Strs Ohio Buys New Position in Twilio Inc. $TWLO

Key Points

• Strs Ohio acquired a new position in Twilio Inc., buying 90,468 shares worth approximately $8.86 million during the first quarter, increasing the fund's total holdings to about 0.06% of the company.
• Insiders at Twilio sold a total of 51,671 shares worth about $6.23 million over the last quarter, with CFO Aidan Viggiano and CEO Khozema Shipchandler both reducing their ownership in the company.
• Twilio reported $1.23 billion in revenue for the last quarter, exceeding analyst estimates, and achieved $1.19 earnings per share, surpassing the expected $1.02.

Strs Ohio bought a new stake in shares of Twilio Inc. (NYSE:TWLO - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 90,468 shares of the technology company's stock, valued at approximately $8,858,000. Strs Ohio owned about 0.06% of Twilio as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of TWLO. Brighton Jones LLC boosted its position in shares of Twilio by 6.6% during the fourth quarter. Brighton Jones LLC now owns 10,051 shares of the technology company's stock valued at $1,086,000 after buying an additional 623 shares during the last quarter. Toronto Dominion Bank lifted its holdings in Twilio by 341.8% during the fourth quarter. Toronto Dominion Bank now owns 91,834 shares of the technology company's stock worth $9,925,000 after acquiring an additional 71,047 shares during the period. Tidal Investments LLC lifted its holdings in Twilio by 85.3% during the fourth quarter. Tidal Investments LLC now owns 32,730 shares of the technology company's stock worth $3,537,000 after acquiring an additional 15,064 shares during the period. Texas Bank & Trust Co bought a new stake in Twilio during the fourth quarter worth $243,000. Finally, Two Sigma Investments LP lifted its holdings in Twilio by 1,292.9% during 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. Hedge funds and other institutional investors own 84.27% of the company's stock.

Insiders Place Their Bets

In related news, CFO Aidan Viggiano sold 1,807 shares of the business's stock in a transaction on Friday, August 15th. The stock was sold at an average price of $105.94, for a total transaction of $191,433.58. Following the sale, the chief financial officer directly owned 146,016 shares in the company, valued at approximately $15,468,935.04. The trade was a 1.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Khozema Shipchandler sold 13,595 shares of the business's stock in a transaction on Thursday, July 3rd. The shares were sold at an average price of $117.06, for a total value of $1,591,430.70. Following the sale, the chief executive officer owned 246,986 shares in the company, valued at approximately $28,912,181.16. The trade was a 5.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 51,671 shares of company stock worth $6,235,788. 0.21% of the stock is currently owned by corporate insiders.

Twilio Stock Performance

Shares of TWLO opened at $102.31 on Friday. The firm has a market cap of $15.70 billion, a PE ratio of 852.65, a PEG ratio of 3.24 and a beta of 1.27. The stock's fifty day moving average price is $114.29 and its two-hundred day moving average price is $108.94. 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 Inc. has a 1 year low of $59.21 and a 1 year high of $151.95.

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, beating the consensus estimate of $1.02 by $0.17. Twilio had a return on equity of 2.78% and a net margin of 0.43%.The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.19 billion. During the same period in the previous year, the company posted $0.87 earnings per share. The business's revenue was up 13.5% on a year-over-year basis. Twilio has set its Q3 2025 guidance at 1.010-1.060 EPS. On average, equities research analysts forecast that Twilio Inc. will post 1.44 EPS for the current year.

Analyst Ratings Changes

TWLO has been the topic of a number of recent analyst reports. Wall Street Zen lowered Twilio from a "strong-buy" rating to a "buy" rating in a report on Friday, May 30th. UBS Group dropped their price target on Twilio from $150.00 to $135.00 and set a "buy" rating on the stock in a report on Friday, August 8th. Piper Sandler lifted their price target on Twilio from $140.00 to $144.00 and gave the stock an "overweight" rating in a report on Friday, August 8th. Rosenblatt Securities initiated coverage on Twilio in a report on Friday, September 5th. They set a "buy" rating and a $140.00 price target on the stock. Finally, KeyCorp initiated coverage on Twilio in a report on Friday, June 6th. They set an "overweight" rating and a $146.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $129.78.

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.

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