13,554 Shares of Twilio Inc. $TWLO Bought by Jackson Square Capital LLC

Key Points

• Jackson Square Capital acquired 13,554 Twilio shares worth approximately $3.96 million in the third quarter. Institutional investors collectively own 84.27% of the company.
• Twilio insiders sold 538,818 shares worth about $134.8 million over the past 90 days, including significant sales by CEO Khozema Shipchandler and director Andrew Stafman.
• Analysts maintain a generally positive outlook, with Twilio receiving a consensus “Moderate Buy” rating and an average price target of $267.78. Shares recently rose 5.9% to $258.73.

Jackson Square Capital LLC acquired a new position in shares of Twilio Inc. (NYSE:TWLO - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 13,554 shares of the technology company's stock, valued at approximately $3,964,000.

A number of other institutional investors also recently made changes to their positions in the company. Western Pacific Wealth Management LP bought a new position in shares of Twilio during the third quarter worth approximately $39,000. Continuum Advisory LLC bought a new position in Twilio during the 2nd quarter worth $33,000. SHP Wealth Management bought a new position in Twilio during the 4th quarter worth $26,000. Osbon Capital Management LLC acquired a new stake in shares of Twilio during the fourth quarter worth $30,000. Finally, Hilltop National Bank acquired a new stake in shares of Twilio during the second quarter worth $50,000. Institutional investors own 84.27% of the company's stock.

Insider Buying and Selling at Twilio

In other news, CEO Khozema Shipchandler sold 14,442 shares of the firm's stock in a transaction on Monday, October 5th. The shares were 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 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. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Andrew Stafman sold 500,000 shares of Twilio stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $247.08, for a total transaction of $123,540,000.00. Following the transaction, the director owned 120,000 shares in the company, valued at approximately $29,649,600. This trade represents a 80.65% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 538,818 shares of company stock worth $134,833,645. 0.21% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have issued reports on the stock. KGI Securities assumed coverage on shares of Twilio in a report on Thursday, July 2nd. They issued an "outperform" rating and a $250.00 price objective for the company. Bank of America boosted their price objective on shares of Twilio from $270.00 to $320.00 and gave the company a "buy" rating in a research report on Wednesday, October 14th. TD Cowen upped their target price on Twilio from $260.00 to $300.00 and gave the stock a "buy" rating in a research note on Tuesday, September 22nd. Zacks Research downgraded Twilio from a "strong-buy" rating to a "hold" rating in a report on Monday, September 7th. Finally, Oppenheimer lifted their price target on Twilio from $235.00 to $275.00 and gave the company an "outperform" rating in a research note on Friday, August 7th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, Twilio presently has a consensus rating of "Moderate Buy" and a consensus target price of $267.78.

Twilio Trading Up 5.9%

Shares of TWLO stock traded up $14.36 during mid-day trading on Monday, reaching $258.73. 1,572,102 shares of the stock traded hands, compared to its average volume of 2,643,335. The company has a market cap of $39.73 billion, a price-to-earnings ratio of 36.10, a price-to-earnings-growth ratio of 5.01 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. The stock's fifty day simple moving average is $253.71 and its two-hundred day simple moving average is $208.73. Twilio Inc. has a 1-year low of $105.00 and a 1-year high of $308.40.

Twilio (NYSE:TWLO - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The technology company reported $1.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.15. The company 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 firm'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 earnings per share. 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 Company 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.

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