Twilio Inc. (NYSE:TWLO) Shares Sold by Integral Investment Advisors Inc.

Integral Investment Advisors Inc. cut its stake in Twilio Inc. (NYSE:TWLO) by 5.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,752 shares of the technology company’s stock after selling 154 shares during the period. Integral Investment Advisors Inc.’s holdings in Twilio were worth $269,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Arrowstreet Capital Limited Partnership increased its stake in Twilio by 718.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,262,765 shares of the technology company’s stock valued at $352,640,000 after purchasing an additional 2,864,235 shares in the last quarter. Jericho Capital Asset Management L.P. purchased a new position in shares of Twilio in the fourth quarter valued at $301,258,000. Norges Bank purchased a new position in shares of Twilio in the fourth quarter valued at $222,146,000. Two Sigma Investments LP raised its stake in shares of Twilio by 1,292.9% during the 4th quarter. Two Sigma Investments LP now owns 1,129,725 shares of the technology company’s stock worth $122,101,000 after buying an additional 1,048,619 shares during the last quarter. Finally, Whale Rock Capital Management LLC purchased a new stake in shares of Twilio in the 4th quarter worth about $111,312,000. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Twilio news, CFO Aidan Viggiano sold 8,735 shares of the business’s stock in a transaction on Thursday, April 3rd. The stock was sold at an average price of $91.61, for a total value of $800,213.35. Following the transaction, the chief financial officer now owns 167,905 shares of the company’s stock, valued at approximately $15,381,777.05. The trade was a 4.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Khozema Shipchandler sold 12,056 shares of the company’s stock in a transaction that occurred on Monday, March 31st. The shares were sold at an average price of $95.88, for a total value of $1,155,929.28. Following the completion of the transaction, the chief executive officer now owns 295,134 shares in the company, valued at approximately $28,297,447.92. The trade was a 3.92% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 48,884 shares of company stock worth $4,719,065. Corporate insiders own 0.21% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on TWLO. Royal Bank of Canada restated an “underperform” rating and set a $75.00 target price on shares of Twilio in a report on Wednesday, March 19th. UBS Group lowered their price target on shares of Twilio from $175.00 to $150.00 and set a “buy” rating on the stock in a research report on Friday, May 2nd. Tigress Financial restated a “buy” rating and set a $170.00 price objective on shares of Twilio in a research report on Thursday, May 8th. Mizuho reduced their target price on Twilio from $165.00 to $125.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 15th. Finally, The Goldman Sachs Group raised their price target on Twilio from $130.00 to $145.00 and gave the stock a “buy” rating in a research report on Friday, May 2nd. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Twilio presently has a consensus rating of “Moderate Buy” and a consensus target price of $125.35.

Twilio Stock Performance

Shares of TWLO opened at $121.54 on Tuesday. The firm has a market cap of $18.55 billion, a P/E ratio of -189.91, a PEG ratio of 4.30 and a beta of 1.30. Twilio Inc. has a twelve month low of $52.51 and a twelve month high of $151.95. The firm’s 50 day moving average price is $102.07 and its two-hundred day moving average price is $110.51. The company has a debt-to-equity ratio of 0.12, a quick ratio of 5.06 and a current ratio of 5.06.

Twilio (NYSE:TWLO) last issued its earnings results on Thursday, May 1st. The technology company reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.22. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.14 billion. Twilio had a negative net margin of 2.45% and a positive return on equity of 1.38%. Twilio’s revenue was up 12.0% on a year-over-year basis. During the same period last year, the business posted $0.80 EPS. On average, analysts forecast that Twilio Inc. will post 1.44 EPS for the current fiscal 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.