Gulf International Bank UK Ltd Reduces Stock Holdings in Twilio Inc. $TWLO

Key Points

• Gulf International Bank UK Ltd has reduced its stake in Twilio Inc. by 37.0%, now holding 8,455 shares valued at $827,000.
• Research firms have mixed ratings on Twilio, with one analyst downgrading it from "strong-buy" to "buy," while the average target price is set at $126.74.
• Twilio's recent earnings report showed a 13.5% increase in revenue year-over-year, with earnings per share at $1.19, exceeding analysts' expectations.

Gulf International Bank UK Ltd lowered its holdings in Twilio Inc. (NYSE:TWLO - Free Report) by 37.0% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 8,455 shares of the technology company's stock after selling 4,960 shares during the quarter. Gulf International Bank UK Ltd's holdings in Twilio were worth $827,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in TWLO. Brighton Jones LLC increased its holdings in shares of Twilio by 6.6% in the 4th quarter. Brighton Jones LLC now owns 10,051 shares of the technology company's stock valued at $1,086,000 after acquiring an additional 623 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Twilio by 101.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 46,993 shares of the technology company's stock valued at $5,079,000 after purchasing an additional 23,608 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Twilio in the 4th quarter valued at about $25,778,000. Rockefeller Capital Management L.P. boosted its position in shares of Twilio by 28.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 13,915 shares of the technology company's stock valued at $1,504,000 after purchasing an additional 3,117 shares during the period. Finally, Mariner LLC boosted its position in shares of Twilio by 0.7% in the 4th quarter. Mariner LLC now owns 46,995 shares of the technology company's stock valued at $5,079,000 after purchasing an additional 345 shares during the period. Hedge funds and other institutional investors own 84.27% of the company's stock.

Twilio Stock Performance

Shares of TWLO stock traded down $1.6730 during trading hours on Tuesday, reaching $103.3770. 5,318,437 shares of the company's stock were exchanged, compared to its average volume of 5,465,317. The company has a market cap of $15.86 billion, a P/E ratio of 861.55, a price-to-earnings-growth ratio of 3.35 and a beta of 1.23. The company's 50 day moving average is $119.21 and its two-hundred day moving average is $112.45. Twilio Inc. has a 1 year low of $56.85 and a 1 year high of $151.95. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.90 and a quick ratio of 4.90.

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

Analyst Ratings Changes

A number of analysts recently issued reports on the company. JMP Securities reissued a "market outperform" rating and issued a $165.00 target price on shares of Twilio in a research report on Tuesday, April 29th. Robert W. Baird decreased their target price on Twilio from $160.00 to $130.00 and set an "outperform" rating for the company in a research report on Wednesday, April 30th. Scotiabank upped their target price on Twilio from $130.00 to $135.00 and gave the company a "sector outperform" rating in a research report on Friday, May 2nd. The Goldman Sachs Group upped their target price on Twilio from $130.00 to $145.00 and gave the company a "buy" rating in a research report on Friday, May 2nd. Finally, Piper Sandler increased their price objective on Twilio from $140.00 to $144.00 and gave the stock an "overweight" rating in a research report on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $126.74.

Insider Transactions at Twilio

In other news, CEO Khozema Shipchandler sold 20,008 shares of the 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 transaction, the chief executive officer directly owned 260,581 shares of the company's stock, valued at approximately $32,450,151.93. This represents a 7.13% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Erika Rottenberg sold 4,100 shares of the firm's stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of $120.03, for a total value of $492,123.00. Following the completion of the transaction, 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. In the last three months, insiders sold 55,771 shares of company stock valued at $6,727,911. Corporate insiders own 4.50% of the company's stock.

About Twilio

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.