slow Capital Inc.’s holdings in Twilio were worth $1,124,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the company. Valeo Financial Advisors LLC boosted its position in shares of Twilio by 56.7% during the 2nd quarter. Valeo Financial Advisors LLC now owns 282 shares of the technology company’s stock valued at $38,000 after acquiring an additional 102 shares during the last quarter. Private Advisors LLC raised its holdings in Twilio by 0.5% in the 1st quarter. Private Advisors LLC now owns 22,188 shares of the technology company’s stock valued at $2,866,000 after buying an additional 112 shares during the period. Nisa Investment Advisors LLC raised its holdings in Twilio by 12.0% in the 2nd quarter. Nisa Investment Advisors LLC now owns 1,120 shares of the technology company’s stock valued at $153,000 after buying an additional 120 shares during the period. Reilly Financial Advisors LLC raised its holdings in Twilio by 20.0% in the 2nd quarter. Reilly Financial Advisors LLC now owns 720 shares of the technology company’s stock valued at $98,000 after buying an additional 120 shares during the period. Finally, Congress Park Capital LLC raised its holdings in Twilio by 5.1% in the 1st quarter. Congress Park Capital LLC now owns 2,695 shares of the technology company’s stock valued at $348,000 after buying an additional 130 shares during the period. 76.31% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts recently issued reports on the stock. Rosenblatt Securities restated a “buy” rating and issued a $167.00 price objective on shares of Twilio in a report on Thursday, July 25th. Monness Crespi & Hardt restated a “buy” rating and issued a $175.00 price objective (up from $150.00) on shares of Twilio in a report on Wednesday, May 1st. Mitsubishi UFJ Financial Group boosted their price objective on shares of Twilio to $150.00 and gave the company an “overweight” rating in a report on Wednesday, May 1st. Needham & Company LLC assumed coverage on shares of Twilio in a report on Tuesday, June 18th. They issued a “buy” rating and a $165.00 price objective on the stock. Finally, JMP Securities boosted their price target on shares of Twilio from $123.00 to $160.00 and gave the stock a “market outperform” rating in a research note on Wednesday, May 1st. Three equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $144.77.

Shares of TWLO stock traded up $1.05 during trading hours on Tuesday, hitting $132.54. The stock had a trading volume of 171,130 shares, compared to its average volume of 4,259,622. The company has a market capitalization of $18.17 billion, a price-to-earnings ratio of -165.76 and a beta of 1.17. Twilio Inc has a twelve month low of $62.43 and a twelve month high of $151.00. The stock has a 50 day moving average price of $139.74. The company has a debt-to-equity ratio of 0.14, a current ratio of 10.21 and a quick ratio of 10.21.

Twilio (NYSE:TWLO) last posted its quarterly earnings data on Wednesday, July 31st. The technology company reported ($0.49) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.31) by ($0.18). The firm had revenue of $275.00 million during the quarter, compared to analyst estimates of $264.43 million. Twilio had a negative net margin of 23.07% and a negative return on equity of 7.22%. Twilio’s revenue was up 86.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.03 earnings per share. On average, research analysts expect that Twilio Inc will post -1.39 EPS for the current year.

In other news, General Counsel Karyn Smith sold 24,491 shares of the company’s stock in a transaction that occurred on Monday, May 20th. The stock was sold at an average price of $138.56, for a total transaction of $3,393,472.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO George Hu sold 1,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 5th. The stock was sold at an average price of $132.13, for a total value of $132,130.00. The disclosure for this sale can be found here. Insiders sold 154,984 shares of company stock valued at $22,011,433 over the last three months. Corporate insiders own 10.85% of the company’s stock.

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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