Eleva Capital SAS Makes New Investment in Twilio Inc. $TWLO

Key Points

• Eleva Capital SAS acquired a new 10,326-share stake in Twilio during the third quarter, valued at approximately $3.02 million and representing 2.5% of its portfolio.
• Twilio insiders sold 524,376 shares worth roughly $130.6 million over the past 90 days, while institutional investors and hedge funds own 84.27% of the company.
• Analysts maintain a generally positive outlook, with Twilio receiving a “Moderate Buy” consensus rating and an average price target of $250.39; the company recently exceeded quarterly EPS and revenue expectations.

Eleva Capital SAS acquired a new stake in shares of Twilio Inc. (NYSE:TWLO - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 10,326 shares of the technology company's stock, valued at approximately $3,020,000. Twilio comprises about 2.5% of Eleva Capital SAS's portfolio, making the stock its 11th largest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Central Pacific Bank Trust Division raised its position in shares of Twilio by 39.8% in the third quarter. Central Pacific Bank Trust Division now owns 4,528 shares of the technology company's stock valued at $1,324,000 after purchasing an additional 1,289 shares during the period. Eastern Bank bought a new stake in shares of Twilio during the 3rd quarter worth $731,000. QRG Capital Management Inc. grew its stake in Twilio by 10.8% in the 2nd quarter. QRG Capital Management Inc. now owns 7,720 shares of the technology company's stock valued at $1,593,000 after buying an additional 752 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in Twilio by 62.3% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 4,334 shares of the technology company's stock worth $894,000 after acquiring an additional 1,664 shares during the period. Finally, Andra AP fonden raised its holdings in Twilio by 183.1% in the 2nd quarter. Andra AP fonden now owns 50,100 shares of the technology company's stock worth $10,337,000 after acquiring an additional 32,400 shares during the period. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, CEO Khozema Shipchandler sold 13,898 shares of the stock in a transaction that occurred on Wednesday, September 30th. The stock was sold at an average price of $294.08, for a total value of $4,087,123.84. Following the completion of the transaction, the chief executive officer directly owned 193,305 shares of the company's stock, valued at approximately $56,847,134.40. This represents a 6.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 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 value of $123,540,000.00. Following the transaction, the director owned 120,000 shares of the company's stock, valued at $29,649,600. This trade represents a 80.65% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 524,376 shares of company stock worth $130,630,590. Company insiders own 0.21% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. TD Cowen raised their price target on Twilio from $260.00 to $300.00 and gave the company a "buy" rating in a research report on Tuesday, September 22nd. Wolfe Research raised Twilio to a "buy" rating in a report on Friday, August 7th. Rosenblatt Securities upped their price target on Twilio from $275.00 to $290.00 and gave the stock a "buy" rating in a report on Tuesday, September 22nd. Morgan Stanley restated an "overweight" rating and issued a $261.00 price objective on shares of Twilio in a research note on Friday, August 7th. Finally, Needham & Company LLC boosted their target price on shares of Twilio from $250.00 to $280.00 and gave the stock a "buy" rating in a research report on Friday, August 7th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat.com, Twilio presently has an average rating of "Moderate Buy" and an average price target of $250.39.

Twilio Stock Performance

TWLO stock traded down $15.71 during midday trading on Tuesday, hitting $285.20. The stock had a trading volume of 1,899,358 shares, compared to its average volume of 2,641,495. The firm has a market capitalization of $43.80 billion, a price-to-earnings ratio of 39.65, a P/E/G ratio of 6.04 and a beta of 1.35. 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 stock has a 50-day simple moving average of $240.06 and a 200 day simple moving average of $199.22. Twilio Inc. has a 52 week low of $104.50 and a 52 week high of $308.40.

Twilio (NYSE:TWLO - Get Free Report) last announced its quarterly earnings data 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 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%. The business's revenue was up 22.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.19 EPS. Twilio has set its Q3 2026 guidance at 1.420-1.470 EPS. As a group, equities research analysts anticipate that Twilio Inc. will post 3.12 earnings per share for the current year.

Twilio Company 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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