410,775 Shares in Twilio Inc. $TWLO Acquired by Nuveen LLC

Key Points

• Nuveen LLC has acquired 410,775 shares of Twilio Inc., valued at approximately $40.2 million, representing 0.27% of the company's total shares.
• Twilio's recent earnings report showed an EPS of $1.19, exceeding estimates, and revenue of $1.23 billion, reflecting a 13.5% increase year-over-year.
• Several analysts have raised their price targets for Twilio, with the average target now set at $126.74 and an average rating of "Moderate Buy."

Nuveen LLC bought a new stake in shares of Twilio Inc. (NYSE:TWLO - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 410,775 shares of the technology company's stock, valued at approximately $40,219,000. Nuveen LLC owned about 0.27% of Twilio at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of TWLO. Brighton Jones LLC raised its stake in Twilio by 6.6% during the 4th quarter. Brighton Jones LLC now owns 10,051 shares of the technology company's stock valued at $1,086,000 after purchasing an additional 623 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Twilio by 101.0% during 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 last quarter. Raymond James Financial Inc. acquired a new position in Twilio during the 4th quarter valued at $25,778,000. Rockefeller Capital Management L.P. raised its stake in Twilio by 28.9% during 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 last quarter. Finally, Mariner LLC raised its stake in Twilio by 0.7% during 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 last quarter. 84.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Twilio

In other news, CFO Aidan Viggiano sold 1,807 shares of the firm's stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $105.94, for a total value of $191,433.58. Following the transaction, the chief financial officer owned 146,016 shares of the company's stock, valued at approximately $15,468,935.04. This trade represents a 1.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Khozema Shipchandler sold 13,595 shares of Twilio stock in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $117.06, for a total transaction of $1,591,430.70. Following the transaction, the chief executive officer directly owned 246,986 shares in the company, valued at $28,912,181.16. The trade was a 5.22% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 55,771 shares of company stock worth $6,727,911. 0.21% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on TWLO shares. Wall Street Zen cut shares of Twilio from a "strong-buy" rating to a "buy" rating in a research note on Friday, May 30th. Needham & Company LLC reaffirmed a "buy" rating and set a $125.00 price objective on shares of Twilio in a report on Friday, May 16th. Robert W. Baird reduced their price objective on shares of Twilio from $160.00 to $130.00 and set an "outperform" rating for the company in a report on Wednesday, April 30th. UBS Group reduced their price objective 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, KeyCorp began coverage on shares of Twilio in a report on Friday, June 6th. They set an "overweight" rating and a $146.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $126.74.

Twilio Price Performance

Shares of Twilio stock traded down $0.90 during mid-day trading on Thursday, reaching $101.04. 2,604,645 shares of the stock were exchanged, compared to its average volume of 5,727,390. 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 has a market cap of $15.50 billion, a price-to-earnings ratio of 842.07, a price-to-earnings-growth ratio of 3.22 and a beta of 1.23. Twilio Inc. has a fifty-two week low of $56.85 and a fifty-two week high of $151.95. The firm has a 50-day simple moving average of $118.58 and a 200 day simple moving average of $112.06.

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, beating the consensus estimate of $1.02 by $0.17. The firm had revenue of $1.23 billion during the quarter, compared to analysts' expectations of $1.19 billion. Twilio had a net margin of 0.43% and a return on equity of 2.78%. The company's quarterly revenue was up 13.5% compared to the same quarter last year. During the same quarter last year, the company posted $0.87 EPS. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. On average, sell-side analysts predict that Twilio Inc. will post 1.44 EPS for the current fiscal year.

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.