Integral Investment Advisors Inc. Takes Position in Twilio Inc. (NYSE:TWLO)

Integral Investment Advisors Inc. acquired a new stake in shares of Twilio Inc. (NYSE:TWLO) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,906 shares of the technology company’s stock, valued at approximately $314,000.

A number of other large investors have also recently made changes to their positions in the stock. Centricity Wealth Management LLC purchased a new stake in shares of Twilio during the fourth quarter valued at $44,000. Forte Capital LLC ADV boosted its holdings in Twilio by 3.1% in the fourth quarter. Forte Capital LLC ADV now owns 31,165 shares of the technology company’s stock valued at $3,368,000 after purchasing an additional 940 shares during the last quarter. Global Retirement Partners LLC boosted its holdings in Twilio by 129.7% in the fourth quarter. Global Retirement Partners LLC now owns 1,383 shares of the technology company’s stock valued at $149,000 after purchasing an additional 781 shares during the last quarter. Atria Wealth Solutions Inc. purchased a new stake in Twilio in the fourth quarter valued at $223,000. Finally, Venturi Wealth Management LLC boosted its holdings in Twilio by 95.4% in the fourth quarter. Venturi Wealth Management LLC now owns 1,432 shares of the technology company’s stock valued at $155,000 after purchasing an additional 699 shares during the last quarter. 84.27% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Twilio

In related news, insider Dana Wagner sold 4,629 shares of the company’s stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $110.00, for a total transaction of $509,190.00. Following the completion of the sale, the insider now owns 125,576 shares of the company’s stock, valued at approximately $13,813,360. This represents a 3.56 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Aidan Viggiano sold 1,391 shares of the company’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 sale, the chief financial officer now directly owns 152,519 shares of the company’s stock, valued at approximately $18,990,140.69. This represents a 0.90 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 23,406 shares of company stock valued at $2,656,889. Corporate insiders own 4.50% of the company’s stock.

Wall Street Analysts Forecast Growth

TWLO has been the topic of several recent research reports. Oppenheimer upped their price target on shares of Twilio from $90.00 to $160.00 and gave the company an “outperform” rating in a report on Friday, January 24th. Mizuho upped their price target on shares of Twilio from $140.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, January 24th. UBS Group upped their price target on shares of Twilio from $145.00 to $175.00 and gave the company a “buy” rating in a report on Friday, February 14th. Piper Sandler reaffirmed an “overweight” rating and issued a $142.00 price target (up from $94.00) on shares of Twilio in a report on Friday, January 24th. Finally, Scotiabank upped their price objective on shares of Twilio from $90.00 to $160.00 and gave the stock a “sector outperform” rating in a research report on Friday, January 24th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Twilio currently has a consensus rating of “Moderate Buy” and a consensus price target of $130.91.

Twilio Stock Down 3.3 %

TWLO opened at $114.16 on Friday. Twilio Inc. has a twelve month low of $52.51 and a twelve month 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 50-day moving average price of $122.09 and a 200 day moving average price of $92.57. The company has a market cap of $17.51 billion, a PE ratio of -178.37, a price-to-earnings-growth ratio of 4.30 and a beta of 1.43.

Twilio (NYSE:TWLO) last released its quarterly earnings results on Thursday, February 13th. The technology company reported $0.22 earnings per share 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 company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.19 billion. Sell-side analysts expect that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

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.