Nordea Investment Management AB Grows Stake in Twilio Inc. $TWLO

Key Points

• Nordea Investment Management AB increased its stake in Twilio by 4,231.2%, acquiring an additional 1,097,695 shares during the second quarter, bringing its total holdings to 1,123,638 shares valued at approximately $139.7 million.
• Twilio reported better-than-expected earnings for the second quarter, with $1.19 earnings per share against expectations of $1.02, and a revenue of $1.23 billion, exceeding predictions of $1.19 billion.
• Insider activity showed significant stock sales, with CEO Khozema Shipchandler selling 12,922 shares for over $1.3 million, reflecting a 5.54% decrease in his total share ownership.

Nordea Investment Management AB grew its holdings in Twilio Inc. (NYSE:TWLO - Free Report) by 4,231.2% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 1,123,638 shares of the technology company's stock after acquiring an additional 1,097,695 shares during the quarter. Nordea Investment Management AB owned about 0.74% of Twilio worth $139,736,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in TWLO. Ninety One UK Ltd purchased a new position in shares of Twilio in the 2nd quarter valued at about $212,059,000. KBC Group NV grew its stake in Twilio by 236.3% during the 1st quarter. KBC Group NV now owns 945,594 shares of the technology company's stock worth $92,583,000 after buying an additional 664,420 shares during the last quarter. Alyeska Investment Group L.P. grew its stake in Twilio by 36.4% during the 1st quarter. Alyeska Investment Group L.P. now owns 2,071,826 shares of the technology company's stock worth $202,852,000 after buying an additional 553,043 shares during the last quarter. Robeco Institutional Asset Management B.V. grew its stake in Twilio by 58.2% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 1,418,754 shares of the technology company's stock worth $176,436,000 after buying an additional 521,713 shares during the last quarter. Finally, Jericho Capital Asset Management L.P. grew its stake in Twilio by 17.7% during the 1st quarter. Jericho Capital Asset Management L.P. now owns 3,280,363 shares of the technology company's stock worth $321,180,000 after buying an additional 493,000 shares during the last quarter. Hedge funds and other institutional investors own 84.27% of the company's stock.

Twilio Stock Up 0.4%

Twilio stock opened at $106.67 on Friday. Twilio Inc. has a twelve month low of $69.40 and a twelve month high of $151.95. The stock has a 50 day moving average of $104.78 and a two-hundred day moving average of $109.10. 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 stock has a market capitalization of $16.37 billion, a price-to-earnings ratio of 888.98, a PEG ratio of 3.29 and a beta of 1.25.

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

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Wall Street Zen upgraded Twilio from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Wells Fargo & Company assumed coverage on Twilio in a research note on Tuesday, September 30th. They set an "overweight" rating and a $130.00 price target on the stock. Royal Bank Of Canada restated an "underperform" rating and set a $75.00 price target on shares of Twilio in a research note on Wednesday, September 17th. Rosenblatt Securities restated a "buy" rating and set a $140.00 price target on shares of Twilio in a research note on Friday, September 26th. Finally, Piper Sandler raised their price target on Twilio from $140.00 to $144.00 and gave the stock an "overweight" rating in a research note on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $130.22.

Insider Activity at Twilio

In other news, CEO Khozema Shipchandler sold 12,922 shares of the firm's stock in a transaction that occurred on Friday, October 3rd. The stock was sold at an average price of $104.09, for a total value of $1,345,050.98. Following the completion of the sale, the chief executive officer directly owned 220,383 shares of the company's stock, valued at $22,939,666.47. This trade represents a 5.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Aidan Viggiano sold 8,035 shares of the firm's stock in a transaction that occurred on Thursday, October 9th. The shares were sold at an average price of $115.00, for a total value of $924,025.00. Following the completion of the sale, the chief financial officer directly owned 129,618 shares of the company's stock, valued at $14,906,070. This represents a 5.84% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 44,808 shares of company stock valued at $4,677,916 over the last three months. 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.

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