Twilio Inc. $TWLO Shares Newly Purchased by Geneva Partners LLC

Geneva Partners LLC acquired a new position in shares of Twilio Inc. (NYSE:TWLO) in the 3rd quarter, HoldingsChannel reports. The fund acquired 10,700 shares of the technology company’s stock, valued at approximately $3,129,000.

A number of other hedge funds have also made changes to their positions in the business. Royal Bank of Canada raised its holdings in Twilio by 10.8% during the first quarter. Royal Bank of Canada now owns 3,261,235 shares of the technology company’s stock worth $410,330,000 after purchasing an additional 316,858 shares in the last quarter. Artemis Investment Management LLP boosted its holdings in shares of Twilio by 58.9% in the 3rd quarter. Artemis Investment Management LLP now owns 588,018 shares of the technology company’s stock valued at $171,972,000 after buying an additional 217,952 shares in the last quarter. Atreides Management LP raised its stake in Twilio by 28.5% during the 1st quarter. Atreides Management LP now owns 921,602 shares of the technology company’s stock worth $115,956,000 after acquiring an additional 204,656 shares in the last quarter. KBC Group NV lifted its position in Twilio by 1.4% in the first quarter. KBC Group NV now owns 790,548 shares of the technology company’s stock valued at $99,466,000 after acquiring an additional 11,014 shares during the last quarter. Finally, First Trust Advisors LP boosted its stake in Twilio by 10.8% in the first quarter. First Trust Advisors LP now owns 721,734 shares of the technology company’s stock valued at $90,808,000 after acquiring an additional 70,154 shares in the last quarter. Hedge funds and other institutional investors own 84.27% of the company’s stock.

Insider Activity at Twilio

In other news, Director Andrew Stafman sold 500,000 shares of the stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $247.08, for a total value of $123,540,000.00. Following the sale, the director directly owned 120,000 shares in the company, valued at $29,649,600. This represents a 80.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Khozema Shipchandler sold 14,442 shares of the firm’s stock in a transaction that occurred on Monday, October 5th. The stock was sold at an average price of $291.03, for a total transaction of $4,203,055.26. Following the transaction, the chief executive officer directly owned 178,863 shares of the company’s stock, valued at approximately $52,054,498.89. This trade represents a 7.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 538,818 shares of company stock valued at $134,833,645. Insiders own 0.21% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on TWLO. Weiss Ratings raised Twilio from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, September 29th. Morgan Stanley reiterated an “overweight” rating and issued a $261.00 target price on shares of Twilio in a research note on Friday, August 7th. Wells Fargo & Company boosted their target price on Twilio from $225.00 to $275.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Stifel Nicolaus set a $325.00 price objective on shares of Twilio in a research report on Wednesday, October 14th. Finally, Needham & Company LLC boosted their price objective on shares of Twilio from $250.00 to $280.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Three analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, one has given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Twilio currently has an average rating of “Moderate Buy” and a consensus price target of $269.96.

Twilio Trading Up 1.0%

Shares of Twilio stock opened at $264.46 on Tuesday. The company has a 50-day moving average of $254.94 and a two-hundred day moving average of $185.46. Twilio Inc. has a 12-month low of $105.00 and a 12-month high of $308.40. The company has a current ratio of 4.62, a quick ratio of 4.62 and a debt-to-equity ratio of 0.11. The stock has a market cap of $40.61 billion, a PE ratio of 36.83, a price-to-earnings-growth ratio of 5.37 and a beta of 1.35.

Twilio (NYSE:TWLO) last released its quarterly earnings results on Thursday, August 6th. The technology company reported $1.47 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.15. The business had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.43 billion. Twilio had a return on equity of 5.09% and a net margin of 20.61%. The company’s revenue was up 22.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.19 EPS. Twilio has set its Q3 2026 guidance at 1.420-1.470 EPS. On average, research analysts anticipate that Twilio Inc. will post 3.12 EPS for the current fiscal year.

Twilio Profile

Twilio Inc (NYSE:TWLO) provides a cloud-based customer engagement platform that enables businesses to communicate with customers through software and application programming interfaces (APIs). Its services support messaging, voice, video, email, authentication, contact centers and other digital interactions across mobile and web applications.

The company’s products include programmable communications tools, Twilio SendGrid for email delivery, Twilio Verify for user authentication, Twilio Flex for cloud contact centers, and Twilio Segment for collecting and using customer data.