Truist Financial Corp Purchases 19,916 Shares of Twilio Inc. $TWLO

Truist Financial Corp boosted its position in shares of Twilio Inc. (NYSE:TWLO - Free Report) by 6.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 320,597 shares of the technology company's stock after purchasing an additional 19,916 shares during the quarter. Truist Financial Corp owned about 0.21% of Twilio worth $45,602,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. KPP Advisory Services LLC bought a new stake in shares of Twilio in the 4th quarter valued at about $232,000. Composition Wealth LLC increased its stake in shares of Twilio by 1.3% in the 4th quarter. Composition Wealth LLC now owns 11,868 shares of the technology company's stock valued at $1,688,000 after acquiring an additional 151 shares during the last quarter. PFA Pension Forsikringsaktieselskab bought a new stake in shares of Twilio in the 4th quarter valued at about $14,602,000. Fifth Third Bancorp increased its stake in shares of Twilio by 339.6% in the 4th quarter. Fifth Third Bancorp now owns 14,024 shares of the technology company's stock valued at $1,995,000 after acquiring an additional 10,834 shares during the last quarter. Finally, Danske Bank A S increased its stake in shares of Twilio by 4.3% in the 4th quarter. Danske Bank A S now owns 112,944 shares of the technology company's stock valued at $16,065,000 after acquiring an additional 4,653 shares during the last quarter. 84.27% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Twilio news, CFO Aidan Viggiano sold 9,389 shares of the company's stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $127.51, for a total transaction of $1,197,191.39. Following the completion of the transaction, the chief financial officer owned 130,341 shares of the company's stock, valued at $16,619,780.91. This represents a 6.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Khozema Shipchandler sold 15,715 shares of the company's stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $133.39, for a total value of $2,096,223.85. Following the sale, the chief executive officer owned 235,542 shares in the company, valued at approximately $31,418,947.38. This represents a 6.25% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 49,588 shares of company stock valued at $6,336,644 in the last quarter. 4.50% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Morgan Stanley reaffirmed an "overweight" rating and issued a $200.00 price target on shares of Twilio in a research note on Friday. Rosenblatt Securities upped their price target on Twilio from $180.00 to $210.00 and gave the company a "buy" rating in a research note on Friday, May 1st. UBS Group upped their price target on Twilio from $180.00 to $200.00 and gave the company a "buy" rating in a research note on Friday, May 1st. Bank of America upgraded Twilio from an "underperform" rating to a "buy" rating and boosted their price objective for the company from $110.00 to $190.00 in a research report on Wednesday, April 22nd. Finally, Wells Fargo & Company boosted their price objective on Twilio from $147.00 to $200.00 and gave the company an "overweight" rating in a research report on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $187.00.

Twilio Trading Up 3.2%

NYSE:TWLO opened at $195.70 on Wednesday. Twilio Inc. has a twelve month low of $91.84 and a twelve month high of $196.37. The company has a quick ratio of 4.03, a current ratio of 4.66 and a debt-to-equity ratio of 0.13. The business has a 50 day moving average price of $130.30 and a two-hundred day moving average price of $127.20. The company has a market cap of $29.65 billion, a P/E ratio of 305.79, a price-to-earnings-growth ratio of 4.34 and a beta of 1.32.

Twilio (NYSE:TWLO - Get Free Report) last released its quarterly earnings results on Thursday, April 30th. The technology company reported $1.50 earnings per share for the quarter, topping analysts' consensus estimates of $1.27 by $0.23. Twilio had a return on equity of 4.64% and a net margin of 1.96%.The firm had revenue of $1.41 billion during the quarter, compared to the consensus estimate of $1.34 billion. During the same quarter in the prior year, the firm posted $1.14 EPS. The business's revenue was up 20.0% on a year-over-year basis. Twilio has set its Q2 2026 guidance at 2.500-2.600 EPS. As a group, analysts expect that Twilio Inc. will post 2.52 EPS for the current fiscal year.

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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