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

Kintegral Advisory LLC decreased its position in Twilio Inc. (NYSE:TWLO) by 4.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 16,063 shares of the technology company’s stock after selling 749 shares during the quarter. Kintegral Advisory LLC’s holdings in Twilio were worth $1,736,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the company. Robeco Institutional Asset Management B.V. raised its holdings in shares of Twilio by 258.4% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 874,647 shares of the technology company’s stock valued at $57,044,000 after purchasing an additional 630,627 shares in the last quarter. Pacer Advisors Inc. increased its holdings in Twilio by 18.3% in the third quarter. Pacer Advisors Inc. now owns 2,867,623 shares of the technology company’s stock valued at $187,026,000 after buying an additional 444,295 shares during the last quarter. KBC Group NV increased its holdings in Twilio by 1,138.4% in the fourth quarter. KBC Group NV now owns 281,174 shares of the technology company’s stock valued at $30,389,000 after buying an additional 258,469 shares during the last quarter. Franklin Resources Inc. raised its stake in Twilio by 2,412.9% in the third quarter. Franklin Resources Inc. now owns 202,010 shares of the technology company’s stock valued at $14,341,000 after buying an additional 193,971 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in Twilio by 1,124.8% during the 4th quarter. Principal Financial Group Inc. now owns 142,602 shares of the technology company’s stock worth $15,412,000 after buying an additional 130,959 shares during the last quarter. Hedge funds and other institutional investors own 84.27% of the company’s stock.

Insider Buying and Selling at Twilio

In other news, insider Dana Wagner sold 4,629 shares of the stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $110.00, for a total value of $509,190.00. Following the completion of the transaction, the insider now owns 125,576 shares in the company, valued at $13,813,360. This trade represents a 3.56 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Aidan Viggiano sold 1,391 shares of the firm’s stock in a transaction dated 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 owns 152,519 shares of the company’s stock, valued at $18,990,140.69. This trade represents a 0.90 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 23,406 shares of company stock valued at $2,656,889. 4.50% of the stock is owned by corporate insiders.

Twilio Stock Performance

NYSE:TWLO opened at $114.16 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 5.06 and a quick ratio of 5.06. The firm has a market cap of $17.51 billion, a price-to-earnings ratio of -178.37, a price-to-earnings-growth ratio of 4.30 and a beta of 1.43. The firm’s fifty day moving average price is $122.09 and its 200 day moving average price is $92.57. Twilio Inc. has a 1-year low of $52.51 and a 1-year high of $151.95.

Twilio (NYSE:TWLO) last released its earnings results on Thursday, February 13th. The technology company reported $0.22 EPS for the quarter, missing the consensus estimate 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 firm had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.19 billion. On average, sell-side analysts expect that Twilio Inc. will post 1.44 EPS for the current year.

Wall Street Analyst Weigh In

TWLO has been the topic of a number of recent analyst reports. TD Cowen increased their price objective on Twilio from $70.00 to $85.00 and gave the company a “hold” rating in a report on Thursday, October 31st. Robert W. Baird upgraded shares of Twilio from a “neutral” rating to an “outperform” rating and increased their price target for the company from $115.00 to $160.00 in a research note on Friday, January 24th. Northland Securities boosted their price objective on shares of Twilio from $66.00 to $86.00 and gave the stock a “market perform” rating in a research report on Thursday, October 31st. Oppenheimer increased their target price on shares of Twilio from $90.00 to $160.00 and gave the company an “outperform” rating in a research report on Friday, January 24th. Finally, Stifel Nicolaus lifted their price target on shares of Twilio from $130.00 to $135.00 and gave the stock a “hold” rating in a research note on Friday, February 14th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $130.91.

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.