30,563 Shares in Twilio Inc. $TWLO Bought by Gunderson Capital Management LLC

Key Points

• Gunderson Capital Management initiated a Twilio position of 30,563 shares worth approximately $8.94 million, representing about 2.4% of its portfolio. Institutional investors collectively own 84.27% of Twilio.
• Analysts remain broadly optimistic, with Twilio receiving a “Moderate Buy” consensus rating and an average price target of $266.48; several firms recently raised their targets, including JPMorgan to $335.
• Twilio reported quarterly EPS of $1.47 and revenue of $1.50 billion, beating estimates, while revenue increased 22% year over year. However, insiders sold approximately $134.8 million of shares over the past three months.

Gunderson Capital Management LLC bought a new position in Twilio Inc. (NYSE:TWLO - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 30,563 shares of the technology company's stock, valued at approximately $8,938,000. Twilio accounts for about 2.4% of Gunderson Capital Management LLC's holdings, making the stock its 21st largest holding.

A number of other institutional investors have also added to or reduced their stakes in the stock. Royal Bank of Canada lifted its stake in Twilio by 10.8% in the 1st 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. Pictet Asset Management Holding SA raised its position in Twilio by 17.6% during the first quarter. Pictet Asset Management Holding SA now owns 2,331,471 shares of the technology company's stock valued at $293,237,000 after purchasing an additional 349,131 shares during the period. Atreides Management LP lifted its stake in shares of Twilio by 28.5% in the 1st quarter. Atreides Management LP now owns 921,602 shares of the technology company's stock valued at $115,956,000 after purchasing an additional 204,656 shares during the last quarter. KBC Group NV lifted its stake in shares of Twilio by 1.4% in the 1st quarter. KBC Group NV now owns 790,548 shares of the technology company's stock valued at $99,466,000 after purchasing an additional 11,014 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in shares of Twilio by 10.8% in the 1st quarter. First Trust Advisors LP now owns 721,734 shares of the technology company's stock valued at $90,808,000 after purchasing an additional 70,154 shares during the last quarter. 84.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Zacks Research lowered Twilio from a "strong-buy" rating to a "hold" rating in a report on Monday, September 7th. Citizens Jmp reissued a "market outperform" rating and issued a $275.00 target price on shares of Twilio in a research note on Thursday, August 27th. UBS Group raised their target price on shares of Twilio from $200.00 to $285.00 and gave the stock a "buy" rating in a report on Friday, August 7th. JPMorgan Chase & Co. boosted their target price on Twilio from $260.00 to $335.00 and gave the company an "overweight" rating in a research report on Thursday, October 8th. Finally, Morgan Stanley reaffirmed an "overweight" rating and set a $261.00 target price on shares of Twilio in a research note on Friday, August 7th. Two research 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 given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $266.48.

Insider Transactions at Twilio

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

Twilio Stock Down 0.5%

Shares of NYSE:TWLO traded down $1.46 on Thursday, reaching $269.66. The company had a trading volume of 925,931 shares, compared to its average volume of 2,631,810. 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 firm has a market capitalization of $41.41 billion, a PE ratio of 37.50, a PEG ratio of 5.77 and a beta of 1.35. Twilio Inc. has a 52-week low of $104.50 and a 52-week high of $308.40. The firm's 50 day simple moving average is $252.03 and its 200-day simple moving average is $206.78.

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

Twilio Profile

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.

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