HighTower Advisors LLC Decreases Stock Holdings in Twilio Inc. $TWLO

Key Points

• HighTower Advisors LLC has reduced its stake in Twilio Inc. by 70.2%, selling 27,299 shares and retaining 11,601 shares worth approximately $1.14 million.
• Twilio reported earnings of $1.19 per share, exceeding estimates, with quarterly revenue of $1.23 billion, a 13.5% increase year-over-year.
• Analysts have a consensus rating of "Moderate Buy" for Twilio, with a price target of $129.32, influenced by recent upgrades from various firms.

HighTower Advisors LLC cut its holdings in Twilio Inc. (NYSE:TWLO - Free Report) by 70.2% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,601 shares of the technology company's stock after selling 27,299 shares during the quarter. HighTower Advisors LLC's holdings in Twilio were worth $1,136,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Jericho Capital Asset Management L.P. purchased a new stake in Twilio in the fourth quarter worth about $301,258,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Twilio by 26.1% in the fourth 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 acquiring an additional 331,202 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in Twilio by 3.4% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,271,273 shares of the technology company's stock worth $124,470,000 after acquiring an additional 41,896 shares during the period. Two Sigma Investments LP lifted its stake in Twilio by 1,292.9% in the fourth quarter. Two Sigma Investments LP now owns 1,129,725 shares of the technology company's stock worth $122,101,000 after acquiring an additional 1,048,619 shares during the period. Finally, Northern Trust Corp raised its holdings in Twilio by 9.5% in the fourth quarter. Northern Trust Corp now owns 1,108,945 shares of the technology company's stock worth $119,855,000 after purchasing an additional 96,010 shares in the last quarter. 84.27% of the stock is owned by hedge funds and other institutional investors.

Twilio Stock Performance

NYSE:TWLO traded down $0.66 during midday trading on Friday, hitting $105.73. The company's stock had a trading volume of 2,224,123 shares, compared to its average volume of 6,015,151. Twilio Inc. has a fifty-two week low of $56.85 and a fifty-two week high of $151.95. The firm's 50 day moving average is $117.24 and its 200-day moving average is $110.14. The company has a debt-to-equity ratio of 0.12, a current ratio of 4.90 and a quick ratio of 4.90. The firm has a market cap of $16.22 billion, a P/E ratio of 881.16, a P/E/G ratio of 3.34 and a beta of 1.23.

Twilio (NYSE:TWLO - Get Free Report) last issued its quarterly earnings results on Thursday, August 7th. The technology company reported $1.19 earnings per share for the quarter, topping the consensus estimate 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 the consensus estimate of $1.19 billion. During the same quarter in the prior year, the company earned $0.87 EPS. 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 anticipate that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Khozema Shipchandler sold 20,008 shares of the stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $124.53, for a total value of $2,491,596.24. Following the transaction, the chief executive officer owned 260,581 shares in the company, 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 Securities & Exchange Commission, which can be accessed through this link. Also, Director Erika Rottenberg sold 4,100 shares of the company's 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 completion of the sale, the director owned 33,488 shares in the company, valued at approximately $4,019,564.64. This represents a 10.91% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 55,771 shares of company stock worth $6,727,911. 0.21% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have commented on TWLO shares. Tigress Financial reiterated a "buy" rating and issued a $170.00 target price on shares of Twilio in a report on Thursday, May 8th. Jefferies Financial Group set a $132.00 target price on shares of Twilio and gave the stock a "hold" rating in a report on Sunday, June 15th. HSBC upgraded shares of Twilio from a "reduce" rating to a "hold" rating and boosted their target price for the stock from $77.00 to $99.00 in a report on Monday, May 5th. KeyCorp started coverage on shares of Twilio in a report on Friday, June 6th. They issued an "overweight" rating and a $146.00 target price for the company. Finally, UBS Group reduced their target price 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. 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 company's stock. Based on data from MarketBeat, Twilio presently has an average rating of "Moderate Buy" and an average target price 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.