TD Asset Management Inc Has $2.81 Million Stock Holdings in Twilio Inc. $TWLO

Key Points

• TD Asset Management raised its stake in Twilio by 78.7% to 28,070 shares, valued at about $2.81 million at the end of the quarter.
• Multiple large institutions added sizable positions—most notably Norges Bank (~$228.9M), while Voya, Atreides, Neuberger Berman and Captrust also meaningfully increased holdings—leaving institutional ownership at 84.27%.
• Company insiders sold 43,753 shares (~$6.05M) in the last 90 days including the CEO's sale of 13,336 shares, while Twilio recently beat quarterly estimates (EPS $1.33 vs. $1.24; revenue $1.37B vs. $1.32B) and holds a consensus "Moderate Buy" rating with a ~$145.22 price target.

TD Asset Management Inc grew its stake in Twilio Inc. (NYSE:TWLO - Free Report) by 78.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 28,070 shares of the technology company's stock after purchasing an additional 12,363 shares during the quarter. TD Asset Management Inc's holdings in Twilio were worth $2,810,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Norges Bank bought a new stake in Twilio in the second quarter valued at about $228,877,000. Voya Investment Management LLC grew its position in shares of Twilio by 752.5% during the 3rd quarter. Voya Investment Management LLC now owns 755,015 shares of the technology company's stock worth $75,569,000 after buying an additional 666,448 shares during the period. Atreides Management LP increased its stake in shares of Twilio by 533.1% in the 2nd quarter. Atreides Management LP now owns 730,300 shares of the technology company's stock valued at $90,820,000 after acquiring an additional 614,943 shares during the last quarter. Neuberger Berman Group LLC raised its position in shares of Twilio by 17,371.0% in the 2nd quarter. Neuberger Berman Group LLC now owns 547,192 shares of the technology company's stock valued at $68,049,000 after acquiring an additional 544,060 shares during the period. Finally, Captrust Financial Advisors raised its position in shares of Twilio by 3,670.5% in the 2nd quarter. Captrust Financial Advisors now owns 512,784 shares of the technology company's stock valued at $63,770,000 after acquiring an additional 499,184 shares during the period. 84.27% of the stock is currently owned by institutional investors.

Insider Activity at Twilio

In other news, CEO Khozema Shipchandler sold 13,336 shares of the firm's stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $134.28, for a total transaction of $1,790,758.08. Following the completion of the transaction, the chief executive officer directly owned 193,781 shares of the company's stock, valued at $26,020,912.68. This trade represents a 6.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Aidan Viggiano sold 806 shares of Twilio stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $125.00, for a total transaction of $100,750.00. Following the completion of the sale, the chief financial officer owned 147,961 shares in the company, valued at $18,495,125. This trade represents a 0.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 43,753 shares of company stock worth $6,050,080 in the last 90 days. Company insiders own 0.21% of the company's stock.

Twilio Price Performance

Shares of NYSE TWLO opened at $123.03 on Thursday. The company has a fifty day moving average price of $124.05 and a 200 day moving average price of $119.09. The firm has a market cap of $18.88 billion, a PE ratio of 647.56, a PEG ratio of 5.07 and a beta of 1.30. The company has a current ratio of 4.03, a quick ratio of 4.03 and a debt-to-equity ratio of 0.13. Twilio Inc. has a 1-year low of $77.51 and a 1-year high of $145.90.

Twilio (NYSE:TWLO - Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The technology company reported $1.33 EPS for the quarter, beating analysts' consensus estimates of $1.24 by $0.09. The company had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.32 billion. Twilio had a return on equity of 3.93% and a net margin of 0.67%.The company's quarterly revenue was up 14.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.00 earnings per share. Twilio has set its Q1 2026 guidance at 1.210-1.260 EPS. Research analysts predict that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on TWLO. Wall Street Zen cut shares of Twilio from a "strong-buy" rating to a "buy" rating in a report on Tuesday, November 11th. Oppenheimer reissued an "outperform" rating and set a $170.00 price target on shares of Twilio in a research report on Monday, January 5th. BTIG Research lowered their price objective on shares of Twilio from $165.00 to $155.00 and set a "buy" rating for the company in a research report on Friday, February 13th. Rosenblatt Securities reaffirmed a "buy" rating and set a $180.00 price objective on shares of Twilio in a research note on Friday, February 13th. Finally, Citigroup reiterated a "market perform" rating on shares of Twilio in a report on Tuesday, December 30th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Twilio presently has an average rating of "Moderate Buy" and a consensus price target of $145.22.

About Twilio

Twilio Inc NYSE: TWLO is a cloud communications platform-as-a-service (CPaaS) company that enables developers and enterprises to embed communications into web and mobile applications. Its core offering is a suite of programmable APIs that handle messaging (SMS, MMS, and chat), voice calling, video, and user authentication. Twilio's platform is designed to help businesses build customer engagement and communication workflows without managing telecommunications infrastructure directly.

The company's product portfolio includes programmable voice and messaging APIs, Twilio Video for real‑time video applications, and Twilio Authy for multi‑factor authentication.

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