Kintegral Advisory LLC Decreases Position in Twilio Inc. (NYSE:TWLO)

Kintegral Advisory LLC lowered its position in Twilio Inc. (NYSE:TWLO) by 4.5% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 16,063 shares of the technology company’s stock after selling 749 shares during the period. Kintegral Advisory LLC’s holdings in Twilio were worth $1,736,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Allworth Financial LP lifted its stake in Twilio by 6.9% in the 4th quarter. Allworth Financial LP now owns 1,465 shares of the technology company’s stock valued at $165,000 after buying an additional 94 shares in the last quarter. GHP Investment Advisors Inc. raised its holdings in shares of Twilio by 10.4% in the fourth quarter. GHP Investment Advisors Inc. now owns 1,107 shares of the technology company’s stock worth $120,000 after acquiring an additional 104 shares during the last quarter. Tidal Investments LLC lifted its position in shares of Twilio by 0.6% in the third quarter. Tidal Investments LLC now owns 17,666 shares of the technology company’s stock valued at $1,152,000 after acquiring an additional 112 shares in the last quarter. Covestor Ltd boosted its stake in shares of Twilio by 16.7% during the third quarter. Covestor Ltd now owns 1,033 shares of the technology company’s stock valued at $67,000 after acquiring an additional 148 shares during the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of Twilio by 25.0% during the fourth quarter. GAMMA Investing LLC now owns 849 shares of the technology company’s stock valued at $92,000 after acquiring an additional 170 shares during the last quarter. Institutional investors and hedge funds own 84.27% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on TWLO. JPMorgan Chase & Co. boosted their target price 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. Morgan Stanley upped their price objective on shares of Twilio from $115.00 to $118.00 and gave the company an “equal weight” rating in a research note on Friday, January 17th. Monness Crespi & Hardt lifted their target price on shares of Twilio from $135.00 to $152.00 and gave the stock a “buy” rating in a research note on Monday, January 27th. Stifel Nicolaus boosted their price target on Twilio from $130.00 to $135.00 and gave the company a “hold” rating in a report on Friday, February 14th. Finally, Barclays raised their price objective on Twilio from $120.00 to $140.00 and gave the stock an “equal weight” rating in a report on Friday, February 14th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $130.91.

Insider Activity

In related news, CFO Aidan Viggiano sold 1,391 shares of the firm’s stock in a transaction 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 completion of the sale, the chief financial officer now directly owns 152,519 shares of the company’s stock, valued at approximately $18,990,140.69. This trade represents a 0.90 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Khozema Shipchandler sold 10,834 shares of Twilio stock in a transaction on 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 directly owns 244,971 shares in the company, valued at $27,823,806.18. This trade represents a 4.24 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 23,406 shares of company stock worth $2,656,889. 4.50% of the stock is currently owned by corporate insiders.

Twilio Price Performance

TWLO opened at $114.16 on Friday. The company has a 50 day moving average of $122.09 and a two-hundred day moving average of $92.57. Twilio Inc. has a 52-week low of $52.51 and a 52-week high of $151.95. 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 company has a market cap of $17.51 billion, a P/E ratio of -178.37, a P/E/G ratio of 4.30 and a beta of 1.43.

Twilio (NYSE:TWLO) last announced its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.77). Twilio had a positive return on equity of 1.38% and a negative net margin of 2.45%. The business had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.19 billion. On average, analysts expect that Twilio Inc. will post 1.44 earnings per share for the current year.

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.