Atria Investments Inc Invests $489,000 in Twilio Inc. (NYSE:TWLO)

Atria Investments Inc bought a new position in Twilio Inc. (NYSE:TWLO) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 4,520 shares of the technology company’s stock, valued at approximately $489,000.

Several other large investors have also recently modified their holdings of TWLO. True Wealth Design LLC grew its stake in Twilio by 5,200.0% during the third quarter. True Wealth Design LLC now owns 424 shares of the technology company’s stock valued at $28,000 after acquiring an additional 416 shares in the last quarter. JFS Wealth Advisors LLC grew its stake in Twilio by 244.0% during the fourth quarter. JFS Wealth Advisors LLC now owns 375 shares of the technology company’s stock valued at $41,000 after acquiring an additional 266 shares in the last quarter. Parkside Financial Bank & Trust grew its stake in Twilio by 79.4% during the fourth quarter. Parkside Financial Bank & Trust now owns 375 shares of the technology company’s stock valued at $41,000 after acquiring an additional 166 shares in the last quarter. Centricity Wealth Management LLC purchased a new position in Twilio during the fourth quarter valued at approximately $44,000. Finally, Brooklyn Investment Group purchased a new position in Twilio during the third quarter valued at approximately $46,000. Hedge funds and other institutional investors own 84.27% of the company’s stock.

Twilio Price Performance

TWLO opened at $98.90 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06. The stock has a market capitalization of $15.10 billion, a P/E ratio of -154.53, a P/E/G ratio of 4.30 and a beta of 1.47. The company’s 50-day simple moving average is $122.22 and its two-hundred day simple moving average is $97.75. Twilio Inc. has a 52-week low of $52.51 and a 52-week high of $151.95.

Twilio (NYSE:TWLO) last posted its earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.99 by ($0.77). The company had revenue of $1.19 billion for 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%. As a group, analysts predict that Twilio Inc. will post 1.44 EPS for the current year.

Insider Transactions at Twilio

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

Analyst Upgrades and Downgrades

Several equities analysts recently commented on TWLO shares. JPMorgan Chase & Co. boosted their price objective on shares of Twilio from $83.00 to $130.00 and gave the company an “overweight” rating in a research note on Friday, January 24th. StockNews.com upgraded shares of Twilio from a “hold” rating to a “buy” rating in a research report on Friday. Royal Bank of Canada reiterated an “underperform” rating and set a $50.00 target price on shares of Twilio in a research report on Tuesday, January 21st. JMP Securities reiterated a “market outperform” rating and set a $165.00 target price on shares of Twilio in a research report on Friday, February 14th. Finally, William Blair reiterated an “outperform” rating on shares of Twilio in a research report on Friday, February 14th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $134.26.

Twilio Company 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.