Temasek Holdings Private Ltd Invests $18.36 Million in Twilio Inc. $TWLO

Key Points

• Temasek Holdings acquired a new stake in Twilio Inc. by purchasing 187,543 shares worth approximately $18.36 million, representing about 0.12% of the company.
• Several other institutional investors, including Jericho Capital and Alyeska Investment Group, also significantly increased their holdings in Twilio during the first quarter of 2023.
• Twilio reported a revenue of $1.23 billion for the quarter, exceeding analysts' expectations and marking a 13.5% year-over-year increase in revenue.

Temasek Holdings Private Ltd purchased a new position 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 and Exchange Commission (SEC). The firm purchased 187,543 shares of the technology company's stock, valued at approximately $18,362,000. Temasek Holdings Private Ltd owned about 0.12% of Twilio as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the stock. Brighton Jones LLC lifted its stake in Twilio by 6.6% during the fourth quarter. Brighton Jones LLC now owns 10,051 shares of the technology company's stock worth $1,086,000 after purchasing an additional 623 shares during the last quarter. Ameriprise Financial Inc. lifted its position in shares of Twilio by 47.0% in the 4th quarter. Ameriprise Financial Inc. now owns 310,596 shares of the technology company's stock worth $33,570,000 after buying an additional 99,236 shares during the last quarter. Cary Street Partners Financial LLC bought a new position in Twilio in the fourth quarter worth about $424,000. Captrust Financial Advisors lifted its holdings in Twilio by 31.4% in the fourth quarter. Captrust Financial Advisors now owns 28,066 shares of the technology company's stock worth $3,033,000 after acquiring an additional 6,709 shares during the last quarter. Finally, Cetera Investment Advisers lifted its holdings in Twilio by 1.8% in the fourth quarter. Cetera Investment Advisers now owns 54,794 shares of the technology company's stock worth $5,922,000 after acquiring an additional 990 shares during the last quarter. Institutional investors own 84.27% of the company's stock.

Wall Street Analyst Weigh In

TWLO has been the topic of several recent research reports. UBS Group cut 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 raised their target price on Twilio from $140.00 to $144.00 and gave the company an "overweight" rating in a research note on Friday, August 8th. Jefferies Financial Group set a $132.00 target price on Twilio and gave the company a "hold" rating in a research note on Sunday, June 15th. KeyCorp initiated coverage on shares of Twilio in a research report on Friday, June 6th. They issued an "overweight" rating and a $146.00 price objective on the stock. Finally, Rosenblatt Securities initiated coverage on shares of Twilio in a research report on Friday, September 5th. They issued a "buy" rating and a $140.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Twilio currently has a consensus rating of "Moderate Buy" and a consensus price target of $129.78.

Insider Buying and Selling at Twilio

In other Twilio 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 completion of the transaction, the chief financial officer directly owned 146,016 shares in the company, valued at $15,468,935.04. This trade represents a 1.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Khozema Shipchandler sold 13,595 shares of the firm's 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 completion of the transaction, the chief executive officer directly owned 246,986 shares of the company's stock, valued at $28,912,181.16. This represents a 5.22% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 51,671 shares of company stock valued at $6,235,788. 4.50% of the stock is currently owned by company insiders.

Twilio Price Performance

Shares of Twilio stock traded down $2.60 during trading on Wednesday, hitting $104.40. The stock had a trading volume of 2,418,739 shares, compared to its average volume of 3,185,660. 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 $16.02 billion, a P/E ratio of 870.07, a PEG ratio of 3.42 and a beta of 1.27. The business has a fifty day moving average of $115.25 and a two-hundred day moving average of $109.24. Twilio Inc. has a fifty-two week low of $57.16 and a fifty-two week high of $151.95.

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. Twilio had a net margin of 0.43% and a return on equity of 2.78%. The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.19 billion. During the same quarter last year, the firm posted $0.87 EPS. The business'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. On average, sell-side analysts expect that Twilio Inc. will post 1.44 earnings per share for the current fiscal year.

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.