Graham Capital Management L.P. Decreases Stock Holdings in Twilio Inc. $TWLO

Key Points

• Graham Capital Management L.P. reduced its stock position in Twilio Inc. by 81.6%, owning only 9,590 shares after selling 42,657 in the first quarter.
• Several large investors, including Woodward Diversified Capital LLC and Nations Financial Group Inc., increased their holdings in Twilio during the same period.
• In related insider transactions, CFO Aidan Viggiano and CEO Khozema Shipchandler sold significant shares, reducing their stakes by 5.31% and 7.13%, respectively.

Graham Capital Management L.P. lessened its position in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 81.6% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,590 shares of the technology company's stock after selling 42,657 shares during the quarter. Graham Capital Management L.P.'s holdings in Twilio were worth $939,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Twilio by 26.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,602,428 shares of the technology company's stock worth $173,190,000 after purchasing an additional 331,202 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in Twilio by 3.4% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,271,273 shares of the technology company's stock valued at $124,470,000 after buying an additional 41,896 shares in the last quarter. Northern Trust Corp lifted its stake in Twilio by 5.4% in the 1st quarter. Northern Trust Corp now owns 1,168,947 shares of the technology company's stock worth $114,452,000 after purchasing an additional 60,002 shares in the last quarter. Two Sigma Investments LP lifted its stake in Twilio by 1,292.9% in the 4th quarter. Two Sigma Investments LP now owns 1,129,725 shares of the technology company's stock worth $122,101,000 after purchasing an additional 1,048,619 shares in the last quarter. Finally, Whale Rock Capital Management LLC purchased a new position in Twilio in the 4th quarter worth approximately $111,312,000. Hedge funds and other institutional investors own 84.27% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. Jefferies Financial Group set a $132.00 target price on shares of Twilio and gave the stock a "hold" rating in a research note on Sunday, June 15th. KeyCorp initiated coverage on shares of Twilio in a report on Friday, June 6th. They set an "overweight" rating and a $146.00 price target for the company. Piper Sandler raised their price target on shares of Twilio from $140.00 to $144.00 and gave the stock an "overweight" rating in a report on Friday, August 8th. UBS Group cut their price target on shares of Twilio from $150.00 to $135.00 and set a "buy" rating for the company in a report on Friday, August 8th. Finally, Needham & Company LLC restated a "buy" rating and set a $125.00 price target on shares of Twilio in a report on Friday, May 16th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, Twilio presently has an average rating of "Moderate Buy" and a consensus target price of $129.78.

Twilio Trading Up 2.4%

Twilio stock traded up $2.57 during trading on Friday, hitting $108.60. The company had a trading volume of 2,500,259 shares, compared to its average volume of 5,539,096. Twilio Inc. has a 1-year low of $56.85 and a 1-year high of $151.95. The company has a current ratio of 4.90, a quick ratio of 4.90 and a debt-to-equity ratio of 0.12. The company's 50 day simple moving average is $115.77 and its 200-day simple moving average is $109.35. The stock has a market cap of $16.66 billion, a price-to-earnings ratio of 905.11, a price-to-earnings-growth ratio of 3.40 and a beta of 1.27.

Twilio (NYSE:TWLO - Get Free Report) last posted its earnings results on Thursday, August 7th. The technology company reported $1.19 earnings per share 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 firm's revenue for the quarter was up 13.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.87 EPS. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. As a group, analysts expect that Twilio Inc. will post 1.44 EPS for the current fiscal year.

Insider Buying and Selling at Twilio

In other Twilio news, CFO Aidan Viggiano sold 8,297 shares of the business's stock in a transaction on Thursday, July 3rd. The shares were sold at an average price of $117.05, for a total value of $971,163.85. Following the completion of the transaction, the chief financial officer owned 147,823 shares in the company, valued at $17,302,682.15. The trade was a 5.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Khozema Shipchandler sold 20,008 shares of the business's stock in a transaction 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 transaction, the chief executive officer owned 260,581 shares of the company's stock, valued at approximately $32,450,151.93. This trade represents a 7.13% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 51,671 shares of company stock valued at $6,235,788. Insiders own 0.21% of the company's stock.

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.