8,200 Shares in Twilio Inc. $TWLO Acquired by BOCHK Asset Management Ltd

Key Points

• BOCHK Asset Management acquired 8,200 Twilio shares worth approximately $2.4 million during the third quarter. Institutional investors and hedge funds collectively own 84.27% of Twilio.
• Twilio insiders sold 538,818 shares worth about $134.8 million over the past three months, including major sales by CEO Khozema Shipchandler and Director Andrew Stafman.
• Twilio reported quarterly EPS of $1.65 and revenue of $1.56 billion, exceeding analyst expectations. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $266.48.

BOCHK Asset Management Ltd purchased a new stake in Twilio Inc. (NYSE:TWLO - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 8,200 shares of the technology company's stock, valued at approximately $2,398,000.

A number of other hedge funds also recently made changes to their positions in TWLO. CX Institutional boosted its position in shares of Twilio by 9.5% during the 2nd quarter. CX Institutional now owns 701 shares of the technology company's stock valued at $145,000 after acquiring an additional 61 shares in the last quarter. Wedbush Securities Inc. raised its position in Twilio by 4.6% in the third quarter. Wedbush Securities Inc. now owns 1,516 shares of the technology company's stock worth $443,000 after purchasing an additional 66 shares in the last quarter. WPG Advisers LLC lifted its stake in Twilio by 48.0% during the third quarter. WPG Advisers LLC now owns 222 shares of the technology company's stock worth $65,000 after purchasing an additional 72 shares during the period. Affinity Capital Advisors LLC lifted its stake in Twilio by 2.6% during the second quarter. Affinity Capital Advisors LLC now owns 2,869 shares of the technology company's stock worth $600,000 after purchasing an additional 74 shares during the period. Finally, Wedmont Private Capital boosted its holdings in Twilio by 2.1% during the second quarter. Wedmont Private Capital now owns 3,691 shares of the technology company's stock valued at $792,000 after purchasing an additional 75 shares in the last quarter. Institutional investors and hedge funds own 84.27% of the company's stock.

Insiders Place Their Bets

In related news, CEO Khozema Shipchandler sold 14,442 shares of the firm's 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 completion of the sale, the chief executive officer 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 document filed with the SEC, which is available at 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 the stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $247.08, for a total value of $123,540,000.00. Following the completion of the transaction, the director owned 120,000 shares in the company, valued at $29,649,600. The trade was a 80.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 538,818 shares of company stock valued at $134,833,645. Insiders own 0.21% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Morgan Stanley reissued an "overweight" rating and issued a $261.00 target price (up from $200.00) on shares of Twilio in a report on Friday, August 7th. JPMorgan Chase & Co. reduced their target price on shares of Twilio from $335.00 to $300.00 and set an "overweight" rating on the stock in a research note on Friday. Stifel Nicolaus set a $325.00 target price on shares of Twilio in a report on Wednesday, October 14th. Oppenheimer increased their target price on shares of Twilio from $275.00 to $325.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 21st. Finally, Monness Crespi & Hardt lifted their price target on shares of Twilio from $246.00 to $270.00 and gave the company a "buy" rating in a report on Friday, August 7th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, one has given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $266.48.

Twilio Stock Performance

Shares of NYSE:TWLO opened at $207.14 on Tuesday. Twilio Inc. has a twelve month low of $105.00 and a twelve month high of $308.40. The firm has a market cap of $31.81 billion, a PE ratio of 98.36, a price-to-earnings-growth ratio of 5.20 and a beta of 1.35. The company has a debt-to-equity ratio of 0.11, a quick ratio of 4.62 and a current ratio of 4.62. The business has a fifty day moving average of $256.20 and a 200-day moving average of $188.54.

Twilio (NYSE:TWLO - Get Free Report) last released its quarterly earnings results on Thursday, October 29th. The technology company reported $1.65 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.47 by $0.18. The business had revenue of $1.56 billion during the quarter, compared to analysts' expectations of $1.52 billion. Twilio had a return on equity of 5.09% and a net margin of 20.61%. The firm's revenue for the quarter was up 19.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.25 earnings per share. On average, equities research analysts predict that Twilio Inc. will post 3.12 EPS for the current fiscal year.

Key Stories Impacting Twilio

Here are the key news stories impacting Twilio this week:

• Positive Sentiment: AI demand and higher outlook support the stock: Twilio highlighted accelerating Voice AI adoption, solid enterprise demand and operating improvements during its third-quarter earnings call. Management raised its 2026 outlook, although it cautioned that margins remain under pressure. TWLO Q3 Earnings Call Highlights AI Demand and Higher Outlook
• Positive Sentiment: Quarterly results exceeded expectations: Twilio reported $1.65 in earnings per share versus the $1.47 consensus estimate and generated $1.56 billion in revenue, ahead of the $1.52 billion forecast. Revenue increased nearly 20% year over year, reinforcing the growth case for the communications and AI software provider. TWLO Q3 Earnings Call Highlights AI Demand and Higher Outlook
• Positive Sentiment: Some analysts remain bullish: Twilio was included among technology stocks viewed favorably by analysts, suggesting continued confidence in its growth opportunities. Analysts Are Bullish on These Technology Stocks

Twilio 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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