Twilio Inc. $TWLO Shares Sold by Fred Alger Management LLC

Fred Alger Management LLC lowered its position in Twilio Inc. (NYSE:TWLO) by 15.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 372,481 shares of the technology company’s stock after selling 70,511 shares during the quarter. Fred Alger Management LLC’s holdings in Twilio were worth $52,982,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of TWLO. Norges Bank acquired a new stake in shares of Twilio in the 4th quarter valued at about $273,862,000. State Street Corp grew its position in shares of Twilio by 47.8% during the 3rd quarter. State Street Corp now owns 5,879,395 shares of the technology company’s stock valued at $588,469,000 after buying an additional 1,900,551 shares during the last quarter. Invesco Ltd. grew its position in Twilio by 225.0% in the 3rd quarter. Invesco Ltd. now owns 2,009,237 shares of the technology company’s stock worth $201,105,000 after purchasing an additional 1,391,013 shares during the last quarter. Alyeska Investment Group L.P. grew its position in Twilio by 39.7% in the 3rd quarter. Alyeska Investment Group L.P. now owns 2,643,859 shares of the technology company’s stock worth $264,624,000 after purchasing an additional 750,951 shares during the last quarter. Finally, Atreides Management LP grew its position in Twilio by 533.1% in the 2nd quarter. Atreides Management LP now owns 730,300 shares of the technology company’s stock worth $90,820,000 after purchasing an additional 614,943 shares during the last quarter. Institutional investors and hedge funds own 84.27% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on TWLO shares. Monness Crespi & Hardt increased their price objective on shares of Twilio from $200.00 to $246.00 and gave the company a “buy” rating in a report on Monday, May 11th. Citizens Jmp increased their target price on shares of Twilio from $185.00 to $210.00 and gave the company a “market outperform” rating in a research note on Friday, May 1st. Tigress Financial upped their price objective on shares of Twilio from $170.00 to $255.00 and gave the company a “buy” rating in a research note on Thursday, June 11th. Morgan Stanley restated an “overweight” rating and set a $200.00 price target on shares of Twilio in a research note on Friday, May 1st. Finally, BTIG Research reiterated a “buy” rating and issued a $215.00 target price on shares of Twilio in a research note on Tuesday, May 12th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $198.24.

Insider Buying and Selling at Twilio

In other news, Director Andrew Stafman sold 1,000,000 shares of Twilio stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $184.14, for a total transaction of $184,140,000.00. Following the completion of the sale, the director owned 620,000 shares in the company, valued at $114,166,800. The trade was a 61.73% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Khozema Shipchandler sold 44,158 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $235.88, for a total transaction of $10,415,989.04. Following the completion of the sale, the chief executive officer directly owned 235,542 shares of the company’s stock, valued at $55,559,646.96. The trade was a 15.79% decrease in their position. 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. Insiders have sold 1,805,779 shares of company stock worth $338,603,196 in the last 90 days. Corporate insiders own 0.21% of the company’s stock.

Twilio Trading Down 4.6%

Shares of TWLO stock opened at $192.65 on Wednesday. Twilio Inc. has a 12-month low of $91.84 and a 12-month high of $238.48. The company has a market capitalization of $29.24 billion, a P/E ratio of 301.02, a P/E/G ratio of 4.05 and a beta of 1.39. The firm has a 50-day moving average price of $176.57 and a 200 day moving average price of $144.19. The company has a quick ratio of 4.66, a current ratio of 4.66 and a debt-to-equity ratio of 0.13.

Twilio (NYSE:TWLO) last announced its earnings results on Thursday, April 30th. The technology company reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.27 by $0.23. Twilio had a net margin of 1.96% and a return on equity of 4.64%. The company had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same period in the previous year, the firm posted $1.14 earnings per share. The company’s revenue was up 20.0% on a year-over-year basis. Twilio has set its Q2 2026 guidance at 2.500-2.600 EPS. Research analysts forecast that Twilio Inc. will post 2.77 earnings per share for the current fiscal year.

About Twilio

Twilio Inc (NYSE: TWLO) is a cloud communications platform-as-a-service (CPaaS) company that enables developers and enterprises to embed communications into web and mobile applications. Its core offering is a suite of programmable APIs that handle messaging (SMS, MMS, and chat), voice calling, video, and user authentication. Twilio’s platform is designed to help businesses build customer engagement and communication workflows without managing telecommunications infrastructure directly.

The company’s product portfolio includes programmable voice and messaging APIs, Twilio Video for real‑time video applications, and Twilio Authy for multi‑factor authentication.