Twilio Inc. $TWLO Shares Sold by FORA Capital LLC

Key Points

• FORA Capital LLC has reduced its stake in Twilio Inc. by 43.7%, selling 32,320 shares during the first quarter, leaving it with 41,690 shares valued at approximately $4.08 million.
• Twilio reported earnings of $1.19 per share for the most recent quarter, exceeding the consensus estimate of $1.02, and its revenue grew by 13.5% year-over-year to $1.23 billion.
• Institutional investors now own 84.27% of Twilio's stock, with several hedge funds, including Jericho Capital and UBS AM, significantly increasing their positions in the company recently.

FORA Capital LLC cut its holdings in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 43.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,690 shares of the technology company's stock after selling 32,320 shares during the period. FORA Capital LLC's holdings in Twilio were worth $4,082,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. LRI Investments LLC acquired a new position in shares of Twilio in the first quarter valued at approximately $25,000. Financial Gravity Asset Management Inc. purchased a new position in Twilio in the 1st quarter valued at approximately $28,000. TCTC Holdings LLC grew its stake in shares of 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. Cloud Capital Management LLC acquired a new position in shares of Twilio in the first quarter worth $34,000. Finally, UMB Bank n.a. purchased a new stake in shares of Twilio during the first quarter worth $37,000. Institutional investors and hedge funds own 84.27% of the company's stock.

Twilio Stock Performance

TWLO stock traded up $3.30 on Thursday, hitting $106.45. The company's stock had a trading volume of 2,639,663 shares, compared to its average volume of 6,004,701. The stock has a market cap of $16.33 billion, a price-to-earnings ratio of 887.13, a price-to-earnings-growth ratio of 3.26 and a beta of 1.23. The firm has a 50 day moving average of $117.46 and a two-hundred day moving average of $110.64. 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 1 year low of $56.85 and a 1 year high of $151.95.

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

Insider Activity at Twilio

In other Twilio news, CEO Khozema Shipchandler sold 20,008 shares of the company's stock in a transaction that occurred on Monday, June 30th. The stock was sold at an average price of $124.53, for a total transaction of $2,491,596.24. Following the completion of the sale, the chief executive officer directly owned 260,581 shares of the company's stock, valued at $32,450,151.93. This represents a 7.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Erika Rottenberg sold 4,100 shares of the stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $120.03, for a total value of $492,123.00. Following the sale, the director directly owned 33,488 shares of the company's stock, valued at $4,019,564.64. The trade was a 10.91% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 55,771 shares of company stock worth $6,727,911 in the last quarter. Company insiders own 0.21% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on TWLO shares. Robert W. Baird lowered their price objective on Twilio from $160.00 to $130.00 and set an "outperform" rating for the company in a research report on Wednesday, April 30th. Tigress Financial reiterated a "buy" rating and issued a $170.00 price objective on shares of Twilio in a report on Thursday, May 8th. UBS Group cut their target price on Twilio from $150.00 to $135.00 and set a "buy" rating on the stock in a research report on Friday, August 8th. Scotiabank upped their price target on Twilio from $130.00 to $135.00 and gave the company a "sector outperform" rating in a report on Friday, May 2nd. Finally, Piper Sandler increased their price target on shares of Twilio from $140.00 to $144.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $129.32.

Twilio 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.