Twilio (NYSE:TWLO) CEO Sells $4,203,055.26 in Stock

Twilio Inc. (NYSE:TWLO) CEO Khozema Shipchandler sold 14,442 shares of Twilio stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 178,863 shares of the company’s stock, valued at $52,054,498.89. This trade represents a 7.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Khozema Shipchandler also recently made the following trade(s):

• On Wednesday, September 30th, Khozema Shipchandler sold 13,898 shares of Twilio stock. The stock was sold at an average price of $294.08, for a total value of $4,087,123.84.

Twilio Stock Up 5.0%

Shares of Twilio stock opened at $289.46 on Friday. The company has a market cap of $44.45 billion, a price-to-earnings ratio of 40.31, a price-to-earnings-growth ratio of 5.66 and a beta of 1.35. The company has a quick ratio of 4.62, a current ratio of 4.62 and a debt-to-equity ratio of 0.11. Twilio Inc. has a twelve month low of $104.50 and a twelve month high of $308.40. The company’s 50 day moving average is $246.99 and its 200 day moving average is $203.00.

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

Institutional Trading of Twilio

Hedge funds and other institutional investors have recently made changes to their positions in the business. Quantinno Capital Management LP raised its position in shares of Twilio by 137.9% during the 1st quarter. Quantinno Capital Management LP now owns 648,882 shares of the technology company’s stock worth $81,642,000 after purchasing an additional 376,142 shares during the last quarter. Pictet Asset Management Holding SA boosted its stake in Twilio by 17.6% during the 1st quarter. Pictet Asset Management Holding SA now owns 2,331,471 shares of the technology company’s stock worth $293,237,000 after purchasing an additional 349,131 shares during the last quarter. Royal Bank of Canada raised its position in shares of Twilio by 10.8% in the first quarter. Royal Bank of Canada now owns 3,261,235 shares of the technology company’s stock valued at $410,330,000 after buying an additional 316,858 shares during the last quarter. Temasek Holdings Private Ltd purchased a new position in Twilio in the 4th quarter worth approximately $44,034,000. Finally, Alkeon Capital Management LLC acquired a new position in shares of Twilio during the 4th quarter valued at about $35,560,000. Hedge funds and other institutional investors own 84.27% of the company’s stock.

Wall Street Analyst Weigh In

TWLO has been the topic of several recent analyst reports. The Goldman Sachs Group restated a “buy” rating and set a $330.00 price objective on shares of Twilio in a research report on Friday, August 7th. Citizens Jmp reaffirmed a “market outperform” rating and set a $275.00 target price on shares of Twilio in a research note on Thursday, August 27th. Weiss Ratings upgraded Twilio from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, September 29th. JPMorgan Chase & Co. upped their target price on shares of Twilio from $260.00 to $335.00 and gave the company an “overweight” rating in a research report on Thursday. Finally, Wolfe Research raised shares of Twilio to a “buy” rating in a research note on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $258.65.

About Twilio

Twilio Inc is a communications technology company that provides a cloud-based platform for businesses to engage with customers through digital channels. Its software and application programming interfaces (APIs) support communications capabilities such as voice calling, messaging, video, email, authentication and contact-center interactions.

The company’s offerings include programmable communications services, customer data and engagement tools, and contact-center solutions. Twilio also provides email services through SendGrid and customer data platform capabilities through Segment, which it acquired in 2020.