Twilio Inc. (NYSE:TWLO) Stock Holdings Cut by Kintegral Advisory LLC

Kintegral Advisory LLC trimmed its holdings in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 32.9% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,779 shares of the technology company's stock after selling 5,284 shares during the period. Kintegral Advisory LLC's holdings in Twilio were worth $1,055,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Twilio by 718.7% in the fourth 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 stake in shares of Twilio in the fourth quarter valued at about $301,258,000. Norges Bank bought a new position in shares of Twilio during the fourth quarter valued at about $222,146,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Twilio by 26.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,602,428 shares of the technology company's stock worth $173,190,000 after purchasing an additional 331,202 shares during the last quarter. Finally, Two Sigma Investments LP grew its position in Twilio by 1,292.9% in the 4th quarter. Two Sigma Investments LP now owns 1,129,725 shares of the technology company's stock worth $122,101,000 after purchasing an additional 1,048,619 shares in the last quarter. Institutional investors and hedge funds own 84.27% of the company's stock.

Twilio Trading Up 0.6%

TWLO stock traded up $0.73 during trading on Tuesday, reaching $122.22. 1,484,777 shares of the stock were exchanged, compared to its average volume of 2,633,096. The company has a current ratio of 4.78, a quick ratio of 4.78 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $18.66 billion, a price-to-earnings ratio of -582.00, a P/E/G ratio of 3.78 and a beta of 1.30. The business has a 50 day moving average price of $115.24 and a 200-day moving average price of $112.03. Twilio Inc. has a 1 year low of $55.38 and a 1 year high of $151.95.

Twilio (NYSE:TWLO - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The technology company reported $1.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.92 by $0.22. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.14 billion. Twilio had a negative net margin of 0.74% and a positive return on equity of 2.25%. The business's revenue for the quarter was up 12.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.80 earnings per share. On average, research analysts predict that Twilio Inc. will post 1.44 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Tigress Financial reissued a "buy" rating and issued a $170.00 price objective on shares of Twilio in a research report on Thursday, May 8th. Royal Bank Of Canada restated an "underperform" rating and set a $75.00 price objective on shares of Twilio in a report on Wednesday, March 19th. Morgan Stanley dropped their target price on shares of Twilio from $160.00 to $111.00 and set an "overweight" rating on the stock in a research note on Wednesday, April 16th. Robert W. Baird reduced their target price on shares of Twilio from $160.00 to $130.00 and set an "outperform" rating for the company in a research report on Wednesday, April 30th. Finally, The Goldman Sachs Group upped their price target on Twilio from $130.00 to $145.00 and gave the company a "buy" rating in a research report on Friday, May 2nd. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $126.39.

Insider Activity

In other news, CEO Khozema Shipchandler sold 13,595 shares of the business's stock in a transaction on Thursday, July 3rd. The shares were sold at an average price of $117.06, for a total transaction of $1,591,430.70. Following the completion of the sale, the chief executive officer directly owned 246,986 shares of the company's stock, valued at $28,912,181.16. The trade was a 5.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Erika Rottenberg sold 4,100 shares of the stock in a transaction on Monday, June 2nd. The shares were sold at an average price of $120.03, for a total value of $492,123.00. Following the completion of the sale, the director owned 33,488 shares of the company's stock, valued at approximately $4,019,564.64. This represents a 10.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 55,888 shares of company stock valued at $6,753,409. Insiders own 4.50% of the company's stock.

About Twilio

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.