7,926 Shares in Twilio Inc. $TWLO Bought by Envestnet Portfolio Solutions Inc.

Key Points

• Envestnet Portfolio Solutions Inc. recently acquired 7,926 shares of Twilio Inc. (NYSE: TWLO), valued at approximately $986,000, highlighting growing interest from institutional investors in the company.
• CEO Khozema Shipchandler sold 13,681 shares and CFO Aidan Viggiano sold 8,363 shares of Twilio stock, indicating some insider selling activity.
• Analysts have mixed opinions on Twilio, with most maintaining a “buy” rating, but differing price targets, reflecting varying outlooks on the company's future performance.

Envestnet Portfolio Solutions Inc. bought a new position in Twilio Inc. (NYSE:TWLO - Free Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 7,926 shares of the technology company's stock, valued at approximately $986,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. GFG Capital LLC purchased a new position in Twilio in the second quarter worth $25,000. Hilltop National Bank purchased a new position in Twilio in the second quarter worth $26,000. LRI Investments LLC purchased a new position in Twilio in the first quarter worth $25,000. Financial Gravity Asset Management Inc. purchased a new position in Twilio in the first quarter worth $28,000. Finally, TCTC Holdings LLC grew its position in Twilio by 118.1% in the first quarter. TCTC Holdings LLC now owns 338 shares of the technology company's stock worth $33,000 after acquiring an additional 183 shares in the last quarter. 84.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, CEO Khozema Shipchandler sold 13,681 shares of the stock in a transaction dated Tuesday, September 30th. The shares were sold at an average price of $100.59, for a total value of $1,376,171.79. Following the completion of the transaction, the chief executive officer directly owned 233,305 shares of the company's stock, valued at $23,468,149.95. This represents a 5.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Aidan Viggiano sold 8,363 shares of the stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $100.59, for a total transaction of $841,234.17. Following the completion of the transaction, the chief financial officer directly owned 137,653 shares of the company's stock, valued at approximately $13,846,515.27. The trade was a 5.73% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 44,808 shares of company stock valued at $4,677,916. Insiders own 0.21% of the company's stock.

Analyst Ratings Changes

Several analysts have weighed in on TWLO shares. Wells Fargo & Company started coverage on shares of Twilio in a research note on Tuesday, September 30th. They issued an "overweight" rating and a $130.00 price target for the company. Wall Street Zen raised shares of Twilio from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Rosenblatt Securities reissued a "buy" rating and issued a $140.00 price target on shares of Twilio in a research note on Friday, September 26th. UBS Group lowered their price target on shares of Twilio from $150.00 to $135.00 and set a "buy" rating for the company in a research note on Friday, August 8th. Finally, Royal Bank Of Canada reissued an "underperform" rating and issued a $75.00 price target on shares of Twilio in a research note on Wednesday, September 17th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Twilio has an average rating of "Moderate Buy" and a consensus price target of $130.22.

Twilio Stock Performance

Shares of NYSE:TWLO opened at $106.67 on Friday. The company has a market cap of $16.37 billion, a price-to-earnings ratio of 888.98, a price-to-earnings-growth ratio of 3.30 and a beta of 1.25. The company has a 50-day moving average price of $104.78 and a 200-day moving average price of $109.15. The company has a current ratio of 4.90, a quick ratio of 4.90 and a debt-to-equity ratio of 0.12. Twilio Inc. has a 12 month low of $69.40 and a 12 month high of $151.95.

Twilio (NYSE:TWLO - Get Free Report) last issued its quarterly earnings data on Thursday, August 7th. The technology company reported $1.19 EPS for the quarter, beating the consensus estimate of $1.02 by $0.17. The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.19 billion. Twilio had a net margin of 0.43% and a return on equity of 2.78%. The company's quarterly revenue was up 13.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.87 earnings per share. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. As a group, equities analysts anticipate that Twilio Inc. will post 1.44 EPS for the current year.

Twilio Company Profile

Twilio Inc, together with its subsidiaries, provides customer engagement platform solutions in the United States and internationally. It operates through two segments, Twilio Communications and Twilio Segment. The company provides various application programming interfaces and software solutions for communications between customers and end users, including messaging, voice, email, flex, marketing campaigns, and user identity and authentication.

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